This means that money is never circulated
Answer:
so correct option is C. 6.5
Explanation:
given data
natural rate of unemployment = 4%
economy producing = 95%
solution
we know here as Okun's law for the every 1 percentage increase in unemployment rate
GDP of country = 2% lower than potential GDP
but here is country GDP = 5% lower than potential GDP
so there is increase in the unemployment rate = 5% ÷ 2 = 2.5%
and unemployment rate is given = 4%
so effective unemployment rate will be
effective unemployment rate = 4% + 2.5%
effective unemployment rate = 6.5%
so correct option is C. 6.5
<span>None of the above, since there is no list to decide on.
</span>
Answer:
Statistical quality control
Explanation:
Statistical quality control is the process managers use to continually monitor all phases of the production process to ensure that quality is being built into the product from the beginning and that quality is not being inspected into the product at the end of the production process.
