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kirill115 [55]
1 year ago
12

High inflation imposes various costs on society. What can policymakers do to keep inflation at a low level?.

Business
1 answer:
11Alexandr11 [23.1K]1 year ago
5 0

High inflation imposes various costs on society. Maintain a slow growth in the number of money policymakers do to keep inflation at a low level.

There are only two real costs of inflation in this economy. Inefficient management of transactions due to low currency balances and the need to change advertised prices more frequently (so-called menu costs).

Today, contractionary monetary policy is the more popular way to control inflation. The goal of contractionary policymakers is to reduce the money supply within the economy by raising interest rates. 5 This slows economic growth as borrowing costs rise and consumers and businesses spend less.

Learn more about policymakers at

brainly.com/question/2084762

#SPJ4

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Answer: Whether consent was voluntary

Explanation:

From the question, we are informed that Sondra thinks the new business contract she signed with her business partner is valid. We are further told that both parties are legally competent, the contract has a legal purpose, an offer was made and accepted, and a fee has been negotiated and documented.

The essential element of a valid contract has Sondra not yet considered is whether consent was voluntary. This is important as they je must not be forced to sign a contract.

7 0
3 years ago
could this type of situation ever occur in the United States and imposter taking over the leadership of the country ​
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Answer:

yes

Explanation:

The way the system works is tricky but the thing to realize is that people can always be deceitful and act different than they are.

4 0
3 years ago
4. Sectoral shifts, frictional unemployment, and job searches Suppose the world price of cotton falls substantially. The demand
antoniya [11.8K]

Answer:

The temporary unemployment resulting from such sectoral shifts in the economy is best described as frictional unemployment.

This is because it is temporary and people in the affected sector could opt for jobs in other performing sectors of the economy.

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The demand for labor among cotton-producing firms in Texas will reduce .

The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will also decline .

The temporary unemployment resulting from such sectoral shifts in the economy is best described as frictional unemployment.

Frictional unemployment is seasonal employment that could occur when there is no demand or work period is completed unlike structural unemployment that can last for long.

It is a temporary unemployment situation because workers in the cotton industry could opt for jobs in other performing sectors of the economy.

5 0
3 years ago
The minimum salary for a running back is $1.35 million per year. One of the Whalers' running backs was hurt during the last game
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8 0
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A policy maker is unsure of the true marginal damages associated with a good, but they know that the marginal externality is con
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3 years ago
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