Answer:
A.) supply-side
Explanation:
Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
A supply-side economist can be defined as economists who believes that the ability and willingness of the producers of goods and services to manufacture or produce sets the pace for the economic growth of a country.
This ultimately implies that, increasing the supply of goods and services would cause an economic growth for a country.
Hence, a supply-side fiscal policy is typically designed to create an outward shift in the production possibilities curve (PPC) and shift the aggregate supply (AS) curve to the left.
Generally, a supply-side fiscal policy takes a longer period of time to affect the economy of a country.
Answer:
C. Job specialization
Explanation:
Employees boredom is one of the disadvantages of job specialization
Job specialization: This can be defined as a situation where an employee focuses on a particular skills or job position in order to become an expert.
Job specialization is as a result of division of labor. Division of labor is the sharing of roles or functions among employees in a firm so as to Improve productivity.
When a particular role is assigned to an employee for a long period of time, the employee becomes an expert as a result of that.
Advantages of job specialization
• Workers produce more when they occupy a specific role.
• Job specialization leads to time saving in production because employees have become masters in their role
• More expertise is developed through job specialization
Disadvantages of job specialization
• Continuous performance of a particular role might lead to boredom of the employee
• There is fear of job security for the workers. They often wonder what will happen if a firm finds a replacement for them.
Answer:
Limited communication media can force employees to deliver messages using ineffective methods. Inappropriate upward communication tools can create confusion
Explanation:
Answer:
C
Explanation:
C. online retailing and in-store retailing experience similar rates of product return.
