Answer: unemployment rate and the inflation rate.
Explanation:
The Phillips curve shows the relationship that exists between inflation and unemployment rates. The short-run Phillips curve looks like an L-shape and it reflects the inverse relationship between the two variables i.e unemployment and inflation.
As unemployment rates rises, inflation reduces and as unemployment rates reduces, inflation increases. A reduction in the aggregate supply will lead to a rightward shift the short run Phillips Curve.
The short-run Phillips curve shows the inverse relationship in economics between the rates of inflation and unemployment. When inflation rises, so does unemployment, and vice versa. This relationship is typically observed in short-term scenarios, as long-term factors can affect this balance.
The short-run Phillips curve in economics demonstrates an inverse relationship between the rate of inflation and the rate of unemployment. To put it simply, as the rate of inflation increases, the rate of unemployment decreases, and vice versa. This relationship is largely observed in short-term scenarios because, in the long run, other economic factors come into play that can tilt this balance.
For example, if a country experiences a higher rate of inflation, businesses are more likely to make profits, which can then be used to hire more employees, leading to a decrease in the unemployment rate. Conversely, when the rate of inflation decreases, businesses may cut jobs resulting in an increased unemployment rate.
#SPJ6
Answer:
D) rational expectations theory.
Explanation:
The rational expectations economic theory states that the expectations of the population about how the economy is working, will actually influence the economy in a way that these expectations tend to become a reality.
For example, if people expect that the economy is going to fall into a recession they will try to save money and spend less. Because the population starts to save money and spend less the economy will slip into a recession.
The same applies the other way around, if the population is happy and confident about how the economy is doing, they will increase their spending and keep the economy growing.
We have to remember that almost 70% of the economy is private consumption and any small change in private consumption can lift or sink an economy.
A.
cost and expense analysis
B.
competition analysis
C.
sales projection
D.
review of consumer needs
Most price planning begins with a cost and expense analysis.
.com
.mobi
.gov
.edu
Answer:
.mobi
Explanation:
A sponsored domain name is a category of domain that has a sponsor that represents a community that is affected by the domain and it is in charge of establishing the norms to be able to use that specific domain. From the options given, the sponsored domain name extension is .mobi that is only for providers and consumers of mobile products and services.
Answer:
I don't think we should prioritize want
Explanation:
This question is more or less an opinion where there's no right or wrong answers.
However, I'll answer your question from my own personal view of want.
I think we do not need to give priorities to wants because, our wants, according to economics are insatiable and unlimited. Meaning that, when you give priorities to an unlimited entity called want, you will not get satisfaction due to the fact that they are unlimited.
In other words, the moment you achieve one of your wants; you will be be presented with another set of wants.