Answer:
Government policymakers decided to reduce the rate of inflation from 3% to 1.6%. As a result, the unemployment rate increased from 4.8% to 6.2%. The sacrifice ratio is:______
d. none of the above
Explanation:
a) Data and Calculations:
Old inflation rate = 3%
New inflation rate = 1.6%
Old unemployment rate = 4.8%
New unemployment rate = 6.2%
Ratio of old inflation rate to old unemployment rate = 3 : 4.8 = 0.625
Ratio of new inflation rate to new unemployment rate = 1.6% : 6.2% = 0.258
Sacrifice ratio = Difference between the two ratios = 0.367 (0.625 - 0.258)
b) The sacrifice ratio is the difference between the old ratio and the new ratio of inflation rate to unemployment rate.
Answer:
aa
It might be negative for the company to promote a
Answer:
A: A collection of computers that are linked together
Explanation:
Answer:
1. What is the value for the cell labeled AA?
2. What is the value for the cell labeled BB?
3. What is the value for the cell labeled CC?
4. What is the value for the cell labeled DD?
Explanation:
# of output marginal value of wage marginal
workers product marginal profit
of labor prod. of L.
0 0 -- -- $300 --
1 300 300 $600 $300 $300
2 500 200 AA $300 $100
3 600 100 $200 $300 BB
4 650 CC DD $300 -$200
AA = 200 x $2 = $400
BB = $200 - $300 = -$100
CC = 650 - 600 = 50
DD = 50 x $2 = $100
The item at the store would be a better deal because 12+10=22 and 22 is greater than 20 therefore making it so that the one at the store is cheaper.
