Answer:
1: The correction option is B) Negative
Explanation
In economic theory, the Philips curve depicts the relationship between unemployment and inflation as a negative one. In order words, when inflation goes up, unemployment reduces.
The logic behind that thinking is, that inflation, which is the general increase in prices of goods/commodities and services is good for business. Business owners are quick to adjust to higher prices regardless of how it is induced and sometimes even profit from it in sectors not affected by inflation. So in such sectors, as business improves, it is assumed that there is a requirement to being in more hands to help with the expansion of the business.
2. The correct option is B) Holds for certain time periods
Explanation
Social scientists and researchers have plotted the data across various periods (20 years) using data from the US economy.
The following results emerged:
- the traditional relationship between inflation and unemployment held in 2001 during the mild recession triggered by the 9/11 situation. Unemployment took an upward spiral averaging an increase of 6% while inflation nosedived by 2.5%;
- Another snapshot was taken in the mid-2000s. This time unemployment went belly-up by several degrees, while inflation took off in the opposite direction by almost 5% before receding in 2006 when unemployment bottomed;
- In another analysis, the consumer price index took a steep downward dive during the Great Recession. This time, unemployment took a bullish charge, going up as much as 10%
- This negative relationship failed to hold between 2012 to 2015. Both factors developed a positive relationship and moved in the same direction;
- There has also been a loss of strength in the negative relationship as also seen in recent times. Specifically, between 2016 to 2019 where unemployment has steadily receded to 50-year lows, with inflation remained steady at an average of 2%.
So the correct answer is B.
3. The correct answer is True:
Explanation
As seen from the analysis above, the negative relationship remains largely true for most of the periods examined. Hence it is more pragmatic to expect a dip in unemployment whenever there is a spike in the CPI.
Cheers
Answer:
Initial amount;
2110.6
Common ratio;
0.0201
Equation;
Step-by-step explanation:
In this scenario, the month represents the independent variable x while the membership amount represents the dependent variable y.
The analysis is performed in Ms. Excel. The first step is to obtain a scatter plot of the data then finally inserting an exponential trend line to obtain the required equation.
The Ms. Excel output is shown in the attachment below. To obtain the initial amount we substitute x = 0 in the equation. On the other hand, the common ratio is the exponent in the equation.
Answer:
all students on the track-and-field team
Step-by-step explanation:
if the coach wants to find out if they prefer track or field he/she has to ask the people who are experiencing it right now and tell him or her if they prefer this or not
Find area of square: 7^2 = 49
Find radius of circle: 7/2=3.5
find area of circle: 3.5^2*3.14=38.465
Remove area of circle from area of square:
49-38.465=10.535 cm^2
Answer A is the correct one :)
1:5=1/5
1/5=20/100
20/100= 20%
20% of bag is pink marbles
