Answer:
the correct option is c) change in the money wage and other resource prices does not shift the long run aggregate supply
Explanation:
First of all aggregate supply can be defined as the sum total of all the goods and services that are supplied in the economy during a defined period of time.
In the given question the option C is right because it is assumed that in the case of long run aggregate supply , the supply curve tends to remain static because any kind of change in the aggregate demand causes only temporary changes in the total output of the economy and the slope of the curve remains vertical. It is also assumed that the economy is being used at optimal as only factors like labor, capital, and technology can bring in aggregate supply.
Options a) and b) can't be true because if the supply curve is gonna shift , it is first going to shift in short run aggregate supply then long run aggregate supply , not the other way around.
As seen in the chart B has the comparative advantage in coal because 1/3 > 1/5 It means they are better at producing coal than the U.S.Have in mind examples like:
U.S.
1 barrel of oil = 4 hrs
1 ton of coal = 5 hrs
B
1 barrel of oil = 7 hrs
1 ton of coal = 3 hrs
After seeing this we can say that the country which has more availability has a comparative advantage over other countries.
Hope this helps
Financially responsible means to be prepared for something unexpectedly like u didn’t know was coming up or was gonna happen and it mean you need be able to support yourself with any source of income.
Answer:
Facilitating functions
Explanation:
Facilitating functions are those in a business activity that helps make the exchange and physical processes run smoothly.
They do not involve direct exchange of title of products or physical handing of goods.
For example the activities of marketers of a product results in easy sale of the product by the manufacturer.
Also activities like financing, market research, and risk taking are all facilitating activities that make a business run smoother
Answer:
B. callable
Explanation:
Preferred shares and bonds can be callable. This means that the issuing company has a right to buy back the bond before it maturity or the preferred share at a predetermined price.Usually, it is a requirement that the the issuer offers a higher price than the par value of the stock or bond. The holders receive dividends or coupons regularly. Municipal bonds are commonly known to have callable features.
