Answer:
The actual unemployment rate was higher during the recession of 1990−1991, while cyclical unemployment was higher in 2001.
Explanation:
Given data in the question
In the year 1990-1991
The natural rate of unemployment = 5.9%
The rate of the actual unemployment = 7.0%
In the year 2001
The natural rate of unemployment = 4.8%
The actual unemployment rate = 6.0%
As we can see that
The actual unemployment is high in the year 1990-1991 i.e 7.0% as compare to the year 2001 i.e 6.0%
While the cyclical unemployment rate is high in 2001 i.e 1.2% (6.0 - 4.8%) as compare to the year 1990-1191 i.e 1.1% (7.0% - 5.9%)
<span>A test of your ability to learn to be an automobile mechanic would be considered an a</span>ptitude test. :)
Answer:
FALSE
Explanation:
According to the BrandZ model, "Bonded" consumers at the lower levels of the pyramid build stronger relationships with and spend more on the brand than those at the top. This is a false statement. True statement is, according to the BrandZ model, "Bonded" consumers at the top level of the pyramid build stronger relationships with and spend more on the brand than those at the top. This bonding is created in the very last step which is the ultimate result of the
Presence
Relevance
Performance
&
Advantage step, therefore the order becomes this:
Presence
Relevance
Performance
Advantage
&
Bonding.
Answer:
Option C: Annual variations in investment are larger than annual variations in consumption
Explanation:
Investment
This is simply the act of buying or purchase of assets with the sole aim of increasing future income.
Investment risk
This is simply known as the likelihood of an investment will fail to pay the expected return or fail to pay a return at all.
Portfolio diversification
This act so as to limit the risk by spreading investment money among a wide range of investment tools.
Rate of return
This is simply known as the total return on an investment usually in percentage of the amount of money put into the investment.
Answer:
C) Make its demand curve more inelastic
Explanation:
A product is inelastic if the demand for it does not change a lot when price changes. For example, gasoline is a perfect example of a good with inelastic demand because customers buy gasoline even if the price rises.
A firm will always want to have inelastic products because this will assure revenue even if production costs have to be raised, and the sales price therefore increases.
Advertising can achieve that by increasing brand loyalty, product differentiation, or good perception about the product. Customers may feel that no matter how high the price is, the product is worth it.