This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Discuss what factors could cause a real depreciation. What will be an ideal ... (Read 25 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
Discuss what factors could cause a real depreciation.
 
  What will be an ideal response?

Question 2

Explain what is meant by the wage-price spiral.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fatboyy09

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 30, 2018
Answer to Question 1

Decrease in E; increase in P; and decrease in P.

Answer to Question 2

The wage-price spiral refers to the effects of low unemployment on inflation. Specifically, when the unemployment rate falls, the nominal wage will rise. As W rises, firms' costs increase causing them to increase prices. As prices rise, workers will later ask for increases in the nominal wage. This increase in W again causes firms' costs and prices to rise and the process repeats itself.


pragya sharda

  • Member
  • Posts: 566
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Factors Affecting Saturation and Condensation: Effect of Curvature Factors Affecting Saturation and Condensation: Effect of Curvature
Meteorological Factors Affecting Air Pollution Meteorological Factors Affecting Air Pollution
Factors That Affect Your Basal Metabolic Rate Factors That Affect Your Basal Metabolic Rate
Determine the # of real roots from the equation Determine the # of real roots from the equation
Alternative sigma factors for heat shock genes Alternative sigma factors for heat shock genes
Pioneer factors Pioneer factors
Video: Haustral churning, Gastrocolic reflex and mass peristalsis & Defecation

For a complete list of videos, visit our video library