Business, 17.02.2021 20:30 ameliaduxha7
Aggregate Demand and Aggregate Supply" is about the model that shows us how to distinguish between demand shocks and supply shocks, creating differences between what the economy could produce at full employment, or "potential output," and what is currently being produced, know as an output "gap."
Is there currently a negative output gap, has the output cap closed finally, or is there now a positive output gap? After doing some research online, and reviewing the key terms of this chapter discuss the following:
1. Is the economy in a recessionary gap? an inflationary gap? (Note "inflation" of prices is not the same as an "inflationary gap" between potential output & actual output) Or is the U. S. Economy cruising steadily along at full employment? What evidence is there in the labor force (bea. gov), in the capital utilization rate published by (www. federalreserve. gov)?
2. Use your new economic vocabulary to discuss what economic indicators support your view. (Use current economic data from the Bureau of Labor Statistics, the Census Bureau, the Federal Reserve, etc., and cite your sources).
Answers: 1
Business, 22.06.2019 12:50
Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.
Answers: 3
Business, 22.06.2019 18:50
Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right
Answers: 3
Business, 22.06.2019 21:30
Which of the following results in an increase in the standard of living? a. an increase in unemployment pushes down the cost of production. b. wages go up to correct for the inflation of prices. c. income increases, enabling consumers to buy more goods and services. d. rising production costs drive up the price of goods and services.
Answers: 1
Business, 23.06.2019 00:40
The recognition of which of the following expenses exemplifies the application of matching expenses with the revenues they produced? multiple choice(a) cost of goods sold. (b) advertising.(c) president's salary.(d) research and development.
Answers: 3
Aggregate Demand and Aggregate Supply" is about the model that shows us how to distinguish between d...
Mathematics, 24.01.2020 10:31
Mathematics, 24.01.2020 10:31
English, 24.01.2020 10:31
Mathematics, 24.01.2020 10:31
Chemistry, 24.01.2020 10:31
Social Studies, 24.01.2020 10:31