Homework Answers
Answer is A .... because of increased exchange rate and labour productivity decrease production decrease , real domestic gdp output decrease so that's why agreegate supply curve left side shifted..Agreegate demand curve same so price increase.
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Use the following graph to answer the next question Price Level AD Real Domestic Output Assure...
Use the following graph to answer the next question. Price Level AD2 AD AD Real Domestic...
Use the following graph to answer the next question. Price Level AD2 AD AD Real Domestic Output, GDP What combination would most likely cause a shift from AD, to AD2? A) An increase in taxes and an increase in government purchases A decrease in taxes and an increase in government purchases A decrease in taxes and a decrease in government purchases D) An increase in taxes and no change in government purchases
Question 48 (1 point) Use the following graph to answer the next question. AS, AS. (H...
Question 48 (1 point) Use the following graph to answer the next question. AS, AS. (H Price Level E AD. 0 AD A B C Real Domestic Output Other things equal, a shift of the aggregate supply curve from ASo to AS1 might be caused by a(n) Other things equal, a shift of the aggregate supply curve from ASo to AS1 might be caused by an) OA) decrease in nominal wages B) increase in productivity C) decrease in aggregate demand...
AS, AS, (н Price Level E AD AD 0 A B C Real Domestic Output A...
AS, AS, (н Price Level E AD AD 0 A B C Real Domestic Output A shift of the aggregate demand curve from AD, to AD, might be caused by a(n). OA) increase in investment spending B) decrease in the amount of output supplied C) increase in aggregate supply D) decrease in net export spending Which of the following statements is correct? A) A bank can only grant loans to customers if it has excess reserves. B) When borrowers repay...
Price level AD AD & Q2 Q3 Real domestic output, GDP In class, we said that...
Price level AD AD & Q2 Q3 Real domestic output, GDP In class, we said that prices are sticky downward. If that is so, why would price fall from P3 to P2 on this graph? (The answer should be one sentence or two at most)
11 & 12 Use the following graph for questions 11 & 12. AS, Price level Real...
11 & 12
Use the following graph for questions 11 & 12. AS, Price level Real domestic output, GDP 11. In the above diagram, a shift from ASi to AS3 might be caused by a(n): A. increase in productivity B. decrease in the prices of imported resources C. increase in the prices of domestic resources D. decrease in business taxes. 12. In the above diagram, a shift from AS1 to AS2 might be caused by a(n): A. decrease in productivity...
Use the following graph to answer the next question. Price Level 2 0 1 Real Domestic...
Use the following graph to answer the next question. Price Level 2 0 1 Real Domestic Output, GDP Which line represents the long-run aggregate supply curve?
Question 21 1 pts Use the following table which shows the aggregate demand and aggregate supply...
Question 21 1 pts Use the following table which shows the aggregate demand and aggregate supply schedule for a hypothetical economy to answer the next question. Real Domestic Output Demanded Price Level Real Domestic Output Supplied (in billions) (index value) (in billions) $3,000 350 $9,000 4,000 300 8,000 5,000 250 7,000 6,000 200 6,000 7,000 150 5,000 8,000 100 4,000 At the price level of 150, there will be a general surplus in the economy, and output supplied will decrease...
Use the following diagrams for the U.S. economy to answer the following question. AS AS ASZ...
Use the following diagrams for the U.S. economy to answer the following question. AS AS ASZ AS, Level Price Level Price Level AD Real Domestic Output (A) AD Real Domestic Output (B) AS AS Price Level Price Level AD2 AD Real Domestic Output (C) AD AD Real Domestic Output (D) effoductivity Which of the diagrams best portrays the effects of an increase in resource płodu
Ise the following diagrams for the U.S. economy to answer the following question AS, AS₂ AS₂...
Ise the following diagrams for the U.S. economy to answer the following question AS, AS₂ AS₂ AS, Price Level Price Level AD Real Domestic Output (A) AD Real Domestic Output (B) AS AS Price Level Price Level AD AD Real Domestic Output (C) AD AD Real Domestic Output (D) Which of the diagrams best portrays the effects of declines in the incomes of U.S. tradin partners? C. В. А. D acer
Question 7 (3 points) AS2 AS1 AS3 Price Level AD Q₂Q, Q3 Real Domestic Output Which...
Question 7 (3 points) AS2 AS1 AS3 Price Level AD Q₂Q, Q3 Real Domestic Output Which of the following will shift the aggregate supply (AS) curve from AS1 to AS2? O A change in consumer wealth. O A decrease in political stability. Technological advances. More labor resources, which cause wages to fall.
Use the following graph to answer the next question. Price Level AD2 AD AD Real Domestic Output, GDP What combination would most likely cause a shift from AD, to AD2? A) An increase in taxes and an increase in government purchases A decrease in taxes and an increase in government purchases A decrease in taxes and a decrease in government purchases D) An increase in taxes and no change in government purchases
Question 48 (1 point) Use the following graph to answer the next question. AS, AS. (H Price Level E AD. 0 AD A B C Real Domestic Output Other things equal, a shift of the aggregate supply curve from ASo to AS1 might be caused by a(n) Other things equal, a shift of the aggregate supply curve from ASo to AS1 might be caused by an) OA) decrease in nominal wages B) increase in productivity C) decrease in aggregate demand...
AS, AS, (н Price Level E AD AD 0 A B C Real Domestic Output A shift of the aggregate demand curve from AD, to AD, might be caused by a(n). OA) increase in investment spending B) decrease in the amount of output supplied C) increase in aggregate supply D) decrease in net export spending Which of the following statements is correct? A) A bank can only grant loans to customers if it has excess reserves. B) When borrowers repay...
Price level AD AD & Q2 Q3 Real domestic output, GDP In class, we said that prices are sticky downward. If that is so, why would price fall from P3 to P2 on this graph? (The answer should be one sentence or two at most)
11 & 12
Use the following graph for questions 11 & 12. AS, Price level Real domestic output, GDP 11. In the above diagram, a shift from ASi to AS3 might be caused by a(n): A. increase in productivity B. decrease in the prices of imported resources C. increase in the prices of domestic resources D. decrease in business taxes. 12. In the above diagram, a shift from AS1 to AS2 might be caused by a(n): A. decrease in productivity...
Use the following graph to answer the next question. Price Level 2 0 1 Real Domestic Output, GDP Which line represents the long-run aggregate supply curve?
Question 21 1 pts Use the following table which shows the aggregate demand and aggregate supply schedule for a hypothetical economy to answer the next question. Real Domestic Output Demanded Price Level Real Domestic Output Supplied (in billions) (index value) (in billions) $3,000 350 $9,000 4,000 300 8,000 5,000 250 7,000 6,000 200 6,000 7,000 150 5,000 8,000 100 4,000 At the price level of 150, there will be a general surplus in the economy, and output supplied will decrease...
Use the following diagrams for the U.S. economy to answer the following question. AS AS ASZ AS, Level Price Level Price Level AD Real Domestic Output (A) AD Real Domestic Output (B) AS AS Price Level Price Level AD2 AD Real Domestic Output (C) AD AD Real Domestic Output (D) effoductivity Which of the diagrams best portrays the effects of an increase in resource płodu
Ise the following diagrams for the U.S. economy to answer the following question AS, AS₂ AS₂ AS, Price Level Price Level AD Real Domestic Output (A) AD Real Domestic Output (B) AS AS Price Level Price Level AD AD Real Domestic Output (C) AD AD Real Domestic Output (D) Which of the diagrams best portrays the effects of declines in the incomes of U.S. tradin partners? C. В. А. D acer
Question 7 (3 points) AS2 AS1 AS3 Price Level AD Q₂Q, Q3 Real Domestic Output Which of the following will shift the aggregate supply (AS) curve from AS1 to AS2? O A change in consumer wealth. O A decrease in political stability. Technological advances. More labor resources, which cause wages to fall.
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