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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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You are planning a graduation trip to Mexico. Other things the same, if the dollar appreciates relative to the peso, then
galben [10]

Hello there!

Answer:

Your answer is C). the dollar buys more pesos. Your hotel room in Mexico will require fewer dollars

Explanation:

The reason why answer choice "C" would be the correct answer is because American currency, USD, would get you a lot of pesos.

Lets give you the exact amount of exchange rate:

1 USD (U.S DOLLAR) = 18.98 PESO

You can see how much 1 U.S dollar could get you in the Mexican currency.

What this means is that the U.S dollar buys more pesos, in which is correct in answer choice "C" Since you could buy more pesos with the U.S dollar, you would only need to use fewer dollars because the exchange rate is so high. The U.S dollar would get you more money in Mexico. This is the reason why answer choice "C" would be correct.

7 0
3 years ago
An office management firm has developed a system for efficiently organizing small medical and dental practices both through prop
kolbaska11 [484]

Answer:

achieve economies of scope

Explanation:

Economies of scope  -

It is the concept in economics , which is the reduction in the total cost of the production , when some products are produced collectively rather than individually , is known as economies of scope .

Same case is given in the question , where the management have organised medical and dental practices via some unique training program for the staff .

4 0
3 years ago
If you were charged $1152 in taxes on a $2560 purchase. What percent tax were you charged
katen-ka-za [31]

Answer:

Percent tax = 45%

Explanation:

Given:

Amount of tax charged = $1,152

Amount of purchase = $2,560

Find:

Percent tax

Computation:

Percent tax = [Amount of tax charged / Amount of purchase]100

Percent tax = [1152 / 2560]100

Percent tax = 45%

6 0
3 years ago
Enterprise risk management is a valuable approach that can better align security functions with the business mission while offer
Kamila [148]

It is true that Enterprise risk management is a valuable approach that can better align security functions with the business mission while offering opportunities to lower costs.

<h3>What is Risk Management?</h3>

In order to limit, monitor, and control the likelihood or impact of unfortunate events or to maximize the realization of possibilities, risk management entails the identification, appraisal, and prioritization of risks (defined by ISO 31000 as the influence of uncertainty on objectives).

Instability in global markets, threats from project failures (at any stage of design, development, production, or maintenance of life cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events with uncertain or unpredictable root causes are just a few examples of the many different types of risks that can arise.

To know more about Risk Management, visit: brainly.com/question/4680937

#SPJ4

4 0
1 year ago
Discuss the notion of alienation as elaborated by Marx​
12345 [234]

Answer:

The alienation that Marx refers to comes into being through the relations of production found in capitalist society. ... The commodities that workers produce through their labor is not their own but ultimately belongs to another and is produced for another. Here alienation is manifested in the product that work produces.

6 0
2 years ago
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