Answer: Stabilisation policies can be implemented with the aid of either monetary or fiscal policy.
Explanation:
Monetary policy involves changing the interest rate and influencing the money supply while Fiscal policy involves the government changing tax rates and levels of government spending to influence aggregate demand in the economy.
Answer:
Senior management, middle management and operational management.
Explanation:
Hierachy can be described as a method of structuring an organisation into various level from the top to the bottom, with each level having their defined role and authority in the organisation.
Senior management is the highest level in an organisation, they are responsible for supervising and controlling the daily activities that goes on in the company. They are known as the top decision makers.
Middle management is below the senior management, they are not responsible for decision making but are assigned to control the activities of the workers, they also help to inspire and motivate the workers inorder to increase productivity.
Operational management is directly responsible for the production of goods and services, they control the available materials which is needed to manufacture goods.
Answer:
B) Commodity
Explanation:
A recession is an economic term or period when an economy a decline in economic activities. Is a period where there is low demand for economic goods and services, pile of semi-finished and finished goods, which leads to industries laying off workers ( increased unemployment) and the use deep here emphasize the seriousness, strength, degree of the recession or economic downturn. As a result, people become more likely to accept commodity money in exchange for goods and services, because the fiat money in circulation can no longer stimulate demand, fiat money deficit and the alternative will be for people to exchange the good they have for the one they don't have and that is barter system
Answer:
the number and size of sellers, entry and exit barriers, nature of product, price, selling costs.
