Answer:
At which point on the business cycle would you most likely find cyclical unemployment?
Explanation:
Cyclical unemployment is the impact of economic recession or expansion on the total unemployment rate. Cyclical unemployment generally rises during recessions and falls during economic expansions and is a major focus of economic policy.
Answer:
Unilateral descent impact an individuals behavior is so bad ,,
<span>In the 1920's the agricultural products were at their boom. Mechanization was introduced to improve farm technology. But lack of demand brought surplus products in the hands of farmers, prices fell. Farmers became loan defaulters resulting in poor performance in rural banks. But business boomed. There were more production and purchase of machines and electrical appliances through credit system and installment purchase which resulted in bankruptcy.</span>
Society's standard of living will likely increase if True
<h3>What is Comparative advantage?</h3>
Is TRUE that If a society's production possibilities frontier shifts to the right, the society's standard of living will likely increase?
Export goods in which it has a comparative advantage.
Comparative advantage is when someone produces something more cheaply than other competitors in the same market as the firm; however, comparative advantage is not the same as being the best at something.
In this case, a society's standard of living will probably rise if the frontier of its production possibilities shifts to the right.
Products in which it has a competitive advantage are exported.
In an economic model, agents have a comparative advantage over others in producing a particular good if they can produce that good at a lower relative opportunity cost or autarky price, i.e. at a lower relative marginal cost prior to a trade.
To learn more about comparative advantage, refer
to brainly.com/question/26997143
#SPJ4
<span>The Minnesota Multi-phase Personality Inventory or more commonly known as (MMPI) is,
A test consisting of hundreds of true-false questions, used as a diagnostic tool by psychologists to find out one's central behavior or personality (hence the reason of why the word "personality" is in the phrase)
I hope this was useful to you, have a nice day! :) </span>
