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.
To know more about Phillips curve follow the link:
brainly.com/question/28005556
#SPJ4
Answer:
The correct answer is letter "C": You rightly expect only the best quality from the Yuma brand, and this is why we will gladly provide you with a brand-new gym bag that features our trademarked.
Explanation:
Adjustment letters are the replies merchants or sevice providers send to their customers after claims. The document includes the investigation made of the consumers' particular case and what the course of action will be to solve the problem acccording to the terms and conditions of the good purchased or the service rendered.
If adjustment letters have <em>positive outcomes </em>for the consumer should provide the news at the openning. If <em>negative</em>, it is better to explain the reasons of the denial first and state the result at the end. Then, an example of a good opening for an adjustment letter would be:
<em>"You rightly expect only the best quality from the Yuma brand, and this is why we will gladly provide you with a brand-new gym bag that features our trademarked".</em>
Answer:
$905,800
Explanation:
Calculation for Cost of goods sold
Total manufacturing costs $ 920,000
Add Begining Work in process inventory 97,000
Less Ending Work in process inventory (119,000)
Cost of goods manufactured $898,000
Add Begining Finished goods inventory $148,000
Less Ending Finished goods inventory$ (140,200)
Cost of goods sold $905,800
Therefore the Cost of goods sold is calculated to be: $905,800
Answer:
$494,000
Explanation:
Days Amount Estimated % Estimated amount
outstanding Uncollectible uncollectible
0-30 $420,000 2% $8,400
31-60 $140,000 5% $7,000
61-120 $100,000 10% $10,000
120+ $120,000 20% <u>$24,000</u>
Total <u>$494,000</u>
Thus, Jacobsen should report $494,000 as the amount of allowance for uncollectible accounts at December 31, 2021
The A division refused to accept 20$ because he think he’s worth more than that of division B