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Valentin [98]
3 years ago
12

COMPARE and contrast the terms scarcity and shortage and provide examples of each.

Business
1 answer:
NikAS [45]3 years ago
6 0

Answer:

Scarcity and shortage are not the same things. Shortage conditions exist when the demand of a good at the market price is greater than supply. ... Scarcity is the concept that we have limited resources and cannot meet the unlimited demand - it has nothing to do with a market price.

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List the two things the government does that fall under fiscal policy. (A.p.e.x.)
sergij07 [2.7K]

Explanation:

These two policies are combined in numerous ways to influence a country's economic situation.

Fiscal policy, together with monetary policy handled by central banks, is the primary means through which governments influence a country's economy. The two primary elements of fiscal policy are income taxes and government expenditures.

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Why does a more participative management style ("tipping the pyramid over") lead to greater responsiveness to customers’ needs,
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amid [387]

Answer:

a) 29%

Explanation:

The formula to compute the unemployment rate is shown below:

Unemployment rate = (Number of Unemployed workers) ÷ (Total labor force) × 100

where,

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Examples of the bs of our society?
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When China reformed state-owned enterprises, it tried a new approach to choosing managers: it put managerial jobs up for auction
BartSMP [9]

Answer:

True

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