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Andre45 [30]
3 years ago
7

On an aggregate demand and aggregate supply graph, the stagflation of the 1970s can be represented as a

Business
1 answer:
uranmaximum [27]3 years ago
4 0
The stagflation of the 1970's can be represented as a leftward shift of the aggregate supply curve.
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When labor unions successfully bargain for wage rates that are _____ the equilibrium wage rate, they may cause _____. higher tha
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When labor unions successfully bargain for wage rates that are HIGHER THAN the equilibrium wage rate, they may cause AN INCREASE IN STRUCTURAL UNEMPLOYMENT.

Explanation:

When a labor union bargains for wages that are above equilibrium rate, this will produce the same effect as a price floor. The supply of labor will increase, while the demand for labor will decrease. This deadweight loss generated by high wages will result in an excess supply that will eventually lead to higher structural unemployment.

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3. Columbia Corporation deposited $2,000 in an account that pays 12% interest annually. If the interest is compounded continuous
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3 years ago
Lopez Plastics Co. (LPC) issued callable bonds on January 1, 2021. LPC's accountant has projected the following amortization sch
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c. 7%

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An example of communicating category membership by relying on the product descriptor is ford's positioning of its freestyle auto
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Andrea Apple opened Apple Photography, Inc. on January 1 of the current year. During January, the following transactions occurre
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Apple Photography, Inc.

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Service Revenue   5,800)

Rent                       (1,600)

Office equipment (3,200)

Utilities                     (285)

Balance                $12,115

b) Apple Photography, Inc had a balance in the cash account at the end of January of $12,115 which was the difference between the cash inflows and cash outflows during the month.  The inflows represented cash received by Apple Photography  from the owners and customers and the cash paid for running the business.

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