Suppose the economy is initially in long-run equilibrium. The Fed decides to sell bondssell bonds. In the short-run, this contractionary monetary policy will cause: A. A shift from SRAS 1SRAS1 to SRAS 2SRAS2 and a movement to point A, with a higher price level and the same output. B. A shift from AD 2AD2 to AD 1AD1 and a movement to point D, with a lower price level and lower output. C. A shift from AD 1AD1 to AD 2AD2 and a movement to point B, with a higher price level and higher output. D. A shift from SRAS 2SRAS2 to SRAS 1SRAS1 and a movement to point B, with a lower price level and higher output.

mark, a civil engineer, entered into a contract with david. as per the contract, mark agreed to design and build a house for david for a specified fee. mark provided david with an estimation of the total cost and the contract was mutually agreed upon. however, during construction, when mark increased the price due to a miscalculation on his part, david refused to pay the amount. this scenario is an example of a mistake.

Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate.a. after a long search, jon finds a job.b. tyrion, a full-time college student, graduates and is immediately employed.c. after an unsuccessful job search, arya gives up looking and retires.d. daenerys quits her job to become a stay-at-home mom.e. sansa has a birthday, becomes an adult, but has no interest in working.f. jaime has a birthday, becomes an adult, and starts looking for a job.g. cersei dies while enjoying retirement.h. jorah dies working long hours at the office.

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan