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.
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b. Market research
c. Direct marketing
d. Public relations
Answer:
D. Public Relations
Answer:
$90,000
Explanation:
calculating profit using contribution margin method;
units sold: 5000
selling price: $100
variable costs: $60
fixed cost: $110,000
conribution margin per item= selling price- variable costs
=$100- $60
=$40
Total CMargin = Contribution margin per unit x total units sold
= $40X5000
= $200,000
net Income = total conribution margin - fixed costs
= $200,000- $110,00
= $90,000
What is net income?
What is income statement?
Answer:
Her personal savings rate is 25%
Explanation:
The formula to compute the personal saving rate is shown below:
= (Earning amount ÷ Net income amount)
where,
Earning amount or saving amount is $68,000
And, the net income or current income equal to
= Earnings - taxes
= $68,000 - $16,000
= $52,000
Now put these values to the above formula
So, the value would equal to
= $13,000 ÷ $52,000
= 0.25 or 25%