The responses to the paradox scenarios given above are:
Scenario 4 represents a general increase in money available to everyone.
Now this seems like a good thing but if there is no corresponding increase in National Output, the only thing that can result from such a scenario is:
Inflation; andLoss in the value of money.This is because everyone suddenly can buy more, but the products and services produced remained the same. Hence there will be serious inflation.
At the end of the day, everyone is back to square one. In scenario 2 however, the increase in spending power is in relation to others.
While the spending power of others remained the same, mine increased hence the advantage.
Learn more about Paradoxes at:
https://brainly.com/question/2134823
Observe your community, what do you think is trending today? Why do you say so?
By observing your community, you will notice that there are certain things that are trending and you can then investigate further to find out why those things are happening.
What is trending in your community?This is an essay type question and so I cannot give you the answer but I can help guide you.
First you should observe your community to find out if there are any new and popular trends emerging. For instance, more people might be using bicycles to get to work.
You then give evidence as to why you believe your observation is a new trend. For instance, you compare your current observation on bicycles, to bicycle numbers in the past number of years.
You could pull up bicycle numbers for your areas on the internet, interview a bicycle salesman in the area, or draw evidence from your own memory of bicycle usage in the past.
Find out more on essay writing at https://brainly.com/question/94727.
Match the cause for the negatively sloped aggregate demand curve with the correct term.
a. As prices rise, the cost for businesses to finance new equipment increases, causing a drop in quantity demanded of real GDP.
b. The purchasing power of money held in savings accounts falls as prices rise.
c. As prices rise in the United States, foreigners purchase fewer U.S. goods.
WORD BANK
the wealth effect
the export effect
the interest rate effect
the aggregate demand effect
Answer:
a. interest rate effect
b. wealth effect
c. export effect
Explanation:
Aggregate demand curves are typically modeled with a negative slope. There are three main reasons for this.
The interest rate effect describes the outcome in which an increase in the price level will cause interest rates to rise, as the demand for borrowed money increases due to higher prices.
The wealth effect describes the impact of rising prices on the value of household assets. As the price level rises, the purchasing power of financial assets decreases, causing households to spend less.
The export effect examines the impact of the rising price level on foreign purchases. If U.S. goods are more costly, then foreigners will purchase less from the United States and exports will fall. This will cause the quantity demanded of real GDP to fall within the United States.
what is diversity in 200 words
Answer:
Diversity means understanding that each individual is unique, and understanding their differences. These differences can be along the dimensions of race, gender, ethnicity, and gender. Diversity is more than tolerating differences, it is a set of conscious practices that involve:
Diversity is more than tolerating differences, it is a set of conscious practices that involve:Understanding and appreciating the interdependence of humanity, cultures, and the natural environment. Exercising mutual respect for qualities and experiences that are different from our own. Understanding that diversity includes not only ways of being but also ways of knowing.Understanding that diversity includes not only ways of being but also ways of knowing.Forging alliances across diversity so that we can work together to destroy all forms of discrimination.Which of the following was a Roman contribution to art? (1 point)
a
marble sculpture
b
oil painting
c
portrait painting
d
mosaics
Answer:
A: A marble sculpture!!!
Explanation:
I hope this helps you! :)
Answer:
D) mosaics
Explanation:
And this is the right answer.
The first person is wrong.
And I do the pretest right now.
I hope have a nice day :)
how can school assist the community to address substance abuse
Answer:
Schools may adopt a variety of alternatives to testing to address the issue of substance abuse including offering after school programs, incorporating life skills training into drug education curricula, helping parents become better informed, providing counseling, identifying problem behaviors for early intervention, and promptly referring students to health care professionals for assessment and intervention.
Explanation:
hope this helps
Suppose that because of globally adverse meteorological conditions, there are serious concerns of climbing prices in an extensive group of commodities. As a result, people now expect an acute increase in the level of input prices. The figure shows aggregate demand (AD), short‑run aggregate supply (SRAS), and long‑run aggregate supply (LRAS). Move one or more of these curves to describe the short‑run effect this would have in the economy and answer the two questions.
*graph goes here*
In the short run, price level
a. decreases.
b. The change is indeterminate.
c. increases.
2. In the short run, real GDP (or aggregate output)
a. increases.
b. The change is indeterminate.
c. decreases.
Answer:
From the graph above it can be observed that, in the short run price level increases and real GDP decreases.
Explanation:
Input prices are expected to be high and firms' costs are expected to increase. Thus, for any given actual price level, this reduces the quantity of goods and services that firms will supply, which means the short‑run aggregate supply curve shifts to the left (changes in expectations of prices shift the SRAS). This causes the price level to increase and real GDP to decrease.
The increase in expectation of input prices does not change the economy's level of technology or overall productivity. Because of this, an increase in the input price does not change the long‑run aggregate supply. The LRAS curve indicates the amount of goods that the economy could produce if the economy was at full employment.
Likewise, an increase in expectation of input prices does not affect the overall level of demand, so aggregate demand does not shift. Changes in consumption, investment, government spending, and net exports, or C, I, G, and NX, affect AD.
Reading the graph shows that the price level increases and real GDP decreases in the short run. However, this results in higher unemployment, reducing input costs. So in the long run, this causes SRAS to shift back to the right, according to this AD/AS model.
This event took place in the western Hemisphere from July 26, 1953, to January 1, 1959 resulting in the overthrow of Fulgencio Batista and the creation of a communist government.
The government of Happyland collects $100 million in taxes each year and currently has a public debt of $1.2 billion, which it finances by issuing Treasury bonds that pay 8% per year. Is this a manageable level of debt for the government of Happyland?
No, the debt is not manageable because the government must repay the entire $1.2 billion debt at the end of the year.
No, the debt is not manageable because interest payments equal $96 million per year.
Yes, the debt is manageable because the public debt is only 12 times the size of tax revenues.
Yes, the debt is manageable because an interest rate of 8% is relatively low.
Who is MOST likely to benefit from an E-learning course?
A.
Mia: An athlete who needs to fit schoolwork around her training schedule.
B.
Sara: A high school student who is struggling and doesn’t want to go to class.
C.
Lucas: A middle school student who would prefer more hands-on activities.
D.
Mr. Jones: A teacher who wants to have more one-on-one contact with students.
Answer:
A. Mia: An athlete who needs to fit schoolwork around her training schedule.
Dark matter article summary
Answer: I Hope It Is The Right Thing You Wanted
Dark Matter is the story of Jason Dessen, a mild-mannered college physics professor who gets abducted one night by a masked man, conked over the head, injected with some SCIENCE and wakes up in a world that is not his own.
Identify each scenario as an example of expansionary fiscal policy, contractionary fiscal policy, or not an example of fiscal policy.
a. An increase in the money supply is ___________ fiscal policy.
b. A decrease in taxes is ___________ fiscal policy.
c. A decrease in the unemployment rate is ___________ fiscal policy.
d. An increase in tax rates is ___________ fiscal policy.
e. A decrease in government spending is ___________ fiscal policy.
f. A decrease in the money supply is ___________ fiscal policy.
g. A decrease in transfer payments is ___________ fiscal policy.
h. An increase in corporate bonds purchased is ___________ fiscal policy.
i. An increase in government spending is ___________ fiscal policy.
WORD BANK
not an example of
a contractionary
an expansionary
Answer:
a. An increase in the money supply is not an example of fiscal policy.
b. A decrease in taxes is an expansionary fiscal policy.
c. A decrease in the unemployment rate is not an example of fiscal policy.
d. An increase in tax rates is a contractionary fiscal policy.
e. A decrease in government spending is a contractionary fiscal policy.
f. A decrease in the money supply is not an example of fiscal policy.
g. A decrease in transfer payments is a contractionary fiscal policy.
h. An increase in corporate bonds purchased is not an example of fiscal policy.
i. An increase in government spending is an expansionary fiscal policy.
Explanation:
Fiscal policy refers to changes in tax policy or government spending in pursuit of economic goals. Fiscal policy is expansionary if it leads to higher levels of spending and contractionary if it leads to reduced spending.
Two of the scenarios provide examples of expansionary fiscal policy. An increase in government spending and a decrease in taxes are both federal government mechanisms designed to increase aggregate demand. Expansionary fiscal policy is when the government expands the money supply using tools like increase spending or cut taxes.
Three of the scenarios provide examples of contractionary fiscal policy. A decrease in government spending, an increase in taxes, and a decrease in transfer payments are all federal government mechanisms designed to decrease aggregate demand. Contractionary fiscal policy is when the government reduces the money supply by decreasing spending or raising taxes.
Four scenarios do not exemplify fiscal policy, as they are not federal government mechanisms designed to expand or contract aggregate demand. Two of the scenarios concern changes in the money supply and so reflect monetary policy, conducted by the Federal Reserve. The other two scenarios depict phenomena that, taken on their own, are unrelated to fiscal policy. The unemployment rate could fall for various reasons and is not a part of fiscal policy. The volume of corporate bonds purchased could increase for a variety of reasons and is not a part of fiscal policy.
Pls help asap<33
1. A Market economy features:
A People relying on customs to make economic decisions
B The government directly controlling the production and sale of goods
C Private companies opertering without government interference
D The government placing some regulations on free businesses
2 Which statement best summarizes the economic theories of Adam Smith
A Economies that are based on free trade will always be unstable
B Economies work best when government leave businesses alone
C Economic problems mostly result from the struggles between classes
D Economic growth should be carefully guided by the government
3 Government most often regulates often essential services like water treatment by
A Eliminating pure competition markets
B Setting up natural monopolies
C Taking control; over private corporations
D Creating barriers to entry in monopolistic competition
4 What type of businesses organization offers many benefits and its specific to the United States?
A Corporations
B Sole proprietors
C Limited liability
D Partnerships
5 The Purpose of fiscal policy is to
A Conduct foreign diplomacy
B Tax and spend money
C Regulate corporate behavior
D Create and enforce laws
6Monetary influences the economy by adjusting the
A Gross domestic product
B Money supply
C Unemployment rate
D Budget deficit
Answer:
1.) A.) private companies operating without government interferance.
2.) B.) Economies work best when government leave businesses alone
3.) B.) Setting up natural monopolies
4.) C.) Limited liability
5.) B.) Tax and spend money
6.) B.) Money supply
Explanation:
LMK HOW YOU DID
Which of the following is a responsibility of all U.S. citizens?
Answer:
Unity
Explanation:
They should live with unity and harmony otherwise the country will face many issues.
hello! pls answer this properly.
Gawain 3
Panuto: Dugtungan ng isang saknong ang tula gamit ang mga salitang
naglalarawan. Bilugan ang mga ito. Isulat ang iyong sagot sa sagutang papel.
Sa Aming Pamayanan
Ang aming pamayanan ay maituturing na huwaran,
mga mamamayan halos lahat nagdadamayan.
Sa pagpapanatili ng kalinisan lahat nagtutulungan,
upang sa aming lugar kalusugan ay maalagaan
KUKUHA LANG PO AKO NG IDEA THANKYOUU!!
Answer:
Isa ka nanaman
dinga anseran to kasi ibang country to
Real GDP per capita is NOT an adequate measure of
average real GDP per person in the economy.
the well-being of each person in an economy.
a country's average aggregate spending per person.
a country's average aggregate output per person.
Answer:
the well-being of each person in an economy.
Explanation:
Real GDP per capita is average real GDP per person in the economy. It can be found by dividing real GDP by population. It is a measure of the economy's aggregate output per person which is also a measure of aggregate spending per person.
Richer nations with higher real GDP per capita are typically happier than poorer nations. However, real GDP per capita is a poor measure of the overall well-being of individuals in an economy because real GDP per capita does not measure the many dimensions related to how people live, but rather how much, on average, individuals in a country produce and consume.
Real GDP per capita measures the average level of a country's income, adjusted for inflation. Since, It tracks the average real GDP per person in the economy, option (a) is not valid. Real GDP per capita can also be used as a rough estimate of a country's average aggregate output per person as well as the average spending capacity per person of a country. Therefore, options (c) and (d) are not correct either. The emotional or general well-being of a country's populace is not accounted for in the data used to calculate the Real GDP per capita of a country.
Which of the following is an example of an automatic stabilizer?
Spending on unemployment benefits falls when the economy enters a recession.
The amount of tax revenues collected rises when an economy is booming.
Low-income households lose their food stamp benefits when unemployment rises.
Governments debate implementing tax cuts when the economy is in a recession.
Europa, a moon that orbits Jupiter, is quite different from Earth’s Moon. One characteristic it shares with Earth’s Moon is that Europa–
Answer:
Europa and Earth's moon is about the same size
with Europa being 10% smaller
i think therefore i am?
these words are said by "Rene Descartes "
Raisa is purchasing, a life insurance policy in which the premiums, death benefits, and cash value of the insurance remain fixed. At the time of
her death, the cash
value of the insurance becomes the insurance company's and the death benefits are paid to the beneficiaries. Which type of
policy is Raisa purchasing?
A. whole life insurance
B. permanent life insurance
C. term life Insurance
D. healthy life insurance
Answer:
whole life insurance
Explanation:
why ? because whole life insurance helps In saving an individual cover his lifetime
The correct option for this is option A : Whole life insurance .
Whole life insurance is a life insurance policy that is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or until the maturity date.
Why whole life insurance?As per the policy whole life insurance is the only policy that provides fixed death benefits over the policy holders life.This is the reason that whole life insurance is the correct answer and the others are incorrect , also when it is related to death benifits and cash value only Whole life insurance is accountable.To learn more about Life insurance refer :
https://brainly.com/question/1373572
#SPJ2
Lavonda wants to become a famous singer. She meets with
an agent in New York City who tells her that he will represent her in return for 10
of everything she earns. Lavonda agrees, and they write down these shared expectations and demands. What type of written ag
does this describe?
A. contract
B. power of attorney
C. living will
D. Insurance policy
Answer:
A. it is a contract
Explanation:
good day to you
Place each item below in the appropriate category.
Leading economic indicators
Not leading economic indicators
WORD BANK
The unemployment rate
Manufacturers' orders for durable goods
Housing starts
The trade deficit
Average duration of unemployment
Building permits
Interest rates spread
Stock prices
Answer:
Leading economic indicators:
- Manufacturers' orders for durable goods
- Housing starts
- Average duration of unemployment
- Building permits
- Interest rates spread
- Stock prices
Non leading economic indicators:
- The unemployment rate
- The trade deficit
Explanation:
Certain variables provide a clue into the direction the economy is moving. If the economy is expanding, construction picks up, resulting in increases in building permits and housing starts.
Factories begin to produce more, and producers need to install or replace tools and machines. They also need more workers, so unemployed workers spend less time finding jobs.
Profits begin to rise, and investors begin to view shares of stocks more attractively.
Long-term interest rates are typically higher than short-term rates. If the economy is expected to grow robustly, longer-term rates will rise relative to short-term rates.
The unemployment rate is considered a coincident indicator, moving along with but opposite to the business cycle. One complicating factor is the tendency of the unemployment rate to rise as an expansion begins, or fall at the start of a recession. This is due to discouraged workers entering or leaving the workforce.
The trade deficit reflects the relative magnitudes of imports and exports. Imports are in large part a function of personal income, which will move along with but not prior to changes in the business cycle.
Which statement best describes voting rights in the original 13 states?
A.
Only men who were Revolutionary War veterans could vote in all 13 states.
B.
Only men, regardless of race could vote in all 13 states.
C.
Only white, Protestant men could vote in all 13 states.
D.
Only white men who lived in one of the largest cities could vote in all 13 states.
Answer:
C
Explanation:
Only white, Protestant men could vote, the majority of Catholic and Jewish men weren't allowed to vote, as well as you know, everyone else.
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.
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.
Which of the following sets what is
known as "Required Reserves?"
A. individual banks
B. Wall Street
C. Federal Reserve
D. U.S. Congress
…need help pls.
Answer:
i believe the correct answer is a
Suppose that the government engages in expansionary fiscal policy by increasing government spending. Show the initial impact by properly shifting the aggregate demand curve (AD), the short‑run aggregate supply curve (SRAS), or the long‑run aggregate supply curve on the graph below.
Answer:
*see image*
Explanation:
An increase in government spending causes the aggregate demand curve to shift to the right.
Aggregate demand shows how the overall price level and the amount of goods and services purchased are related. One component of a nation's collective spending on goods and services are government purchases. Ceteris paribus, more government spending implies more total spending and is associated with aggregate demand increasing accordingly.
The aggregate supply curves, whether depicting a short run or a long run relationship, both show how the total amount of goods and services produced in the economy varies as the price level varies. This is not directly impacted by changes in government spending.
Complete the sentences with the correct term.
Cost‑push inflation occurs when ____(short-run aggregate supply / aggregate demand)____ decreases until equilibrium output falls below the full employment level.
As a result, the ____(equilibrium output level / price level)_____ increases.
One possible cause of cost‑push inflation is an increase in ____(technology / the costs of inputs)_____.
To combat falling aggregate output, the government may introduce policies to increase ____(aggregate demand / long-run aggregate supply)_____ to the point where it and short‑run aggregate supply intersect ____(aggregate demand /
long-run aggregate supply)_____ at the same point.
These policies cause ____(the price level / equilibrium output)____ to return to its full employment level, and the ____(level of output / price level)_____ increases even further.
Answer:
Cost-push inflation occurs when short run aggregate supply decreases until equilibrium output falls below the employment level.
As a result, price level increases.
One possible cause of cost-push inflation is an increase in the cost of inputs.
To combat falling aggregate output, the government may introduce policies to increase in aggregate demand to the point where it and short-run aggregate supply intersect long run aggregate supply at the same point.
These policies cause equilibrium output to return to its full employment level, and the price level increases even further.
Explanation:
Cost‑push inflation is caused by a decrease in short‑run aggregate supply (SRAS) that results in an equilibrium below an economy's full employment level of aggregate output. This can be caused by a substantial increase in the cost of inputs, such as oil or wages, giving rise to an increase in the cost of production.
Initially, the economy will reach an equilibrium where the new SRAS curve intersects the aggregate demand curve. At this equilibrium, the aggregate output has decreased and the price level has increased.
Since the economy is now operating below full employment output, the government may get involved by creating policies to increase aggregate demand, so that the equilibrium returns to the full employment level of output. At this new equilibrium, aggregate output returns to the economy's full employment level, but the aggregate price level has increased further.
What laws helped the Colony to grow and why?
The Colonial Population
Explanation:
These populations continued to grow at a rapid rate throughout the 18th century primarily because of high birth rates and relatively low death rates. Over 90% were farmers, with several small cities that were also seaports linking the colonial economy to the larger British Empire.
Why fundamental attribution error is important?
Answer: Understanding the fundamental attribution error is important because research shows that everyday human behavior is heavily influenced by external factors, yet when evaluating others' behavior, you may wrongly perceive their actions as stemming from internal factors
Explanation: Fundamental attribution error breaks collaboration, renders communication ineffective and can even make people leave the organisation. It can cost someone their job.
1. What is Ingenuity, and where is it located?
2. What is the importance of Jezero Crater?
3. Why is Ingenuity important to NASA?
Use the table to answer the questions. Round your answers to the nearest cent.
What is the GDP per person (per capita) for country A?
What is the GDP per person for country B?
Which country has the largest average GDP per person?
- country A
- country B
Answer:
Country A = $20,000
Country B = $25,000
Country B
Explanation:
GDP per capita for country A = 7 trillion / 350 million = 20000
Country A = $20,000
GDP per capita for country B = 1.25 trillion / 50 million = 25000
Country B = $25,000
Since 20 million < 25 million
Country B has largest average GDP per year.
GDP per person can be thought of as the average output produced by each individual in a country. The country with the larger average GDP per person is country B. Notice that the country with the largest GDP does not necessarily also have the largest average GDP, because populations differ.