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mr_godi [17]
4 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]4 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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The correct designing principles that will be implemented to create the brochure will be Contrast and Repetition.

In the question, it is stated that a brochure has to be made for the business. The brochure will be designed such that the text will be in black color, the section headings will be blue, etc. In order to create such a brochure, the Designing principles will include Contrast and Repetition.

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7 0
1 year ago
What is oligopoly?
Nutka1998 [239]

Answer: The answer is a market structure in which a very few large sellers dominate the market.

Explanation:

Oligopoly : This is a market structure in which there are few producers of product with close substitute.There are two forms of oligopoly which includes, oligopoly who produce homogenous goods and differentiated goods respectively. Since,the number of competitors in oligopoly is small the reactions of each producers are more important. They tend to look at the actions of other producers before taken a vital decision.

Oligopoly is a types of imperfect market structure which has the following features

When products are homogeneous there is no special preference, but when the products is branded the consumers have a choice.

A single price reigns where goods are the same .The reverse is the case where goods are heterogeneous goods.

Price cut are for the same product,while price cut can also occur through advertising war fought by competitors in the market.7

4 0
3 years ago
A restaurant is considering adding fresh brook trout to its menu. Customers would have the choice of catching their own trout fr
valentinak56 [21]

Answer:

$19.95

Explanation:

Breakeven is where when total Cost = Total Revenue,

Let Selling Price = X

Total Revenue = Total cost

X*800 = 10,600+6.70*800

800x = 15960

Hence, selling Price(X) = 15960/800 = $ 19.95

4 0
3 years ago
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I believe this is true. 

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3 years ago
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His horse's name is friday, so therefore he can enter and leave town on the same horse. :P
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3 years ago
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