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Serjik [45]
3 years ago
12

The Phillips curve was ________. Group of answer choices all of the choices are correct. adopted by economic policy teams in the

Kennedy and Johnson administrations discredited in the 1970s, when both inflation and unemployment were relatively high influential in efforts to bring the unemployment rate down to low levels
Business
1 answer:
alekssr [168]3 years ago
5 0
Jared works in a clothing store and hears a customer complain about a damaged shirt he bought. What behavior can Jared show to demonstrate good communication skills with a client? o) prevent the customer from quickly explaining the store's return policy o b) return what they heard once the customer has finished talking c) ask the customer how the shirt was damaged d) promise the customer a full refund even though it is against the policy
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Pl lumber stock is expected to return 22 percent in a booming economy, 15 percent in a normal economy, and lose 2 percent in a r
LekaFEV [45]
                    Expected rate of return           Probabilities
Booming                22%                                    5%
Normal                  15%                                   92%
Recession               2%                                     3%

The expected rate of return on this stock is solved by multiply each expected rate of return to its corresponding probability and getting the sum of all products.

Booming: 0.22 x 0.05 =  0.011
Normal:   0.15 x  0.92 = 0.138
Recession 0.02 x 0.03 =<u> 0.0006</u>
Sum total                     0.1496  or 14.96% is the expected rate of return on this stock

3 0
3 years ago
Which statement best describes why it’s difficult to sell a home during a recession? :)
Fed [463]
Demands greatly increases
8 0
4 years ago
Read 2 more answers
T-Shirt Enterprises is selling in a purely competitive market. It is producing 3,000 units, selling them for $2.00 each. At this
yarga [219]

Answer:

shutdown in the short run

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

A firm should shut down in the short run if price is less than average variable cost.

for T-Shirt Enterprises, price is $2 which is less than average variable cost

3 0
4 years ago
Suppose a new manufacturing technology results in an expansion in the supply of golf balls in the United States of 15%. If the e
Lapatulllka [165]

Answer:

If the elasticity of demand of golf balls sold in the US is -0.4, the new equilibrium price will be -37.5% less price

Explanation:

In order to calculate the new equilibrium price If the elasticity of demand of golf balls sold in the US is -0.4 we would have to use the following formula:

Price elasticity of demand= percentage change in quantity demanded /percentage change in price of the good

According to the given data we have the following:

Price elasticity of demand=-0.4

percentage change in quantity demanded=15%

Therefore, -0.4=15%/percentage change in price of the good

percentage change in price of the good=15%/-04

percentage change in price of the good=-37.5%

Therefore, If the elasticity of demand of golf balls sold in the US is -0.4, the new equilibrium price will be -37.5% less price

8 0
3 years ago
Three different objectives relate to a firm's profit, which is often measured in terms of return on investment. One objective, k
mars1129 [50]

Answer: Managing for Long-Term Profits

Explanation:

When the immediate profit is given up by companies by developing quality products in order to penetrate competitive markets over the long term.

Products are priced relatively low when compared to their development cost, but the company later expects to make greater profits because of the company's high market share.

6 0
3 years ago
Read 2 more answers
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