Assume that the Phillips curve for a given economy is given by: n=nt-1-0.5 (ut -0.06) a. Explain the concept of the natural level of unemployment using the above Phillips curve b. draw the short-run and the long-run Phillips curve c. Suppose that the Central Bank wants to reduce the mflation rate in period t by 5% According to the Phillips curve defined above explain the effects of this policy in the short-run. By considering the Olun's law, what is the change in GDP that will be associated with the change in unemployment rate​

King fisher aviation is evaluating an investment project with the following case flows: $6,000 $5,500 $7,000 $8,000 discount rate 14 percent what is the discounted payback period for these cash flows if the initial cost is 15,000? what if the initial cost is $12,000? what if the cost is $16,000?

Intronix uses copy editors, computer graphics specialists, and java programmers to produce ads for magazines and the internet. the average new ad for magazines typically requires 180 hours of a copy editor's time and 135 hours of a computer graphics specialist's time, whereas ads produced for the internet require 35 hours of copy editor time, 195 hours of computer graphics time, and 60 hours of a java programmer's time. lassie food, a dog food manufacturer, has hired intronix to produce ads in the next four week. although currently it considers magazine ads 3 times more valuable than internet ads, it still wishes to have at least 2 of each produced within the next four weeks. intronix has assigned up to 3 copy editors, 4 computer graphics specialists, and 1 java programmer, each committed to work up to 70 hours per week on the project. how many of each type of ad should be produced to maximize the overall value to lassie foods

How do communism and socialism differ in terms of the role that government plays in the economy ?