An economy starts in steady state. a war causes a massive destruction of the capital stock. this shock will cause
a. the economy to converge to a new lower steady state.
b. the economy to enter a period of negative growth.
c. the growth rate of output to rise initially as the economy begins to converge to a new lower steady state.
d. the growth rate of output to rise initially as the economy begins to converge to the old steady state

How supply and demand work together to reach the equilibrium price in the marketplace? give at least a paragraph. you!

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas's fastest-moving inventory item has a demand of 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?

You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?