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3 years ago

When an economy operates at its long-run potential output level,?

1 answer:

8 0

The economy is in equilibrium, and the natural and real or actual rates of unemployment will be equal.

In order for an economy to operate at its long-run potential output level, it must be equilibrium, and the economy is balanced in its production. Unemployment is one measure of an economy's equilibrium with the natural and actual rates as two benchmarks rates that must be calibrated towards equilibrium.

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If the demand for product x is inelastic, a 4 percent decrease in the price of x will.

NeTakaya

A 4 percent decrease in the price will lead to an increase in the quantity demanded by less than 4 percent.

<h3>What is demand?</h3>

Demand simply means the amount of goods and services that a buyer wants to buy at a particular price and time.

When the demand for product x is inelastic, a 4 percent decrease in the price of x will lead to an increase in the quantity demanded by less than 4 percent.

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2 years ago

Persons considered low income receive worse care than high-income persons for about 80% of core health care measures quizlet

kogti [31]

This statement is true. Members of racial and ethnic minorities are frequently given lower-quality care and are less likely to obtain preventative health services than white people. Additionally, they experience worse health outcomes for a few illnesses.

How are minorities affected by healthcare?

Minority Americans Experience Lower Insurance Coverage Rates and Limited Access to Healthcare all Americans who lack health insurance have reduced access to care and more unpleasant medical experiences. African Americans and Hispanics are particularly in danger of going without insurance.

How does socioeconomic status affect health care?

Access to healthcare is significantly impacted by low SES. Low-income individuals are more likely to be Medicaid beneficiaries or uninsured, have worse quality healthcare, seek medical attention less frequently, and are more likely to do so in an emergency.

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2 years ago

Puvo, Inc., manufactures a single product In which variable manufacturing overhead is assigned on the basis of standard direct l

pantera1 [17]

Answer:

I'm figuring this out for you!

Explanation:

8 0

3 years ago

1 Gopal is the CEO of Gopal Leisure (GL). GL has a tall

Alexandra [31]

A manager is known to be a person that does the work of supervising and motivating employees and they also aid or direct the progress of a firm.

<h3>What are the types of organizational structures?</h3>

An organizational structure is known to be a system that states out how the activities in a firm are directed so as to achieve the goals of the firm.

There are four types of organizational structures. They are;

Functional
Divisional
Flatarchy
Matrix structures.

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2 years ago

Which of the following is an example of a good with elastic supply in the short run?

garri49 [273]

Answer:

my be plastic wrep

Explanation:

because it seems to be elastic and its holds on very well

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3 years ago