1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Greeley [361]
3 years ago
11

​If, in the long​ run, real GDP returns to its potential​ level, then in the long​ run, A. the Phillips curve represents a struc

tural relationship. B. the Phillips curve is upward sloping. C. the Phillips curve is vertical. D. the Phillips curve disappears.
Business
2 answers:
Arada [10]3 years ago
7 0

Answer:

C. the Phillips curve is vertical

Explanation:

Philips Curve shows the inverse relationship between inflation rate & unemployment level. High inflation rate implies low unemployment rate; and low inflation rate implies high inflation rates. Economic growth (output rise) leads to inflation & reduces unemployment ; Economic slowdown (output fall) leads to deflation & increases  unemployment.  

However; In long run, real GDP (output level) returns to its potential​ level. So; output level defining the inverse relationship (trade off) between inflation rate & unemployment level, is stable. Hence, inflation rate & unemployment level have no inverse (trade off) relationship & they are unrelated. Therefore, the long run Phillips curve is vertical.  

RUDIKE [14]3 years ago
4 0

Answer:

C. the Phillips curve is vertical

Explanation:

  • The potential GDP is expressed as the level of the production of the goods and the services that the economy is capable of producing and part of its workforce is fully e played and the capital stocks are fully used and the real GDP is the output of the goods and services.
  • The shift in the curve as a way to show the newly chosen inflation and natural rates of the unemployment, thus in long run the curve becomes vertical due to the no trade-offs between the inflation and unemployment.
You might be interested in
If a purely competitive firm is currently facing a situation where the price of its product is lower than the average variable c
Daniel [21]

Answer: B) the firm will shut down in the short run, but stay in the industry in the long run if it expects the product price to rise high enough soon.

Explanation:

If a purely competitive firm is currently facing a situation where the price of its product is lower than the average variable cost, but it believes that the market demand for its product will increase soon, then the firm will shut down in the short run, but stay in the industry in the long run if it expects the product price to rise high enough soon.

7 0
3 years ago
Read 2 more answers
A producer using very aggressive promotion to get final consumers to ask intermediaries for a new product has a(n) ________ poli
UkoKoshka [18]

Answer:

The correct answer that fills the gap is Pulling.

Explanation:

This activity corresponds to Inbound Marketing, which is also called Attraction Marketing 2.0. This type of marketing is a marketing technique that aims to attract potential customers (prospects) through information of interest using different content formats (articles, videos, animations, infographics, ebooks, etc.) in the channels of digital communication of the company (blog, social networks, electronic newsletters, etc.). Attraction Marketing, instead of focusing directly on sales, as does more traditional marketing (sometimes known as interruption marketing), focuses on providing information to the potential consumer, so that it takes that company by an expert in the theme.

6 0
3 years ago
Aiden just landed a new full time job with a great salary. He currently lives in Virginia, but his new job is in Oregon. One of
olasank [31]

Answer:

<u>benefit</u> in terms of monetary assistance for relocating as there will be huge cost incurred by Aiden in relocation, as this is also important to relocate as the distance is too much that daily travelling is not possible, and for him Oregon is a new city and finding an accommodation is itself challenging therefore, when company at-least reimburses such cost of relocation it turns easy and removes a burden for relocation. Further this cannot be considered as wage or perk as this is not regular in nature and will not occur permanently.

3 0
3 years ago
Golden Enterprises started the year with the following: Assets $107,000; Liabilities $37,000; Common Stock $67,000; Retained Ear
Tema [17]

Answer:

$3,650

Explanation:

Given that,

Assets = $107,000;

Liabilities = $37,000;

Common Stock = $67,000;

Retained Earnings = $3,000

Amount of net income:

= Revenue - Expenses

= $5,700 - $3,350

= $2,350

Closing retained earnings:

= Retained earnings at the start + Current year net income - Dividends paid

= $3,000 + $2,350 - $1,700

= $3,650

Therefore, the Golden's retained earnings at the end of the year is $3,650.

6 0
3 years ago
Miss Kitty's Chocolate Corral is located in an out-of-the-way small shopping center. However, the company enjoys outstanding bus
juin [17]

Answer:

D. Word of Mouth

Explanation:

Word of mouth also referred to as viva voce, is the passing of information from person to person using oral communication,

Word of Mouth can be as simple as telling someone the time of day.

An Example of Word of mouth is Storytelling; A common form of Word Of Mouth communication where one person tells others a story about something that really happened or a fictional event.

In marketing, Word of Mouth is An unpaid form of promotion or advertisement in which satisfied customers or users of a particular product or services tell other people how much they like a business, product or service.

Word of Mouth advertising is very important for every business, because each happy customer can steer dozens of new customers to come and patronise you.

From the question, Kitty's company are making good sells and have many customers despite their location because of the positive and delightful things their satisfied customers say about them to other people. Thus Miss Kitty is benefiting from A positive Word Of Mouth.

8 0
3 years ago
Other questions:
  • A large bureaucratic organization is about to undertake a massive change in the way they do business. these changes will include
    11·1 answer
  • Company policy for internal control should include all of the following except
    14·1 answer
  • When an externality is present, the market equilibrium is a. efficient, and the equilibrium maximizes the total benefit to socie
    10·1 answer
  • Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8,838. The
    7·1 answer
  • Find the present worth in year 0 of $60,000 in year 3 and amounts increasing by 15% per year through year 10 at an interest rate
    12·1 answer
  • What is happening to the economy in the United States? Why?
    9·1 answer
  • Pamela applies for a life insurance policy with forever young insurance company. when completing the application form about past
    8·1 answer
  • The following table reports real income per person for several different economies in the years 1960 and 2010. It also gives eac
    13·1 answer
  • Budgets that are revised by adding a new quarterly budget to replace the quarter that just elapsed are called: A) Production bud
    8·1 answer
  • What is a step a bank can take to protect itself from loan defaults which can lead to recessions?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!