An organization chart reveals all the formal and informal alliances between the various levels and departments within the organization
Indicate whether the statement is true or false
F
Economics
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When actual real GDP is above natural real GDP, we say that
A) the output gap is positive. B) the output gap is negative. C) the output gap has been eliminated. D) the output gap cannot be calculated.
Economics
Average fixed costs
a. will remain unchanged as output expands. b. are defined as the change in total costs divided by the change in output. c. will always increase as output increases. d. will always decrease as output expands.
Economics