Say's Law argues that a given ____________________ must create an equivalent ________________________ somewhere else in the economy. potential GDP; value of supply total quantity of goods; price level for output natural rate of unemployment; full employment GDP value of supply; value of demand

Answers

Answer 1

Based on the economic theory of demand and supply, Say's Law argues that a given "value of supply" must create an equivalent "value of demand" somewhere else in the economy.

This is based on the idea that supply would deduce the size of the macro-economy, which in turn makes sense in the long run.

Jean Baptiste Say is a French economist famous for being an adherent supporter of business competition, free trade, and removing restraints on business activities.

His Say's law was famous as it tried to define the market condition. Say's law is sometimes referred to as the Law of Market.

Hence, in this case, it is concluded that the correct answer is option D. "value of supply; the value of demand."

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Related Questions

How does Truth-in-lending benefit consumers when shopping for a loan? a. Truth-in-lending allows consumers to be frank with the lenders and talk about very personal things. B. Truth-in-lending requires all lending institutions to eventually convert all of their loans to fixed interest rates. C. Truth-in-lending requires consumers to admit whether or not they can actually afford the loan they’re applying for. D. Truth-in-lending allows consumers to know every cost that is associated with the loans they research and apply for, and helps them reach the optimal decision.

Answers

Answer:

A

Explanation:

Truth-in-lending allows consumers to be frank with the lenders and talk about very important things

Answer: D

Explanation:

Truth-in-lending allows consumers to know every cost that is associated with the loans they research and apply for, and helps them reach the optimal decision.

taking the test rn edge 21-22

Downward influence is best achieved through A. citing the firm's goals. B. forming alliances. C. an inspiring vision. D. forming support networks.

Answers

Answer:

B. forming alliances

Explanation:

In March, stockholders of Herbalife Nutrition approved a 2-for-1 stock split. After the split, how many shares of Herbalife stock will an investor have if she or he owned 160 shares before the split

Answers

The number of shares that an investor will have after split is 320 shares.

Stock split refers to when a company divides its existing shares into multiple shares.

Here, we are to find the number of shares that an investor will own.

Given Information

Stock split rate = 2-for-1 stock split (2/1)

Share holding before split = 160 shares

Number of shares after the split = Share holding before split * Stock split rate

Number of shares after the split = 160 shares * 2/1

Number of shares after the split = 320 shares

Therefore, the number of shares that an investor will have after split is 320 shares.

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Question 4 of 4
What method of accessing a scaffold is unsafe and should never be used?
Using a ladder
Climbing a stair tower
Using a ramp
Climbing on cross braces
Mute
Forward
> CareerSafe

Answers

A method of accessing a scaffold that is unsafe and should never be used is Climbing on cross braces.

Climbing the structural braces of a scaffold has been ruled as unsafe and therefore it is highly forbidden. OSHA regulatory standards doess not permit this.

But it gives the permission to gain direct access through a different scaffold or a different structure.

Portable ladders, hook-on ladders, attachable ladders and ramps may also be used if non of these are available.

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The entry to record the issuance of 100,000 shares of $0.10 par value common stock for $10 per share is debit ______.

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The entry to record the issuance of 100,000 shares of $0.10 par value common stock for $10 per share will be:

Debit Cash for $1,000,000.Debit common stock $10000Debit Additional paid-in-capital $990000.

Based on the information given in the question, the amount that will be calculated for cash will be:

= 100000 × $10

= $1000000

Common stock will be:

= 100000 × $0.10

= $10,000

Additional paid in capital will be:

= $1,000,000 - $10,000

= $990,000

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Apple's Steve Jobs had to convince the music industry of a very big change in how they marketed music - what was it

Answers

Answer:

to sell digital version of songs on itunes...

i think

Innovations like the mass production of cars can create economies of scale. However, over time this benefit becomes less meaningful because:

Answers

Answer:

other companies copy the processes

Explanation:

Shelia does quality control for a company that manufactures lawn mower parts. On any given day, she finds the probability distribution for defective parts as shown in the table. Using the data from the table, what is the probability of having 2 defective parts in a day?.

Answers

Answer:

part 1 answer is: 0.04 part 2: 0.15

Explanation:

just did it on edge  

From the question and the table made available, the probability of having 2 defective parts in a day is 0.04.

What is probability?

This is a term that is used in statistics to show the chances that something is going to occur.

The probability of two defective parts happening in a day on this table if 0.04

P(X) = P(2) = 0.04

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to create strong partnering relationships, supply chain members must develop mutual trust, openly communicate, have common goals, recognize the benefits of interdependence, and

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Supply chain members must build mutual trust, communicate openly, share common goals, recognize the benefits of interdependence, and be willing to invest in each other's success.

Through these competencies, partnering relationships will be stronger and more effective in achieving the organizational goals and targets of each member of the supply chain.

The supply chain network comprises:

ProducersSellersWarehousesTransport companiesDistribution centersRetailers

It is essential that the relationship between a company and its suppliers is integrated and that one member contributes to the other's success, as each step of the supply chain is related to another.

Therefore, as the supply chain is a cycle, each step will impact the activities of the next step, requiring the integration of members and maintaining the quality of the product cycle until reaching the end customer.

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Which is NOT something you should look for in a savings account?


a) Low (or no) monthly fee
b) Rewards for using your debit card
c) Free online banking
d) Competitive interest rate

Answers

Answer:

b) Rewards for using your debit card

Explanation:

If it’s a saving account why would I using my debit?

When the makers of Reese's candy bars decided to manufacture Reese's peanut butter, it was an example of

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When the makers of Reese's candy bars decided to manufacture Reese's peanut butter, it was an example of Brand extension.

A brand extension or brand stretching involves a company using one of its product brand names on a new product. The new product is known as a spin-off.

This method increases the new brand sales.

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How has Tesco’s performed against each of the measures of success?

Answers

Answer:

For a long time, we measured our performance using the Steering Wheel. ... We now have just six simple, key business performance measures. It's about alignment and focus: if we give our colleagues more power to choose the right actions, we'll do a better job for customers and achieve greater success for our business.

Answer:

Tesco has been particularly successful because of its powerful brand.  It has a reputation for value, low prices and for being customer focused.  Its brand equity and associations have helped the company to expand into new sectors and markets.  Tesco has also been strong in public relations, advertising and building profile in catchment areas on a local level.  This local approach to marketing appears to be a key driver for success.

Jorge, the marketing manager for an automobile manufacturer, observes frequent conflicts between two of his subordinates, Taylor and Liu. He asks the human resource department to help, and the department's training manager investigates. She tells Jorge that the two subordinates lack interpersonal communication skills but would be likely to improve with proper training. This scenario suggests that the training manager has conducted a(n) __________ analysis.

Answers

The training manager in the scenario described has identified that both employees needs training and the type of training they need. Hence, he has conducted a person analysis.

Person analysis requires that the behavior and attitude of employees or an individuals are observed in other to depict which of the employees lacks a certain office or work training, after which they type of training required is then laid out.

Hence, these set of study on employees refers to person analysis.

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_____ refers to raw materials, work-in-process, or finished goods that are maintained to support production or satisfy customer demand.

Answers

Answer:

inventory

Explanation:

inventory refers to raw materials, work-in-process, or finished goods that are maintained to support production or satisfy customer demand.

warren works at a distribution center that ships merchandise by truck to 300 stores. in order to handle complex transportation problems, what does warren rely on?

Answers

In other to maximize the effectiveness of delivery equipments and manage time, Warren would need to rely on routing and scheduling softwares.

Handling logistics is an important aspect of business as it is at the core of the distribution process. Therefore, in other to solve complex transportation problems, reliance would be on routing and scheduling software.

These softwares takes into cognizance, road, traffic and other constraints on other produce the most efficient route for warren.

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fiona felt like there were not enough potential customers for her to earn a good living as a commission-based sales agent. therefore, fiona left that job and found work as an insurance claims agent, a more structured job. fiona could be described as having

Answers

The generalized self effacy scale is centered on the the general belief in oneself to handle or slove problems and reach goals. Fiona could be described as having Self-efficacy.

Self-efficacy is simply known as the belief that an individual can achieve their goals they have, whether that is solving a puzzle.

Bandura (1997) stated four sources of self-efficacy and they are mastery experiences, vicarious experiences, verbal persuasion, and physiological and affective states.

For example, an individual who has a high level of self-efficacy in Structured jobs will feel confident in their ability to make more money in that field.

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Based on what Fiona did in response to her situation, she can be said to have a. an external locus of control.

An external locus of control:

Means that the person blames other things for any success or failure they have Means that a person takes action to correct their external environment instead of internal things

Fiona in this case blamed her inability to make enough on the external factor of not having enough customers. She then changed careers because of this.

We can therefore conclude that Fiona has an external locus of control.

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Options for this question:

a. an external locus of control.

b. high self-esteem.

c. emotional intelligence.

d. generalized self-efficacy.

because of automation, which component of product cost is declining?

Answers

The costs involved in creating a product are called Product Costs. These costs include materials, labor, production supplies and factory overhead. The cost of the labor required to deliver a service to a customer is also considered a product cost

What is operations management and its role?

Answers

In its broadest sense, operations management is responsible for all aspects of creating goods and services. It manages resources such as materials, machines, technology, and people, and makes products and services that the marketplace wants.

At both large and small organizations, operations managers supervise, hire, and train employees, manage quality assurance programs, strategize process improvements, and more. Operations managers are ultimately responsible for maintaining and increasing the efficiency of a business, agency, or organization.

- INTELLIGENT answerer

what is Communication, ​

Answers

Communication is where you have contact with other people for example a conversation is a form of communication

A food product is pulled from the consumer market after preliminary testing, before data conclusively proves that it causes pancreatic cancer. This is an example of:

Answers

Answer:

The precautionary principle

Explanation:

Explain why it is important for
entrepreneurs to talk with industry
experts when developing the new
business concepts​

Answers

Explanation:

Cause they are expert in that kind of task will make thing look faster and easy to deal with while having any problems that arise on the long run of the business, experts will have a ways of making solutions to that cause they have deal with series of serious issues relating to that

Simone is writing a cover letter to Casey Jones, and is unsure of the employer's gender. How should she address her letter? a. Dear Casey Jones: b. To Whom It May Concern: c. Dear Hiring Manager: d. Dear Mr. /Ms. Jones: Please select the best answer from the choices provided A B C D.

Answers

Answer:

a. Dear Casey Jones

Explanation:

The most polite one

Answer:

I believe it is "Dear hiring manager"

Explanation:

the lessons said so

4. You hire three individuals as independent contractors (gardener, hairdresser, handyman). What is the maximum you can annually pay each and NOT be required to report the earnings to the IRS on a Form 1099-MISC?

A. I don't know
B. $0 - I am not required to report their earnings because they are independent contractors
C. $259
D. $499
E. $599
F. $1,899

Answers

Answer:

c

Explanation:

When forming a business strategy, the firm needs to compare the cost advantages and drivers of uniqueness across its different activities and compare with that of other firms. True False

Answers

True I think don’t make and answer off me think harder about it

if, after reflecting on the nature of leadership you decide that all leaders must treat their followers with respect, then you have identified a leadership model.

Answers

Answer:

Behavioral

Explanation:

the largest portion of federal tax revenue comes from _____.

Answers

Individual income tax

increased visibility, tracking, traceability and higher quality are all attributes of what type of benefits for tracking items using rfid tags?

Answers

The operational benefit is benefit offered by the rfid tags because of its attributes of increasing visibility, tracking etc

Operational benefit refers to something that reduces use of manpower, improves work accuracy, reduces operational costs etc

The rfid tags are used in inventory tracking and works by using electromagnetic fields to identify and track tags attached to the products.

Therefore, the rfid tags offered the benefit known as Operational benefit because of its attribute including increased visibility, tracking, traceability, higher quality etc.

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Tshering enterprise limited is planning to increase its sale by 30% in the next quarter.Identify the feature of management hight-lighted in the given statement.​

Answers

Answer: management is a goal oriented process

when intermountain healthcare wants patients to have comprehensive, standardized, detailed information about their condition and their treatment plan, what is the most appropriate way to communicate this information to providers, who will then give it to patients?

Answers

The most appropriate way to communicate this information to providers will be in information sheets that are produced and distributed through a centralized network.

Based on the information given, it should be noted that the healthcare organization needs to be effective in order to ensure that there's proper information to be provided.

Therefore, when intermountain healthcare wants patients to have comprehensive, standardized, detailed information about their condition and their treatment plan, it should be communicated in information sheets that are produced and distributed through a centralized network.

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the seven members of the board of governors of the federal reserve are appointed by

Answers

As the financial institution that takes charge of the monetary policies of the government, the Board of Governors' seven members of the Federal Reserve are appointed by the US President and confirmed by the Senate.

The Board of Governors, which has its office in Washington DC, is in charge of the supervision of the Federal Reserve Banks. It manages the government's monetary policies and issues various banking and consumer-credit regulations.

Thus, the seven members of the board are appointed by the US President and their nominations are confirmed by the US Senate.

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