Recovery - Phases of business cycle
Explain about the term Recovery in phases of business cycle.
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Recovery:
Depression phase does not carry on indefinitely. Depression includes in itself the gems of recovery. The regulation workers now come forward to work at low wages. Since the prices are at its lowest the consumers, who postponed their consumption expecting a still further fall in price, here starts consuming. The banks, along with accumulated cash reserves, currently come forward to provide loans at easier terms and lower rates. Since demand increases the stock of goods become inadequate. Now the economic activity starts picking up and the investment pickup. Service and output slowly and steadily begins to grow. Raised income raises demand, resulting in rise in prices, employment, profits investment and incomes. The wave of recovery when initiated soon begins to feed on itself. Stock markets become live therefore hastening the revival. Optimism expands among the entrepreneurs. Demands and bank loan for credit starts rising.
If job applicants are asked for letters of recommendation and copies of their college transcripts, in that case a firm is practicing: (1) wage discrimination. (2) employment screening. (3) job signaling. (4) a structural employment system (5) credentialism.
Hello, Would you please find a small case study in managerial economics. please I don't want the typical solution because the prof have it. thanks
Higher rates of unemployment in between nurses, clerical workers and teachers are a likely consequence when a government policy is adopted based on the doctrine of: (1) comparable worth. (2) equal marginal productivity per dollar. (3) equal pay for eq
Illustrates the factors affecting Demand Forecasting?
Provide a brief introduction of the term Marginal Costing? And also write down the essential suppositions made by Marginal Costing?
Demand for labor of this purely competitive firm in given figure corresponds to: (1) line segment ab. (2) line segment bd. (3) line segment be (4) line segment df. (5) line segment dg. Q : Value of the Marginal Product The value The value of marginal product of a variable resource is marginal physical product of it multiplied with: (w) the marginal revenue from the sale of its addition to output. (x) its cost. (y) the price of the product. (z) one.
The value of marginal product of a variable resource is marginal physical product of it multiplied with: (w) the marginal revenue from the sale of its addition to output. (x) its cost. (y) the price of the product. (z) one.
All firms maximize profit through hiring the amount of labor where: (w) w = MRC. (x) MRP = VMP. (y) MRC = MRP. (z) MPP = MRP. I need a good answer on the topic of Economics problems. Please give me
States the functions and responsibilities of managerial economist?
When a firm does not influence the wage rate no matter how many workers this hires, then: (1) MRPL = MRCL for all feasible output levels for the firm. (2) MRCL = MPPL for all feasible output levels for the firm. (3) MPPL = MRPL for all feasible output
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