2.1. Explain the changes in the following economic variables with proper justification during Peaks of Business cycle in the diagram. A) Inflation B) Unemployment rate C) Employment level in the country D) Aggregate demand of the country E) Aggregate supply in the country

In what ways can cross-cultural communication aid in the ability to work in diverse, international groups?

Two countries the US (U) and Fiji (F). Each country i E {U, F} can decide whether to impose a positive tax on the emissions of its polluting firms (t;> 0) or to impose no tax (t; = 0). We can think of a representative firm that chooses whether to produce using a polluting technology (q=P) or a | clean technology (q = C). The polluting technology generates profits of л(P) = 11. The clean technology generates profits of л(P) = 10 and doesn't have to pay tax. Assume that when the firm is indifferent between the two technologies, it chooses the clean technology. Imposing a tax of t = 1, profits of firms using polluting technology would equal profits of firms using clean technology. Let us now turn to the decisions that the governments would make if they were inde- pendently choosing whether to impose a tax or not. In the US, firms using the clean technology emit a total of 0 tonnes of CO2 emissions, while firms using the polluting technology emit a total of 900 tonnes of CO2 emissions. In…

Place the terms in order from broadest to most narrow.