The equation for the Phillips curve in an economy is
? = ?e? 0.5(U? 5),If the inflation rate is 4 percent and the unemployment rate is 6 percent, then the expected inflation rate in the economy must be
A. 2.5 percent.
B. 4.0 percent.
C. 4.5 percent.
D. 5.0 percent.
Answer: C
You might also like to view...
Fantasy and Stanley's are popular apparel stores. A Fantasy vendor has offered a Stanley's buyer an attractive discount on merchandise that had been returned to Fantasy by a different retailer. The Stanley's buyer realizes the high gross margin opportunity but refuses the offer nevertheless. Why?
A. The buyer wants to preserve Stanley's image as a fashion leader by not selling returned merchandise that could be out of season. B. Stanley's would be accepting unknown merchandise and could risk the purchase as becoming more problems than it is worth. C. Transportation costs would increase. D. By accepting additional merchandise, Stanley's would be paying the additional costs of carrying the merchandise. E. Accepting the excess merchandise could alter the terms of the purchase as well as delivery dates.
Role playing is the best-known way to experience the feelings that accompany closing and to practice the skills needed to close sales
Indicate whether the statement is true or false
What is the best advice for writing e-mail messages?
A) Use first names only in opening greetings. B) Because your name will appear in your e-mail address, you don't have to type it at the bottom of your message. C) Always include a complimentary closing such as Sincerely. D) Make your e-mail messages easier to read and to comprehend by using bulleted and numbered lists and headings.
Before meeting with an employee to discuss the performance evaluation, a supervisor should
a. Shred the employee's self-evaluation b. Consider the employee's likely response to the evaluation c. Have a cup of coffee and relax d. None of the above