Business, 15.04.2021 18:30 animexcartoons209
The economy is currently producing 5% less output than its potential. In an attempt to boost output, the federal government announces an unexpected stimulus package that you expect will increase output to 5% above potential. a. Move the point on the Phillips curve to illustrate the relationship between unexpected inflation and the output gap after the stimulus. Phillips Curve Unexpected Inflation Output gap -12 -11 -10 -9 -8 -7 -6 -5 -4 -3 -2 -1 0 1 2 3 4 5 6 7 8 9 10 11 12 -4 -3 -2 -1 0 1 2 3 4 b. The initial unemployment rate before the stimulus was 7.5%, and the final unemployment rate afterward is 2.5%. On the labor market Phillips curve, show the equilibrium unemployment rate. Labor Market Phillips Curve Unexpected Inflation Unemployment Rate
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Business, 22.06.2019 14:30, karleygirl2870
Your own record of all your transactions. a. check register b. account statement
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Business, 22.06.2019 21:30, marlenerojas201
Which of the following is one of the five fundamental questions? which products will be in scarce supply and which in excess supply? who should appoint the head of the central bank? how much should society save? correct what goods and services will be produced?
Answers: 1
Business, 22.06.2019 22:00, sandovalito
Indicate whether each of the following companies is primarily a service, merchandise, or manufacturing business. if you are unfamiliar with the company, use the internet to locate the company's home page or use the finance web site of yahoo. 1. alcoa inc. 2. boeing 3. caterpillar 4. citigroup inc. 5. cvs 6. dow chemical company 7. ebay inc. 8. fedex 9. ford motor company 10. gap inc. 11. h& r block 12. hilton hospitality, inc. 13. procter & gamble 14. suntrust 15. walmart stores, inc.
Answers: 3
The economy is currently producing 5% less output than its potential. In an attempt to boost output,...
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