subject
Business, 24.06.2019 23:20 smithsa10630

Suppose the economy is currently in long run macroeconomic equilibrium, with actual gdp equal to potential gdp.(a) depict this situation using ad-as, being sure to label all curves and axes. suppose the economy then suffers a negative supply shock.(b) depict the effect this will have on aggregate demand, and the new short run equilibrium. (c) depict the effect this has in the keynesian cross diagram.(d) depict what will happen in the long run, in this economy.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
Agood for which demand increases as income rises is and a good for which demand increases as income falls is
Answers: 1
question
Business, 22.06.2019 01:30
At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting
Answers: 1
question
Business, 22.06.2019 02:30
Ds unlimited has the following transactions during august. august 6 purchases 58 handheld game devices on account from gamegirl, inc., for $140 each, terms 2/10, n/60. august 7 pays $340 to sure shipping for freight charges associated with the august 6 purchase. august 10 returns to gamegirl three game devices that were defective. august 14 pays the full amount due to gamegirl. august 23 sells 38 game devices purchased on august 6 for $160 each to customers on account. the total cost of the 38 game devices sold is $5,448.51. required: record the transactions of ds unlimited, assuming the company uses a perpetual inventory system. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your answers to 2 decimal places.)
Answers: 2
question
Business, 22.06.2019 12:50
Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?
Answers: 1
You know the right answer?
Suppose the economy is currently in long run macroeconomic equilibrium, with actual gdp equal to pot...
Questions
question
Mathematics, 30.03.2021 17:00
question
Mathematics, 30.03.2021 17:00
question
Mathematics, 30.03.2021 17:00
question
Computers and Technology, 30.03.2021 17:00
Questions on the website: 13722363