Advanced Placement (AP), 23.03.2020 18:02 Thisisdifinite
Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer.
The economy of Country X is at full employment.
(a) Draw a correctly labeled graph of the long-run aggregate supply, short-run aggregate supply, and aggregate demand curves, and show each of the following.
(i) Current price level, labeled PL1
(ii) Current real output, labeled Y1
(b) Assume that household income increases as a result of recent economic prosperity in Country X. On your graph in part (a), show the effect of the increase in household income on real output and price level.
(c) What will be the effect of the change identified in part (b) on unemployment in Country X?
(d) Will the change in real output shown in part (b) be smaller or larger in the presence of automatic stabilizers? Explain.
Answers: 1
Advanced Placement (AP), 24.06.2019 22:00
Stereotypes can influence the way we think about a specific group of people. this is especially common in racial and ethnic group, but it is not reserved specifically for those groups. stereotypes can also apply to school groups, cliques, and neighborhoods. a stereotype is similar to which of the following terms: a)feature detectors b)texture gradient c)perceptual set d)stereogram e)relative clarity
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Motorcyclists may have to suddenly change direction when encountering a. potholes and reflective markers b. yellow lights c. pavement seams and railroad crossings d. strong winds
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Advanced Placement (AP), 26.06.2019 06:20
In "daniel in the lion's den" what law do the princes trick the king into signing?
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Advanced Placement (AP), 28.06.2019 00:30
How may distinctive languages are spoken in the world ?
Answers: 1
Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly l...
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