Jorge Must Inform Samantha That She Is Not Eligible to Have

question 83

Multiple Choice

Jorge must inform Samantha that she is not eligible to have an August vacation for which she recently applied. Which of the following sentences best demonstrates the "you" view Jorge should use in denying Samantha's application?

• A)I have not approved your August vacation because you applied too late.
• B)We didn't receive your application early enough for the August vacation schedule.
• C)Although the August vacation schedule is full, you may qualify for a vacation in September if you apply now.
• D)The August vacation schedule was posted in May. You should have consulted it earlier.

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Definitions:

Long-Run Equilibrium

A state in which all factors of production are used efficiently, market supply and demand are balanced, and there is no tendency for change in the economic variables.

Expansionary Gap

A situation where the actual output in an economy exceeds the potential output due to high demand, often leading to inflationary pressures.

Short-Run Aggregate Supply

The total supply of goods and services that firms in an economy plan on selling during a short time period, given the current level of prices.