Some of the Most Common Reasons Small or Mid-Sized Companies

question 2

True/False

Some of the most common reasons small or mid-sized companies take their business to the Web are to keep up with the customers and to reach global markets.

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Definitions:

Sticky-wage Theory

The sticky-wage theory suggests that wages respond slowly to changes in the economy, which can lead to unemployment or labor market imbalances.

Aggregate Demand

The total demand for goods and services within an economy at a given overall price level and in a given time period.

Short-run Phillips Curve

A graphical representation showing the inverse relationship between the rate of unemployment and the rate of inflation in an economy over the short term.

Money Supply Growth

The rate at which the amount of money available in an economy increases, which can affect inflation and economic stability.