Answer and Explanation:
Phelps criticized Friedman's position, because he said it was totally irrelevant to analyze the tax functions of inflation without assessing product demand, as Friedman suggested in his theory. He stated that this would only be possible if there was a way to predict an optimal rate of inflation in different situations of demand and supply, otherwise, in Phelps' words it would be the same as "Professor Friedman gave us Hamlet without a prince".
Phelps' positioning would be better considered by the RBC model, since this model is based on real and not imaginary facts.
Answer:
Transduction
Explanation:
A transducer is a device which deals with the conversion of a form of energy from one form to another, usually converting signals. There are mechanical and electrical transducers, the former dealing with converting physical quantities into mechanical quantities, while the latter deals with converting physical quantities into electrical quantities. The digital scale used by Bethany is an electrical transducer. Transduction is therefore the process of converting one form of energy to another.
Answer:
I got you
Explanation:
to give brainiest you first need two answers. after you have 2 answers there should be crown either on the top of the answers of on the bottom by the ratings. after you find the crowns you click on them and boom you gave brainiest.
