Answer:
The correct answer is ii. The unemployment rate will rise in the short run but return to the natural rate of unemployment in the long run, and real GDP will drop below potential GDP in the short run but return to potential GDP in the long run.
Explanation:
The economic recession occurs when there is a decrease in economic activity within a specific country. If shock actions are not taken, the most likely thing that happens is that companies stop hiring staff because they will require much less labor. This situation is explained in Okun's law, which mathematically demonstrates the relationship between the unemployment rate and economic growth.
Answer:
Maintenance costs
Explanation:
As a result of improving products quality maintenance cost tend to rise. This scenario arises because the materials of knowledge necessary to improve the quality of the products tend to come with higher prices that companies pushes to enquire to keep customers satisfaction at its maximum level possible.
Answer:
Total cost in pesos= $3,400,000
Explanation:
Giving the following information:
One dollar= $17 pesos
Total cost of the house= $200,000 dollars
<u>To calculate the total cost in Mexican pesos, we need to multiply the exchange rate by the total cost in dollars.</u>
Total cost in pesos= 200,000*17
Total cost in pesos= $3,400,000
Answer: Problem Solving Team
Explanation: Problem solving is the process of identifying a problem, evaluating the problem and determining alternatives ti its solution.
problem solving has 5 steps ate they are:
1. identify the problem
2. Analyse the problem and seek for solution
3. evaluate and pick a solution
4. Implement solution
5. follow up
According to the question above, the group of employees formed to take quick action on the problem of Granitia Inc is called the problem solving group
The answer to this question is F
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