Use the aggregate demand/aggregate supply framework to answer the following questions:

(a) A sharp decline in the stock market due to an increase in corporate bankruptcies leads to a decline in consumer and business confidence. What effect would you expect this shock to have on output and inflation in the short-run?
(b) The US government decides to lower military expenditures to reduce the budget deficit. What effect would you expect this shock to have on output and inflation in the shortrun?
(c) State and local governments increase infrastructure spending on highways and bridges boosting potential output. What effect does this shock have on output and inflation in the short-run? What effect does this shock have on output and the inflation in the long-run if monetary policy does not respond?
(d) A surge in violence in the Mideast causes a temporary spike in global oil prices. What effect would you expect this shock to have on output and inflation in the short-run?
(e) A temporary tax rebate is enacted by Congress in an effort to boost reelection prospects. What effect would you expect this shock to have on output and inflation in the shortrun?

Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar’s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

What is the correct percentage of texas teachers charged with ethics violations each year?