In macroeconomics courses in the 1960s and early 1970s, some economists argued that one of the U.S. political parties was willing to have higher unemployment in order to achieve lower inflation and that the other major political party was willing to have higher inflation in order to achieve lower unemployment. Such views of the trade-off between inflation and unemployment might have existed in the 1960s because the Phillips curve was widely viewed as A. upward sloping. B. vertical. C. stable. D. horizontal. Such views are rare today because A. both political parties agree that higher inflation is acceptable if it means lower unemployment. B. the Phillips curve has been found to be upward sloping. C. in the long run there is no tradeoff between inflation and unemployment. D. the Phillips curve is viewed as a policy menu and a stable relationship.
Answers
Answer:
For the first question, none of the answers provided are correct. The Phillips Curve is in fact downward-sloping, with the Y-axis representing inflation, and the x-axis represented unemployment. According to this curve, higher inflation leads to lower unemployment, hence, both variables are inversely proportional, and thus, the curve is downward sloping.
I have attached a picture of the Phillips Curve where this can be seen clearly.
For the second question, the correct answer is C) In the long run there is no tradeoff between inflation and unemployment.
The trade-off between inflation and unemployment only exists in the short-term. This was demonstrated by the stagflation period that affected the United States during the 1970s. During stagflation, unemployment is high, inflation is high, and economic growth is low.
The reason why this trade-off does not exist in the long run is the future expectations of economic agents. The fact is that the Phillips Curve model did not take into account this expectations.
When inflation is high, and economic agents expect it to rise even more, they invest less because interest rates will be higher and loans more expensive, and consumers will consume more and save less because money will lose value faster as inflation rises. This scenario causes less economic activity and ultimately leads to stagflation.
Related Questions
Sermons such as "Sinners in the Hands of an Angry God" were written largely in response toa. the religious oppression some colonists had faced in Europe.b. the rejection of religion in favor of rationalism by some colonists.c. the growing desire among some colonists for independence from England.d. the poverty faced by some colonists as a result of oppressive taxes levied by England.
Answers
Answer: B the rejection of religion in favour of rationalism.
Explanation: this is a sermon preached by British colonial theologian Jonathan Edwards in july 8 1741, it combines vividly images of hell and citation of bible scriptures to bring to the awareness of the need to abandon their ways of rationalism that allows sin to flourish.
Answer:
The Answer Is B. On Edge
Explanation:
Help ASAP!!!
What is significant about Mongol culture and it’s relationship to the cultures it conquered?
Answers
Answer:
The one which is significant about Mongol culture and it’s relationship to the cultures it conquered is Mongolians relied on animals for their survival.
Explanation:
The culture of Mongolia was largely inspired by the “Mongol nomadic” way of life. Horses always played a significant role in their daily life and even in their art.
Mongols have a lot of heroic people from ancient times. Traditional words were made familiar to non-Mongolic languages by conquering nomads who spoke Mongolic languages. They believed in many superstitions and were usually afraid of misfortunes. Their Art was largely influenced by religious texts. Lifestyle was unstable as they kept migrating from one place to other in search of water and grass for their animals.
The Triple Alliance and Triple Entente were formed through the signing of
Answer - treaties
.
Answers
Answer:
The Triple Alliance and Triple Entente were formed through the signing of treaties.
Explanation:
The 'triple Alliance' consisted of 'Germany, Austria-Hungary and Italy' which was formed in 1882. This alliance was formed with an objective to protest and enhance the co-operation against the threat to Germany.Similarly the triple entente was France, Great Britain and Russia, formed in 1907 before World War 1. Later on Serbia also joined the Entente. It was formed because of the fear of Russia seeing the huge growth of armies in Germany and its triple alliance.Answer:
Treaties
Explanation:
Took test
President George W. Bush preferred a managerial strategy called privatization, which emphasized Select one:________
a. transferring all of parts of program from the public to the private sector.
b. decentralizing programs to local governments.
c. nationalizing programs
d. creating a centralized administration to handle all private-sector policies.
Answers
Answer:
Option A, transferring all of parts of program from the public to the private sector, is the right answer.
Explanation:
George Walker Bush served the post of the 43rd U.S. President in the period between 2001 to 2009. Since the beginning of his Presidency (2001), Bush discussed the idea of "partial privatization" of Social Security. But it was only after the year 2004 meaning after winning re-election that he started to invest his "political capital" in seeking changes in earnest.
He preferred such a strategy called privatization which had its emphasis on transferring all of the parts of the program from the public to the private sector.
Both the "womb chamber" and the exterior relief sculptures at the Lakshmana Temple, which feature pairs of men and women embracing or engaging in sexual acts, reflect which of the following?
a) Daoist tradition of order and status
b) Hindu emphasis on fertility
c) Khmer deification of ancient rulers
d) Shinto traditions of ancestral worship
Answers
Answer:
b). Hindu emphasis on fertility
Explanation:
What was an unintended consequence of William Howard Taft's use of dollar diplomacy in U.S. relations with Latin America?
A.
It caused Latin American countries to increasingly resent U.S. interference in their affairs.
B.
It caused the U.S. to focus on Latin America instead of pursuing its foreign policy goals in Asia.
C.
It caused military conflicts with European countries who also had economic interests in Latin America.
D.
It caused damage to the U.S. economy by encouraging overinvestment in unstable Latin American countries.
Answers
Answer:
A.
Explanation:
Answer:
Option A, It caused Latin American countries to increasingly resent U.S. interference in their affairs, is the right answer.
Explanation:
At the time, when William Howard Taft the president of the United States in the year 1909 he adopted the foreign policy of the former president, Roosevelt. The very adopted policy came to be known as the “Dollar Diplomacy”.
Taft declared his choice to “substitute dollars for bullets” in an attempt to practice foreign policy to acquire businesses and opportunities for the businessmen of America. Not unlike Roosevelt’s intimidation of oppression, Taft employed the intimidation of American economic clout to compel nations into contracts to serve the United States.
However, an unintended consequence of the policy of “Dollar Diplomacy" concerning Latin America can be seen in the very fact that it caused Latin American countries to frequently begrudge U.S. intervention in their activities.
The alleged deal that settled the election is referred to as the Compromise of 1877 because:____
A) The commission making recommendations to Congress voted along party lines.
B) The Senate agreed to give half of its votes to Hayes and half to Tilden.
C) Democrats and Republicans worked together on the commission to ensure a fair outcome.
D) Many believe Hayes was elected in exchange for a promise to end to Reconstruction.
Answers
Answer: D
Explanation:
The compromise of 1877 was a deal that ended the disputed election of 1876. Within this deal the Southern Democrats would accept Republican Rutherford B. Hayes as president, but he had to pull the last troops out of the South in exchange.
Answer:
It’s D
Explanation:
1. What were the arguments that the news media used to support a war with Mexico?
2. What role did race play in both the promotion and opposition to the war?
3. Who were the opponents of the war?
4. How did they manifest their opposition to the war?
5. What evidence does Zinn provide to determine how widespread desertion was among American soldiers?
Answers
1.- They wanted the American people to believe that it was their right or their destiny to inhabit the Mexican territory
2.- The people who opposed believed that the South was more worth expanding, and those who supported it believed that those lands belonged to them.
3.- It was common people, some writers that opposed the war with their words.
4.- Some people protested against the war, but with it was useless.
5.- Zinn used evidence of some of the articles of newspapers written during the time of the war.
Which shows a president's involvement in civic life?
a. giving the State of the Union address
b. throwing the first pitch at a baseball game
c. giving an interview to a television station
d. appointing an ambassador to a foreign country
Answers
Answer:
An example of a president's involvement in civic life is throwing the first pitch at a baseball game.
Explanation:
First of all, let's see all the answers a) is wrong because it is a message the president has to give to the congress of the United States and it is a task considered in his duties as president.
Second, b) is correct because throwing the first pitch at a baseball game is not an activity considered into his presidential duties or responsibilities.
Third, c) is incorrect because even though it doesn't have the presidential duties involved in it. It does require him or her to adopt a formal posture in the camera and be prepared for the topics because as a president he or she has to preserve his or her presidential image. The president is not allowed to behave inappropriately. It is a leadership role and it is required to behave with high moral standards.
Fourth, d) appointing an ambassador is incorrect because it forms part of his presidential duties and responsibilities.
Answer:
b
Explanation:
on edge
Why wasn't the Missouri Compromise of 1820 enough to end tension between the North and South by the 1840s?
The North and South continued to fight over territory by the Rio Grande.
Some new territories went both above and below the line of compromise.
All of Texas would be a slave state, which went against the Missouri Compromise.
Mexico had outlawed slavery, so the new land gained from them could not allow slavery.
Answers
Answer: Some new territories went both above and below the line of compromise.
Explanation:
The Missouri Compromise divided Northern and Southern states on the slaves issue. The compromised passed as law in 1820, it forbade slavery in Louisiana and it considered Missouri as a slave state. Anything north the 36/30 parallel was considered slave free.
However, since the state of Missouri was considered a slave state, the South had one state more than the North and it was considered that the slave states had more power, because a slave counted as 3/5 of a person.
Thomas Jefferson predicted that dividing the country between slave and slave free states would lead the country to civil war.
Chief Joseph:________
a. was at the Little Bighorn.
b. wanted freedom for his people, the Nez Percé.
c. supported the reservation system.
d. starred in a Wild West show.
e. advocated greater federal control of Indians.
Answers
Answer:
b. wanted freedom for his people, the Nez Percé.
Explanation:
The Nez Percé lived in the Pacific Northwest, near the Columbia River. And, one of the most preeminent leaders of this Native American tribe was Chief Joseph, He surrendered, among his tribe, after a long retreat. He won the admiration of his opponents for surrendering to avoid the deaths of women and children of his tribe.
15 POINTS! What was Hoover's reaction to the Bonus Army?
he met with them and sympathized with their needs
he sent the first lady to meet with them
he head them removed by federal troops
he granted them their bonuses as per their request
Answers
The correct answer is "he had them removed by federal troops."
Further Explanation:
President Hoover had the army remove the Bonus Army. They were run out of their Shantytown and their homes were burnt down. It was general MacArthur who burned the homes but he was under the orders of the president.
The Bonus Army were men who were protesting not being paid their bonus certificates early. The men were broke and their families needed the money to pay for food and lodging. The Depression had made the men lose all of their money. President Hoover refused to meet with the men, but did send a delegate.
Learn more about the Bonus Army at https://brainly.com/question/861116
#LearnwithBrainly
Why did so many Chinese people follow the teachings of Taoism?
A) Its focus on simplicity and moderation rather than wealth or status appealed to the less privileged classes.
B) It was mandated by the most of the emperors of China.
C) Most chinese saw Taoism as the only “correct path” in a world full of evil and temptation
D) Taoism was more philosophical than Confucianism, which made its ideas easier to believe
Answers
Answer:
A) Its focus on simplicity and moderation rather than wealth or status appealed to the less privileged classes.
Explanation:
because i took da test and got it right
Chinese people follow the teachings of Taoism because its focus on simplicity and moderation rather than wealth or status appealed to the less privileged class. The correct option here is a.
What is Taoism?Taoism which is also called Daoism refers to either a school of philosophical thought or to a religion. Both shares ideas and concepts of Chinese origin and emphasize living in harmony with the Tao.
The book Tao Te Ching, which contains teachings attributed to Laozi, together with the later writings of Zhuangzi, are both widely considered the keystone works of Taoism.
Taoism teaches about the various disciplines for achieving perfection through self-cultivation. This can be done through the use of Taoist techniques and by becoming one with the unplanned rhythms of the all, called "the way" or "Tao".
The Tao is generally defined as the source of everything and the ultimate principle underlying reality.
Learn more about Taoism here:
https://brainly.com/question/29084437
#SPJ5
What were the reasons certain groups were against Franklin D. Roosevelt’s New Deal?
Answers
Answer:
Franklin Delano Roosevelt had many political adversaries and critics.
Rich people resented FDR´s high taxes for rich Americans to finance his social welfare policies that benefited the poor; they said he had "betrayed" his own social class - he was born in a wealthy family. The Supreme Court was a formidable adversary of many FRD policies; judges estimated the presidency has abused its power by imposing on states some federal regulations and that some New Deal programs were declared unconstitutional. Others, like the Catholic priest Charles Coughlin, accused him of being "anti-God." Coughling and Frances Townsed wanted FDR to give more money to the lower classes. Huey Long, a populist leftist senator, attacked him for "not doing enough" for the poor.
Explanation:
A firm that sells its products primarily to consumers outside a settlement is a
Answers
Answer:
Basic industry.
Explanation:
In economics, a basic industry is a type of industry which is oriented towards exporting most of its production. Basic industries for the most part sell their products primarily to consumers outside a settlement, as generally speaking they're not meant for direct use by most consumers, but form part of a larger value chain where their production is then transformed into other products. Basic industries are considered highly important: because of their export orientation, the money coming from outside or abroad strengthens the local economy and creates jobs; and also, they tend to be very large firms with huge resources and capital. Examples of basic industries include mining and steel.
Why did the Whigs gain support in the South in 1836? The Republican Party formed an alliance with reformers in the Democratic Party, causing the Democrats to embrace abolitionism. Southern voters felt they could not trust the northern Democratic nominee for president, Martin Van Buren, on the slavery question. Andrew Jackson, the outgoing president and a southern Democrat, switched parties and embraced the Whig platform. The Democratic Party in the North collapsed as industrial workers flocked to smaller, localized parties, leaving southern Democrats exposed. Correct Answer Southern voters felt they could not trust the northern Democratic nominee for president, Martin Van Buren, on the slavery question.
Answers
Answer:
The Whigs gained support in the South in 1836 because Southern voters felt they could not trust the northern Democratic nominee for president, Martin Van Buren, on the slavery question.
Explanation:
The presidential election of 1836 is distinguished by several features. The Whig Party immediately put forward three candidates against Vice President Martin Van Buren, who represented the Democratic Party, in the hope that the latter would not gain a majority anywhere and that the House of Representatives would decide on the candidate. However, this tactic did not materialize: Van Buren was elected by a majority vote.
Despite this victory, Van Buren lost the support of many voters in the south of the country, usually voters of the Democratic Party. This was mainly due to the doubts that southern voters had regarding Van Buren's position on slavery, based on certain policies proposed by him to prohibit the importation of new slaves during his tenure as United States Senator.
The truth is that the Southerners had valid reasons for their doubts, because Van Buren continued to oppose slavery throughout his political career, which led him to form a new party, the Free Soil Party, with the aim of achieving abolition.
What areas did the british east india company eventually control
Answers
Answer:
The answer is Persian Gulf, Southeast Asia, and East Asia.
Explanation:
The British East India Company began its business in 1620s, consisted basically in slavery. It used slave labour and trafficed people to slavery to its facilities in Southeast Asia and India, and to the west of Angola.
This sixth millennium bce cultural group, the settlements of which took the form of massive longhouses, had its origins in Hungary but eventually spread across the whole of Central Europe.
Answers
Answer:
LBK cultureExplanation:
The linear pottery culture lasted from 5500-4500 BC and was an important culture of Europe. It is also known as Linear Band Ware. Most of the evidences of this culture is found in Central Europe, its pottery contained cups, bowls, vases, all without handles and the pots had line patters on them. It is also referred as LBK culture, LBK people flourished for 1000 years before bronze age; wheat, lentils and peas were their major crops. They domesticated dogs and cows and hunted in the forests. It had two variants Western (Early) and Eastern (Later) linear pottery culture. The western culture was spread across Danube, western hungry and along the rivers Rhine, Elbe,Oder and Vistula.
What does this political cartoon suggest about how Germany achieved unification?
A. Otto von Bismarck was a puppet of Wilhelm I and did everything he was told.
B. Otto von Bismarck was the mastermind behind the creation of the German Empire.
C. Wilhelm I was a powerful and unifying force around whom all of Germany rallied.
D. Bismarck and Wilhelm I convinced German states to unify in a parliament meeting.
Answers
Answer:
Otto von Bismarck was the mastermind behind the creation of the German Empire
Explanation:
The political cartoon suggests how Germany achieved the unification by Otto von Bismarck was the mastermind behind the creation of the German empire.
What do you mean by unification?Unification refers to the process of being united or made into a whole.
The political cartoon suggests how Germany achieved unification by the Otto von Bismarck was the mastermind behind the creation of the German empire.
Therefore, B is the correct option.
Learn more about unification here:
https://brainly.com/question/9216567
#SPJ2
What did the louisiana purchase do to the size of the united states
Answers
Answer:
The Louisiana Purchase doubled the size of the United States.
Explanation:
The Louisiana Purchase occurred in 1803 between the United States and France, contrary to the provisions of the Treaty of San Ildefonso of 1800 between France and Spain.
Including interest, the United States finally paid $23,213,568 for this transaction. Funds for this purpose were lent to the Americans by British Barings Bank, despite the fact that Great Britain was at that time at war with France.
The purchased land almost doubled the area of the United States at the time, making it one of the largest countries in the world. Eventually, 13 new US states arose from the purchased land and they constitute almost 25% of the current area of the United States.
Final answer:
The Louisiana Purchase in 1803 doubled the size of the United States, supporting Thomas Jefferson's vision of an agrarian republic and prompting significant westward expansion.
Explanation:
The Louisiana Purchase was a pivotal event in American history, which doubled the size of the United States. In 1803, Thomas Jefferson oversaw the purchase of the territory from France for $15 million, a remarkable bargain that expanded the United States to include a vast area west of the Mississippi River.
This acquisition bolstered Jefferson's vision for an agrarian republic and was crucial for the country's westward expansion, though it also raised questions about slavery and the constitutional authority behind such a large purchase.
A group of anthropologists from the future wants to study the culture and society of the twenty-first century. They cannot find any written documentation of this time period, so they must conduct an archaeological excavation.
Identify the artifacts, features, and ecofacts they will find during their fieldwork. What will these items tell the anthropologists about our culture and society?
Compose a descriptive essay explaining your conclusions
Answers
Answer:
The artifact that most represents the early twenty-first century is the smartphone. This represents how important technology had become and how it was changing features at sites in the lives of people from that time. The ecofact of this era is evidence of global warming that society tried to resolve with measures like carbon offsets.
Explanation:
The anthropologists from the future will probably note that the smartphone is one of the most important artifacts found with human beings in the early twenty-first century. It made technology more portable and the younger generations tend to text each other more than they use the cellphone aspect of the smartphone using applications. This would be a reason for there being features in households increasingly integrated with technology and of their being a relative lack of written documentation as many things are digital. It is hoped that society saved some digital archives for societies to study the time period in the future. In terms of ecofacts, it is clear that climate change exerted a lot of pressure on society in the twenty-first century and as natural remains there were efforts to stop global warming by reducing CO2 emissions. More parks and forests and other environmental projects were protected as a way to offset carbon production by entities like airline companies.
Arizona Senate Bill 1070, often referred to colloquially as the "papers, please" law, was aimed widely at those of:
a. Irish descent
b. Middle Eastern descent
c. Chinese descent
d. Mexican descent
Answers
According to the Urpelainen reading, one of the advantages of the Paris Climate agreement was the use of voluntary national targets for carbon emissions rather than binding imposed targets. True or False?
Answers
Answer: false
Explanation: because the real problem is the one that the current pledge emission reductions will not prevent a dramatic or major climate change and this is according to what many scientists said.
Who was the czar of russia before the russian revolution
Answers
Answer:
Nikolai Alexandrovich Romanov ruled Russia as tsar Nicholas II until the February Revolution of 1917 that brought about the end of the five-hundred-old Romanov monarchy. He had gotten Russia into WWI. When the October Revolution occurred in November that year, the democratic government was overthrown by the Bolsheviks. In July 1918, he and his family were assasinated by the Bolsheviks.
Explanation:
The British colonized Burma in the late 19th century, and it was under the jurisdiction of the British Raj until 1937. Today, the government is an authoritarian dictatorial regime that is controlled by the military. True or False?
Answers
Answer:
False
Explanation:
Burma was annexed as part of the Brithis Raj after a series of Anglo-Birmanian wars, that happened between 1862-1885. A province of the Indian British Raj, it was separated in 1937 and governed by the Burma Office. After the II World War, Britain slowly granted autonomy and lastly independence in 1948. After independence power struggles that included the proclamation of a Socialist Republic in 1972, a coup de etat demading the opening of the country would lead to a military dictatorship that last until 2011, when the military junta was dissolved, and a transition period to a democratic process began. In 2015 elections gave the National League of Democracy victory, and a Parliament was established that elected Htin Kyaw as president, and then designated Aung San Suu Kyi as State Counsellor.
This is false the government of Burma is not under military dictatorship today.
The government of Burma.This is also referred to Myanmar. This area used to be under the military leadership but today they have a parliament that is in charge of governance.
Although in recent times the country has been shaken by military coups.
Read more on Myanmar here:https://brainly.com/question/1125606
__________________was a new international league created at san fransisco confrence in 1943
Answers
Answer:
The United Nations (UN)
Explanation:
After the many failures of the League of Nations, the countries involved knew they had to make a stronger league that would better protect them from war and world conflict. I believe this happened in 1945, though, not 1943.
Answer:
United nations
The _________________ marked a pivotal moment for mobilizing locals-indigenous groups, labor unions, and coca growers against the government and the World Bank in Bolivia, in protest of the rate hikes and privatization plan.
Answers
Answer:the local group
Explanation:
The Cochabamba Water War was a significant event in Bolivia in 2000 where residents protested against water privatization and rate hikes by a transnational company, leading to the reversal of the privatization plan.
The Cochabamba Water War marked a pivotal moment for mobilizing locals — indigenous groups, labor unions, and coca growers against the government and the World Bank in Bolivia, in protest of the rate hikes and privatization plan. In 2000, Cochabamba witnessed massive protests against the privatization of the city's water supply, which had resulted in exploitative practices by a transnational corporation, namely the Bechtel Corporation.
This was part of a broader trend in Latin America toward privatization enforced by structural adjustment policies from institutions like the International Monetary Fund and the World Bank. The situation in Cochabamba escalated when rates increased even for those not receiving water services, leading to a mobilization of various social groups who formed an organization called Coordinator for the Defense of Water and for Life. The organization used a direct form of democracy and empowered peasants who had been ignored historically. After sustained protests, the Bolivian government expelled Bechtel and reversed the privatization.
How many american soldiers lost their lives in the korean war
Answers
An estimated 35,000 US soldiers lost their lives during the Korean War, highlighting the tragic and immense scale of the conflict.
Explanation:The Korean War, an intense conflict that lasted from 1950 to 1953, resulted in significant casualties on all sides. For the American forces involved, the toll was especially heavy.
According to historical records, an estimated 35,000 US soldiers tragically lost their lives in the Korean War. In addition, over 100,000 American soldiers were wounded during this period of military conflict on the Korean Peninsula. These numbers highlight the immense scale and the devastating impact of the war.
Learn more about American Casualties in the Korean War here:https://brainly.com/question/13814906
#SPJ12
In twentieth-century music ________.
a. string players are sometimes called on to use the wood instead of the hair on their bows
b. dissonance has been emancipated
c. percussion instruments have become very prominent and numerous
d. All answers are correct.
Answers
Answer:
The correct answer is D) All answers are correct.
Explanation:
In twentieth-century music it is not uncommon that string players use the wooden part of the bow to create a certain sound effect. Also an emancipation of dissonant sounds has taken place. The twelve-tone technique is one of the first examples of this emancipation. The use of percussion instruments often plays an important role in twentieth-century music. In many cases, pieces are written for instruments that are not typically used in classical musci such as african or latin american instruments.
A friend of mine gave me this when I met up with him today. He doesn't know what it is and neither do I. I need answers.
Answers
Answer:
it is a ancient corfendering devivce it should be worth some money if not fake
Explanation:
it is a peice of a the cooton gin used to role one of the wheels so the cootton will be able to go into the gin so its seeds can be separated