Question: Explain the following statement Any deviation from planned outp
Explain the following statement: Any deviation from planned output or planned expenditures (Consumption + Investment) will throw the economy into disequilibrium. To illustrate your explanation, provide an example of how actual output might deviate from planned output and how actual expenditures might deviate from planned expenditures. List any economic reactions might you expect in the examples you provide.
Relevant QuestionsThree months ago you purchased, at par, a $100,000 bond with a stated interest rate of 5%. Today, the Federal Reserve announced that it is reducing the discount rate by 0.5%. How would you expect this announcement to affect ...Are all expenditures of a government included in the calculation of GDP for that nation? Why or why not? If not, what government expenditures should be excluded from GDP? Are income taxes collected by the government from ...Which of the following is NOT an example of an externality? Explain why the other examples are externalities and why the one you selected is not.a. Government tax imposed on smog b. Noise from a barking dog c. ...How does grazing by native herbivores impact grassland ecosystems, what are the differences between pastoralist grazers and ranchers? Which is better for the grassland and how do we know this? SOL1UTION Grazing by native ...Consider Kremers 0-ring model. There are 4 workers in this economy, Jack, Fred, Melbaand Daphne. Suppose that there are two firms and each firm hires only two workers ,each workers , each of whom has skill level equal to q ...
Post your question