Define inflation and unemployment, and why don't we like (too much of) either of them?
Define inflation and unemployment, and why don't we like (too much of) either of them?
Why can't ionic bonds ever be "double" or "triple", and why don't we represent them as "lines between atoms" like we do for covalent bonds? there is one reason that answers both questions.
Define the concepts of inflation and unemployment and its implications in the company.
Compare and contrast the damaging consequences of rising unemployment versus rising inflation? Be sure to define unemployment and inflation and explain how they are measured. Is one worse than the other?
If the unemployment rate can be reduced by cutting taxes, why don't we cut taxes to zero, at least during periods of recession? As part of this answer, describe at least one potential unintended consequence of cutting taxes to zero.
Now that we have looked at measures of inflation and unemployment, in addition to GDP, pick a country and evaluate its' "economic health" relative to the United States. Is the country doing better or worse, and why?
Why do some macroeconomists believe there is a trade-off between unemployment and inflation (that is, if you want to reduce inflation, you will have to accept a rise in unemployment, and if you want to reduce unemployment, you will have to accept higher inflation)?
Discuss the following statements: a . The Phillips curve implies that when unemployment is high, inflation is low, and vice versa . Therefore, we may experience either high inflation or high unemployment, but we will never experience both together. b. As long as we do not mind having high inflation, we can achieve as low a level of unemployment as we want. All we have to do is increase the demand for goods and services by using, for example, expansionary...
The economy either suffers from high unemployment or high inflation and cannot suffer from both at the same time. True or False?
a. Given the original Phillips curve, why is there a negative relation between inflation and the unemployment rate? State the two reasons why the original Phillips curve vanished. b. Define the natural rate of unemployment and list down its determinants. What happens to inflation when unemployment is greater than the natural rate of unemployment? When unemployment is lower than the natural rate of unemployment?
in circuits resistors are distributed in series? Why we don't join them all in one resistor the value of which equals the total sum?