Answer:
an economy is capable of sustaining or producing without generating higher inflation.
Explanation:
In simple words, potential economy refers to that level of output or GDP that an economy can produce and sustain over along term with its given level of inflation and resources available.
Potential income has to be maintained over a long term and is based on the assumption that all of the resources available, whether human or natural, will be utilized as according to their maximum utility power.
Answer:
The correct answer is option b.
Explanation:
When foreign producers sell their goods and services in the US market they get US dollars in return. They use these dollars to buy goods and services from the US.
If import restrictions prohibit foreigners from selling various goods and services in the U.S. market, foreigners will have fewer U.S. dollars which they can spend to buy U.S. goods and services. So they will be able to purchase fewer goods and services from the US.
Answer:
core competency
Explanation:
Based on the information provided within the question in regards to the situation at hand it can be said that the iPad was a core competency for Apple. This term refers to the use of a company's resources and skills to create something in order to set it apart and give the company a competitive advantage in a market. Which is exactly what the iPad did for Apple.
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Answer:
Mortgage, 20%, 80%
Explanation:
Typically required on Mortgage loans when the down payment is less than 20% and loan-to-value ratio is in excess of 80%. Loans with higher LTVs don't conform to Fannie Mae/Freddie Mac guidelines, so a lender may require PMI to offset the risk.
Answer:
Explanation:
Group polarization is a concept in social psychology where the decision made by a group of people is more extreme to the decision made by the individual members of the group.
The members of the group recommended 3,5,7 years as prison sentence individually but 10 years together. 10 years is more extreme when compared to the sentences recommended individually.
I hope my answer helps you.
