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Whitepunk [10]
2 years ago
12

How does the business cycle affect consumers? Check all that apply. It can be harder to find a job during an economic depression

. Prices on food and clothing will tend to decrease during an expansion. People tend to make more money during an expansion. It can be easier to find a job during an economic depression. Prices on gas and food will tend to increase during an expansion.
Social Studies
2 answers:
Mrrafil [7]2 years ago
6 0
Answer is 1,3, and 5
hope it helps
Nikitich [7]2 years ago
3 0

Answer:

It can be harder to find a job during an economic depression.

People tend to make more money during an expansion.

Prices on gas and food will tend to increase during an expansion.

Explanation:

Macroeconomic theory suggests that capitalism is cyclical, that is, the capitalist economy alters moments of expansion and economic retraction.

In times of expansion, the economy is warm, so production increases, making it easier to get jobs and make money. In this scenario of high production and low unemployment, the demand for goods and services - such as gas and food - increases, raising its price.

On the contrary, in situations of economic downturn, companies have a depreciation of their sales prospects, reducing production and consequently increasing unemployment. This reduces the demand for goods and services and consequently their prices.

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Answer:

The conflict theorist would argue from the point of view of the society being in perpetual competition as a result of inequality of distribution of resources and power. The rich would not pave the way for cheaper technology as a result of them purchasing early version of expensive technologies but rather, everyone would aspire to be the first to buy such early version of technology due to prestige associated with it.

On the long run, the conflict theorists makes more sense due to the fact that, as more people aspire to buy the early version of technologies, it creates extraordinary demand for the goods. this would force the manufacturers to employ more workers inorder to meet up with the demand thereby leading to fall in the prices of such goods. An example is the Toyota brand cars that is popular in some countries.

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Answer: a) c) d)

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6 0
2 years ago
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Which of the following is true of a job? Group of answer choices A job is the output that comes from the accomplishment of tasks
NemiM [27]

The correct answer is B, A job is a grouping of tasks, duties, and responsibilities that constitutes the total work assignment for an employee.

Explanation:

The word "job" refers to a specific task, duty, activity, responsibility, role, etc. that is usually done in exchange for payment and thus, is considered as part of total work or occupation. This means a job is only one section or art of work and therefore of the things employee should do. Additionally, jobs require specific physical or mental abilities and can change over time as new tasks might be required. According to this, the statement that is true of a job is that this refers to a grouping of tasks, duties, etc. that are part of the total work employees should do.

5 0
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So that the above is the right answer.

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Answer:

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