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.
The next guesses of the clerk should be less of red shells and more of white shells.
<h3><u>Decision about less of white and more red shells</u>:</h3>
Given that,
Red shell [r] costs = $0.75 each.
White shell [w] costs = $0.49 each.
Total of 8 shells = $4.70
The clerk guesses that the $4.96 for 4 red shells and 4 white shells is greater than the actual purchase.
Therefore,
The clerk should make use of less red shells, and more of white shells, because the unit costs of red shell is more than the white shell.
Learn more about equations, refer:
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Economic stimulus Answer:
Explanation:
To choose non-adjacent items, hold down the _SHIFT_BUTTON____ key and connect to the desired items.
<h3>Which key is pushed from the keyboard to set the nonadjacent files folders?</h3>
To use the keyboard to choose a group of icons that are not adjacent, pick the first file, hold down the Ctrl key, and use the arrow keys to move through the list; press the spacebar for per file you want to select.
Select the row number to set the entire row. Or select on any cell in the row and then click Shift + Space.To select non-adjacent rows or columns, hold Ctrl and choose the row or column numbers.
To learn about SHIFT BUTTON visit the link
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Answer:
producers of the bags of popcorn because they will sell more to the movie theater