Answer:
The correct answer is letter "E": preparation and incubation.
Explanation:
English professor Graham Wallas (1858-1932) proposed a model to explain the steps the human brain follows in the creative process. Those steps are <em>preparation, incubation, illumination, </em>and <em>verification</em>. In the preparation stage, individuals define a problem and its dimensions. In the next step, incubation, the problem is analyzed only internally for reflection.
Answer:
The correct option is C
Explanation:
Gross Domestic Product is the final value of the total amount of goods produced within a country's geographical boundary in a period of time. GDP can be calculated in 3ways using expenditure, production, or incomes.
Answer: Option (D) is correct.
Explanation:
From the information given in the question, it was observed that fiscal policy in year 2 is expansionary by comparing it with the fiscal policy in year 1.
The budget deficit in year 1 is $200 billion and in year 2 is $225 billion, so there is an increase in the budget deficit from year 1 to year 2. This means that there is an implementation of expansionary policy either by increasing government spending or decreasing taxes.
On the other hand, standardized deficit also increases from year 1 to year 2, which is also an indication of expansionary fiscal policy.
Answer:
The options include:
[A] cannot implement the plan
<em>[B] can implement the plan
</em>
[C] can implement the plan only if no commissions are charged
[D] can implement the plan only if no management fee is charged
<em>[B] can implement the plan is Correct</em>
Explanation:
Because the client or consumer has been fully disclosed and he agrees that the Adviser / Representative will obtain a management fee and commissions the Advisor / Representative will be allowed to progress with the project.
Answer:
B) the less an additional unit of capital adds to production
Explanation:
The diminishing return state that if everything else is held constant, each additional unit will increase production by a fewer amount than previous one. That's because the same amount of resource can only use efficiently a certain amount of capital then there is a loss in this good use and therefore, the output do not increase at the same rate as we add up capital.
A person can do a good use of several type of tool for building a house but I can only use one or two at the time
Adding more tools can increase productivity but in the end there is only one person working.
