For each of the following scenarios, determine the effect on aggregate supply.
a. There...
Business, 21.04.2020 20:52 rwlockwood1
For each of the following scenarios, determine the effect on aggregate supply.
a. There is an unexpected decrease in oil prices.
___ This will cause a movement along the aggregate supply curve to the left, showing a decrease in the quantity of real GDP supplied.
___ This will cause a decrease in aggregate supply, shifting the aggregate supply curve to the left.
___ This will cause an increase in aggregate supply, shifting the aggregate supply curve to the right.
___ This will cause a movement along the aggregate supply curve to the right, showing an increase in the quantity of real GDP supplied.
b. Suppose the government increases the amount that all producers are required to contribute to health insurance coverage
___ This will cause a movement along the aggregate supply curve to the right, showing an increase in the quantity of real GDP supplied.
___ This will cause a decrease in aggregate supply, shifting the aggregate supply curve to the left.
___ This will cause a movement along the aggregate supply curve to the left, showing a decrease in the quantity of real GDP supplied.
___ This will cause an increase in aggregate supply, shifting the aggregate supply curve to the right.
Answers: 2
Another question on Business
Business, 22.06.2019 08:30
Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?
Answers: 2
Business, 22.06.2019 11:10
Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.
Answers: 2
Business, 22.06.2019 18:00
Acountry made education free in mandatory up to age 15. it is established 100 new schools to educate kids across the country. as a result, citizens acquired the _ required to work. the school's generated _ for teachers and other staff. in 20 years, to countryside rapid _ and its gdp.
Answers: 3
Business, 22.06.2019 19:30
Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?
Answers: 3
You know the right answer?
Questions
Social Studies, 10.10.2019 21:30
Geography, 10.10.2019 21:30
Geography, 10.10.2019 21:30
Geography, 10.10.2019 21:30
Computers and Technology, 10.10.2019 21:30
