In the short run, what is the impact on the price level and Real GDP of each
Question:
(a) An increase in consumption brought about by a decrease in interest rates;
(b) A decrease in exports brought about by an appreciation of the dollar;
(c) A rise in wage rates;
(d) A beneficial supply shock;
(e) An adverse supply shock;
(f) A decline in productivity.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
a A decrease in interest rates increases autonomous consumption which shi...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
a. Johnson plans to use the preceding ratios as the starting point for discussions with RR's operating team. Based on the data, does RR seem to be following a relaxed, moderate, or restricted current...
-
The Federal Reserve expands the money supply by 5 percent. a. Use the theory of liquidity preference to illustrate in a graph the impact of this policy on the interest rate. b. Use the model of...
-
In problem, suppose the city imposes a sales tax of $6 per widget. a. In the short run, what is the new price of a widget? b. In the long run, what is the new price of a widget? c. In the long run,...
-
Find and draw y(t) for the system below X(t)-21tl and h(t) as below h(t)
-
For the following transactions, indicate whether the accountant for Jacksonville Company should debit or credit the account in parentheses (use dr. or cr.): 1. Jacksonville sold merchandise on credit...
-
It is required to design a cantilever retaining wall to retain a 5.0 m high sandy backfill. The consultant suggests the dimensions and soil properties shown in Figure P17.6 and requires that the wall...
-
Describe the hiring decision of a perfectly discriminating monopsonist and of a nondiscriminating monopsonist. In what sense do monopsonists exploit workers?
-
A consumer electronics company is comparing the brightness of two different types of picture tubes for use in its television sets. Tube type A has mean brightness of 100 and standard deviation of 16,...
-
Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department started 10,700 units during November. The following production activity in both units and costs...
-
David Berger was about to achieve his dream. Having finished culinary school and then completed his hospitality management degree, David was ready to seek the financial backing he needed to open what...
-
A change in the price level affects which of the following? (a) The quantity demanded of Real GDP; (b) Aggregate demand; (c) Short-run aggregate supply; (d) The quantity supplied of Real GDP.
-
Identify the details of each of the following explanations for an upward-sloping SRAS curve: (a) Sticky-wage explanation; (b) Worker-misperception explanation.
-
What kinds of businesses would depend on floor planning?
-
Show that the response of an underdamped, second-order system to an impulsive input \(\delta(t-a), a=\) const \(>0\), and zero initial conditions, is described by \[\left[\frac{1}{\omega_{d}}...
-
What is the value of resistor \(R\) in Figure Q23.34? A. \(4.0 \Omega\) B. \(12 \Omega\) C. \(36 \Omega\) D. \(72 \Omega\) E. \(96 \Omega\) ww AV=8.0 V 2.0 A R ww 15 ww 1002 FIGURE Q23.34
-
The equation of motion for the torsional mechanical system in Figure 8.5 is derived as \(J \ddot{\theta}+B \dot{\theta}=T(t)\), where \(J, B=\) const, \(\theta\) is the angular displacement, and...
-
A potentiometer is a variable resistor with three terminals. Figure 6.12a shows a potentiometer connected to a voltage source. The two end terminals are labeled as 1 and 2, and the adjustable...
-
Sketch some equipotential lines for the electric field line pattern of an electric dipole.
-
You have been hired to develop a plan for improving traffic flow, waste management, security, and other municipal services in a large urban area. Describe the approaches, IoT technologies, or...
-
Why is it important to understand the macro-environment when making decisions about an international retail venture?
-
Consider the following cash flow. Year Cash Flow 0...........................-$500 1..............................800 2..............................170 3.............................-550 Compute the...
-
Determine the rate of return on the investment for the following cash flow. Year Cash Flow 0...........................-$100 1............................+360 2.............................-428...
-
Compute the rate of return on the investment on the following cash flow. Year Cash Flow 0............................-$1200 1...............................+358 2...............................+358...
-
Total Labor- Square Feet of Department Hours Space Occupied Number of Employees Machine- Hours Direct Labor- Hours Personnel 16,000 12,400 22 Custodial Services 8,200 3,100 49 Maintenance 14,300...
-
6. Given the Venn Diagram, find (AUB)NC A B a W b Y N X C C
-
Prepare one-page description of the company and a one-page description of the project. In the project description, please list all the key stakeholders who will attend the project kickoff meeting....
Study smarter with the SolutionInn App