The first part of the lras curve conveys an economic recession. what does this mean?

a. the economy is inefficient and has excess capacity for production.
b. the economy is completely efficient.
c. the economy is at full production.

Assignment: permutations use the permutation formula   r ! ! n n p nr   to solve each problem. be sure to show all work leading to your answer. part i: solve real-world permutation problems choose any four (4) of the following five problems to solve. for each problem a) show how the permutation formula can be used to find the answer and b) write a sentence to explain the meaning of the answer for the situation. 1. to register for online banking services at a local credit union, you need to select a four-digit personal identification number, or pin code. the digits cannot be repeated. how many ways are there to arrange four digits out of the numerals 0 through 9 to create a code?