Answer:
The answer is True
Explanation:
Yes, It is not true that the sense of urgency with respect to entrepreneurship tends to increase in European countries and other places where unemployment benefits and other social services are well established and pay high rates.
This is because:
- Unemployment benefit is paid to people who have recently lost their job via no fault of their own.
- An established benefits and other social services puts stringent checks in place to screen beneficiaries.
Since it is seemingly difficult to access these benefits, the best option for sustained economic power is entrepreneurship.
Answer:
A ranger is a person who takes care of a park or piece of land.
Explanation:
Is there a story or reading that you would like to request support with that concerns the word Ranger?
Answer:
A) Information asymmetry.
Explanation:
An information asymmetry can be defined as a situation where there is an imbalance of information between two parties in their knowledge of important points, factors and details. Thus, because one party has more information or knowledge than the other, this usually results in an inefficient outcome and or failure.
The theory of information asymmetry was developed and introduced by three (3) notable Nobel prize winning economists, namely; Michael Spence, George Akerlof and Joseph Stiglitz.
In this scenario, Matthew a divisional manager at Venus Inc. reports to the CEO of the company. Matthew has more employees working for him than required and he has not told the CEO about this, even though there are other departments that are in need of more employees.
<em>Hence, the concept illustrated here is an information asymmetry.</em>
D is the answer to your question
When supply goes down, the equilibrium price goes up. This is because if there is a smaller supply the good becomes more valuable to people who want the good.
