Nonbanks.......................................................
Answer:
A. The business cycle
Explanation:
A period of macroeconomic expansion followed by a period of macroeconomic contraction is known as a business cycle. Like the name suggests, a business cycle is a cycle of highs and lows in economic activities.
There are periods of expansion which is often characterized by economic growth, leading to creation of more jobs, robust middle class etc and contraction which is characterized by loss of jobs, shrinking middle class etc in a business cycle.
Other periods of a business cycle may include peak, trough etc.
Answer: O EQUILIBRIUM
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<span>Reduction in a nation's labor force would long-run aggregate supply curse to the left, representing a reduction in labor. This would tend to drive up labor costs over time. Presumably, the demand curve would remain static in the short-term.
However, such a reduction would also impact the nation's consumption and thereby reduce the demand for products. This would in turn drive a decreased demand for labor (leftward shift) and apply downward pressure to wages.
The answer to this depends on whether the questions is regarding short-term, medium-term or long-term labor supply/demand curve.</span>
Answer:
Studies show that OSHA employees fail to properly inspect and regulate many workplaces, primarily because they do not have __________.
sufficient resources.
Explanation:
OSHA means Occupational Safety and Health Act. The law was passed in 1970 to protect workers rights to safe working environments and to promote good health of workers. OSHA employees are expected to properly inspect and regulate all workplaces. But lack of resources (human, material, and financial) have hindered the attainment of the objectives of the law. The OSHA employees have also faced challenges from employers who would rather not comply with workplace safety regulations.