Answer:
the gap between the poorest and richest segments of society in some OECD countries had widened.
Explanation:
A study published in 2011 by the Organisation for Economic Co-operation and Development (OECD) noted that the gap between the poorest and richest segments of society in some Organisation for Economic Co-operation and Development (OECD) countries had widened.
Answer:
A) Because services depend on people for their delivery.
Explanation:
Given that the same or similar type of services are or can be carried out by various personnel, and the level of quality of the rendered services is dependent on the skills and professionalism of the person who rendered such services.
Hence, Unlike tangible goods, virtually all services are susceptible to inconsistency and variations in quality, because services depend on people for their delivery.
Therefore, the right answer is Option A. the
Answer: more, growth
Explanation:
If all firms expect greater demand for their products or services, they will hire more resources like labor and capital and the economy will experience growth.
For an economy to grow, human capital, labor force, and technology can not be exempted. The quality of the materials used also plays a vital role as well. Once all these are in place, then the economy while start experiencing turn around.
Answer: Option C
Explanation: In a monopolistic competition market structure, there are many producers selling their products and each product is not a perfect substitute of the other.
The number of producers are large but each operate at a relatively smaller level. The products offered in the market are similar but not identical.
Hence, from the above explanation we can conclude that option C is correct.
Answer:
LESSER THAN
Explanation:
During the Great Depression, it was a period of recession that meant that investments were low and less than savings which meant that 'household' was unwilling to invest its money as it had lost confidence in the American economy. This will lead to Aggregate Demand being Lesser than Aggregate Supply as consumption fell drastically during the great depression
