Answer:
total expenditures equal total production.
Explanation:
In the case when the economy is in the short-run equilibrium that means the total expenditures should be equivalent to the total production. In other words, we can say that the expenditure that can be incurred should be equal to the production
Hence, the last option is correct
Answer:
I don't know this assignment but ask your teacher or get tutor.
Answer:
D
Explanation:
Food. Because you can get a Burger for a dollar..
It might be a good idea to expand or upgrade a firm's human capital base during a downturn, because unemployment is high and therefore human capital is abundant and wages usually fall.
Social scientists refer to personal qualities seen to be helpful in the manufacturing process as "human capital." It includes the education, health, and knowledge of the workforce.
The information, skills, and health that people invest in and amass throughout the course of their life give them the opportunity to realize their potential as contributing members of society.
Learn more about human capital here
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Answer:
It is very simple, if your house burns down, the evidence is there. All you need to do it look at a house that burnt down either completely or partially, but its easy to verify.
On the other hand, if you report that a necklace was stolen, it is really difficult to verify. Unless it is a unique jewel that is worth a ton of money, you could have simply given it away as a gift and then report it as stolen. The opportunities for insurance fraud are many when dealing with jewelry or other valuable objects that can be moved around easily.
The second question about different grants of authority refer to the organizational structure of a company. E.g. a salesperson in Best Buy is able to sell any item or items to regular customers. But sometimes a large order comes and the company must decide whether to discount the price or not, and then management kicks in and decides. The same happens to insurance agents. A company decides that some agents deal with policies that involve X amount of risk. If the level of risk is higher, they must work with other agents that are authorized to deal with high risk policies. It is basically a clearance level where employees are authorized up to this amount, and above that amount, other employees must be involved.
