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
Why would anyone select a bank that has unfavorable overdraft policies
OlgaM077 [116]

Answer:

The person may not have options due to age and distance and disabilities.

Explanation

6 0
2 years ago
If you co-sign for a friend's credit card, what is the danger to you if your friend fails to pay? A. You might get secured credi
klasskru [66]

Answer:

The correct option is C

Explanation:

When the person who co- sign for a credit card of a friend, then the person will be in a danger of lowering its own credit score if the person's friend fails to pay for the payment.

Credit score is a expression in terms of numerics grounded on the level analysis of the credit files of the person and also represent the credit worthiness of the person. It is used by lenders for determining who qualifies for the loan and for credit limits.

7 0
3 years ago
Read 2 more answers
Kerry wants to start a business to sell handmade jewelry. She is very competent at making the jewelry and teaching others to mak
torisob [31]
Your answer is.......C) Natalie, who has business experience with accounting, management, and marketing
3 0
3 years ago
Bravo Industries intends to retire $950,000 in short-term debt using proceeds from the sale of 30,000 shares of common stock. Th
harina [27]

Answer:

the amount that should be excluded from the current liabilities is $750,000

Explanation:

The computation of the amount that should be excluded from the current liabilities is shown below;

= Number of shares in the common stock × selling price per share

= 30,000 shares × $25

= $750,000

Hence, the amount that should be excluded from the current liabilities is $750,000

7 0
3 years ago
ABC Hospital invests $5,095,000 in a joint venture with a reputable oncology group and the hospital agrees to a 55% interest in
Vsevolod [243]

Answer:

Year Cash Flow Cumulative Cash flow Discounted Cash Flow(8.9%) 0 $5,095,000 $5,095,000 $453,455 1 $1,500,000 $3,595.000 $3,141,5452 $3,000,000 $ 595,000 $141,5453 $4,500,000 ($3,905,000) $3,4515454 $6,500,000ABC Hospital will get ROI in 3 years, this option I would recommend to the CEO.

Subscribe to unlock

8 0
3 years ago
Other questions:
  • The midpoint method is used to compute elasticity because it A. automatically rounds quantities to the nearest whole unit. B. gi
    11·1 answer
  • assume that the marginal propensity to consume is 0.90 and autonomous consumption expenditures equals $100 billion. Further, ass
    10·1 answer
  • 1) Household spending on goods and services is known as A) consumption spending. B) planned investment spending. C) government p
    6·1 answer
  • last month, the tecumseh corporation supplied 400 units of three-ring binders at $6 per unit. this month, the company supplied t
    15·1 answer
  • How can a country's stock exchange help people to save and invest in money
    9·1 answer
  • Country X can cut, prepare, and export lumber using fewer worker hours than Country Y. Country Y can produce lumber but produces
    14·1 answer
  • A small multifamily property generates $50,000 in rental income, $10,000 in expenses, and $25,000 in debt service. The property
    9·1 answer
  • What can a speaker do to ensure that they are respectful of their audience, especially when speaking to a skeptical audience or
    8·1 answer
  • If a firm borrowed money on a six-month bank loan, the firm's working capital immediately after obtaining the loan, relative to
    6·1 answer
  • Determine the future value if $5,000 is invested in each of the following situations: 7 percent for seven years
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!