Answer: Price ceilings are beneficial to society, and are often necessary, in that they make sure that essential goods are financially accessible to the average person, at least in the short run. By lowering costs, price ceilings also have the beneficial effect of helping to stimulate demand, which can contribute to the health of an economy.
However, there can also be downsides to price ceilings. While they stimulate demand, price ceilings can also cause shortages. Where the ceiling is set, there is more demand than at the equilibrium price. This means that the amount of the good or service supplied is less than the quantity demanded.
For example: in agriculture, medicine, and education, many governments set maximum prices to make the needed goods or services more affordable. Producers may respond to such an economic situation by rationing supplies, decreasing production levels or lowering the quality of production, making the consumer pay extra for otherwise free elements of the good (features, options, etc.), and more.
Request: Can I please get brainliest
Answer:
The type of action that asks how and why performance deviated is called BASIC CORRECTIVE ACTON.
Explanation:
Basic corrective action are Corrective action that looks at how and why performance deviated before correcting the source of deviation.
Basic Corrective Action - Essential restorative activity that takes a gander at how and why execution veered off before remedying the wellspring of deviation. It's not unusual for supervisors to legitimize that they don't have opportunity to discover the wellspring of an issue (fundamental restorative activity) and keep on ceaselessly "put out flames" with prompt remedial activity.
Answer:
See below
Explanation:
<u></u>
<u>1. Teaching</u>
Teaching is a deliberate process of sharing knowledge and information in an organized manner and within a discipline. To teach is to provide experiences that stimulate the psychological and intellectual growth of a person. It involves the more knowledgeable instructor, issuing guidance and instructions to another person who seeks to acquire knowledge.
Teaching takes place in schools and the out-of-school environment.
<u>2. The manpower related to teaching include,</u>
- The teacher: Also known as a tutor, instructor, or lecturer.
- Education Administrators: Made-up of heads of leaning institutions, education supervisors and the top management of education in a country.
- Support staff in educational institutions.
- Teacher trainers,
The key movements via are to increase the economy consist of a decreased bargain fee, buying government securities, and a decreased reserve ratio.
<h3>When the Fed makes use of contractionary policy?</h3>
When GDP in a kingdom is growing too fast, inflicting inflation to grow past a suited charge of two%, central banks will put in force a contractionary economic coverage. The Federal Reserve, or any principal financial institution, has three primary pieces of equipment to reduce the money supply.
A direct advantage of contractionary economic coverage is that it strengthens government budgets. As an instance, whilst the Fed's bargain price increases, the government earns extra cash from the banks that borrow budget from the Fed's cut price window. The government can use this supply of sales to offset spending and decrease price range deficits.
Learn more about contractionary monetary policy here brainly.com/question/27500362
#SPJ10
Answer:
1) False
when the inflation is lower than expected, the real interest rate will be higher, since
real interest rate = Nominal interest rate - inflation.
2) Gains
In case of unexpected lower inflation the lender gains and the borrower loses.This is because real value of the loan increases due to lower inflation.
3) Loses
In case of unexpected lower inflation the lender gains and the borrower loses.This is because real value of the loan increases due to lower inflation.
