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A rise in unemployment will lead to a fall in inflation...this is best explained by the philips curve
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∙ 12y ago
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Do weathering and erosion happen at the same time?
not always but alot of the time they do occur at the same time it is possible
Does growth and development happen at the same time?
Yes, because it response to the development and it happen at the same time bacause of the theory that happen in particular time!
What was inflation in the late 1800s?
The same as it is today - a rise in the price of goods and services over time.
Will unemployment increase or decrease?
Inflation is always increasing. The US is seeing very little inflation because the way the economy works, but nevertheless prices do rise (gas, milk, etc.). But these are always fluctuating anyway.
Why was it so difficult to find an effective solution to inflation problems between 1964 and 1983?
It is due to the nature of economic policy. Normally inflation and unemployment are inversely related, so policy decisions can be made to cure one at the expense of the other (for instance, raising of interest rates lowers inflation but risks stifling business growth). During the period between 1964 and 1983, we experienced "stagflation" (high unemployment AND high inflation). So when we experience both at the same time, policy makers have their hands tied as to what to do. If they decide to try to get inflation lower, they risk making unemployment worse (and it's already bad) and if they try to get employment lower, they risk making inflation worse.
Sentence with the word inflation?
"The Rate of inflation is at an all time low!"
What might happen to aggregate supply curve if there was a significant increase in the cost of foreign oil?
The aggregate supply curve shifts to the left as the price of key inputs rises, making a combination of lower output, higher unemployment, and higher inflation possible. When an economy experiences stagnant growth and high inflation at the same time it is referred to as stagflation.
How does inflation affect employment?
If the employer is unwilling or unable to inflation proof the salaries of his employees, they will obviously become disillusioned and disgruntled. Some may seek greener pastures and if those that leave include key individuals, the profitablity of the company may be adversely affected.
How can more then one happen at the same time?
yes more than 1 hurricane can happen at one time
How is protein synthesis different in prokaryotes and eukaryote?
In prokaryotes, transcription and translation happen at the same time. -APEX Learning®️ 2021
When will a meteor shower and a full solar eclipse happen at the same time?
the next time it will happen will be on:December 21, 2010
Is it true that the occurrence of inflation and high unemployement at the same time is called crowding in?
False, crowding in occurs when decreases in government spending lead to an increase in private spending.Note that we (almost) often have inflation in all economies. Inflation just means that prices rises over time, something which is quite normal. Many countries operates with an inflation target of 2-2,5% per year, and it is only when actual inflation deviates substantially from this target that problem occurs. A high inflation rate (well above the target) together with high unemployment is known as stagflation.
