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shepuryov [24]
3 years ago
12

Suppose an economy has a law that requires all wages to be adjusted quarterly to reflect changes in the general price level. Thi

s means wages either increase or decrease depending on the percent change in the general price level. In this economy:_________
Business
1 answer:
8_murik_8 [283]3 years ago
8 0

Answer:

economic (or business) cycles are less severe.

Explanation:

If the wages follow the general price level, it means that they will follow the inflation rate. When the economy is strong and inflation might rise, then the wages should increase accordingly. When the economy is starting to enter a recession then the inflation rate will reduce, so wages will not increase as much (if any increase at all).

This type of economic policy favors expansion cycles since private consumption is the main component of the GDP and also helps when the economy enters a recession because the wages will follow inflation rate which will help make the recession less severe and hopefully shorter.

One basic concept for this to work is that inflation is always a positive number, countries rarely (if ever) go through deflation processes.

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Describe how changes in expected inflation impact an economy in the wake of a temporary negative supply shock
Fed [463]

Negative shocks reduce production and increase unemployment. Positive shocks increase production and reduce unemployment.

Unexpected change moving SRAS. A positive supply shock increases SRAS, whereas a negative supply shock decreases SRAS. A combination of slowing overall economic output (declining) and rising price levels (inflation). Stagnation occurs when SRAS decreases.

A negative supply shock leads to an increase in the natural rate of interest. If real interest rates are not adjusted, there will be excess demand in the labor market. t = 0 unless the real interest rate is adjusted. Then we move into an economy where the market is imperfect.

A supply shock is an unexpected event in which the supply of a product or commodity changes, causing a sudden change in price. A positive supply shock increases output and decreases prices, while a negative supply shock decreases output and increases prices.

Learn more about supply at

brainly.com/question/25843620

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8 0
1 year ago
When an organization selects a single, primary target market and focuses all its energies on providing a product to fit that mar
zhannawk [14.2K]

Answer: Concentrated strategy

           

Explanation: In simple words, concentrated strategy refers to the strategy in which the organisation places its limited resources to a particular area and works to place their dominance in that area.

In the given case, The organisation is selecting a single primary market as their target.

Thus, we can conclude that they are using concentrated strategy.

8 0
4 years ago
A colleague has written a section of the main body in of the same financial report. He had a long paragraph with lots of numbers
Leya [2.2K]

Answer:

The Correct Answer is C.

Graphics

Explanation:

The Advantages of using Graphics in presentation or reports are such as:

  • Graphics can help illustrate some topics better than the diagrams or static texts.
  • Graphics is portable and editable.
  • Graphics can gain and hold attention.
  • Interactivity can help in the learning process which makes it much easier and understandable.
  • Entertaining as well as Educational.
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7 0
4 years ago
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Place in order the events that occur in the short run when the Federal Reserve enacts expansionary monetary policy.
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3 years ago
All analysis of variance procedures require that the compared populations have equal variances.
nikdorinn [45]

Answer: b. False

All analysis of variance procedures <em><u>assume</u></em> that the compared populations have equal variances.

In all analysis of variance procedures, tests like F-test, Bartlett’s test, Levene’s test and Brown-Forsythe test are used to verify or test the assumption if k samples are from populations with equal variances.

When two or more populations have equal variances, we say that homoscedasticity or homogeneity of variances exist.

The F-test and Bartlett’s test yield best results only if the population is normally distributed. However, Levene’s test and Brown-Forsythe are known to yield good results for data that is not normally distributed.

7 0
3 years ago
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