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stepan [7]
3 years ago
8

If the natural rate of unemployment is 5%, and the actual rate of unemployment is 4%: a the short-run Phillips curve will shift

down. b disinflation is likely to occur. c there will be no effect on prices. d inflation will increase. e deflation is likely to occur.
Business
1 answer:
fiasKO [112]3 years ago
3 0

Answer: d. inflation will increase.

Explanation:

The Natural rate of unemployment is the long term rate of unemployment which means that it is the rate associated with the Potential GDP.

If the Actual unemployment is less than this natural rate, it means that the Economy is performing better than the potential GDP. When this is happening, it means that the economy is overheating.

One of the symptoms of an overheated economy is increased inflation as more people can afford to buy goods and services. Inflation is therefore more probably rising in this economy.

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5 0
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Which statement is false? a. Characteristics that would make a misstatement material include: The relative size of the misstatem
Sergeeva-Olga [200]

Answer:

The correct option is  "<em>d." Characteristics that would make a misstatement material include: The misstatement makes it probable that the judgment of a reasonable person relying on the information would have been changed or influenced by the omission or misstatement.</em>

Explanation:

<em>A misstatement </em>is a false or incorrect statement. So a material misstatement is a significant statement that is false or incorrect. In the context of a financial audit, a material misstatement is untrue information in a financial statement that could affect the financial decisions of one who relies on the statement.

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3 years ago
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Answer:

Explanation:

Statement of retained earning represent the changes in retained earning balance during the year and accumulated beginning balance of the period and Ending balance as well. It deals with all the adjustment in retained earning like net income transfer  fro the year, dividend paid during the year etc.

                    Splish Corporation

           Retained Earning Statement

  for the year ended December 31, 2020

                                                                          $

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5 0
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False

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4 0
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All of the following components are commonly found in rental housing agreements EXCEPT:
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Based on my knowledge,

C. What type of renter's insurance the renter must buy

All other answers are very common.
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