GDP is the total market value of all final goods and services produced within a country in a given period of time.
Answer:
Emergency
Explanation:
Always have extra money for problems that arise.
<span>I'd call the non-emergency police number and ask them to drive by and see what was up when they had a free minute</span>
Answer:
C) Output fall and prices rise
Explanation:
In an aggregate supply, aggregate demand model, price level is the Y axis, and output is the X axis. Supply is positively related with price: the higher the price, the more firms produce.
However, to produce someting, firms need to employ the factors of production: land, labor and capital. The wages firms pay to workers, and the rent firms pay for land and capital are the production costs. If these costs rise, then, the products will become more expensive.
This increase in price will be met with lower demand; less customers will be willing to purchase the product, and therefore, the firms will start producing less until reaching a new equilibrium.
Answer:
Correct option is (b)
Explanation:
In business communication, when replying to a claim made by the customer, the sender should begin with the good news that customer's request is complied with. This should be done to gain the customer's confidence.
The customer might be looking forward to this in the reply and he will be happy to read that, thereby retaining the customer.
