The third phase of the Keynesian LRAS Curve shows the economy at full employment. This means that the factors of production are being used at full capacity.
<h3>What do you mean by long-run aggregate supply?</h3>
Long-run aggregate supply can be defined as the output that an economy can produce while using all the factors of production and operating at full employment level.
The third phase of the Keynesian LRAS curve shows that the economy is at full employment which means that factors of production are being used at full capacity.
Therefore, B is the correct option.
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Pacific Salmon this should be the answer
Answer:
Characteristics of industrialization include economic growth, more efficient division of labor, and the use of technological innovation to solve problems as opposed to dependency on conditions outside human control.
Hope this helps!
Answer:
You could include Herbert's Simon's satisficing and Amos Tversky's elimination-by-aspect heuristic rules.
From Satisficing strategy, you must decide which are your goals, what do you want to achieve through social invitations.
By doing this, you are setting an aspiration level. Then, you choose the alternative that satisfies your aspiration.
On the other hand, you can use elimination-by-aspects heuristic strategy to reduce the number of alternatives that do not meet the aspiration level.
Answer:
no
Explanation:
verbal is by speaking and listening
