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3 years ago

What is Philip's curve long and short ones?

1 answer:

3 0

In the Philip's curve the long run usually refers to the vertical line and the rate of unemployment the short run Philips curve denotes inflation and is in L shaped and the relationships indicates the trade-off between the inflation and the unemployment

Explanation:

This curve in general shows the relationship between the rate of increase in the nominal wages and the rate of unemployment and usually lower the rate of inflation higher will be the wages allotted and it will be the vice versa

There will be a shift in the Philips curve when there is a hike in the oil prices abroad and this will cause the curve to shift leftwards so in the long run it will indicate the unemployment rate and in the short run it will indicate the inflation rate

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Grouper Corp. retires its $640000 face value bonds at 105 on January 1, following the payment of annual interest. The carrying v

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Answer:

Explanation:

The journal entry is shown below:

Bonds payable A/c Dr $640,000

Premium on bonds payable A/c Dr $23,970

Loss on bonds redemption A/c $8,030

To Cash A/c $672,000 ($640,000 × 1.05)

(Being the redemption of bond is recorded and the remaining balance is debited to the Loss on bonds redemption account)

The Premium on bonds payable is computed below:

= Carrying value of the bonds - face value of the bond

= $663,970 - $640,000

= $23,970

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3 years ago

Demand for a product is 500 units per month. The company incurs a fixed order placement, transportation, and receiving cost of 4

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Answer:

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economic order quantity (EOQ)

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3 years ago

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Taya2010 [7]

Mass production - to produce custom products in large quantities

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3 years ago

In the context of work team processes, cooperative teamwork skills: Group of answer choices include the ability to have access t

Arisa [49]

Answer:

(D) include open communication, trust, personal integrity, positive interdependence, and mutual support.

Explanation:

With respect to the process made for the work team, the skills of the cooperative teamwork generally involves the open communication so that there is no misunderstand, also it includes the trust, mutual support, and other things so that the employees feel comfortable and they dont hesitate while asking anything

So as per the given situation, the above should be the answer

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3 years ago

Meena Chavan Corp.'s computer chip production process yields DRAM chips with an average life of 2,000 hours and sigma = 120 ho

gtnhenbr [62]

Answer:

The correct answer is 1.25.

Explanation:

According to the scenario, the given data are as follows:

Upper specific limit = 2,600 hours

Lower specific limit = 1,700 hour

Standard deviation =120 hours

So, we can calculate the capability ratio by using following formula:

CP = (Upper specific limit - Lower specific limit) ÷ ( 6 × deviation)

= ( 2,600 hours - 1,700 hours) ÷ ( 6 × 120 )

= 900 hours ÷ 720

= 1.25

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3 years ago

What is Philip's curve long and short ones? ​

What is Philip's curve long and short ones?