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tia_tia [17]
1 year ago
14

the economy was in long-run equilibrium when aggregate demand increased. at this point in time, the expected inflation has start

ed to adjust to the new higher actual inflation rate. according to the (friedman) natural rate theory, this means the unemployment rate in the economy must currently be
Business
1 answer:
artcher [175]1 year ago
3 0

The eco-nomy was in long-run equilibrium when aggre-gate demand increased. At this point in time, the expec-ted inflation has start-ed to adjust to the new high-er actual inflation rate. Accor-ding to the (Friedman) natural rate the-ory, this means the unemploy-ment rate in the economy must curr-ently be <u><em>below the natu-ral rate</em></u>.

Milton Friedman defi-ned the natural rate of unemploy-ment as the level of unemployment that result-ed from real economic forces, the long-run level of whi-ch could not be altered by monet-ary policy. Accor-ding to the general equili-brium model of economics, natural unemploy-ment is equal to the level of unemploy-ment of a labor mark-et at perfect equilibrium.

To know more about Friedman click below:

brainly.com/question/6803976

#SPJ4

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lord [1]

Answer:

The contribution margin from each customer of the individual business segment is $24.75

Explanation:

Contribution margin from each customer of the individual business:

Customers = 400

Revenue = $35000

Variable cost = $25100

Total Contribution margin = Revenue – Variable cost

                                            = $35000 - $25100

                                            = $9900

Contribution margin from each customer of the individual business :-   = Total Contribution margin/customers

= $9900/400

= $24.75

Therefore, The contribution margin from each customer of the individual business segment is $24.75

3 0
3 years ago
The price of greatness is responsibility meaning
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The phrase “the price of greatness is responsibility” means that, if you are given or rewarded with great or high powers, you must be a responsible person in using that certain power. You are given the responsibility to use it for the well-being of yourself and for the others as well.

8 0
4 years ago
Kevin bought 290 shares of Intel stock on January 1, 2019, for $86 per share, with a brokerage fee of $190. Then, Kevin sells al
Yuliya22 [10]

Answer:

Gain $1,600

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Therefore the amount of the gain/loss Kevin must report on his 2019 tax return will be $1,600

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