Answer:
B. number of percentage points annual output falls for each percentage point reduction in inflation.
Explanation:
The Sacrifice Rate is the loss of output due to the fight against inflation, and can be expressed as how much product is lost to reduce inflation by 1 percentage point.
The Sacrifice Rate is a proposition by economist Robert Lucas Jr, who noted that the slowdown in long-term inflation is associated with a reduction in the production of goods and services for a certain period until economic agents adapt to the new reality. pricing and restructuring their expectations of the economy. Therefore, the social cost of fighting inflation is a reduction in GDP and an increase in the unemployment rate.
Based on this context, we can conclude that the correct answer to your question is the letter B.
Answer:
He just basically coined the term principle of the least interest.
Answer: labeling themselves as well as other individuals by gender (i.e.-male or female
)
Explanation:
Gender schema theory is the concept that states about individuals or society that tend to categorize the gender in cognitive process.People use their knowledge, role etc to generate sex type characteristic for other individuals.
Children tend to understand the gender roles way earlier than they understand consistency of gender.They also relate with the characteristics based on gender to label other people as male and female.
This congnitive process provides guidance to children to understand scheme of gender and the function of transmitting roles and features accordingly to other people.
Answer:
Cuba's economy reforms from a comparative per-sepctive
