BUSINESS HIGH SCHOOL

1) You only have $10 to spend for the week. You decide to spend $8 on a movie instead of buying an $8 pizza. a. What is the scarce resource? Why is this the scarce resource? b. What are the two potential choices you had? c. What is the opportunity cost of the choice you made?

Answers

Answer 1
Answer: A)Money is the scarce resource because you only have enough for buying one thing.
B) movie or pizza
C)?

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If the actual unemployment rate (U) is greater than the natural rate of unemployment (UN), a(n): Multiple Choice recessionary gap exists and actual real GDP (QE) is less than natural real GDP (QN). inflationary gap exists and actual real GDP (QE) is greater than natural real GDP (QN). inflationary gap exists and actual real GDP (QE) is less than natural real GDP (QN). recessionary gap exists and actual real GDP (QE) is greater than natural real GDP (QN).

Answers

Answer:

Option b (Inflationary gap.....(QN)) is the correct option.

Explanation:

  • Unemployment rates naturally are not dependent upon business price movements. Everything just necessarily leads to friction as well as structure.
  • Whenever natural rates are below official unemployment, therefore inflation seems to be on the way to the industry, this same manufacturing sector overheats or the actual growth rate is higher above inflationary pressures throughout economic growth.

There are three more alternatives that do not connect to the circumstance. Thus, the solution is right.

Final answer:

When the actual unemployment rate (U) is higher than the natural rate (UN), a recessionary gap exists, and the actual real GDP (QE) is less than the natural real GDP (QN). This indicates a potential economic slowdown, and measures may be taken to boost demand and close the gap.

Explanation:

When the actual unemployment rate (U) is greater than the natural rate of unemployment (UN), a recessionary gap exists. A recessionary gap is a concept in macroeconomics, referring to a situation where the actual output (real GDP, or QE) in an economy is less than the potential output (natural real GDP, or QN). Therefore, the correct answer to your question is 'a recessionary gap exists and actual real GDP (QE) is less than natural real GDP (QN)'.

This gap is called 'recessionary' because a higher level of unemployment and lower levels of output can be indicative of a slowing economy, or a recession. To close this gap, measures like fiscal or monetary policy stimulus could be used to increase aggregate demand and move the economy toward its potential level of output.

Learn more about the Recessionary Gap here:

brainly.com/question/33447432

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When meeting a candidate to become your lawyer for the first time, it is important to _____.

Answers

To ask questions to help you determine their competences

The questions could varies from their educational backgrounds to their experiences in handling similar clients like you. You could even ask them to solve a hypothetical case like " what would you do if the company have to deal with a lawsuit from a customer of our specific product ?"

Answer is C.

Your whelcome

Business fluctuations are systematic increases and decreases in real GDP.Please select the best answer from the choices provided

T
F
medal

Answers

The right answer for the question that is being asked and shown above is that: "TRUE." Business fluctuations are systematic increases and decreases in real GDP. This statement is true as far as the business fluctuations is concerned.

A Target retail store in Phoenix, Arizona stocks CDs with Spanish-speaking singers because its shoppers want to buy this type of item, even though the typical Target store does not stock this item. This is an example of:

Answers

Answer:

Managing diversity.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

The example in this scenario depicts managing diversity because the product isn't tailored to a particular language rather it's multilingual.

What's a possible opportunity cost when you spend $100 on a pair of sneakers?

Answers

opportunity cost : the cost of an alternative that must be forgone in order to pursue a certain action

in this case, let's say that you use that $100  to buy a X-brand of sneakers. meanwhile there's Z-Brand sneakers, another alternative brand with same quality but it only cost $95, but you do not know about it. Which mean, you just loss $5 worth of opportunity cost

Which technology traveled from Asia to Europe along the Silk Road? A. Agriculture B. Papermaking C. Iron-making D. Irrigation

Answers

i think the answer is D. irrigation tell me if im right please 
i think its a hope i helped
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