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NEW QUESTION: 1
The Phillips curve shows that the government
A. can only use fiscal policy to reduce the rate of unemployment in the short run but not in the long run.
B. cannot use monetary policy to reduce the level of unemployment without causing a rise in interest rates.
C. can only use expansionary policy to reduce the level of unemployment if it is prepared to accept a higher rate of inflation.
D. in the long run expansionary fiscal and monetary policy can only lead to higher inflation and higher unemployment.
Answer: C

NEW QUESTION: 2
Drag and drop the PDUs from the left onto the correct TCP/IP layers on the right.

Answer:
Explanation:

Explanation:
http://knutsonco.tripod.com/id9.html


NEW QUESTION: 3
Porter suggests that competitive advantage arises from the implementation of a generic strategy which best fits the organisation's environment. Which of the following are generic strategies'? Select ALL that apply.
A. A strategy based upon persuading customers that its products or services are superior to its competitors products and services
B. A strategy which is based upon the organisation achieving cost-parity with its competitors.
C. A strategy which is based upon the business organising itself as the lowest-cost producer in its industry.
D. A strategy based upon persuading customers its products or services are of equivalent value to those of the market leader.
E. A strategy in which its products or services are directed to a segment of the market rather than the market as a whole.
F. A strategy which makes investment decisions guided by a product's position in a product/market matrix.
Answer: A,B,C,E


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L4M4 Exam Info

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L4M4 Exam Topics

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