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1 year ago

The shape of the ______________ involves a tradeoff between unemployment and inflation.

Business

1 answer:

larisa [96]1 year ago

8 0

The shape of the Phillips curve involves a tradeoff between unemployment and inflation.

the question is incomplete .please read below to find the missing content

The shape of the ______________ involves a tradeoff between unemployment and inflation.

A. the aggregate demand curve

B. the aggregate supply curve

C. Phillips curve

D. Keynesian demand curve

Phillips curve, the graph of the economic relationship between the unemployment rate (or rate of change in the unemployment rate) and the rate of change in nominal wages. Named after the economist A. Williams Phillips, he notes that wages tend to rise faster when unemployment is low.

The Phillips curve shows the relationship between inflation and unemployment. In the short term, inflation and unemployment are inversely related. As the number of one increases, the amount of the other decreases.

The underlying problem is that the Phillips curve misinterprets the assumed relationship between unemployment and inflation as causal. In fact, it is changed in aggregate demand that drives changes in both unemployment and inflation. The Phillips curve continues to mislead and mislead policymakers.

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Which of the following is an advantage to belonging to a labor union?

alisha [4.7K]

Labor union protect the workers right and interest.

Firstly, let understand that labor union is basically an association of workers which can either be for a trade or profession, with the main objective of protecting members rights and interests

The major function of labor union is to help improve the lives of members by negotiating and determining the remuneration rate that should be provided to them such as wages, salaries, hourly rate, minimum wages etc.

Some advantage of Labor union for workers are:

Its helps to protect the interest of workers.
Its helps to negotiate and promote higher wages and better benefits.
Its help to ensure workplace safety.
The union serves as workers representatives.

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7 0

2 years ago

Overhead Applied to Jobs, Departmental Overhead Rates Xania Inc. uses a normal job-order costing system. Currently, a plantwide

sveta [45]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Department A Department B

Overhead costs (expected) $120,000 $80,000

Normal activity (machine hours) 16,000 5,800

A) To calculate the plantwide overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (120,000 + 80,000) / (16,000 + 5,800)= $9.17 per machine hour

B) We need to use the same formula, but for each department:

Department A:

Estimated manufacturing overhead rate= 120,000/16,000= $7.5 per machine hour

Department B:

Estimated manufacturing overhead rate= 80,000/5,800= $13.79 per machine hour

7 0

3 years ago

Correct identification of the underlying root cause is the desired outcome of the ________________ approach to problem solving.

Citrus2011 [14]

Answer:

Letter A is correct. <u>Cause-oriented.</u>

Explanation:

A cause-oriented approach to problem solving is a method characterized by focusing on the history of the problem and then thereafter finding the root cause that originated it.

It is a very effective method when used to find solutions to various organizational problems that are apparently unsolved.

8 0

3 years ago

the common stock of salazar insurance pays a constant annual dividend of $4.80 per share. what is one share of this stock worth

kotegsom [21]

Market Price =$36.09,is one share of this stock worth at a discount rate of 13.3 percent.

<h3>Common stock: What does that mean?</h3>

A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the executive board and cast ballots for corporate rules. This kind of stock ownership frequently offers better long-term rates of return. Common stock is not subject to either assets or liabilities.

<h3>How are shares & common stock different from one another?</h3>

Definition: The term "stock" refers to the holder's interest in one or more businesses. A single share of interest in a firm is referred to as a "share" in contrast. For instance, if X has stock investments, X may have a collection of shares from various companies.

<h3>Briefing:</h3>

Market price = dividends per share

P0 = $4.80/.133

P0 = $36.09

Market Price =$36.09

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5 0

1 year ago

SportLife Drinks, a multinational soft drink brand, has been facing huge economic losses due to unpredictable exchange rate move

wariber [46]

Answer:

C. Disperse production to different locations around the globe.

Explanation:

By dispersing production to different countries, Sportlife drinks will accumulate its income in different currencies.

If a certain type of currency is incinerating in value, other types of currencies tend to increase in value. So, having multiple currencies at your disposal will pretty much maintain the total amount of your overall asset.

This will protect sport life drinks from the damage that might caused by currency fluctuation.

5 0

3 years ago