macroeconomics please help 34. Consider the following events (i) through (x). Decipher how each event will...
34. Consider the following events (i) through (x). Decipher how each event will influence the world demand and supply of oil (shin len, shift right, or no shin) and resulting impact on the price of oil (up or down). Provide a brief (one sentence) reason why -1e. what determinants of supply or demand are changing to cause the resultant effect? If the answer is not clear, say so. (5 pls each) (Tip: A demand and supply diagram for the oil...
Please fill in graph 34. Consider the following events (i) through (X). Decipher how each event will influence the world demand and supply of oil (shin len, shin right, or no shift) and resulting impact on the price of oil (up or down). Provide a brief (one sentence) reason why - i.e. what determinants of supply or demand are changing to cause the resultant effect? If the answer is not clear, say so. (5 pts each) (Tip: A demand and...
Please fill in the graph that's what I need help with 34. Consider the following events (i) through (x). Decipher how each event will influence the world demand and supply of oil (shift ich, shin right, or no shint) and resulting impact on the price of oil (up or down) Provide a brief (one sentence) reason why-i.c. what determinants of supply or demand are changing to cause the resultant effect? If the answer is not clear, say so. (5 pts...
the first photo has the question and the first graph the 2nd picture is the rest of the graph. thank you ? 34. Consider the following events (i) through (X). Decipher how each event will influence the world demand and supply of oil (shin left, shirt right, or no shin) and resulting impact on the price of oil (up or down). Provide a brief (one sentence) reason why - i.e. what determinants of supply or demand are changing to cause...
Determine whether each of the following events shifts the short-run aggregate-supply curve, the aggregate demand curve, or both. For each event that shift a curve, illustrate, and explain the effect using AD-AS. a. Due to Covid-19, many households feel pessimistic with the economy and decide to save more.b. Due to Covid-19 outbreak, many factories are forced to halt production for semiconductor. c. OPEC decide to raise the global price for oil.
Hey, I need help answering these questions, please provide your reasoning to each thanks! 1. Policymakers are discussing various proposals regarding how to deal with natural monopolies. Transportation Minister Gaston wants to regulate natural monopolies by equating price with average total cost. Gaston contends that such a policy will ensure that monopolies make every effort to reduce costs. Finance Minister Chen wants the government to own natural monopolies. Chen argues that government-owned monopolies usually do a better job of holding...