Ans) the correct option is d) the operations of supply and demand
When there is a flood, the supply of corn will decrease and shifts to the left so price will increase.
The floods of 1993 caused the price of corn to increase. This is an example of...
TUTALT Macro - Fall 2019 Quiz 3 Chapter 22 & 23 NAME If Samantha quits her job voluntarily and actively quits her job voluntarily and actively searches for other work, then she is considered A) structurally unemployed. B) frictionally unemployed. place C) cyclically unemployed. D) not to be unemployed. Telephone operators who have lost their jobs as a result of computerized switchboards are an example of A) structural unemployment. B) frictional unemployment. C) cyclical unemployment. D) voluntary unemployment. The floods...
If Samantha quits her job voluntarily and actively searches for other work, then she is considered A) structurally unemployed. B) frictionally unemployed. C) cyclically unemployed. D) not to be unemployed. Telephone operators who have lost their jobs as a result of computerized switchboards are an example of A) structural unemployment. B) frictional unemployment. C) cyclical unemployment. D) voluntary unemployment. The floods of 1993 caused the price of corn to increase. This is an example of A) inflation. B) deflation C)...
Samantha quits her job voluntarily and actively searches for other work, then she is considered A) structurally unemployed. B) frictionally unemployed C) cyclically unemployed. D) not to be unemployed. Telephone operators who have lost their jobs as a result of computerized switchboards are an example of A) structural unemployment B) frictional unemployment C) cyclical unemployment D) voluntary unemployment. The foods of 1993 caused the price of corn to increase. This is an example of A) inflation B) deflation C) a...
QUESTION 7 Deflation cembined with an econonic recession is caused by o a an increase in aggregale b a combination of a decrease in aggregate demand and anoc.a decrease in d an increase ine a decrease in temand increase in aggregato supply ggregale supply aggregate supply aggregate demand QUESTION 7 Deflation cembined with an econonic recession is caused by o a an increase in aggregale b a combination of a decrease in aggregate demand and anoc.a decrease in d an...
7. Suppose an increase in the world price of corn is sustained throughout a long time period. The supply of corn over time will likely, a. become more elastic because consumers have more choices over longer time horizons. b. become more elastic because it takes corn a relatively long amount of time to mature from planting to harvest. c. become less elastic (more inelastic) because consumers have fewer choices over longer time horizons. d. become less elastic (more inelastic) because...
7. Suppose an increase in the world price of corn is sustained throughout a long time period. The supply of corn over time will likely, a. become more elastic because consumers have more choices over longer time horizons b. become more elastic because it takes corn a relatively long amount of time to mature from planting to harvest. c. become less elastic (more inelastic) because consumers have fewer choices over longer time horizons. d. become less elastic (more inelastic) because...
inflation caused by an increase in money supply is called: a demand pull b cost push c administrative inflation d a combination of administrative and speculative inflation
What happens to the market for corn if there is a drought that affects corn growers? Select one: O a. A rightward shift in supply, a decrease in price, and an increase in quantity O b. A leftward shift in supply, an increase in price, and a decrease in quantity O c. A decrease in supply, an increase in demand, and an increase in price O d. A decrease in supply, a decrease in demand, and a decrease in price
What happens to the market for corn if there is a drought that affects corn growers? Select one: O a. A rightward shift in supply, a decrease in price, and an increase in quantity O b. A leftward shift in supply, an increase in price, and a decrease in quantity O c. A decrease in supply, an increase in demand, and an increase in price O d. A decrease in supply, a decrease in demand, and a decrease in price
Consumers eat salsa with corn chips. The price of salsa rises. How does the increase in the price of salsa affect the demand for corn chips? Select one: O A. It decreases the demand for corn chips. O B. It will decrease the demand for corn chips only if corn chips are a normal good. O O O C. It increases the demand for corn chips. D. It has no effect on the demand for corn chips. E. It could...