Answer:
The correct answer is D. One, what goods and services will be produced? Two, how will the goods and services be produced? Three, who will receive the goods and services produced?
Explanation:
There are two questions in particular that summarize the reason for the economy:
• How do elections determine what, how and for whom goods and services are produced?
• At what point are choices made in pursuit of personal interest promoting social interest?
What, how and for whom?
Goods and services are the objects that people value and produce to meet their needs.
What? It determines the goods and services that are produced as well as the amount that is produced from each good and service.
How? Goods and services are produced using what economists call production factors.
The factors of production are the resources that companies use to produce goods and services. These factors fall into four categories:
• Earth
• Job
• Capital
Answer:
10%; 16%
Explanation:
Given that,
Real GDP in the first quarter of 2016 = $10 billion
Real GDP in the first quarter of 2017 = $11 billion
Increased from the fourth quarter of 2016 to the first quarter of 2017 = 4%
Growth rate from the first quarter of 2016 to first quarter of 2017:
= 
= 
= 10%
Real GDP growth rate is as follows:
= 4% × 4
= 16%
Answer:
See explanation below for answer.
Explanation:
The manager should embark on an investigation, in order to get to the bottom of the matter. The accusation must be treated seriously in order to make sure that the root cause of the problem is established, this will be done with the details of the harassment that the employee provides.
Also, the witnesses that the employee has mentioned must be questioned in order to establish the facts of the issue. The matter must be treated with the utmost urgency, in order to stop the issue from repeating itself, because this will affect the productivity of the affected employees if left unchecked.
The answer is The income effect.
Income effect is described as the change in demand of a service or good brought on by change in the income of a consumer.It is observed in two cases first is when income of person increases and second is when price of goods or service decreases.
The scenario given in the question is an example of second case as the price of burger was less than normal Steve perceived his income to be able to buy more product in same price
