Reduce the inflation rate by one percentage point is called

Assignment Help Business Economics

Reference no: EM13833624

The proportion of real GDP that must be forgone in order to reduce the inflation rate by one percentage point is called:

A. opportunity cost.

B. wage deflation.

C. demand-pull inflation.

D. sacrifice ratio.

Reference no: EM13833624

Questions Cloud

Explain the diversity perspective into the curriculum : In a classroom or childcare setting, how would you interweave the diversity perspective into the curriculum, environment, and discussions. Identify three resources you might use in your pursuit to create a learning environment that is welcoming to..

3 pizzas are ordered in a single telephonic order : What is the probability that more than 3 pizzas are ordered in a single telephonic order?

Explain if promoting growth within certain sectors : Explain if promoting growth within certain sectors of the American economy is a good reason for the federal government to engage

Framework into a widely accepted environmental policy : Discuss how policy makers can incorporate the Domestic Climate Policy Framework into a widely accepted environmental policy. Provide examples

Reduce the inflation rate by one percentage point is called : The proportion of real GDP that must be forgone in order to reduce the inflation rate by one percentage point is called:

Describe how you will use each technique in the child-care : Identify at least two techniques you can use to honor and work with diversity in the childcare or academic setting. Describe how you will use each technique in the child-care or classroom setting. Lastly, identify how you feel the technique helps ..

In a two-period consumption model : In a two-period consumption model, a rise in the income of the second period would cause consumption in the first period to:

The mean annual income of certified welders : The mean annual income of certified welders is normally distributed with a mean of $50,000 and a population standard deviation of $2,000. The ship building association wishes to find out whether their welders earn more or less than $50,000 annually. ..

What is the distribution : Let X~N(2,6) and Y~N(-3,2) and Z~N(0,1). All three random variables are independent of each other. Do the following. a. What is the distribution of W=X+Y+Z? What are E(W) and Var(W)? b. What is the distribution of Q=2Y?

User Account

All Pages