Suppose that the policy-makers of a foreign country decide to enact policy that reduces unemployment (at the expense of higher prices) just before an election. At the time of the election, however, the reduction in unemployment is much greater than expected, and the pesky inflation increase never occurs.
The graph illustrates the economy before the government attempts to reduce unemployment. Change the graph to illustrate changes in the economy that could result in lower unemployment without an increase in prices.
Note that LRAS represents long-run aggregate supply, SRAS represents short-run aggregate supply, and AD represents aggregate demand.
Answers
Answer:
*see image*
Explanation:
The tool available to the policy-makers that would have resulted in a (short-run) decrease in the unemployment rate is an increase in aggregate demand.
Had nothing unexpected happened, unemployment would have fallen in the short run, and the price level would have risen in both the short and long run. However, that bump in inflation never happened, and a greater-than-expected fall in the unemployment rate occurred. The only unexpected shift that could have caused this is a rise in SRAS.
The SRAS curve shift alone would have resulted in lower (short-run) unemployment and less inflation than would have occurred otherwise (or possibly even deflation). An AD shift of the right size, occurring at the same time as the SRAS shift, would have resulted in no change in the inflation rate and even less unemployment. Depending on the relative sizes of the SRAS and AD shifts, an unexpected fall in AD paired with the increase in SRAS could have led to this result as well.
Related Questions
Outline some of the issues facing women in the twenty-first century
Answers
Answer:
Women did not have the right to vote and were seen as less than equal to male. Women did not have real jobs or own anything to themselves. Instead, they stayed home and cooked, cleaned, and took care of kids.
Explanation:
give reason why dry fruit should be stored in cool dry and well ventilated room ?
Answers
Hope this answers your question
Radhe Radhe
•The conditioning method or process helps to evenly distribute moisture among the different sized pieces of fruit after drying.
•It reduces the likelihood of mold growth and other types of deterioration.
•To condition dried fruit and store it loosely in glass or plastic containers after it has cooled.
Explanation:
given above clearly..
What is hierarchy of needs? Give definition in your own words
Answers
Give 3 reasons why you believe that the Constitution is very important?
Answers
Answer:
It is an important law of the land.
It determines the relationship of the citizens with the governments.
It lays down principles and guidelines which are required for people belonging to different ethnic and religious groups to live in harmony.
There are three 'links'
in the chain
between monetary policy, inflation, and
GDP. Which is the last 'link' or step in
the chain?
A. Decrease in nominal GDP & real GDP
B. Increasing imports
5
C. The Stock Market
Answers
Answer:
An increase in inflation means that prices have risen. With an increase in inflation, there is a decline in the purchasing power of money, which reduces consumption and therefore GDP decreases.10 Dec 2019
In the chain of contractionary monetary policy, the last link in the chain is a A. Decrease in nominal GDP & real GDP.
What chain does monetary policy lead to?When the Fed engages in contractionary monetary policy, they decrease money supply which leads to inflation decreasing as well.
When this happens, production in the economy slows down which means that both nominal and real GDP will fall.
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1. What was the goal of most countries during this time period?
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The graphs illustrate an initial equilibrium for the economy. Suppose that the government cuts taxes.
Use the graphs to show the new positions of aggregate demand (AD), short‑run aggregate supply (SRAS), and long‑run aggregate supply (LRAS) in both the short run and the long run, as well as the short‑run and long‑run equilibriums resulting from this change. Then, indicate what happens to the price level and real GDP (or aggregate output) in the short run and in the long run.
In the short-run, the price level __________ and GDP __________.
In the long-run, the price level __________ and GDP __________.
WORD BANK
increases
decreases
stays the same
Answers
Answer:
In the short-run, the price level increases and GDP increases.
In the long-run, the price level increases and GDP stays the same.
Explanation:
When the government cuts taxes, consumers have more disposable income and increase spending. This shifts the AD curve to the right.
Short run: Neither the SRAS nor LRAS curves shift in the short run in response to the increase in aggregate demand. The new equilibrium point is the intersection of the shifted AD curve with the SRAS curve.
Long run: The aggregate demand increase looks the same on the long‑run graph as it does on the short‑run graph. As the higher price level causes expectations to change, the SRAS curve then shifts such that it intersects the AD and LRAS curves at the same point. As was the case in the short run, the LRAS curve itself does not move, as it only shifts when the economy's potential output changes due to factors like technological progress.
The long‑run equilibrium point is then the intersection of AD, SRAS, and LRAS.
The graphs show the economy's initial equilibrium. Let's say the government lowers taxes. The price level and GDP both rise in the short term. In the long run, prices rise but GDP stays constant.
What is government?The term government refers that the system which was governed by a state or a country in it, we see there are different governments are being there in states the government is made by the people and govern for the people also in it. There is a system being made and under the system, the government is being run.
When taxes are reduced by the government, customers have more money to spend. The AD curve is moved to the right as a result. Short run: In the short term, the increase in aggregate demand has no effect on either the SRAS or LRAS curves
Therefore, The graphs show the economy's initial equilibrium. Let's say the government lowers taxes
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what is the effect of physical punishment/discipline on the society?
Answers
Answer:
Physical punishment is associated with increased child aggression, antisocial behaviour, lower intellectual achievement, poorer quality of parent–child relationships, mental health problems (such as depression), and diminished moral internalisation.
Explanation:
Identify each type of retirement account according to whether the individual contributor pays income taxes on the contribution (posttax) or not (pretax) at the time of the contribution.
401(k)
traditional IRA
Roth IRA
Social Security
Answers
Answer:
Posttax
- Roth IRA
Pretax
- 401(k)
- traditional IRA
- Social Security
Explanation:
Contributions to Social Security, traditional IRAs, and 401(k) plans are not taxed at the time of the contribution. Contributions to Roth IRAs, on the other hand, are made with posttax dollars, which means the income contributed is taxed.
Withdrawals from Roth IRAs made after age 59.5 are not subject to taxes. Compounding interest payments and capital gains can generate substantial growth in such an account over time, so the postretirement tax benefits can be considerable. Benefits paid to retirees from the other systems are taxed as income at that point.
The kind of the retirement account for posttax is Roth IRA and for Pretax is 401(k), traditional IRA and Social Security.
What is retirement?Retirement is a stage in life when a person decides to quit the employment permanently. In the United States and most other industrialized nations, the typical retirement age is 65, and many have some form of government retirement or compensation scheme in place to augment retirees' salaries.
Contributions to Social Security, regular IRAs, and 401(k) programs are not taxed when made. Donations to Roth IRAs, in contrast hand, are made after-tax monies, meaning the revenue received is paid.
Withdrawal effects from Roth IRAs made beyond the age of 59.5 are tax-free. Compounding interest charges and capital gains can create tremendous growth in such an investment over time, resulting in significant post retirement tax savings.
Therefore, it can be concluded that at the moment of post retirement, benefits provided to retirees from these other systems are taxable as income.
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Eastland’s government has a total national debt of $500 million, which is financed as follows: $100 million is held by other government agencies, $200 million is held by Eastland’s citizens, and $200 million is held by foreign citizens. The amount of public debt in Eastland is:
$500 million.
$400 million.
$300 million.
$100 million.
Answers
*URGENT PLEASE HELP*
Write one good paragraph to explain
1) At least one way humans use the environment (could be from history or modern times)
2) How they have benefited from that use (consider social and economic benefits)
3) Was the impact of their use positive or negative? Why?
(please dont answer with a link)
Answers
Answer:
One way that humans have used the environment is by harming it, like pollution,. Humans harm the environment by throwing their trash in the ocean which in return harms a lot of marine life. Humans have and have not benefited from pollution, they have because temporarily you get the waste out of the way but in the long run pollution harms marine life and without some of the ocean animals, many things that come from them that benefit us we will no longer have access to because humans killed them. The impact was very negative because in the long run we are losing very interesting sea animals.
Explanation:
I dont think this is a paragraph but i got you started .
Europa, a moon that orbits Jupiter, is quite different from Earth’s Moon. One characteristic it shares with Earth’s Moon is that Europa–
Answers
Explanation:
Notice how Europa is a moon that orbits Jupiter (a planet). Earth also has a moon that orbits Earth (a planet). These are both moons that orbits planets. I'm not sure but it's either the size comparison or how they both orbit planets.
Europa, a moon that orbits Jupiter, is quite different from Earth’s Moon. One characteristic it shares with Earth’s Moon is that Europa and Earth's moon are about the same size.
What is orbits?The term orbit refers to the regular, repeating path. It was the one object are the space takes around another one. It was the particular point on space. It was the circular path are the completing the round on the object. It was the gravity to the force in the completing the one circle.
Europa is a moon that orbits the planet (Jupiter). Earth's Moon is that Europa are the specific characteristics are covered in ice. Europa is frozen, it was the covered in the layer of ice. It was the cracked and discolored appearance in the solar system.
As a result, the significance of the orbit are the aforementioned.
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Ruritania's Ministry of Economics has considered various plans to stimulate economic growth in the kingdom.
Which proposal would have the best chance of success?
a. To enhance efficiency and minimize the size of the private sector, require private firms to enter into partnerships whereby ownership of firms is split equally between the government and private owners.
b. To increase the general level of skills in the labor force, subsidize tuition to enable more people to attend college.
c. To reduce risk and encourage entrepreneurship, require the government to take control of and operate any businesses that do not earn a profit for two consecutive years, including providing salaries for the workers and managers equal to the average for that industry plus 10%.
d. To lower unemployment by discouraging layoffs, require businesses to continue paying the salary of any worker who loses his or her job until he or she finds a new one.
Which source of productivity growth does the best proposal directly influence?
a. income equality
b. physical capital
c. technology
d. human capital
Answers
Answer:
b. To increase the general level of skills in the labor force, subsidize tuition to enable more people to attend college.
d. human capital
Explanation:
Human capital refers to the accumulated skills and knowledge of a workforce. Workers can use education and experience to increase their human capital, and in doing so, increase their productivity. Economies grow when the labor force becomes more productive.
A plan to subsidize tuition to enable more people to attend college will lead to higher levels of human capital, thereby stimulating economic growth.
The remaining plans would have a negative impact on economic growth and are therefore incorrect.
Adjust the graph to show the effect of a decrease in the aggregate price level.
Which of the statements offers the best explanation for the change demonstrated in the graph?
a. Prices of goods and services decrease on average.
b. The prices of a few goods in the market dropped substantially.
c. Consumers purchase less of one product, like cars, and more of another, like clothing.
d. The law of demand dictates the behavior of the aggregate demand curve.
Answers
Answer:
a. Prices of goods and services decrease on average.
Explanation:
Since the aggregate demand curve shows the relationship between the aggregate price level and real GDP, a reduction in the aggregate price level is represented by a movement along the aggregate demand curve. The aggregate price level is a weighted average of the prices of all of the goods in the economy.
If only the prices of a few goods fall, it is not likely to affect the aggregate price level. The law of demand does not concern the aggregate demand curve but the relationship between the price level and the various components of aggregate demand. If consumers purchase more of one product and less of another, then the overall price level will be unaffected.
were the plebeians successful in addressing inequality in the Roman republic
Answers
Answer:
the plebeians were allowed to elect their own government officials. They elected "tribunes" who represented the plebeians and fought for their rights. They had the power to veto new laws from the Roman senate. As time went on, there became few legal differences between the plebeians and the patricians.
Explanation:
I hope this helps pls let me know if i am wrong <333
the term domestication refers to?
Answers
Complete the sentences with the correct terms.
Demand–pull inflation occurs when _____1_____ increases until equilibrium output exceeds the full employment level. For instance, this can be caused by an increase in _____2_____. Temporarily, both aggregate output and _____3_____ increase, as resources are beyond capacity. Eventually, the economy returns to long‑run equilibrium when _____4_____ decreases until it and aggregate demand intersect at the same point on the ____5______ curve. Finally, _____6_____ returns to its full-employment level, and _____7_____ again increases.
WORD BANK
long-run aggregate supply
short-run aggregate supply
consumer spending
aggregate output
aggregate demand
the aggregate price level
Answers
Answer:
Demand pull inflation occurs when aggregate demand increases until equilibrium output exceeds the full employment level. For instance this can be caused by an increase in consumer spending. Temporarily both aggregate output and the aggregate price level increase as resources are beyond capacity. Eventually the economy returns to long-run equilibrium when short-run aggregate supply decreases until it and aggregate demand intersect at the same point on the long run aggregate supply curve. Finally, aggregate output returns to its full employment level and the aggregate price level again increases.
1. aggregate demand
2. consumer spending
3. the aggregate price level
4. short-run aggregate supply
5. long-run aggregate supply
6. aggregate output
7. the aggregate price level
Explanation:
Demand–pull inflation is caused by an increase in aggregate demand that results in an equilibrium aggregate output that is beyond an economy's full employment level of aggregate output. This can be caused by any substantial increase in the components of aggregate demand, including consumption, business investment, government spending, or net exports.
Initially, the economy will reach an equilibrium in which the new AD curve intersects the upward‑sloping short‑run aggregate supply curve. In this question, both the equilibrium aggregate output and the price level increase beyond the full employment equilibrium levels.
However, the increase in production is not sustainable in the long run. Rising prices and falling unemployment can lead to increases in the wages firms must pay, which causes the short‑run aggregate supply curve to shift to the left. Eventually, the economy will arrive at the equilibrium point where the new AD curve intersects the long run aggregate supply curve and the new short‑run aggregate supply curve at the same point.
Aggregate output returns to the economy's full employment level, and the aggregate price level increases further.
Many animals that disperse plant seeds are birds or mammals. Some insects and fish also spread seeds. Ants, for example, carry seeds underground. How might this method of dispersal help seeds survive?
Answers
Answer:
the seed will grow from being carried into the dirt by the ant
Explanation:
Provide a clear explanation of the relationship of the three spheres SCIENCE SOCIETY AND TECHNOLOGY
in the figure below by showing concrete example and how they interact or relate each other. (e.g. Penicillin, What is the Science and Technology behind? How does this impact society?)
Answers
The relationship between science, society and technology is essential for the development and improvement of knowledge and quality of life.
What is scientific progress?It is the deepening of knowledge, that is, it is the result of a collective and continuous research, made possible by the collaboration of more people in an investigation, and in the use of technology as an instrument to reach the objectives.
As an example of the impact of science, we have the discovery of penicillin, the first known antibiotic that revolutionized medicine and made it possible to cure previously deadly diseases.
Therefore, the interaction between science and technology is positive and helps in the development of all spheres of society.
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What is conflict management
Answers
Answer: conflict management is the process of limiting the negative aspects of conflict while increasing the positive aspects of conflict so it can be defined as the process of dealing with disagreement or incompatibilities arising from opinions , objectives or needs .
Explanation: This is the meaning , hope it helps you . Please give brainliest . Thanks .
part of the job of representation in congress is to build this
(CROSS WORD, 9 letters total, 5th letter is E)
Answers
Congress is saddled with many responsibilities which include but are not limited to:
Making Laws, Impeaching and trying officers at the federal level,
Approval of presidential appointments, Oversights, and Investigations, etc.
What is the Congress?Congress is the legislative part of the branch of the government of the United States of America that is vested with the power by the constitution to
enact legislationdeclare warconfirm or reject presidential appointments etc.Part of the condition that enables Congress is Article I of the Constitution.
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if you are in a public bathroom and someone knocks on your door, what would be the best response?
A. you stay silent
B. you say "im buzy"
C. you say "come in"
D. you open the door
Answers
please help this is kinda simple but need help.
Answers
Answer:
A Grow and develop
C are made of many cells
E can reproduce
Explanation:
Classify each of the given events according to the category that best describes how it affects the equilibrium interest rate in the market for loanable funds.
Increases the interest rate
Decreases the interest rate
An investment tax credit
An increase in large investments
An decrease in investor optimism
An increase in savings
Answers
Answer:
Increases the interest rate:
- An investment tax credit
- An increase in large investments
Decreases the interest rate:
- A decrease in investor optimism
- An increase in savings
Explanation:
Changes in investments affect the demand to borrow. In particular, an increase of large investments shifts the demand to borrow curve to the right. As a result, the equilibrium interest rate will be higher.
An investment tax credit will also shift the demand curve to the right and increase the equilibrium interest rate.
A decrease in investor optimism will decrease the demand to borrow. This will shift the demand curve to the left and decrease the equilibrium interest rate.
An increase in savings affects the supply of savings by shifting the supply of savings to the right. As a result, the equilibrium interest rate will decrease.
The Federal Reserve considers "overinflation" to be which of the following annually?
A. under 3%
B. between 0-2%
C. exactly 3%
D. above 3%
Need help
Sub: economics
Answers
The Federal Reserve considers "overinflation," that is inflation to an excessive degree, to be D. above 3% annually.
What is inflation?Inflation is a decrease in the purchasing power of a currency due to the rising prices of goods and services in an economy.
Some of the causes of inflation are:
Exchange rate changesIncreased demandIncreasing national debtGovernmental regulationsIncreased production costs, etc.Thus, tThe Federal Reserve considers "overinflation," that is inflation to an excessive degree, to be D. above 3% annually.
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our rights are related to other duties and other rights are related our duties
Answers
Answer:
Yes.
Explanation:
For every right there is corresponding duty.Therefore,in one way or the other,all rights are either directly or indirectly related to duties or responsibilities.
For example:the right to life gives us the duty to respect others' lives so prohibits murder of others & even ourselves as we are given our right to life by law.
Therefore,all rights have their respective duties & duties their respective rights enjoyed by the individual.
Why do third-party and independent candidates often fail to win elections?
Answers
[tex]\huge \color{purple} \:Answer:[/tex]
The absolute majority requirement makes it extremely difficult for a third-party candidate to win the presidency because the individual states' electoral votes are allocated under a winner-take-all arrangement (with two exceptions).
[tex]\huge \color{blue}\: Explanation:[/tex]
Third parties often represent an ideology that is considered too radical by the mainstream parties and their constituents. They fail simply because the American political system is designed to support only two major parties. As well as this, 48 of the 50 states employ a winner-takes-all system for electoral votes.
One of the influences associated with the development of borderline personality disorder is Group of answer choices deficits in neurotransmitter circuits involving dopamine. parental alcoholism. history of child abuse or neglect. developmental delay for major milestones (i.e., walking, talking).
Answers
One of the influences associated with the development of borderline personality disorder is a history of child abuse or neglect.
What is a Personality Disorder?This refers to those psychological disorder where the individual has an unhealthy pattern of thinking and behavior.
Hence, based on a recent study, it was found that there was a link between individuals who had borderline personality disorder as also having childhood abuse or trauma.
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High hills and mountains are common in
Answers
Answer:
The formation of both hill and mountain is due to different types of geological accumulations and reactions in the earth crest, most often due to faulting in the earth. Both a hill and a mountain usually have a summit, which is its highest point.
Answer:
mountains are commonly seen at the intersection of tectonic plates and in places where the Earth’s crust is relatively thin
Which of the following statements is true of criminal behaviors by adolescents?
a. Running away from home is a serious act of juvenile delinquency and not a status offense.
b. Robbery is categorized as a status offense by the laws governing juvenile delinquency.
c. Girls are much more likely than boys to engage in delinquent behavior such as robbery.
d. Criminal behaviors show a dramatic increase in many societies during adolescence and then taper off during adulthood
Answers
The only criminal behaviors by adolescents which is true from the above options is: robbery is categorized as a status offense by the laws governing juvenile delinquency.
However, robbery is a high level criminal offense in all nations under the earth.
The religious institutions too spoke against this immoral actIn the legal institution, robbery is categorized as a status offense by the laws governing juvenile delinquency.What is juvenile delinquency?Juvenile delinquency can be defined as as those offenses considered as criminal behaviors or acts by individuals between the ages of 7 and 19
This however; is usually, frequently and most of the times caused by
Child maltreatmentPoor parental controlImmoral upbringingHome discordsLearn more about juvenile punishment:
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