The statement that "inflation is always and everywhere a
fiscal phenomenon" is one of the most famous statements in
economics it was made by
Paul Krugman
Jerome Powell
Thomas Sargent
Robert Solow David Gabel

Answers

Answer 1

The statement that "inflation is always and everywhere a fiscal phenomenon" is one of the most famous statements in economics.

The person who made this statement is Milton Friedman. Friedman was a Nobel Memorial Prize-winning economist and a leading advocate of monetarism, the view that a stable and low inflation rate is necessary for economic growth, employment, and prosperity. His statement is often interpreted to mean that inflation is primarily caused by monetary factors such as changes in the money supply, rather than real factors such as changes in the supply and demand for goods and services.  

To know more about inflation visit:

https://brainly.com/question/28136474

#SPJ11


Related Questions

ve durel evaluation of your work.
Aa
:)))
Hola
Activity
Lydia is a senior in high school. She works 20 hours a week at a popular clothing store. She is trying to save as much
money as possible for her college tuition. However, she has to buy a dress for prom, pay her car insurance, and get a
birthday gift for her sister. This week she received a $400 paycheck. She wants to deposit the entire check in her
savings account for her college tuition, but she stops herself. She decides instead to put $100 in the bank, spend $200
for her prom dress, pay $80 for her car insurance, and buy her little sister a $20 birthday gift. While shopping, she
sees a doll worth $21, which she thinks her sister will absolutely love. As a result, she decided to buy the more
expensive doll and spend less on her dress.

Did Lydia make an all-or-nothing or a marginal decision while spending her money? ​

Answers

Answer:

marginal decision

Explanation:

Marginal decision involves spending a little more or a little less than what has already been planned for based on the benefit to be gotten. If the marginal benefit exceeds the marginal cost, then the choice is a good choice. Marginal decision are made by using marginal analysis, that is comparing the cost and benefits of spending a little more or a little less.

In this scenario, she spends $1 more to buy her sister a doll because she thinks her sister would love it. The marginal cost in this case is $1. As a result on spending more on the gift, she spends less on her dress.

A small percentage change in quantity demanded divided by a larger percentage change in price indicates _______ demand.

Answers

A small percentage change in quantity demanded divided by a larger percentage change in price indicates Elastic demand.

How does the price elasticity of demand affect a company's pricing strategy?

The price elasticity of demand refers to how sensitive the quantity demanded of a product is to changes in its price. If the demand for a product is elastic, meaning that a small change in price leads to a larger change in quantity demanded, then the company needs to be careful not to set prices too high, as this can lead to a significant decrease in sales. In this case, the company may need to lower its prices to increase sales.

On the other hand, if the demand for a product is inelastic, meaning that a change in price leads to a relatively small change in quantity demanded, the company can afford to set higher prices without losing many customers. In this case, the company can increase its profits by raising prices.

Therefore, understanding the price elasticity of demand is crucial for companies to set optimal prices for their products and maximize profits. It can also help companies to determine the most effective pricing strategy for their product in different market conditions.

To know more about Elasticity visit:

https://brainly.com/question/28790459

#SPJ1

A small percentage change in quantity demanded divided by a larger percentage change in price indicates  inelastic  demand.

What is inelastic demand?

"Inelastic demand" is a term that economists use to refer to a situation where demand for an item remains the same, no matter how far its price rises or falls.

Inelastic demand in economics occurs when the demand for a product doesn't change as much as the price.

A steep demand curve graphically represents inelastic demand. The steeper the curve, the more inelastic the demand for that product or service is.

Inelastic demand applies to products that are hardly responsive to price changes, such as gasoline or prescription drugs.

How Does Inelastic Demand Work?

The Law of Demand says that the amount purchased should move inversely to price. That means that there should be a decrease in demand as prices increase, and an increase in demand as prices decrease. However, this relationship between price and demand isn't always perfectly correlated.

Learn more about Inelastic demand

https://brainly.com/question/30103518

#SPJ1

Write a sample professional greeting you would record on your professional cell phone to be heard by employers and recruiters if they reach your voice mail.

Answers

Answer:

hello you have reached Micah micks office line if this is an emergency please hang up and call my personal line if this isn't please leave an voicemail and ill get back to you shortly thank you goodbye

Explanation:

Answer:

Hello this is *your name* from the *blank* department. If you're calling for an emergency please contact my regular phone and I will try my hardest to get in contact with you as soon as possible.

Explanation:

Which type of Financial Aid am I? I am given to students who come from lower-income families and I do not need to be repaid. *

Answers

Grant. A grant, is a form of financial aid that doesn’t have to be repaid.

Any christian guys wanna be friends?

Answers

Answer:

Explanation:

Im not a guy im a girl but can we still be friends

According to the video, what are some qualities Clergy need? Check all that apply. knowledge of office technology able to speak multiple languages able to inspire confidence sensitive to the needs of others awareness of medical treatments

Answers

Answer:

It's C and D

Explanation:

It's correct on Edge! :3

Answer:

C and D are correct

Explanation:

According to the video, what are some qualities Clergy need? Check all that apply. knowledge of office

Dena Liu is 20 years old and is considered a dependent of Dena’s parents for tax purposes. Assume the taxable year is 2022.
Required:
Compute Dena’s taxable income if Dena’s only income item was $2,712 interest earned on a certificate of deposit.
Compute Dena’s taxable income if Dena had two income items: $2,712 interest earned on a certificate of deposit and $3,276 wages from a part-time job.
Compute Dena's taxable income if Dena was not considered a dependent for tax purposes in part a and part b.

Answers

Dena would not have to file a tax return since her taxable income is negative.

Part (a)

In this part, we need to find the taxable income of Dena if Dena's only income item was $2,712 interest earned on a certificate of deposit. Since Dena is a dependent, her standard deduction is $1,100 for 2022. Therefore, the taxable income for Dena would be:

$2,712 (Interest Income) - $1,100 (Standard Deduction) = $1,612

Part (b)

In this part, we need to find the taxable income of Dena if she had two income items: $2,712 interest earned on a certificate of deposit and $3,276 wages from a part-time job. Since Dena is a dependent, her standard deduction is $1,100 for 2022. Therefore, the taxable income for Dena would be:

$2,712 (Interest Income) + $3,276 (Wages) - $1,100 (Standard Deduction) = $4,888

Part (c)

In this part, we need to find the taxable income of Dena if she was not considered a dependent for tax purposes in part a and part b. Since we do not have any information about Dena's filing status, we will assume that she files as a single taxpayer. The standard deduction for a single taxpayer in 2022 is $12,950.

Therefore, the taxable income for Dena would be:

Part a:

$2,712 (Interest Income) - $12,950 (Standard Deduction for a Single Taxpayer)

= - $10,238 (Negative taxable income, so Dena would not have to file a tax return)

Part b:

$2,712 (Interest Income) + $3,276 (Wages) - $12,950 (Standard Deduction for a Single Taxpayer)

= -$6,962 (Negative taxable income, so Dena would not have to file a tax return)

Therefore, in part c Dena would not have to file a tax return since her taxable income is negative.

Learn more about dependent from the link given below:

brainly.com/question/30094324

#SPJ11


_______are made of pooled money of shareholders in a company invested
by a fund manager
Mutual Funds
Savings Bonds
Certificates of Deposit

Answers

certificates of deposit

This would be a mutual fund

Ottocell Motor Company just paid a dividend of $1. 40. Analysts expect its dividend to grow at a rate of 10 percent next year, 8 percent for the following two years, and then a constant rate of 5 percent thereafter. What is the expected dividend per share at the end of year 5?

Answers

The recent dividend payment from Ottocell Motor Company was $1.40. At the conclusion of year 5, the anticipated dividend per share is $1.98.

What does "business" actually mean?

A group of people can form a legal entity called a corporation to run and manage a commercial or industrial business. A corporation may very well be set up by a variety of methods for tax and financial obligation concerns depending also on section 4(2 of its jurisdiction.

What does the Company ending mean?

The play's ending is left up to the audience's assessment because Robert may have been thinking about it the entire time before he realized he wanted to live alone. The production has no predetermined running length for the musical, and Robert is celebrated his 35th birthday three times by his pals.

To know more about Company visit :
https://brainly.com/question/27238641

#SPJ4

What is the difference between a routine and a major decision

Answers

Answer: routine decision- the type made every day without much though

planned decision- use more time and energy to make the best choice

Explanation: i really hoped it helped.

A tax that takes a higher percentage of income from people with lower
incomes is a
A. progressive tax
B. deductive tax
C. dependent tax
D. regressive tax

Answers

A regressive tax is a  tax that takes a higher percentage of income from people with lower incomes. Hence, option D is correct.

What is regressive tax?

When the overall tax burden drops as income increases, the tax is said to be regressive. While middle- and high-income taxpayers suffer a proportionally smaller part of the tax burden, low-income taxpayers bear a disproportionately large share.

Every taxpayer, regardless of economic level, pays the same amount of money, a regressive tax may initially seem to be a fair method of taxing residents. A closer analysis reveals that such a tax results in lower-income persons paying a bigger percentage of their income than do wealthy ones.

Thus, option D is correct.

For more details about regressive tax, click here:

https://brainly.com/question/9373731

#SPJ2

as long as household income and wealth are limited, all curves will intersect the axis

Answers

No, not all curves will intersect the axis as long as household income and wealth are limited.

The statement that all curves will intersect the axis as long as household income and wealth are limited is not accurate. Curves represent relationships between variables, and their intersection with the axis depends on the specific relationship being depicted. For example, a curve representing household income may start at a positive value on the y-axis, indicating a minimum income level even when wealth is limited.

Similarly, a curve representing wealth may not intersect the x-axis (representing zero wealth) if there are minimum levels of inherited wealth or other non-income sources. Therefore, the assertion that all curves will intersect the axis due to limited income and wealth is not universally true.

Learn more about household income: https://brainly.com/question/29371694

#SPJ11

What would someone use a card catalogue to do?



look up a book in a library


order a set of greeting cards


see how much vintage playing cards are worth


keep track of books checked out of a library

Answers

An individual  can make use a card catalogue to : A. look up a book in a library.

What is card catalogue?

Card catalogue can be defined as the card that enables a person to locate the books they are looking for in a  library. This card catalogue often includes the name of the person who wrote the book as well as the title of the book.

Most schools tend to often includes card catalogue in their school library so as to make it easy for their student to look up a book in the library without having to stress themselves before finding a book.

Therefore the correct option is A.

Learn more about card catalogue here: https://brainly.com/question/4177700

#SPJ1

Constructive criticism is offered in a way that encourages growth and learning.”

Answers

Answer: Constructive criticism encourages growth and learning by being positive and encouraging, offering solutions to problems, targeting specific areas for improvement and by being expressed only in private.

Explanation:

Here is the correct question:

Support this statement using complete sentences: “Constructive criticism is offered in a way that encourages growth and learning.”

Constructive criticism is when an individual offers valid opinions about what others have done in a way that doesn't fault the person but rather encourages the person to improve.

The person offered constructive criticism should not be criticised in public but rather praised in public while he or she is then criticised in private. Criticism should be done in a friendly manner and not an unfriendly or aggressive manner.

What can a cover letter explained that a resume cannot?

Answers

Answer:

hi

Explanation:

Which statement is the best example of the inelasticity of supply?
A. a wheat farmer must harvest his own crop when it is ripe
B. a pizza parlor makes twice as many pizzas on Saturdays than on Wednesdays
C. a grocery store expands its produce section
D. a barber shop changes it’s hours of operation

Answers

Answer:

I think the letter B.????????

Explanation:

pa brainliest nalang po kung tama

Answer:

Explanation:

The Answer is A: a wheat farmer must harvest his own crop when it is ripe

give short introduction about tourism industry​

Answers

Answer:

Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.

Answer:

Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.

What are at least two things you should check for accuracy on your credit report?

Answers

It is important to check your credit report for accuracy on a regular basis. When checking your credit report, there are two main things you should look for: personal information and account information.

Your name, Social Security number, address, contact details, and date of birth are all considered to be personal information.

Creditor names, account numbers, balances, payment history, and any other public data are all included in account information.

As inaccuracies might result in inaccurate credit scores and other issues, it is crucial to make sure that all of this information is exact and current.

A smart technique to make sure your credit information is correct and current is to check your credit report for accuracy.

To know more about credit report,

https://brainly.com/question/1618296

#SPJ4

What is comprehensive auto insurance

Answers

Answer:Your comprehensive car insurance coverage, also known as other than collision coverage, can help pay the costs of damage to your car for non-accident related claims. ... This insurance helps cover damage up to your car's actual cash value  minus any deductible amount

Explanation:

In the context of the poem, how do people face death? How does Keats challenge the inevitably of death in this poem? How do people use art to overcome death?

Answers

Most of John Kets' poems have the theme of human emotions and feelings, such as love and death, and death is portrayed by the author in the form of being an emotional challenge for human beings, who fear it, but at the same he hopes that there will be a moment of reunion through the precepts of faith.

How does art transform human beings?

Art is an instrument of expression, it is the possibility for individuals to express themselves freely through poems, texts and songs, for example, where they can portray their emotions in order to transform them into something meaningful and reflective for themselves and for others.

Therefore, art is an instrument of personal expression, being a way of developing creativity through variables that are intrinsic to human life, such as its challenges, difficulties, observation of nature, social interaction, etc.

Find out more about poems here:

https://brainly.com/question/9861

#SPJ1


Please write general information about ( USA economy)

Answers

The USA economy is characterized by its strength, innovation, and resilience. It has a diverse range of industries, a strong entrepreneurial spirit, and a global influence on economic trends.

The United States economy is the largest in the world, with a diverse range of industries contributing to its strength. It operates as a market-oriented system, driven by private enterprise and innovation. The country's GDP consistently ranks among the highest globally, reaching approximately $21.43 trillion in 2020. With a strong focus on services, manufacturing, finance, healthcare, technology, and agriculture, the USA offers a wide range of employment opportunities. It is known for its technological advancements, with leading companies shaping the global tech landscape. The USA's financial markets, particularly Wall Street, play a crucial role in global finance. However, the economy faces challenges related to income inequality, healthcare costs, infrastructure, and environmental sustainability, which are subjects of ongoing policy discussions. Overall, the USA economy is characterized by its resilience, entrepreneurial spirit, and global influence.

Learn more about USA economy here:

https://brainly.com/question/30106707

#SPJ11

unscramble the message:
1 4M n07 s4D B|_|7 1 4M n07 h499y 317H3r. 1 4M D399R3$$3|)

Answers

Answer:

"I am not sad (b-word) I am not happy either. I am depressed"

Explanation:

Hope this helps?

What is meant by the economic problem?

Answers

Answer:

hey! hope this helps love! Economic problems asserts that an economy's finite resources are insufficient to satisfy all human wants and needs. Economics involves the study of how to allocate resources in conditions of scarcity.

You're given a monthly budget of $400 for social media advertising. You want to set a daily budget for February to insure you don't overspend for the month. What is your daily budget? (It is not a leap year.)

Answers

Answer:

$14.28

Explanation:

you will have a couple of cents left over at the end because you cant evenly divide 400 by 28

Amelie received an email that claimed to be from a Nigerian prince who needed help setting up
a bank account but would pay thousands of dollars if Amelie helped him. What kind of email is
this?
a) Ad
b) Spam
c) Junk
d) Support

Answers

Answer:

Explanation:

Spam

What are PACS and explain what they do?

Answers

PACS means political action committee. It is formed with a objective to collect funds from member of committee and then distributing it on the campaign of political candidates in order to make them win.

In 1943, when US government forbade unions to donate personally in political campaign, then PACs was formed. PACs also known political action committee is an organization formed with the motive to make a candidate win the election or defeat the other candidate by organizing the funds from its members, organization, association and individuals etc. It give funds to political drives, law making body, ballot etc. There are mainly five type of political action committee: Separate Segregated Funds, Nonconnected committees, Super PACs, Hybrid PACs and Leadership PACs. According to law, political action committee is not allowed to contribute more than 5000 dollar to a candidate.

To learn more about political action committee refer here

brainly.com/question/30076027#

#SPJ4

the federal reserve act gave the federal reserve board the authority to a guarantee individual banking deposits against bank failures. b close weak banks. c issue paper money and increase or decrease the amount of money in circulation by altering interest rates. d take the u.s. dollar off the gold standard. e permit the free coinage of silver.

Answers

The Federal Reserve Act, passed in 1913, gave the Federal Reserve Board the authority to: Issue paper money and increase or decrease the amount of money in circulation by altering interest rates. (C)

In 1913, the Federal Reserve Act, passed by Congress, established the Federal Reserve System as the country's central bank.

The Federal Reserve Board, which was created by the act, was given the power to issue paper money and alter interest rates, thus increasing or decreasing the amount of money in circulation.

The Federal Reserve Board is in charge of the country's monetary policy, which has a significant impact on the economy. As a result, the Federal Reserve Board's policies can help to stabilize or stimulate the economy. The correct answer to the given question is C.

To know more about Federal Reserve Act click on below link:

https://brainly.com/question/14700070#

#SPJ11

given the following interests or hobbies, choose 3 and fill the rest of the table of what is being asked. skill/interests/hobbies?

Answers

Answer:

Explanation:im cracked at 1v1.lol my guy my intetests are playing games my guy and my hobbies are eating my guy

Answer:

maybe your interests, your personality, interests, hobbies, etc.

Explanation:


Which choice best describes differences in corporate decision-making
between the United States and the European Union?
A. Workers in the United States are usually more involved in
corporate decision-making.
B. Workers in the European Union are involved less in decisions over
labor.
ternati
C. Workers in the European Union are usually more involved in
corporate decision-making.
D. Workers in the European Union are usually less active in trade
unions.
expand
SUBMIT

Answers

Answer:

C.WORKERS in the European union are usully move involved in corporate decision-makng

Answer: workers in the European Union are usually more involved in corporate decision-making.

Explanation:

A p e x

Find a recent new article relating to the use/misuse of inventory/assets within a business/organization that sells inventory.
Summarize the event by writing a report on your findings. Keep in mind what is considered to be good corporate governance, ethical behavior and internal auditing and control

Answers

Stock to sales is a performance ratio this is used to decide the rate at which the corporation is liquidating its inventory. but honestly, the inventory to sales ratio measures the amount of inventory the company is wearing compared to the quantity of income that is being made.

The principle feature of inventory is to provide operations with ongoing delivery of substances. To gain this function efficiently, your enterprise needs to try to discover a candy spot between an excessive amount and too little, without ever walking out of stock.

The 3 maximum commonly used stocks are uncooked substances, work in development (WIP) inventory, and finished items. inventory refers to all the products, items, and materials bought or manufactured by means of a commercial enterprise for selling to the customer to make an income.

Learn more about inventory sales here;

https://brainly.com/question/24868116

#SPJ9

Other Questions
Transform the solid black function to match the dotted line please help explain and solve Which excerpt from O Connor's Good Country People best reveals the irony? A car brakes from 25 m/s to 16 m/s in 2. 0s. What is its acceleration? ____is excludable and _______is nonexcludable. O A. A car; a home B. The services of city police; driving along the Pacific coast C. National defense; the law D. A camera; a concert in a public park the formal, written document that spells out the relationship between the union and management for a specified period of time is called a(n) MARK AS BRAINLIEST An artist has a block of clay in the shape of a cube. The edges of the cube measure 3 inches. The artist will use the clay to make models ofpine trees. Each tree will be a solid cone with a base diameter of 1.5 inches and a height of 2 inches.Part ADetermine the greatest number of clay pine trees that the artist can make. Show your work. Q) What do you think the poem below is trying to say about the comfort of music?The poemvvvvvvvvvvvvSing to me! Something of sunlight and bloom, I am so compassed with sorrow and gloom, I am so sick with the worlds noise and strife, Sing of the beauty and brightness of lifeSing to me, sing to me! Sing to me! Something thats jubilant, glad! I am so weary, my soul so sad.All my earth riches are covered with rust, All my bright dreams are but ashes and dust.Sing to me, sing to me! Sing of the blossoms that open in spring, How the sweet flowers blow, and the long lichens cling, Say, though the winter is round about me, There are bright summers and springs yet to be.Sing to me, sing to me! Sing me a song full of hope and of truth, Brimming with all the sweet fancies of youth! Say, though my sorrow I may not forget, I have not quite done with happiness yet.Sing to me, sing to me! Lay your soft fingers just here, on my cheek; Turn the light lowerthereno, do not speak, But sing! My heart thrills at your beautiful voice; Sing till I turn from my grief and rejoice.Sing to me, sing to me! 4(2x-5)+6=-3(-4x+8)-7each step has to be written out in English wordsplease can you help me How do you write a claim statement for an argumentative essay? What is the answer to these two questions? *50 points**Please help!! Prior to Christine Days arrival, What was the culture of lulelemon? An extract of a balance sheet is given. What is the total asset turnover ratio?Balance Sheet (extract), December 31st, 2xxx $Intangible Assets 5,000Tangible Assets 10,000Current Assets 5,000Investments 5,000Current Liabilities 10,000Long Term liabilities 30,000Net Sales 40,000The debt-equity ratio of Creatz Ltd. is 1.6 (Express your answer to two significant figures). x = t - 2 sin(t) y=1 - 2 cos(t) 0 the nurse is assisting a health care provider to perform a sigmoidoscopy. in which position would the nurse place the client for this procedure? what will be expected change in the price of unleaded gas if the crude oil price is expected to fall by 5%. the current price of crude oil and unleaded gas are $74 and $3.10 respectively? Each letter in this addition problem stands for a different digit, but, for example, all of theH's stand for the same digit. Reconstruct the problem to find the value of THERE. HALT+HALT-THERE what is the gradient?please help The Ku Klux Klan targeted? check all that apply ?African Americans immigrantsjews catholics white protestants A client has been living with a diagnosis of anemia for several years and has experienced recent declines in hemoglobin levels despite active treatment. Which assessment finding would signal complications of anemia HELP ASAP!!! SO CONFUSING!!![tex]n\cdot \:e\cdot \:v^e\frac{r}{14}g\cdot \:o\cdot \:n^n\cdot \frac{a}{15}g\cdot \:i\cdot \:v\cdot \frac{e}{1509}=231847921387[/tex]GIVING BRAINLIEST!!!