The job analysis method that uses information input, work output, job context, and relationships with other persons is _____.
A. task inventories
B. PAQ
C. essential elements
D. Job Tasks and Elements Inventory
B. PAQ
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The economy pictured in the figure below has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________.
A. recessionary; B B. recessionary; C C. recessionary; A D. expansionary; A
Unemployment occurs even during periods when the economy is growing
Indicate whether the statement is true or false
Suppose the aggregate demand for housing in the U.S. includes a substantial speculative component. What happens of the expectations of speculators change, and they believe housing prices will not increase in the future?
A) The aggregate demand curve shifts leftward, and the equilibrium market price declines. B) The aggregate demand curve shifts leftward, and the equilibrium market price increases. C) The speculative demand curve shifts leftward, but the aggregate demand curve is unchanged. D) There is no change in the current demand for housing because speculators' expectations are based on future events.
A network externality acts as a barrier to entry.
Answer the following statement true (T) or false (F)