All categories

2 years ago

A short-run phillips curve shows an inverse relationship between

Business

1 answer:

photoshop1234 [79]2 years ago

6 0

Answer: unemployment rate and the inflation rate.

Explanation:

The Phillips curve shows the relationship that exists between inflation and unemployment rates. The short-run Phillips curve looks like an L-shape and it reflects the inverse relationship between the two variables i.e unemployment and inflation.

As unemployment rates rises, inflation reduces and as unemployment rates reduces, inflation increases. A reduction in the aggregate supply will lead to a rightward shift the short run Phillips Curve.

You might be interested in

Navy core values, though fundamental to Naval operations, are overlooked in a TCRM situation. A ) True B ) False

pshichka [43]

Answer:

The correct answer is B) False.

Explanation:

The values of the army must always be taken into account, because they are the fundamental pillar of the institution. Any task or function that is performed in it, must be in accordance with those values, since otherwise it would be going in reverse to its missionary task.

7 0

3 years ago

The following three independent sets of facts relate to contingent liabilities: 1. In November of the current year an automobile

aalyn [17]

Answer:

Situation 1 is a probably contingency. This recall is occurring and can be estimated as costing $2 million. This amount should be charge to the warranties payable and warranties expense accounts.

Date

Particulars

Ref.no

Debit $

Credit $

Warrantee expenses

20,00,000

Warranty payable account

20,00,000

[To record the estimated claims]

Comment

Step 3 of 3

Situation 2 is a reasonable contingency. The costs are possible and there are rough estimates for cleanup but there are also rough estimates about reimbursements for property damage. This situation would be disclosed on the balance sheet.

Situation 3 is a remote contingency. There is a small change that there could be property damage but there is no way to determine how much or what the costs could be. There is no amount marked down for this situation

Explanation:

5 0

3 years ago

What is the smallest level at which life may exist

DerKrebs [107]

CELL is the smallest level.........

6 0

3 years ago

Alpha Sounds Corp., an electric guitar retailer, was organized by Michele Kirby, Paul Glenn, and Gretchen Northway. The charter

snow_lady [41]

I just needed some points to figure things out i don’t do anything else

7 0

3 years ago

An employer provides each of its employees with life insurance protection equal to three times the employee's annual salary. Ann

tino4ka555 [31]

Answer:

On the off chance that you kick the bucket during the term, a passing advantage is paid out. On the off chance that you don't pass on during the term, the approach ends toward the finish of the term.

A noteworthy advantage of this sort of approach is that the excellent cash come back to you is totally tax-exempt, as it isn't viewed as salary yet just a discount of premiums.

As you're looking into term life coverage approach choices, you may go over the expression yearly sustainable premium.

Be that as it may, for an every year sustainable premium term approach, the top notch will build every year. After some time it's conceivable to pay more in premiums than what might have been paid for a level premium term approach.

3 0

3 years ago