The Lucas critique points out that expectation has effects on how policy affects inflation and output which makes creating beneficial policy difficult.
At that time, the young adults that can be participated in the grand tour are only those who came from nobility background.
The tour follows the paths where a lot of famous artists' works were located. On top of rite of passage, the tour also aimed to teach the young adults to <em>understand proper techniques </em>in painting and cultures
Answer: <em>It focuses on overall firm performance, providing a more aggregated viewpoint.</em>
Explanation:
Financial accounting can be referred to as a specialized arm of accounting which keeps record of an organization's financial transactions. It tends to use standardized guidelines under which transactions are recorded, stated, summarized, and thus presented in a financial report or statement i.e. an income statement, balance sheet etc.
Based on the information given In the short run, these workers are VARIABLES inputs, and the ovens are FIXED inputs reason been that we were told that her decision as regards to how many workers to use often vary from week to week due to the fact that her workers are students which means that her workers can often be changed which was why it was regarded as VARIABLE INPUTS while ovens on the other hand are considered to be FIXED INPUTS reason been that we were told that she cannot change the number of ovens which she uses in her production of pizzas due to the fact that her kitchen cannot contain more than four ovens which means that the number of oven cannot be my changed which was why they are regarded as FIXED INPUTS.
