Question: answer fast pls 9. Use an AD/AS model to show what happens if there is a) a decrease in consumption spending b) a decrease in

answer fast pls 9. Use an AD/AS model to show what

answer fast pls

9. Use an AD/AS model to show what happens if there is a) a decrease in consumption spending b) a decrease in the HST c) an incentive for businesses to increase labour productivity d) a decrease in interest rates e) an increase in government spending ANS: 10.Identify three leakages in the Canadian economy. ANS

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

5. What are the components of aggregate demand? 6. Draw the Aggregate Demand and Aggregate Supply curves for an economy and label the diagram. What is meant by Potential GDP (Long Run Aggregate...

Please help in these two questions. Thank you 9. Use an AD/AS model to show what happens if there is a) a decrease in consumption spending b) a decrease in the HST c) an incentive for businesses to...

6. Draw the Aggregate Demand and Aggregate Supply curves for an economy and label the diagram. What is meant by Potential GDP (LongRun Aggregate Supply)? Draw the Long Run Aggregate Supply if there...

6 2 points Save Answer Economist John Maynard Keynes once said, "In the long run, we are all dead." Keynes was likely O in favor of using fiscal policy. O against the use of fiscal policy. O in favor...

.Ul 10. 11. 12. 13. What are the components of aggregate demand? Draw the Aggregate Demand and Aggregate Supply curves for an economy and label the diagram. What is meant by Potential GDP (Long Run...

Assignment 01 (semester 2) Assignment 01 Unique number 730716 Closing date 30 August 2021 Content Learning units 1 and 2 of the Study Guide and the relevant chapters of the prescribed book Questions...

PART A Imagine that in the year 2022, China's economy slows significantly, causing a decrease in demand for US exports. Use the AD/AS model to explain the likely short run impacts on US. GDP and the...

Your help is needed. C. Assuming that the desired reserve ratio is 25%, banks do not hold excess reserves, and there is no currency drain, what amount of bonds should they buy/sell in order to...

. [18 points] Suppose instead that the economic effect of the pandemic is exclusively a negative aggregate demand shock (a decrease in private spending on goods and services). (2.a1) Use the AD/AS...

Sar Corporation, a 90 percent-owned subsidiary of Pan Corporation, buys half of its raw materials from Pan. The transfer price is exactly the same price as Sar pays to buy identical raw materials...

Consider the following two mutually exclusive projects available to Global Investments, Inc.: The appropriate discount rate for the projects is 10 percent. Global Investments chose to undertake...

Supervision is a major responsibility of those in charge of performing an audit. For example, a supervisor s consideration of the competence of team members includes whether they Are permitted to...

Bill Inc began business on Jan 1, 2017. Its pre-tax financial income for the first two years was as follows: 2017: $ 620000 2018: $ 715000. The following items caused the only differences between...

Suppose you know that the own price elasticity of demand for good X is 2. Suppose that the price in the market is initially $10 and the quantity demanded is 100 units. If price in this market...

AVL Trees are yet another self balancing binary search tree (BST) that are sometimes used in the place of red black trees. The key property of an AVL tree is that for all nodes n in the tree, |...

The following is return data for a retail sector ETF and energy sector ETF for the years 2015 to 2019. Year Retail Sector ETF Energy Sector ETF 2015 0.27 0.45 2016 0.31 0.44 2017 0.72 0.33 2018 0.29...

Manufacturers and merchandisers can apply just-in-time (JIT) to their inventory management. Apple wants to know the impact of a JIT inventory system on operating cash flows. Review Apples statement...

Write a program to wish happy birthday to a student. Firstly, take today month and day as an input and secondly take birthday as an input in the form of month and day. If the input day and month...

1. Empirical or factual information,

1. To take in the necessary information,

7. Find four examples that illustrate the statement: Beyond a certain point, open-ness regarding information and communication can become detrimental to relationships.