Answer:
the government, workers, and businesses of Country D
Explanation:
This reading describes a high inflation scenario where the general prices of goods and services is increasing more rapidly than household income. The problem with high inflation is that it reduces overall demand, which in turn lowers the entire GDP since consumption is by far the largest component of the GDP (in every single country, including D).
Once consumption starts to fall, a domino effect takes place and the businesses are negatively affected, and they are forced to lay off workers, and the government is also affected because their revenue decreases and their spending increases.
Answer:False
Explanation:
Employee stock ownership plan is a plan aimed at benefiting Employees of a company by giving them the power to own certain parts of the company thorough the purchase of stocks. Employee stock ownership has been promoted by many corporations in order to ensure that the workers are motivated and encouraged to to see themselves as part owners of the company.
EMPLOYEE STOCK OWNERSHIP PLAN DOES NOT PREVENT EMPLOYEE WHO OWN STOCKS FROM PARTICIPATING IN THE VOTING PROCESS DURING ELECTIONS TO CHANGE BOARD MEMBERS.
Answer:
If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services. ... However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.
Explanation:
Market research helps business understand the variables in a given market. Once the variables are understood the business can decide if and how it should enter the market. Examples could include the number and types of customers as well as competitors.
Answer:
None of the other answers is correct.
Explanation:
Williams A. Phillips was a notable economist born in New Zealand. Phillips wrote a famous article titled "The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861-1957" published in 1958 by Economica. In the article, he used data for the United Kingdom (U.K) to illustrate on a graph, a negative or inverse relationship between the rate of change of employee wages in the U.K and the unemployment rate in the United Kingdom (U.K).
Consequently, using the Phillips curve it is practically impossible for policymakers to reduce both the inflation rate and the unemployment rate because as the inflation rate decreases; the unemployment rate increases and vice-versa.
However, according to the Phillips curve, policymakers can reduce inflation and increase unemployment if aggregate demand is contracted.
