Answer:a higher quality item
Explanation:
A higher quality them
Answer:
A
Explanation:
Here, we want to know what will happen in the long run after market adjustments when we start from a long run steady state equilibrium.
An increase in income taxes will shift the adjustment to the left. This will cause deflation.
After this adjustment, the net effect will be a small deflation, but output returns to potential level.
At the beginning of the film, the three traits that dr. Sean Carroll says make<u> humans unique compared to our </u><u>primate relatives</u> are less, tool use and large brains.
<h3>Who is Dr. Sean Carroll?</h3>
Sean Michael Carroll, a theoretical physicist and philosopher from the United States who was born on October 5, 1966, is an expert in quantum mechanics, gravity, and cosmology. He is currently an External Professor at the Santa Fe Institute and was formerly a research professor at the Walter Burke Institute for Theoretical Physics in the Physics Department at the California Institute of Technology (Caltech). He will start serving as the Homewood Professor of Natural Philosophy at Baltimore's Johns Hopkins University in the summer of 2022. In addition to writing for the physics blog Cosmic Variance, he has also published articles in The New York Times, Sky & Telescope, and New Scientist as well as in scholarly journals like Nature. He is recognized for his atheism, criticism of theism, and support for naturalism.
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Answer:
The sacrifice ratio could be as small as 0
Explanation:
The Sacrifice Rate is the loss of output due to the fight against inflation, and can be expressed as how much product is lost to reduce inflation by 1 percentage point. The Sacrifice Rate is a proposition by economist Robert Lucas Jr, who noted that the slowdown in long-term inflation is associated with a reduction in the production of goods and services over a period of time until economic agents adapt to the new reality. pricing and restructuring their expectations of the economy. Therefore, the social cost of fighting inflation is a reduction in GDP and an increase in the unemployment rate.
Because of this, we can conclude that if policymakers are committed to reducing inflation and rational people understand this commitment and quickly reduce their inflation expectations, the sacrifice rate can be as low as 0.