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2 years ago

Okun’s law suggests that:

Business

1 answer:

slega [8]2 years ago

8 0

Answer:

a. A 1% increase is a positive output gap decreases the unemployment rate by 0.5%

Explanation:

Okuns law looked at the relationship between unemployment and output empirically.

It states that that for every 1% increase in the unemployment rate, positive output gap falls by roughly 2%.

I hope my answer helps you.

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"7 out of 10 dentists recommend brand x toothpaste". this finding is based on the results of a survey of 10 randomly selected de

HACTEHA [7]

The problem with this survey is: <span>The sample is too small so it is a flawed sampling method
The survey with this kind of small number often does not represent the truth of the general recipients simply because it does not leave enough room for margin of errors.
</span>

6 0

2 years ago

Assessments of the currency of diversity plan

NikAS [45]

The assessments of the currency of diversity plan is one that is centered around making a diversity plan that entails a lot of steps to make sure that the institution is said to be prepared to make a diversity plan.

It is one that seek to recognizes its role inside of a diverse community, and it is one that handles diversity in a meaningful and vital way.

<h3>What is in a diversity plan?</h3>

A diversity plan is known to be a kind of an actionable plan that tells more about one's business and how one can go about then.

It is one that is made up of people from a lot of backgrounds. It is a said to be a kind of a commitment by the company to make an environment that is fair.

Hence, The assessments of the currency of diversity plan is one that is centered around making a diversity plan that entails a lot of steps to make sure that the institution is said to be prepared to make a diversity plan.

Learn more about diversity plan from

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8 0

1 year ago

Nick lives in San Diego and loves to eat desserts. He spends his entire weekly allowance on jello and pie. A bowl of jello is pr

OlgaM077 [116]

Answer:

Yes.

Explanation:

Market rate of exchange of jello for pie:

= Price of a piece of apple pie ÷ Price of jello

= $3.75 ÷ $1.25

= 3.00

At his current consumption point, Nick's marginal rate of substitution (MRS) of jello for pie = 3

Since MRS = Px/Py, hence, at this point of consumption bundle he is having a maximum level of utility.

Therefore, there is no need to change his consumption bundle because he is already at his maximum level.

4 0

3 years ago

How to become a store owner 100 points

Free_Kalibri [48]

Answer:

Buy a store

Explanation:

If you buy a store, then you become a store owner.

You were probably looking for more detail, but this is the best I can do for now.

7 0

2 years ago

Read 2 more answers

Imagine that two goods are available to you: apples (X) and pears (Y). You like apples half as much as pears. If your fruit budg

goldenfox [79]

Answer:

the value of the MktRS (market rate of substitution) is 0

Explanation:

The computation of the market rate of substitution is shown below:

Since it is mentioned that

You like apples half as pears

So the equation would be

X = 1 ÷ 2 Y

X ÷ Y = 1 ÷ 2

Now the market rate of substitution of the price is

= $2 ÷ $4

= 1 ÷ 2

So,

= 1 ÷ 2 - 1 ÷ 2

= 0

Hence, the value of the MktRS (market rate of substitution) is 0

The same is to be considered

3 0

3 years ago