Identify the phase (Phillips, stagflation, or recovery) the economy is in, and suggest what change in aggregate demand or aggregate supply might have caused it.
a. "President Nixon expressed satisfaction with last yearâs economic performance. He said that with inflation and unemployment heading down, the nation âis on the right course."
b. "The nationâs inflation rate rose to a record high last month, the government reported yesterday. The consumer price index jumped 0.3% in January. Coupled with the announcement earlier this month that unemployment had risen by 0.5 percentage points, the reports suggested that the first month of President Nixonâs second term had gotten off to a rocky start."
c. "President Carter expressed concern about reports of rising inflation but insisted the economy is on the right course. He pointed to recent reductions in unemployment as evidence that his economic policies are working."
Answers: 1
Business, 21.06.2019 22:00
Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought the stock in the target corporation. the takeover occurred and the friend made a substantial profit from buying and selling the stock. the friend told sharon about his stock dealings, and gave her a pearl necklace because she "made it all possible." the necklace was worth $10,000, but she already owned more jewelry than she desired.
Answers: 2
Business, 22.06.2019 15:10
Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions
Answers: 3
Identify the phase (Phillips, stagflation, or recovery) the economy is in, and suggest what change i...
Mathematics, 22.04.2021 03:20
Computers and Technology, 22.04.2021 03:20
Mathematics, 22.04.2021 03:20
Advanced Placement (AP), 22.04.2021 03:20
Chemistry, 22.04.2021 03:20
Mathematics, 22.04.2021 03:20
Mathematics, 22.04.2021 03:20
Mathematics, 22.04.2021 03:20
Geography, 22.04.2021 03:20
Biology, 22.04.2021 03:20
Mathematics, 22.04.2021 03:20
Computers and Technology, 22.04.2021 03:20