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Ray Of Light [21]
3 years ago
6

A negative supply​ shock, such as the OPEC oil price increases of the early​ 1970s, can be illustrated by a shift to the​ ______

________ of the​ short-run aggregate supply curve and a shift​ _________________ of the​ short-run Phillips curve.
Business
1 answer:
nexus9112 [7]3 years ago
3 0

Answer: Leftward; upwards.

Explanation: A Supply shock is a term used to describe the sudden and unexpected change in the supply of a given product or commodity usually indicated by the leftward shift if the shock is negative in the aggregate supply curve and an upward change in direction in the Phillips curve both on the short run. Both curves are used to demonstrate graphically the impacts of shifts in supply for a given product or commodity.

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The U.S. work week has declined from 60 hours in 1890 to 40 hours today. The impact of the decline in working hours:________
Len [333]

Answer:

It will Decreases U.S. real GDP and on the other way round it will increases the well-being of a typical working person in the U.S.

Explanation:

The impact of the decline in working hours is that it will Decreases U.S. real GDP and on the other way round it will definitely lead to increase in the well-being of a typical working person in the U.S. because of the decline in the U.S work week which was formally 60 hours in the 1980 but now 40 hours today because a typical working person will have more time for him/her and the stress involved in working for 60 hours per week will reduce when compared with working for 40 hours per week because a typical working person in the U.S will preferred to work for 40 hours per week than 60hours per week for the betterment of their well being.

4 0
3 years ago
How can business activity affect the government?
algol13
Businesses often engage in a variety of tactics to influence government policy. This includes lobbying, political contributions, and interest group politics.
8 0
2 years ago
Based on the following information, prepare the bank reconciliation for Cougar Corp. as of December 31. A. On December 31, Couga
True [87]

Answer and Explanation:

The Preparation of bank reconciliation for Cougar Corp. as of December 31 is shown below:-

                                         <u>Cougar Corp.</u>

                                    <u>Bank reconciliation</u>

                          <u>For the year ended December 31</u>

<u>Particulars                                                Amount</u>

Bank balance Dec 31                            $24,575

Add: Deposit in transit                            $2,500

Less:

Outstanding checks #302          ($180)

Outstanding checks #303          ($95)

Outstanding checks #304          ($25)     ($300)

Bank balance adjusted                             $26,775

Cash balance on 31 Dec                             $26,504

Add: EFT from customer             $1,700

Add: Interest income                   $21            $1,721

Less: Posting error

($5,400 - $4,500)                         $900

Less: NSF check                            $500     $1,400

Book balance adjusted                               $26,775

Hence, the bank balance and the book balance are matched

8 0
2 years ago
WILL GIVE BRAINLIEST !!!!!
My name is Ann [436]

Answer:

Slot one is C, Creativity, it's the only one that would really fit into the slot with making sense. Slot two is also C, Recoursefulness.

Explanation:

Creativity only makes sense since work ethic doesn't fit and her answering the question and creating something doesn't prove listening skills. Kevin does use behavorial skills but if you try repeating the sentence back to yourself and put Behavorial Skills in the blank, it doesn't flow like it's supposed to. When you go back to option B and C it's pretty obvious the only answer that would make sense is Recoursefullness, it also proves it in the text; "when he figures out a way to use the materials he has in the office to create the application."

7 0
2 years ago
Read 2 more answers
____________ tend to focus on the logical soundness and preciseness of ideas, rather than the ideas’ practical values; they tend
lapo4ka [179]

Answer:Assimilitors

Explanation:

The assimilators are the individuals who depend on the reflective observation and conceptualization on abstracts.

These are the set of individuals who seems to more concerned about the abstract ideas and concepts rather than concerned about about other people. The assimilators also focus on how precise and logically sound an idea is, rather than focusing on the practical values of the ideas. .

7 0
2 years ago
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