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Nezavi [6.7K]
3 years ago
15

A simultaneous increase in both unemployment and inflation is most likely to be the result of a(n): Group of answer choices decr

ease in the aggregate demand. increase in short-run aggregate supply. simultaneous outward shift of the aggregate demand and supply curves. decrease in the short-run aggregate supply. increase in long-run aggregate supply.
Business
1 answer:
sesenic [268]3 years ago
8 0

Answer: Decrease in the short run aggregate supply. increase in long run aggregate supply

Explanation:

assuming the wage stays constant in the short run (price of labour), an increase inflation/general prices will lead to a decrease in the Supply of labour because the current wage is no longer enough to cover the same number of goods people used to buy which will then increase Unemployment. The Labor market will experience a situation where inflation and unemployment are increasing at the same time

The Supply of Labour will increase in the Long run because the wage price will have sufficient time to adjust and increase to a new equilibrium level. .an increase in wage price will increase the quantity of supplied.

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In China during the 1950s, a group of collective farms, each of which contained more than 30,000 people who lived and worked tog
finlep [7]

Answer:

A commune.

Explanation:

A commune can be understood as a group of people who live together in the same environment and share their duties and responsibilities with one another. They are considered as sharing some mutual interest that helps in the survival of each member of that particular surrounding or environment. Similarly, in China during the 1950s, a group of collective farms, each of which contained more than 30000 people who lived and worked together was regarded as a commune.

7 0
3 years ago
Assume you’ve got terrific credit: What would be your likely APR for purchases or balance transfers?
Zielflug [23.3K]

Answer:

The APR stands for the annual percentage rate, and you can hope for a credit card with the least APR since you have good credit. It is the interest rate that is charged annually over the credit you spend. And the average credit card APR is 15.09, as mentioned in the February report. And on account that assesses interest, on average the APR is 16.91. And hence an APR below the 17.57, can be considered as a good one. And hence, this can be your APR for purchases or the balance transfers since you have a terrific credit.

Explanation:

Please check the answer section.

4 0
3 years ago
It's important to note that sometimes private solutions to externalities do not work. For example, this occurs when an excessive
Svetlanka [38]

Answer:

Transaction cost

Explanation:

Transaction cost is the cost that is typically in money or time format. It is the cost involved in the context of time or money when a decision is made or an agreement has been reached.

So according to the given situation, there is an excessive amount of time or money spent on parties so that it could be reached to an agreement

Therefore it represents the transaction cost

6 0
3 years ago
What economic theory did Ronald Reagan base his policies upon after becoming President in 1980?
m_a_m_a [10]
<span>Supply-side economics is the economic theory that Ronald Reagan base his policies upon after becoming  President in 1980.Supply side economics theory is about being focus on the capital or supply in order to grow the economy. It is also called as macroeconomics theory.</span>
7 0
3 years ago
You deposit $5000 at end of each year for 10 years. assume you are earning 8.88% per year for the entire problem. after 10 years
yan [13]
I say around 15-25 yrs but really i am not sure just being honest 

8 0
3 years ago
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