assume that the united states economy is currently in a short run equilibrium with the actual employment rate above the natural rate of unemployment.
draw a single correctly labeled graph with both the long-run Phillips curve and short-run Phillips curve. Label the current short-run equilibrium point P.

Answers

Answer 1

The short-run equilibrium is above the natural rate of unemployment, indicating that the economy is currently experiencing inflation.

The short-run Phillips curve shows the trade-off between inflation and unemployment in the short run, with P representing the current equilibrium point. The long-run Phillips curve is vertical at the natural rate of unemployment, indicating that in the long run, there is no trade-off between inflation and unemployment. As the economy adjusts, the short-run Phillips curve shifts to the left until it intersects with the long-run Phillips curve at the natural rate of unemployment. At this point, inflation returns to its expected rate, and the economy operates at its potential output level.

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Related Questions

donovan company projects sales for the year 2019 to be $32,000,000. for the past 5 years, donovan’s gross profit margin has averaged 45%. what amount should donovan company project for gross profit for 2019?

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Answer:

$17,600,000 I took this test and this is it!

How do alternatives relate to thoughtful decisions

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Answer:they help give better chances of making a good decision the longer the list of alternatives are.

I attached a pic of my question, pls help.

I attached a pic of my question, pls help.

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Farmer raising sheep.

Farmer raising sheep

in a business cycle, a trough occurs when

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In a business cycle, a trough occurs when the business is at a low economy, from where it again starts to grow.

A trough in a business cycle denotes the lowest point in economic activity before the economy begins to recover and expand once more. The level of economic output is at its lowest and unemployment rates are frequently high during a trough.

When economic growth has slowed or stopped, and economic indicators like the Gross Domestic Product (GDP), industrial production, and employment are at their lowest points, this is the stage of the business cycle. Following a trough, the economy begins to bounce back and the expansion stage of the business cycle starts.

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Why do economists use circular flow models?
A. To track how different investments gain and lose value over time
B. To identify the causes of major economic changes in a country
C. To predict how a country's economy will respond to a proposed
change
D. To show how money moves through different parts of an
economy

Answers

Answer:

d is the right answer if the question

Economists use circular flow models to show how money moves through different parts of an economy. Hence option D is correct.

These models provide a simplified representation of the economy by illustrating the flow of money, goods, and services between households, businesses, and the government. By mapping out the interactions and exchanges, economists can analyze the circular flow of income and expenditure, helping them understand how economic activities are interconnected.

This model allows economists to study the effects of changes in variables such as consumption, investment, government spending, and exports on the overall functioning of the economy. It helps in examining the multiplier effects, identifying leakages and injections, and analyzing the interdependencies within the economic system.

Therefore option D is correct.

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Given the following information, calculate the market price per share of wam inc. net income= $200,000 earnings per share= $2.00 stockholders equity= $2,000,000 market/book ratio= 0.20

Answers

The market price per share= 4.00 dollar

Market to-book ratio is the percentage of the market value of the company relative to its book worth.

WAM Inc's data

Earnings after interest and taxes = $200,000

Earnings per share = $2.00

Stockholders' equity = $2,000,000

Market/Book ratio = 0.20

Computation:

Market-to-Book Ratio = Market capitalization / Book value

0.20 = Market capitalization / $2,000,000

Market capitalization = $400,000

And,

Market value per share = Market capitalization / Number of shares due

Market value per share = $400,000 / 100,000 shares

Market value per share = $4

Note:

Number of shares due = Earnings after interest and taxes / Earnings per share

Number of shares outstanding = $200,000 / $2

Number of shares outstanding = 100,000 shares

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Question 28
Which of the following statements is false for firms in monopolistic competition?
Firms face no barriers to enter the market.
O The long-run economic profits are zero.
O Firm sell identical products.
Firms are price-makers and thus have market power.

Answers

The false statement for firms in monopolistic competition is option c) "Firms sell identical products." So, correct option is c.

In monopolistic competition, firms differentiate their products to some degree, which means they offer similar but not identical products. This product differentiation allows firms to create a perceived uniqueness or brand image for their products, enabling them to differentiate themselves from competitors and potentially capture a larger market share.

Option a) is true because firms in monopolistic competition generally face few barriers to enter the market. There is relatively easy entry and exit, as compared to monopolies or oligopolies.

Option b) is true because in the long run, firms in monopolistic competition tend to have zero economic profits. This occurs because if a firm is earning positive economic profits in the short run, it attracts new firms to enter the market, increasing competition and reducing profits until they reach zero in the long run.

Option d) is true because firms in monopolistic competition have some degree of market power. They have the ability to set prices for their differentiated products to a certain extent, although their market power is limited by the presence of other competing firms offering similar products.

In summary, the false statement is that firms in monopolistic competition sell identical products.

So, correct option is c.

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when an organization has a strong and cohesive organizational culture that controls employee attitudes and behaviors, that company has a(n) culture

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When an organization has a strong and cohesive organizational culture that controls employee attitudes and behaviors, that company has a strong culture.

The Importance of Strong Organizational Culture in Achieving Business Success

Organizational culture is a crucial factor that plays a significant role in the success or failure of a business. A strong and cohesive culture can help control employee attitudes and behaviors, create a sense of belonging and unity, and improve employee engagement and commitment. A strong culture can also help create a positive work environment, which can lead to increased productivity and profitability.

One of the key benefits of a strong organizational culture is that it helps control employee attitudes and behaviors. When employees share a common set of values, beliefs, and practices, they are more likely to align their behaviors with those of the organization. This can help improve overall performance and increase employee satisfaction and engagement.

A strong culture can also create a sense of belonging and unity among employees. When employees feel like they are part of a larger community, they are more likely to work together to achieve common goals. This can help foster collaboration and teamwork, which can lead to better problem-solving and decision-making.

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analysis is a specific type of data analysis that focuses on the composition of the basket, or bundle, of products purchased during a single shopping occasion. multiple choice question. market basket marketing cart combo cart

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The specific type of data analysis that focuses on the composition of the basket, or bundle, of products purchased during a single shopping occasion is known as market basket analysis.

What is Market Basket Analysis?

Market basket analysis, also known as association rule mining, is the study of the items that consumers buy together. It includes the process of identifying items that are frequently purchased together in the same order.

The aim of market basket analysis is to provide retailers with insight into customer buying behaviour by determining which items are frequently purchased together. This analysis can aid in identifying the most popular items, understanding customer preferences and identifying market trends.

Therefore, the correct answer is market basket analysis.

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How many manufacturing companies are in the north Georgia area

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Answer:in addition to being a right-to-work state, with low unionization rates (2.5%), our quality workforce is one reason why companies in automotive, machinery, and plastics industries are experiencing high job growth. Whether you are looking for engineering talent to further innovation in products or processes, or a skilled labor force to work on the plant floor, Georgia has the existing and future workforce to fulfill your hiring needs. Georgia is home to many companies with a history of innovation that has impacted their.

Around 10,000 on average

In an empirical economic analysis, how does the econometric model relate to the economic model? check all that apply.

Answers

The economic model is similar to the econometrics model as Both models attempt variables and its identical to the econometrics model.

Both choose and introduce variables. The econometric model imposes a functional form on the more generally specified economic model. According to the data B and D are true and A and C are false.

Basically, empirical economics analysis is the approach of economics by first indicating the data by the specification of the econometrics model. This is the study of the evidence-based interpretation of data that could be resolved by this empirical method.

During the empirical study, econometrics is the core approach for the economics empirical model.

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6. Put yourself in the role of (a) the prosecutor, or (b) the defense attorney, or (c)
the jury at Tucker's trial. What would you have said?

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As the defense attorney (b) in Tucker's trial, I would have argued that the accusations of stealing funds were baseless and that my client's innovative new car posed a threat to the established auto industry, leading to a conspiracy to bring him down.

Tucker's trial was for wrongful accusations of stealing funds during his efforts to form his own automobile company and manufacture an innovative new car, which posed a threat to the established auto industry, leading to a conspiracy to bring him down, as depicted in the movie "Tucker: The Man and His Dream".

As a defense attorney, I would have argued that the accusations were baseless and motivated by the desire to protect established interests, while highlighting the potential of Tucker's innovation to drive progress and benefit society.

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when an organization chooses to make policy changes to promote better waste management and recycle efforts, this is an example of ______.

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When an organization chooses to make policy changes to promote better waste management and recycle efforts, this is an example of sustainability.

Sustainability is an important aspect of waste management and it involves creating policies and systems that promote the efficient use of resources and reduce the negative impacts of waste on the environment. It is aimed at ensuring that future generations will have access to the same resources that we have today.

In general, sustainability is the idea that we must live in a way that meets our current needs without compromising the ability of future generations to meet their own needs. This means using resources wisely, reducing waste and pollution, and promoting environmental, social, and economic well-being for all. Sustainable practices can be applied to many aspects of our lives, including waste management, transportation, energy production, and more. The goal is to create a sustainable future for ourselves and for the planet.

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_____ is a system whereby managers and employees define goals for every department, project, and person and use them to monitor subsequent performance.
a. Management-By-Objective b. Decentralized planning c Contingency planning d. Planning objectives

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a. Management-By-Objective is a system whereby managers and employees define goals for every department, project, and person and use them to monitor subsequent performance.

The term for the system whereby managers and employees define goals for every department, project, and person and use them to monitor subsequent performance is "management by objectives" (MBO). In an MBO system, objectives are established at all levels of the organization, and progress towards those objectives is regularly reviewed and evaluated. This approach to management provides a clear direction for employees, aligns individual goals with organizational goals, and facilitates communication and collaboration between managers and employees.

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the aging of accounts receivable method is used to estimate bad debts at a certain firm. when accounting staff members total the estimated bad debts from the aging schedule, they have determined:

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what should be the current balance in Allowance for Doubtful Accounts. The balance sheet's total receivables are netted against an allowance for doubtful accounts to show only the amounts anticipated to be paid.

The balance sheet's total receivables are netted against an allowance for doubtful accounts to show only the amounts anticipated to be paid. Estimated by the provision for doubtful accounts is the proportion of receivables that are anticipated to be uncollectible. However, the allowance estimate may be significantly off from how customers really pay.

Regardless of corporate policies and practices for credit collections, a transaction involving credit always has the risk of not being paid. A allowance corporation must therefore recognize this risk by creating a provision for doubtful accounts and offsetting bad debt expenditure. This complies with the matching principle of accounting by guaranteeing that costs associated with the sale are recorded during the same accounting period during which revenue is collected. Companies can estimate the true worth of their account receivables with greater accuracy thanks to the provision for dubious accounts.

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Karen makes custom jewelry. In order to sell her jewelry, Karen rents a small kiosk at the local mall for $50 per month. She must buy blank medallions, stones, and chains to make her custom necklaces. These supplies cost approximately $30. Karen sells her necklaces for $55 each. How many necklaces must she sell to cover her costs?

Answers

Answer:

She will break even each month / cover her costs by selling 2 necklaces

Explanation:

If it's $50 a month, that is Karen's total monthly costIt costs $30 to make each necklaceShe sells the necklace for $55 eachTotal profit for each necklace therefore = sales price - cost, or $55 - $30, which is $25 profit per necklaceTo cover rent, which is $50, you take rent / profit per necklace or $50 / $25 profit per necklace, which is 2 necklaces

The notion that similar taxpayers should pay similar amounts of taxes is known as.

Answers

The term "horizontal equity" refers to the idea that similar taxpayers should pay comparable tax rates.

According to the economic principle of horizontal equity, those with comparable assets and incomes should be required to pay the same amount of taxes. Regardless of the existing tax system, horizontal equality should be applied to those who are deemed to be equal. A tax system is deemed to be more horizontally egalitarian the more neutral it is. Contrast this with vertical equity, a form of income tax collection where the tax rate is susceptible to increase with the amount of earned income. Vertical equity is based on the idea that those who can afford to pay more taxes should make greater contributions than those who cannot. The horizontal equity hypothesis is predicated on the idea that everyone should be subject to the same level of income taxation.

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What does deficit spending require a government to do?

lay off workers
cut taxes
take on debt
hire more workerscy

Answers

Answer:

c. TAKE ON DEBT

Explanation:

A deficit spending require a government to: C. take on debt.

What is deficit spending?

A deficit spending can be defined as a situation in which the expenditure of government exceed the amount of money generated as revenues over a fiscal period.

This ultimately implies that, deficit spending typically occurs when government's expenditure is greater than its revenue over a specific period time.

Consequently, government tends to resort to borrowing or taking debt when there is deficit spending in its budget.

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3. ______ are defined as goods or services that are required for health and safety.

Answers

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

What is the safety of goods?

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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Lori purchased a home for $250,000 with an additional $5,000 in related purchase costs and then added a garage at a cost of $25,000. She sold the home 10 years later for $575,000 and paid $35,000 in selling costs. She will pay capital gains tax on how much? $10,000 $260,000 $575,000 Zero

Answers

Answer: $10,000

Explanation:

If you purchase a house and pass the ownership test of having lived in the house for at least 2 years in the past 5, you can exclude $250,000 from the capital gains as a single person.

Lori passes the ownership test and so can claim the tax exclusion.

Capital gain:

= Cash received - Purchase costs

= (575,000 - 35,000) - (250,000 + 5,000 + 25,000)

= $260,000

After claiming exclusion of $250,000

= 260,000 - 250,000

= $10,000

write a story that ends with and it was all a dream​

Answers

Answer:

The wound in my side hurt so much. I held my hand to my side, trying to apply enough pressure to help slow the bleeding. It wasn't enough though. The wound was too deep. Blood had already soaked through my shirt and begun seeping through the gaps between my fingers.

I gritted my teeth in pain, trying to stay as quiet as possible. I couldn't get caught at all costs. I would have to start running again soon. I couldn't hide behind this tree forever. They would surely find me if I did.

Using the tree for support, I stood up. As soon as I righted myself, the pain in my side worsened and I couldn't stifle the pained whimper I released. MY head started to feel fuzzy and my vision started to blur. I was about to take a step away from the tree when everything started spinning. Suddenly I was falling and then everything faded to black.

I don't know what happened next, but I do know that I woke up, tangled in the sheets on my bed. It was all a dream.

Robin, the owner of a pizzeria, follows a standard sequence of steps to make pizzas. Once an order is received, her team members prepare the base, add the sauce, add the toppings, and then bake the pizza. The workstations in the kitchen are fixed in a sequence that facilitates this process. Given this scenario, it can be inferred that Robin's pizzeria uses a _____.

Answers

Answer: Product layout

Explanation: Layout design in a manufacturing sense refers to an adopted sequence or arrangement used for production process usually depending on the type, nature or other considerable factors attached to the production process.

In the scenario above, the layout design adopted by Robin's pizzeria is the product layout design as it involves a sequential arrangement of equipments required in the production process. The arrangement is made in order of production such that it allows for a repetitive operational flow without much hassle.

Given this scenario describe in he question, it can be inferred that Robin's pizzeria uses a Product layout

Product layout entails a product process where the equipment and machines are arranged according to the sequence of operations of the product

Here, the layout design adopted by Robin's pizzeria is the product layout design because it involves the sequential arrangement of equipment required in the production process.

This type of layout is beneficial because it allows for a repetitive operational flow without much hassle.

Therefore, the answer is known as Product layout.

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2. what type of real estate development includes a variety of land uses such as single family homes, rentals, retail, and recreational space?

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A self-contained community including single-family houses, rentals, shops, and recreational space is known as a mixed-use development. It is intended to foster both economic growth and good quality of life.

Mixed-use development is a style of real estate construction that combines a range of land uses, including single-family houses, rentals, shops, and recreational areas. The goal of mixed-use complexes is to provide a self-sufficient neighbourhood where people can live, work, and play without having to drive far.

Commonly, these complexes include commercial, residential, and recreational spaces as well as community features like parks and walkways. A lively and sustainable community that offers a high quality of life for its citizens while simultaneously fostering local economic growth and activity is what mixed-use development aims to build.

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How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

When a calendar is made public, then anybody with the calendar's URL can: A. Modify the calendar. B. Delete the calendar. C. Change the calendar. D.View the calendar. E. Edit the calendar.

Answers

D: view the calendar

A calendar is made public, then anybody with the calendar's URL can View the calendar. The correct option is (D).

What do you understand by the calendar?

A calendar is a diagram or object that shows the date, the day of the week, and frequently the entire year, broken down into months, weeks, and days.

An electronic calendar establishing reminders and notifications for significant events. setting aside time so that you can work uninterruptedly on important things. connecting to other mobile devices so you can always easily access your calendar.

Calendars are practical tools for remembering impending appointments, due dates, and achievements. They can assist you in seeing your schedule clearly and serve as a reminder of significant occasions, including work holidays and vacation days.

Therefore, a calendar is made public, then anybody with the calendar's URL can View the calendar.

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a company purchased a piece of equipment by paying $20,000 cash. a shipping cost of $1150 to get the equipm

Answers

Question: A company purchased a piece of equipment by paying $20,000 cash. A shipping cost of $1150 was incurred to get the equipment.

Answer:
The total cost of the equipment, including the purchase price and shipping cost, can be calculated by adding the two amounts together.

First, we add the purchase price of the equipment, which is $20,000, to the shipping cost of $1150.

$20,000 + $1150 = $21,150

Therefore, the total cost of the equipment, including the purchase price and shipping cost, is $21,150.

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Even if your family can pay the full amount of attending college, filling out the Free Application for Federal Student Aid (FAFSA) is a good idea because:

A. your situation and interest rates might change.

B. you can better qualify for merit-based financial aid.

C. it shows how wealthy you are.

D. you are guaranteed to get some kind of aid.

Answers

Answer:

the correct and sure answer is D

You are guaranteed to get some kind of aid.

Thus, the correct option is D.

What is an aid?

The international transfer of money, products, or services from one nation to another or from an international organization to another nation or its people. Aid might be financial, military, or humanitarian in an urgent situation.

Aid for Trade aims to assist developing nations, particularly the least developed, in creating the infrastructure and trade capability necessary to take advantage of trade openness.

Aid is support provided from one nation to another. It includes resources including cash, tools, education, and loans. Foreign help can come from non-governmental organizations (NGOs) or from the government of one nation to the government of another.

Grants, scholarships, loans, and work study are the four fundamental categories of financial aid, and federal, state, institutional, and private are the four fundamental sources.

Foreign aid can be used to further the political objectives of a government, enabling it to garner respect for its participation in international institutions, achieve diplomatic recognition, or enhance the reach of its ambassadors abroad.

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Rent and insurance are ex
examples of what type of cost?

Answers

Answer:

Fixed cost

Explanation:

Which of the following are characteristics of a monopolistically competitive market? (Check all that apply.) One firm in the industry. Many firms in the industry. P>MC at the profit maximizing quantity. P>MR at all quantities. P=MR at all quantities. Firms are price takers. MR=MC at the profit maximizing quantity. Firms are price makers. P=MC at the profit maximizing quantity. A few firms in the industry.

Answers

The characteristics of a monopolistically competitive market are as follows: Many firms in the industry, P>MC at the profit-maximizing quantity, P>MR at all quantities, and MR=MC at the profit-maximizing quantity, etc.

The following are characteristics of a monopolistically competitive market:

Many firms in the industry: There are many firms in a monopolistically competitive market, each of which produces a slightly differentiated product. This means that firms have some control over the price they charge, but not as much control as a monopolist.

Free entry and exit: Firms can easily enter and exit the market in a monopolistically competitive market. This is because there are no significant barriers to entry or exit.

Product differentiation: Firms in a monopolistically competitive market produce slightly differentiated products. This means that consumers have some preferences for one firm's product over another.

Downward-sloping demand curve: Each firm in a monopolistically competitive market faces a downward-sloping demand curve. This means that as the firm increases the price of its product, it will sell less of the product.

P>MC at the profit-maximizing quantity: In a monopolistically competitive market, firms will produce at a quantity where P>MC. This is because firms have some control over the price they charge, and they will charge a price that is above marginal cost in order to maximize profit.

MR=MC at the profit-maximizing quantity: In a monopolistically competitive market, firms will produce at a quantity where MR=MC. This is because firms are profit-maximizing, and they will produce at a quantity where marginal revenue equals marginal cost.

The following are not characteristics of a monopolistically competitive market:

One firm in the industry: A monopolistically competitive market has many firms, not one firm.

P=MR at all quantities: In a monopolistically competitive market, firms will produce at a quantity where P>MC. This means that P will not equal MR at all quantities.

Firms are price takers: Firms in a monopolistically competitive market are not price takers. They have some control over the price they charge, and they will charge a price that is above marginal cost in order to maximize profit.

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In which period of industrial revolution industries experienced the need of selling function

Answers

Answer:

Industrial revolution industries experienced the need of selling function is explained below in details.

Explanation:

The Industrial Revolution converted economics that had been based on cultivation and craftsmanship into markets based on large-scale manufacturing, mechanized production, and industry arrangement. New instruments, new energy sources, and new forms of creating a product made present industries more fruitful and effective.

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