Answer:
Note: <em>The organized question is attached as picture</em>
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1. Actual GDP is below potential GDP
Level of unemployment: Unemployment is above the natural rate
2. Actual GDP is equal to potential GDP
Level of unemployment: Unemployment equals the natural rate
3. Actual GDP is above potential GDP
Level of unemployment: Unemployment is below the natural rate
Yes, the annual fuel cost is different between the Guzzler and Non-Guzzler vehicles.
<h3>What is Guzzler vehicles?</h3>
- In colloquial usage, a car that is thought to use a lot of fuel is referred to as a gas guzzler.
- The IRS was in charge of collecting the gas guzzler tax, which only applied to cars (not trucks).
- Other nations have imitated this move and implemented their own gas-guzzler taxes, such as Canada's "green levy."
- As a part of the Energy Tax Act, the US government implemented the Gas Guzzler Tax.
- When the Corporate Average Fuel Economy (CAFE) regulations were created, the fee was also implemented to charge the purchase of inefficient automobiles.
- Light trucks are not subject to the Gas Guzzler Tax; only vehicles designated as cars are.
- The tax has been in place since 1991 and is applicable to vehicles having a combined fuel economy rating of less than 17.5 mpg US (13.4 L/100 km; 21.0 mpg imp).
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Answer:
Reducing risk
Explanation:
The two ways by which risk can be managed are;
✓ Risk avoidance
✓ risk reduction
risk reduction are activities needed to bring about lower likelihood of risk as well as severity of loss. We can reduce risk through reduction of allocation of our resources to risky situation. An example of reducing risk is in the instance of Financial markets that are making the process of borrowing large amounts of money easier because they simplify the negotiation process between borrowers and lenders.
The negotiation process involves several steps such as preparing for negotiation; knowing your walk-away point; and working towards a common goal. The statement is True.
<h3>What is negotiation?</h3>
Negotiation is a process used to resolve issues that exist between two parties by agreeing on a common point with mutual consent and making compromises between the parties.
The process of negotiation involves preparing for negotiation by understanding the factors leading to an argument. It involves listening to both parties to make a mutual understanding and to achive a common goal.
Therefore, the statement is True.
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"Your question is incomplete, probably the complete question/missing part is:"
(T or F)
The negotiation process involves several steps such as: preparing for negotiation; knowing your walk-away point; and working towards a common goal.
Domestic marketing refers to carrying out marketing activities within the national boundaries. International marketing refers to carrying out marketing activities outside the national boundaries also. It refers to doing marketing in local market and it's scope is limited.
<h3>How important is international marketing?</h3>
The role of international marketing ensures that the marketing mix for a company's product or service matches (changing) international customer needs as well as seeking opportunities to use a company's competitive advantages to market other products in new and existing markets.
Domestic marketing is the supply and demand of goods and services within a single country. In domestic trading, a firm faces only one set of competitive, economic, and market issues and essentially must deal with only one set of customers, although the company may have several segments in a market.
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