Answer:
B. each seeks to define the best leadership style for different kinds of situations
Explanation:
Contingency theories emphasizes on the idea that there's no one best way of leading, managing and/or organizing a business or firm. Pointing out that, a style of leadership or technique that may be successful for a person or a situation may not necessarily be successful for another person or situation. Thus, the contingency theories defines the best leadership style is determined by the kind of situation presented. Contingency theories tries to combine the specific situation faced by a leader and the leader personal characteristics.
Answer:
B, Customs union.
Explanation:
A customs union is defined as a trade bloc that has a free trade area, where countries with trade pacts have a common external tariff.
Customs union cannot be created without a trade pact and it is usually between two or more countries. This union means that countries with the trade pact between one another can bring in or take out their goods into those countries at a tariff that is lower compared to other countries that have no trade pact with the country or countries.
Cheers.
Answers A and E seem correct. B makes no sense. C makes no sense. and my renters insurance was very cheap vs property insurance.
Answer:
Given that the economy is operating in the horizontal section of the aggregate supply curve in the simple Keynesian model, an increase in spending will lead to __________no change in price level and an increase in real GDP__________ (assuming that the economy remains in the horizontal section of the aggregate supply curve).
Explanation:
When the aggregate supply curve shifts outward, the economy's output and real GDP increase at a given price in the short-run when aggregate supply is determined by price. But with the simple Keynesian model, price does not influence supply as there is an equilibrium in the aggregate expenditures and output in the economy.