Answer: remain at the same level despite changes in production
Explanation:
Answer: Increases the price level by 5 percent
Explanation:
Monetary Neutrality is a theory in Economics that posits that when there is a change in money supply in an economy, the only variables affected are the nominal ones like price level and wages and Real variables like GDP and employment are not affected.
It holds that when there is an increase in money supply, there is an equivalent increase in Price level as well because the value of money has fallen by the rate of the monetary increase. The Price level rising at the same rate is to compensate.
A 5 percent increase in the money supply will therefore increase the price level by 5 percent.
Answer:
In some instances ,BPM will lead to a paradigm shift that transforms the nature of the business itself.it is false.
Explanation: BPM means business process management. Paradigm shift means a drastic change.A massive change in standards ,thinking patterns and values.
BPM brings changes in business .It is an approach to execute and control various processes to achieve the results according to the goals of the organisation.BPM do bring changes in business but it does not lead to a paradigm shift that transforms the nature of business.
Answer: b. The company did not define its business in terms of the benefits customers seek.
Explanation:
In order for a business to make money, it needs to provide its customers with what they want not what the company wants the customers to want.
In this scenario, people switched to shampoos that could be used by people of all ages instead of just small children because this is what they wanted but not what the company provided. If the company had defined its business in terms of what their customers wanted, they would have made an all age shampoo which would have been bought.
Answer:
Option C
Explanation:
C. There is a high degree of social consensus
