Return on assets = .138/(1+ .72414) = .08, or 8 percent.
Answer:
b. works better at correcting inflationary gaps than recessionary gaps.
Explanation:
The self correcting mechanism is a automatic process in which the aggregate market eliminates an inflationary gap created by a short-run equilibrium that is greater than full employment through increases in wages and other resource prices.
Arch duke of Fran's Ferdinand. Hope this helps
Answer:
It allowed pre-emptive identification of problems to minimize the impact on customers.