I’m not exactly sure but- expansion is the phase of the business cycle where real GDP grows for two or more consecutive quarters, moving from a trough to a peak. This is typically accompanied by a rise in employment, consumer confidence, and equity markets. Expansion is also referred to as an economic recovery. Knowing this, it cannot be A where unemployment is high or B where inflation is high because inflation is the rise in the general level of prices where a unit of currency effectively buys less than it did in prior periods, it shouldn’t be D because the profits wouldn’t be on a decline, so making a guess using elimination it’s most likely C businesses produce more and hire workers
<span>The difference between a linear and a nonlinear cost function is
</span><span>A
linear cost function is a cost function where, within the relevant
range, the graph of total cost versus the level of a single activity
related to that cost is a straight line.
An example of a liner cost
function is a cost function for use of a telephone line where the terms
are a fixed charge of $10,000 per year plus a $2 per minute charge for
phone use.
A nonlinear cost function is a cost function where, within
the relevant range, the graph of total cost versus the level of a single
activity related to that cost is not a straight line.
Example include
economies of scale in advertising where an agency can double the number
of advertisements for less than twice the costs, step-cost functions,
and learning-curve based costs.</span>
Answer:
B) In its rulings, the NLRB has allowed employee empowerment in certain very limited situations.
Explanation:
Employee empowerment refers to a company giving its employees a higher degree of autonomy and independence regarding their normal work related activities.
Personally I don't understand how employee empowerment can affect employees negatively but unions tend to oppose it unless they are directly involved in the empowerment process.
Answer:
B
Explanation:
Reserves J: Excess reserves J: Loans J: Deposits ;Money supply