Answer: Optimization of resource allocation
Explanation: Macroeconomics, in simple words, refers to the study of economy as whole. It focuses on factors, the impact of which is high on economy such as interest rates and national productivity.
One of many concerns that macroeconomics deals with is optimization of resource allocation, which means using resources in that sector which gives the best results and maximum profit to the economy.
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Economists argue that rent control is a highly efficient way to help the poor raise their standard of living. The statement is False.
<h3>What is Economists?</h3>
An economist refers an individual who possesses deep knowledge about the connection between the production that takes place with the help of resources and the output received to determine the growth.
Rent control is a highly efficient way to help the poor raise their standard of living is False. The quantity of legal rise would be limited by rent control, and most landlords support these rules.
Therefore, the statement is False.
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economists argue that rent control is a highly efficient way to help the poor raise their standard of living. True/False.
Controlling is the the management process of evaluating the results of business operations against the plan and making adjustments to keep the company pressing toward its goals.
<h3>What does control mean in business?</h3>
This is the term that is used to refer to all of the activities that would make the company achieve its goals.
It helps to ensure that the business stays on the path of growth and achievement.
The process of control has to do with the following
- Setting of goals
- Measuring performance
- Comparing performance
- Taking corrective actions
- Setting future standards
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