4.
Potential GDP is the maximum output when there is full employment of resources or the factors of production.
Answer: Human capital
Explanation: In simple words, human capital refers to the economic value that arises due to the knowledge, skills and experience of the labor in an economy.
In the given case, European union is aiming to provide better education and vocational knowledge to the young labor of the economy so they contribute to the continuously lowering GDP.
Hence from the above we can conclude that the correct option is A.
For real estate income property, mortgage loans are often made on a non-recourse basis. This means that the risk of default must be included in the mortgage interest rate.
<h3>What is a mortgage loan?</h3>
A mortgage is a form of loan used to purchase or maintain a home, land, or another type of real estate. The borrower agrees to repay the lender over time, often through a series of monthly payments divided into principal and interest. The property is subsequently put up as collateral for the loan.
Borrowers must apply for a mortgage through their preferred lender and meet specific criteria, such as credit score requirements and down payments. Mortgage applications are rigorously scrutinized before they reach the closing stage. Mortgage types vary according to the borrower's needs, such as conventional and fixed-rate loans.
To learn more about a mortgage loan, click
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Answer:
B. each seeks to define the best leadership style for different kinds of situations
Explanation:
Contingency theories emphasizes on the idea that there's no one best way of leading, managing and/or organizing a business or firm. Pointing out that, a style of leadership or technique that may be successful for a person or a situation may not necessarily be successful for another person or situation. Thus, the contingency theories defines the best leadership style is determined by the kind of situation presented. Contingency theories tries to combine the specific situation faced by a leader and the leader personal characteristics.