1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Crystal Lodging recorded $330,000 in revenues, $247,500 in expenses, and $45,000 of dividends for the year. The company began th
Brilliant_brown [7]

Answer:

b.$127,500 increase

Explanation:

Using Accounting Equation we can find thetotal increase in total assets:

Assets = Equity + Liabilities

Change in Assets = Change in Equity + Change in Liabilities

Change in Assets = $37,500 + $90,000

Change in Assets = $127,500

Total Change in equity and liabilities will be equal to the change in Assets.

So, the correct answer is b.$127,500 increase.

7 0
3 years ago
American Bank quotes a bid rate of $0.026 and an ask rate of $0.028 for the Indian rupee (INR); National Bank quotes a bid rate
Vinvika [58]

Answer:

c. buying rupees from National Bank at the ask rate and selling them to American Bank at the bid rate.

Explanation:

  • Locational arbitrage is a strategy in which one seeks profits from the difference in exchange rates for the same currency at different banks.
  • In our case for locational arbitrage one will have to buy Indian rupee from National bank at the ask rate and then sell them to American bank at the bid rate to make profit.
3 0
3 years ago
Consider an economy that is in steady state according to the Solow model. Now suppose that a temporary foreign aid program build
skelet666 [1.2K]

Answer:B

Explanation:

3 0
3 years ago
Read 2 more answers
Giving consumers larger quantities at a low price would help taco bell regain _____.
lisov135 [29]
The answer that best fits the blank provided above is this: A COMPETITIVE ADVANTAGE. When we say competitive advantage, this is when this fast food restaurant gains that position that is ahead of the rest. This is because of their low prices for larger quantities. Hope this helps.
4 0
3 years ago
What's the difference between gross monthly income, and net monthly income? I'm filling out a loan application, and the applicat
frutty [35]
Your "gross monthly income" is the amount you make BEFORE they take out any deductions.
Your "gross monthly income" is the amount you make AFTER they take out any deductions. 
7 0
3 years ago
Other questions:
  • If Chester Corp. were to buy all of it's shares outstanding at its current price, how much would it cost Chester Corp, excluding
    11·1 answer
  • A car manufacturer is concerned about poor customer satisfaction at one of its dealerships. the management decides to evaluate t
    11·1 answer
  • The prime interest rate is offered by banks to customers with the largest accounts and with very high credit ratings.
    6·1 answer
  • A bond is aa.financial intermediary. b.certificate of indebtedness. c.certificate of partial ownership in an enterprise. d.None
    9·1 answer
  • Which benefit typically costs an employer the most to provide?
    7·1 answer
  • In the former Soviet Union, the quantities of output and prices to be charged by key firms were determined by
    7·1 answer
  • 1. Suppose the Glucometer company is to sell the machine only to hospitals, and the company will maintain the Glucometer machine
    13·1 answer
  • Beth and Bob Martin have total take-home pay of $5,000 a month. Their monthly expenses total $4,360. Calculate the minimum amoun
    9·1 answer
  • Discuss characteristics of modern organization and give reasons why there are frequent changes in organizations​
    8·1 answer
  • Managerial activities include all of the following except ________.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!