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daser333 [38]
3 years ago
8

The long-run Phillips curve: depicts the negative relationship between the unemployment rate and the inflation rate. explains ho

w expansionary policies can affect an economy, while contractionary policies have little effect. shows the positive relationship between the unemployment rate and the inflation rate. suggests that policies have little effect on the natural rate of unemployment in the long run.

Business
1 answer:
Daniel [21]3 years ago
3 0

Answer: Suggests that policies have little effect on the natural rate of unemployment in the long run.

Explanation:

The Long Run Phillips Curve as you can see in the graph attached is a VERTICAL straight line. It suggests that policies can change inflation but will not have much of an impact on the rate of Unemployment as Unemployment will be at it's Natural Rate.

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Question 6
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8 0
3 years ago
4. The fee the bank charges the issuer of a bad check is a...
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4 years ago
The owners of Carpo Inc., a watch company, also own a steel company and a leather goods manufacturing company. This relieves the
Temka [501]

Answer: cost advantage  

 

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In the given case, Carpo inc,. is also the owner of steel and leather companies thus they can make watches at a lower cost as they do not have to bear to profit margin that the external supplier will be getting from them.    

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3 0
3 years ago
Getthere airlines currently charges $200$ dollars per ticket and sells $40{,}000$ tickets a week. for every $10$ dollars they in
Nataly_w [17]
Suppose GetThere Airlines increases their ticket price to $200+10n = 10(20+n)$ dollars. Then the number of tickets they sell is $40,000-1000n = 1000(40-n)$ .<span> Therefore, their total revenue is
</span>
$$10(20+n)\cdot 1000(40-n) = 10000(20+n)(40-n) = 10000(800+20n-n^2).$$

This is maximized when $n=-\left(\frac{20}{2\cdot(-1)}\right)=10$ .<span> Therefore, they should charge </span><span>$200+10\cdot 10 = \boxed{300}$</span><span> dollars per ticket.</span>
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4 years ago
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