Discriminatory impulses in the labor market can emerge at a number of levels:

If a Phillips curve shows that unemployment is high and inflation is low in the economy, then that economy:

Rasek [7]

Answer:

is producing at a point where output is less than potential GDP.

Explanation:

When the unemployment is high it is obvious that the economy is under its potential level but there is inflation case so we need to know the meaning of Philips Curve. The aggregate demand and aggregate supply model provides a simple summary of the possible outcomes proposed by the Phillips curve. The Phillips curve shows the combination of inflation and unemployment arising when the economy of the aggregate demand curve in the short run shifts along the short-term aggregate supply curve. Increased demand for goods and services will lead to higher prices in the short term and increased output of goods and services. Increasing output means increasing employment and lowering unemployment. In addition, the higher the rate this year, the higher the rate of inflation, no matter what the price level is in the past. Thus, the change in aggregate demand leads to short-term changes in inflation and unemployment rates, which is consistent with the dependence described in the Phillips curve. Monetary and fiscal policy tools are used to influence the aggregate demand curve, that is, to move the economy along the Phillips curve. Increasing money supply, government spending, or tax cuts move the aggregate demand curve to the right and drives the economy to a point where the Phillips curve corresponds to lower unemployment and higher inflation. Reducing money supply, government spending, or raising taxes will push the aggregate demand curve to the left, while the economy shifts to the point where Phillips curves with lower inflation and higher unemployment. In this sense, the Phillips curve offers policymakers a set of combinations of inflation and unemployment.

4 0

3 years ago

You are working as a correctional officer. Your boss pulls you aside and discusses with you how you handled a situation with an

DedPeter [7]

Your boss is providing very helpful type of criticism, and gives you some of the suggestions on how to improve next time.

Constructive Criticism is the answer/

3 0

3 years ago

Carolina Biological Supply Company sells science instructional materials. It wants to grow beyond the current customer base and

irina [24]

Answer: B) identify business needs, segment total market, profile target customer segment, research and validate marketing opportunity

Explanation:

The options for the question are:

A) research and validate marketing opportunity, identify business needs, segment total market, profile target customer segment, research and validate marketing opportunity

B) identify business needs, segment total market, profile target customer segment, research and validate marketing opportunity

C) profile target customer segment, identify business needs, segment total market, research and validate marketing opportunity

Market targeting simply has to do with selecting target market from whole market and it should be noted that target market are the people that company or organization wants to satisfy.

In the scenario above, the first thing is to identify business needs. Every successful company has to identify its business needs. After then, market segmentation takes place and this is when potential customers are being divided into segments or groups as a result of the features they possess like location and interests.

After then, the target customer segment are being profiled. This is done in order to know more about the customers and to also tailor the products towards the requirements of the segments. Lastly, the marketing opportunity is being researced and validated.

3 0

3 years ago

1.How does a teacher maintain the quality of education. write in brief.

stiks02 [169]

Answer:

Explanation:

Simple Guidelines To Improve Teaching Quality and Effectiveness In The Classroom

Introduce technology in the classroom. ...

Personalise the learning experience of the students. ...

Involve Parents in The Classroom. ...

Empower students to be active learners.

7 0

3 years ago

In the month of June, a department had 20,000 units in Beginning Work-in-Process that were 70% complete. During June, 90,000 uni

BigorU [14]

Answer:

110,000 units

Explanation:

Calculation of the equivalent units of production for materials in June

Beginning work in process 20,000

Units started and completed (90,000-10,000) 80,000

Ending work in process 10,000

Equivalent units of production for materials for June 110,000 units

3 0

3 years ago