Question

Why is it that the goals of policymaking, that is the criteria by which we assess...

Why is it that the goals of policymaking, that is the criteria by which we assess policy, often conflict?

If the quantity supplied is less than the quantity demanded, there is a _____decrease_________ in the market. (is it correct)

please help me it's complicated. Thankyou

0 0
Add a comment Improve this question Transcribed image text
Request Professional Answer

Request Answer!

We need at least 10 more requests to produce the answer.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)


All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
Why is it that the goals of policymaking, that is the criteria by which we assess...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • 27. Mexican Hut sells tacos and competes with its main rival Burger Queen, which sells hamburgers....

    27. Mexican Hut sells tacos and competes with its main rival Burger Queen, which sells hamburgers. If rising corn prices unexpectedly increase the cost of taco shells for Mexican Hut, which of the following statements are correct in the long run when market equilibrium is restored? (More than one answer is correct. Hint: Use graphs to help answer this question) a. The supply of Mexican Huts tacos will decrease, their price will increase; the demand for Burger Queen’s hamburgers will...

  • Which of the following is not a reason why market equilibrium is significant? Select one: a....

    Which of the following is not a reason why market equilibrium is significant? Select one: a. Because deviations from equilibrium send signals to buyers and sellers to change their plans, b. Because it perfectly coordinates the plans of buyers and sellers. c. Because it is the price where quantity demanded equals quantity supplied. d. Because it determines the inherent usefulness and value of the products we buy. e. none of the above (all of the above are reasons why mkt...

  • Economics is about setting and ordering economic goals which are economic growth,full employment,economic efficiency, price level...

    Economics is about setting and ordering economic goals which are economic growth,full employment,economic efficiency, price level stability,economic freedom,equitable distribution of income, economic security, balance of trade. How you order the goals is based on your political philosophy-its based on value judgements-its a normative issue. Some goals are complimentary while others conflict. For example if you prioritize economic freedom and growth you are a conservative and likely to vote republican.. You would de-emphasize equity and security. If equity and security are...

  • Help with #2 please. 2. Which explains why individual firms under pure competition would not find...

    Help with #2 please. 2. Which explains why individual firms under pure competition would not find it beneficial to advertise their product? A. Firms produce a standardized/homogeneous product. B. The quantity of the product demanded is very large. C. The market demand curve cannot be increased. D. Firms do not make long-run profits.

  • Hi can someone please explain to me which answer is correct and why? uoumed tu exunctiun...

    Hi can someone please explain to me which answer is correct and why? uoumed tu exunctiun because bloldiess is caused by a recessive gene. In trutn, the genetics of human hair color is considerably more complicated than the story postulates.345d But what if hair color really were that straightforward? If blondness were a simple recessive trait, would that mean flaxen hair is predestined to disappear? Q1.1. Do you think recessive traits automatically disappear from populations? Yes. Recessive traits tend to...

  • 1. Which of the following statements about the labor market is (are) correct? (x) The supply...

    1. Which of the following statements about the labor market is (are) correct? (x) The supply curve reflects job seekers and the demand curve reflects the jobs that are available. (y) Workers determine the demand for labor, and firms determine the supply of labor. (z) The minimum wage is an example of a price floor because the government has mandated a minimum price of labor. A. (x), (y) and (z) B. (x) and (y) only C. (x) and (z) only...

  • Remember: Changes in supply determinants shift supply, and changes in demand determinants shift demand. We say...

    Remember: Changes in supply determinants shift supply, and changes in demand determinants shift demand. We say that a shift of supply does not cause a shift of demand, and vice-versa, because it is the adjustment of the market price (via the elimination of temporary shortages and surpluses) that allows the market to arrive at an equilibrium price that causes a stable condition where quantity supplied = quantity demanded. Please analyze the following scenario with a graph, accompanied by a complete...

  • If at some specific interest rate the quantity of money demanded is less than the quantity...

    If at some specific interest rate the quantity of money demanded is less than the quantity of money supplied, people will desire to buy interest-earning assets causing the interest rate to decrease. Select one: True False In recent years, the Fed has conducted policy by setting a target for the federal funds rate. Select one: True False A decrease in taxes is an expansionary fiscal policy designed to increase aggregate demand and reduce unemployment. Select one: True False If aggregate...

  • 1. Assume we divide up the world into two regions: the United States and the rest...

    1. Assume we divide up the world into two regions: the United States and the rest of the world. We will examine the competitive market for simple 2 GB flash drives and the trade between the United States and the rest of the world. We know the supply and demand conditions in each region, which are summarized below: Rest of the World: Supply curve: P=3+Qs P: Price of flash drives Qs: Quantity of flash drives supplied (millions) Demand curve: P=...

  • Which of the following criteria should be used to choose a project if there is a...

    Which of the following criteria should be used to choose a project if there is a conflict between two mutually exclusive projects? A. The project whose payback period is equal to the expected years required to recover the original investment should be chosen. B. The project whose internal rate of return is higher than its modified internal rate of return should be chosen. C. The project whose discounted payback period is longer than its traditional payback period should be chosen....

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT