Answer:
Explanation:
Present Value (P) =550,000
Future Value (S) = ?
Interest rate (i)=5%
Period (n)=15years
S=P(1+i)^n
S=550,000(1+.05)^15
S=1,143,410
Answer:You have an assignment to interview currently employed social workers. Through that interview, you hear a theme. You hear that the individual's love their jobs and feel satisfaction in making a difference. However, you also hear that they wish they could help more people. Discuss at least two reasons they cannot help more people.
Explanation:
The Phillips curve argues that unemployment and inflation are inversely related
<h3>What is
Phillips curve?</h3>
The Phillips curve is an economic model named after William Phillips, who hypothesised a link between lower unemployment and higher rates of wage growth in an economy.
The Phillips curve is a graph that depicts the economic link between the rate of unemployment (or the rate of change in unemployment) and the rate of change in money earnings. It is named after economist A. William Phillips and suggests that when unemployment is low, wages tend to rise quicker.
According to the Phillips curve, inflation and unemployment are inversely related. Lower unemployment is associated with higher inflation, and vice versa. The Phillips curve was a notion used to drive macroeconomic policy in the twentieth century, but it was put into doubt by the 1970's stagflation.
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That sucks hopefully she feels better