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.
Answer:
They are not distinct.
Explanation:
When making a statement that is made up different main points, it is important to seperate them into distinct entities that can be easily identify by the reader.
This eases understanding of the reader and makes the piece more appealing.
In this scenario two main points are as follows: (1) Many vampire series have introduced werewolves into the mix. (2) The Twilight series introduced Jacob, a werewolf, into the series.
This is actually a single point broken into 2. Many vampire series like Twilight series introduced werewolves into the mix.
Answer:
The last one
Explanation:
A SMART goal always start with 'I will', this one starts with 'I want'
Answer:
A. choosing installment plans for both items
Explanation:
on edge
Answer:
Common size statements
Explanation:
A common size statement is when line items in a financial statement are shown as percentages of a common base figure. For example, line items are shown as percentages of value of revenue in the income statement.
I hope my answer helps you