When Self-Correction Works to Eliminate an Expansionary Gap,_____

question 73

Multiple Choice

When self-correction works to eliminate an expansionary gap,_____.

• A)both money wages and real wages increase
• B)money wages increase while real wages decrease
• C)both money wages and real wages decrease
• D)money wages decrease while real wages increase
• E)money wages remain unchanged

Appreciate the role of instant messaging in modern communication.

Recognize effective strategies for managing email communication.

Understand the impact of electronic communication on workplace privacy.

Identify the risks associated with social networking sites and how they can be mitigated.

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Definitions:

Non-excludable

A property of a good or service that makes it impossible, or highly impractical, to prevent individuals from using the good or service once it is provided.

Public Goods

Goods that are non-excludable and non-rivalrous in consumption, meaning they can be consumed by everyone and one person's consumption does not reduce the availability for others.

Private Sector

The part of the economy that is owned and operated by individuals and companies for profit, as opposed to being owned by the government.

External Benefit

A positive effect or advantage that extends beyond the direct participants of an economic transaction to affect others who are not involved in the transaction.