All states must accept the laws and records of other states as valid.
Section 1 states that if a state sanction a public act, record or judicial proceeding according to the manner in which Congress's law prevented, it must be recognized by other states.
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.
He fired them because they all went on a strike illegally
It’s in the northern hemisphere
