Homework Answers
Negative supply shock, e.g. Covid-19 outbreak
Decrease in resource cost and decrease in expected rate of inflation increase aggregate supply.
Add Answer to:
Which of the following would decrease short run aggregate supply? O a decrease in resource costs....
1) The long-run aggregate supply curve shifts to the right when there is A) a decrease...
1) The long-run aggregate supply curve shifts to the right when there is A) a decrease in the total amount of capital in the economy. B) a decrease in the total amount of labor supplied in the economy. C) a decrease in the available technology. D) a decline in the natural rate of unemployment. 2) The short-run aggregate supply curve shifts to the right when A) output gap is higher. B) output gap is lower. C) expected inflation is higher....
1. Which of the following would shift the short-run aggregate supply curve to the right? A chan...
1. Which of the following would shift the short-run aggregate supply curve to the right? A change in the law requiring overtime pay for anyone working more than 30 hours a week A reduction in the minimum wage An increase in oil prices An increase in payroll taxes 2. The fact that investors can always hold cash creates: an upward bound on nominal interest rates. negative nominal interest rates. a problem for monetary policymakers when the short-term interest rates approach...
Looking for some help on this textbook question: Which of the following would cause the short-run...
Looking for some help on this textbook question: Which of the following would cause the short-run aggregate supply curve to shift upward and to the left? a.) A negative price shock b.) A decrease in expected inflation c.) Aggregate output kept below potential for a significant period of time d.) All of the above are correct Thank you in advance!
Suppose foreign incomes decrease. Which of the following would occur in the short-run? A. Group of...
Suppose foreign incomes decrease. Which of the following would occur in the short-run? A. Group of answer choices B. A decrease in profits will lead to a decrease in firm production C. Short-run Aggregate Supply will increase D. Short-run Aggregate Supply will decrease E. A decrease in resource costs will increase profits and production Suppose much of a country's infrastructure, buildings, and machinery are destroyed during a war. What would be the long-run effect of this event? Group of answer...
Which of the following will most likely cause a decrease in short-run aggregate supply (leftward shift) in the goods and services market?
35. Which of the following will most likely cause a decrease in short-run aggregate supply (leftward shift) in the goods and services market? a. An increase in the productivity of labor b. A reduction in the price of crude oil, a major imported commodity c. An increase in resource prices d. Favorable weather conditions in agricultural areas. 36. The vertical long-run aggregate supply curve reflects the fact that in the long run, an increase in the price level. a. Will not alter the economy's maximum...
Determinants of short-run aggregate supply
Determinants of short-run aggregate supplyThe following graph shows a decrease in short-run aggregate supply (AS) in a hypothetical economy where the currency is the dollar. Specifically, the short-run aggregate supply curve shifts to the left from AS1AS1 to AS2AS2, causing the quantity of output supplied at a price level of 100 to fall from $200 billion to $150 billion.0501001502002503003504002001751501251007550250PRICE LEVELQUANTITY OF OUTPUTAS1 AS2 The following table lists several determinants of short-run aggregate supply.Fill in the table by indicating the changes in the determinants necessary to...
which of the following shifts both short-run and long_run aggregate supply left? mestic Question 13 Not...
which of the following shifts both short-run and long_run
aggregate supply left?
mestic Question 13 Not yet answered Which of the following shifts both short-run and long-run aggregate supply left? Points out of 100 Flag question d. Select one: a. a decrease in the actual price level b. a decrease in the expected price level c. a decrease in the capital stock d. a decrease in the money supply eks
17- Both the long run and short run aggregate supply curve will shift when an event...
17- Both the long run and short run aggregate supply curve will shift when an event occurs which is expected to last only a short period of time. they are both upward sloping. a war occurs in the Middle East. the endowments of the factors of production changes 19- Cost-push inflation occurs when the aggregate supply curve shifts to the right, while aggregate demand remains stable. when the aggregate demand curve shifts to the left, while aggregate supply remains stable....
Which of the following will increase both the short-run and long-run aggregate supply curves? A. There...
Which of the following will increase both the short-run and long-run aggregate supply curves? A. There are fewer firms involved in perfectly competitive and monopolistically competitive market structures as the economy features more oligopolies than before. B. The wage rate temporarily decreases throughout the economy. C. Younger workers in the labour force receive better and more training than their predecessors. D. The supply of key raw materials, such as petroleum and bauxite, is reduced. Which of the following is true...
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 househol
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.
1) The long-run aggregate supply curve shifts to the right when there is A) a decrease in the total amount of capital in the economy. B) a decrease in the total amount of labor supplied in the economy. C) a decrease in the available technology. D) a decline in the natural rate of unemployment. 2) The short-run aggregate supply curve shifts to the right when A) output gap is higher. B) output gap is lower. C) expected inflation is higher....
which of the following shifts both short-run and long_run
aggregate supply left?
mestic Question 13 Not yet answered Which of the following shifts both short-run and long-run aggregate supply left? Points out of 100 Flag question d. Select one: a. a decrease in the actual price level b. a decrease in the expected price level c. a decrease in the capital stock d. a decrease in the money supply eks
Most questions answered within 3 hours.
-
6. A long straight wire with circular cross section and radius
1.5 cm carries a 1.2...
asked 1 minute ago -
Deacon Corporation has provided the following financial data
from its balance sheet and income statement:
Year...
asked 51 minutes ago -
List and discuss at least three variables from everyday life for
which you expect the variable ...
asked 49 minutes ago -
A high-pass filter consists of a 1.60 μF capacitor in series
with a 125 Ω resistor....
asked 52 minutes ago -
A newly developed artificial intelligence has trouble
distinguishing hand-written numbers from hand-written alphabets.
There are pictures...
asked 1 hour ago -
The carbonate ion CO3 2- has multiple resonance structures.
a. Draw them and assign the hybridization...
asked 1 hour ago -
In doing an allocation for a basket purchase
Use the individual costs and the total market...
asked 1 hour ago -
what were the social political and economic causes and impacts of
the late 19th century urban...
asked 1 hour ago -
if the magnitude of a velocity vector is 10m/s and it
makes an angle of 45...
asked 1 hour ago -
Which amino acid has a basic R group?
A) tyrosine
B) Isoleucine
C) Glutamic Acid
D)...
asked 1 hour ago -
Is there the need for the government to have hackers. Please
share your thoughts.
asked 1 hour ago -
Explain why you should not lose any LDH activity when you
centrifuge a crude sample at...
asked 1 hour ago