According to classical economists, the economy always operates close to or on its institutional PPF.
Explanation:
<u>The structural unemployment rate is 2.3 percent, the frictional unemployment rate is 2.4 percent, and the current unemployment rate is 3.1 percent. The economy i</u><u>s in an inflationary gap producing more than Natural Real GDP</u>
Answer:
status inconsistency
Explanation:
Status inconsistency refers to the situation of an individual in which his or her status characteristics show both positive and negative influence. Status inconsistency arises because of many factors which include gender, race, ethnicity, etc. For example, a theater artist gained a high status for his performance but pitied for his little income, which decreases his status. In the above mention question, Phil's position faces a positive status for income but low status for his occupation.
The population density is 56 because
Women are better decoding facial expressions except when the other person belongs to a different culture. This is because we perceive facial expressions through our own mental representations. These mental representations are shaped by our culture and help us when we are interpreting facial expressions.