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Lady bird [3.3K]
3 years ago
11

What is 165% as a decimal

Mathematics
1 answer:
AlexFokin [52]3 years ago
5 0
p\%=\frac{p}{100}\\\\therefore\\\\165\%=\frac{165}{100}=1.65\\\\or\\\\165\%=\frac{165}{100}=\frac{165:5}{100:5}=\frac{33}{20}=1\frac{13}{20}
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A. Economic theory describes the relationship between inflation and unemployment as:
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1: The correction option is B) Negative

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In economic theory, the Philips curve depicts the relationship between unemployment and inflation as a negative one. In order words, when inflation goes up, unemployment reduces.

The logic behind that thinking is, that inflation, which is the general increase in prices of goods/commodities and services is good for business. Business owners are quick to adjust to higher prices regardless of how it is induced and sometimes even profit from it in sectors not affected by inflation. So in such sectors, as business improves,  it is assumed that there is a requirement to being in more hands to help with the expansion of the business.

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Explanation

Social scientists and researchers have plotted the data across various periods (20 years) using data from the US economy.

The following results emerged:

  • the traditional relationship between inflation and unemployment held in 2001 during the mild recession triggered by the 9/11 situation. Unemployment took an upward spiral averaging an increase of 6% while inflation nosedived by 2.5%;
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So the correct answer is B.

3. The correct answer is True:

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As seen from the analysis above, the negative relationship remains largely true for most of the periods examined. Hence it is more pragmatic to expect a dip in unemployment whenever there is a spike in the CPI.

Cheers

6 0
3 years ago
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Answer:

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