According to Keynesian economist, folks who are not working: - ANS-are not capable of find a
job on the contemporary wage charge.
According to Keynesian theory, the extent of unemployment is determined by using: - ANS-the
extent of mixture call for for items and services
An economic recession refers
to: - ANS-a length, typically consecutive quarters, at some stage in which aggregate output
declines
Assume that the demand for a specific right or service increases. Which one of the following
might represent the maximum likely result? - ANS-each the equilibrium fee and the equilibrium
quantity increase.
Assume you're an writer and your e-book is priced at $9.Ninety five. The writer expects to
promote five,000 copies at this fee. Suppose the publisher makes a decision to offer the e-book
at $8.Ninety five, the writer can anticipate to promote: - ANS-greater than 5,000 copies
Assume you on the owner of a corporation manufacturing bicycles. Assume also that salary
inflation is better than price inflation. Would you be involved? - ANS-Yes, because the fee of
your input is growing quicker than the sales obtained from the output.
At a charge of $99.95, the producer of a famous natural supplement is inclined to provide
10,000 packed units of the supplement. At a price of $149.95, it's miles probably that he
manufacturer would be willing to supply: - ANS-more than 10,000 packed devices
Consider the following state of affairs: the Phillips curve is vertical ultimately. An increase inside
the cash deliver from 12 months to 12 months will likely _________ the unemployment charge
and could likely _________ the inflation fee. - ANS-now not trade; increase
Consider the following situation. A company desires to enhance its productiveness by means of
eight%. Careful analysis and negotiations monitor that the productivity enhancement should
certainly be found out if the company was inclined to decorate wages and advantages that
might growth hard work fees to growth by 5%. The company makes a decision to move
beforehand. Which on of the following situations might most possibly emerge from the decision?
- ANS-The deliver should be expected to growth.