what stage of the business cycle immediately follows the trough ?

Q: The economic downturn (cycle) occurring during the 1930s was known as which of the following?Choose…

A: ‘Economic downturn’ implies a decline(↓) in economic activity. It was occurred during 1930.

Q: What exactly is the natural rate of unemployment?

A: # Let's first understand what's unemployment is.  Unemployment is a situation whereby a person who…

Q: Discuss during which phase of the business cycle the inflation is most pronounced

A: During Expansion Phase which phase of the business cycle the inflation is most pronounced.

Q: what are the effects and consequences of deflation?

A: Deflation is also known as negative inflation. It is a situation where the general price level of…

Q: If an economy is experiencing cost-push inflation, then its real GDP will tend to rise in the short…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: Draw a graph where inflation and unemployment increase.

A: When inflation increases and unemployment increases, it means that aggregate supply is decreasing,…

Q: Explain one remedy for inflation.

A: The inflation is the general increase in the price of all goods and services in the economy.…

Q: In an economy, if 5 percent of the employed lose their job every month (s = 0.05) and 15 percent of…

A: Steady-state rate of unemployment is sometimes known as the natural rate(NR) of unemployment. The…

Q: Define the term Producer Price Index?

A: Price index: - Price index is the way of measuring the change in the price level in an economy over…

Q: What is the relationship between unemployment and the price level in the short run? (Hint: Business…

A: Price level in any economy is measured through inflation. Generally, inflation and unemployment…

Q: To measure inflation, economists usually refer to the consumer price index. Which of these…

A: CPI measures the change in value of a fixed basket of goods, over time. So, if price of the goods…

Q: Define the term inflation rate?

A: Nominal interest rate is the rate which does not take inflation into account. All the prices of…

Q: Deflation is a0 d a sustained fall in prices of goods and services a fall in prices of oil the same…

A: Due to different business cycles like recession or expansion, prices of goods and services tend to…

Q: Why is it essential to calculate the producer price index?

A: The producer price index shows the changes in the prices received by a producer. It reflects the…

Q: If inflation rises unexpectedly by 5%, indicate for each of the following whether the economic actor…

A: Inflation refers to a general increase in the price level of goods and services, demanded by…

Q: If a higher minimum wage is introduced, what happens to unemployment

A: Unemployment refers to the market condition when not all the workers are getting job or it can be…

Q: Provide examples and explain your answer. If inflation rises unexpectedly by 5% indicate for each of…

A: The Unexpected increase in the Inflation rate affect the following A) A union member with COLA wage…

Q: What could be the possible consequences of deflation for an economy?

A: Deflation is defined as a drop in the overall price level of all products and services in an economy…

Q: What is The Producer Price Index?

A: A market is a place where the producer and the seller interact with each other and the exchange of…

Q: What is the link between recession and the variation in unemployment?

A: Recession: During the recession period, the level of economic activities declined. During the period…

Q: define the term inflation and deflation

A: Inflation refers to the rise in the prices of goods and services in an economy. This means an…

Q: What are the possible consequences of deflation for an economy?

A: Deflation is defined as a decrease in the overall price level of all goods and services in a given…

Q: om

A: The job keeper payment policy in turn helps businesses being affected by Covid 19 in order to render…

Q: d. Rising inflation. e. Arise in the natural rate of unemployment. f. Arise in oil prices.

A: Fiscal policy is the tools used by government in order to correct the economic dis balances .  Here…

Q: Examine the costs of deflation.

A: We can define deflation as a reduction in the overall level of prices in an economy.

Q: between the unemployment rate and the natural unemployment rate as the economy moves through a…

A: Unemployment in an economic state where an individual who is willing and able to work at the…

Q: Define the term Deflation?

A: Economics: It relates to the production, distribution, and consumption of goods and services.

Q: Determine which phase of the business cycle is associated with each event.

A: There will be always fluctuations in economy and it goes through various stages like peak,…

Q: Define the term inflation?

A: Economics is a social science that studies human behavior regarding their unlimited wants in terms…

Q: Name one problem with the way the BLS computes the unemployment rate.

A: Bureau of Labor Statistics is the authority that make various research and analysis to explain the…

Q: Thinking about the Economic impact of unemployment and inflation, why should we expect an inverse…

A: The unemployment and the inflation are the two social evil that every economy wishes to reduce and…

Q: Why is the optimal rate of unemployment, from an economic perspective, never zero?

A: Answer: The optimal rate of unemployment or natural rate of unemployment refers to the rate of…

Q: In which phase of the business cycle does inflation grow quickly? A)Expansion B)Peak C)Recession…

A: Expansion, Peak. Recession and Trough are four phases of business cycles.

Q: Name several forms of indexing in the private and public sector.

A: Indexing refers to the measure/indicator of something. In the financial market, indexing is used as…

Q: Use a graph to explain the trade‐off between inflation and unemployment.

A: In economics, the impact of various macroeconomic variables on the economy is studied using various…

Q: How deflation appens?

A: In a market, any change in the price will is explained as Inflation or deflation according to which…

Q: Determination of Equilibrium Level of Employment by The aggregate demand price and aggregate supply…

A:

Q: what are the causes of inflation and deflation?

A: Inflation refers to a gradual increase in  price level within economy . Deflation conversely implies…

Q: What is the relationship between unemployment and the price level in the short run?

A: Price level in any economy is measured through inflation. Generally, inflation and unemployment…