Suppose that the central bank in this economy is concerned that inflation is too high and wants to lower the inflation rate by 4 percentage points per year. A reduction in the rate of inflation is known as . To reduce inflation from 10% to 6% in the short run, the central bank would have to accept an unemployment rate of % . True or False: If people have rational expectations, the economy will experience a higher unemployment rate than predicted by the short-run Phillips curve. True False

Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.

Who owns a renter-occupied apartment? a. the government b. a landlord c. the resident d. a cooperative