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mr_godi [17]
3 years ago
5

If aggregate demand and aggregate supply intersect on the vertical potential GDP curve; this indicates that: a. The economy has

an inflationary gap. b. The economy has a recessionary gap. c. The economy is at full employment
Business
1 answer:
kari74 [83]3 years ago
3 0

Answer:

The correct answer is C. If aggregate demand and aggregate supply intersect on the vertical potential GDP curve; this indicates that the economy is at full employment.

Explanation:

Full employment indicates the condition in which all those who want a job have access to all the hours of work they need with "fair wages". As people change jobs, full employment means a stable unemployment rate around 1.2% of the total workforce, but does not allow for underemployment where part-time workers cannot find the hours they need to live with dignity.

In macroeconomics, full employment is sometimes defined as the level of employment at which there is no cyclical unemployment or low demand unemployment.

Full employment raises the levels of both supply, since there is full occupation of the providers of goods and services; and demand, since society in general has more money to spend on goods and services.

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2. Describe three things that you think are important for a company to include in its personnel policies. (1-3 sentences. 1.5 po
gogolik [260]

<u>Explanation:</u>

1.One of the important personnel policies are work schedule that includes the mandatory full time working hours in office, break timings, paid holidays etc. Policies have to be framed for sick leaves and family illness.

2.Performance assessment policies which should state the minimum performance requirements from the employees. This would be helpful to fire employees with very poor performances. This also helps in giving promotion and increment to employees.

3.Standard on-boarding policies have to be adopted by the employees to make sure the documentation of new hires are done correctly. The background verification and other personal details of the recruits should be done correctly.

4 0
2 years ago
16. The process of selling goods and services to a customer to earn a profit is called;
dedylja [7]

Answer:

The process of selling goods and services to a customer to earn a profit is called the marketing concept.

7 0
2 years ago
What is the difference between federal purchases and federal​ expenditures?
Pani-rosa [81]
What is the difference between federal purchases and federal​ expenditures? F<span>ederal purchases require that the government receives a good or service in​ return, whereas federal expenditures exclude transfer payments. In this case, another way to remember the two are that federal purchase requires a purchase to be made for a good or service. A federal expenditure requires no purchase to be made but a transfer of payments to happen. </span>
5 0
3 years ago
You are ready to buy a house, and you have $20,000 for a down payment and closing costs. Closing costs are estimated to be 4% of
Bess [88]

Answer:

So we can offer for the house $180119.95

Explanation:

Monthly income =$4000

Monthly mortgage payment allowed (P)= 25% of 4000= $1000

Interest rate per month (i)= 0.5%

Number of months in total (n)= 30*12= 360

Maximum loan affordable = P*(1-(1/(1+i)^n))/i

=1000*(1-(1/(1+0.5%)^360))/0.5%

=$166791.61

Closing cost is 4% of loan value = 166791.61*4% =$6671.66

Balance Amount left for down payment = 20000-6671.66

=$13328.34

It means we can pay $6671.66 for closing cost of Loan and $13328.34 for down payment.

Cost of house paid maximum = Down payment + Affordable loan

=13328.34+166791.61

=$180119.95

So we can offer for the house $180119.95

7 0
3 years ago
Outlines give you a chance to organize your thinking before determining word choice and sentence structure.
Tresset [83]

Answer:

a. Make each sub-point exclusive

f. Divide the main topic into major components

Explanation:

Outline is a type of table of content that helps a reader to understand the scenario of the overall article or piece. Making an effective outline is a challenging task. However, the following things certainly can make an effective outline.

Putting the main idea in the title is one of them. Under the title, break the topic or title into major components (Option F). Using sub-points make the piece more relevant (Option A). Besides, moving sub-points to larger group or components make the article beautiful (Opposite of Option B). Do not separate the main topic from the title make an outline unclear (Opposite of Option D).

8 0
3 years ago
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