d. A newly elected anti-business president imposes burdensome regulations, driving up firms' costs. The Fed decides to accommodate the shock. Price level, P Income, output. Y LRAS AD SRAS
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Show the shifts that result from each of the following shocks. Then use point E to identify the new short-run equilibrium. Where should the E be placed. Explain in detail. Do not provided hand written solution plz.
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- Given the following aggregate aggragate supply šchedule.() Price level Real GDp Deman ded Real GDP Supplied Short-RuN 70 80 90 100 110 450 400 350 300 350 400 450 500 250 350 4 the potential RGDP iŷ 450 units of us¢o 4) Draw and Show the short-run economic equilibrium and evaluate the situation by comparing with the long (hAs)explain this sifuation. geyate suppy (LAS) run aggregeafe plain ttis situationD Question 20 A temporary disruption of oil supplies to the United States caused by geopolitical events would have which of the most likely impacts? A short-run adverse supply shock A long-run adverse supply shock A long-run beneficial supply shock Both beneficial and adverse supply shocks A short-run beneficial supply shockIf inflation rises unexpectedly by 5, would a state government that had recently borrowed money to pay for a new highway benefit or lose?
- During the Great Depression, the U.S. aggregate demand curve shifted to the left, in part, because there was an increase in stock prices. Othere were advances in technology in manufacturing. the U.S. government decreased taxes. Othere was an increase in the U.S. population. O a large number of U.S. banks failed.A change in which of the following would shift theshort-run aggregate-supply curve but not the longrun aggregate-supply curve?a. the labor forceb. the capital stockc. the state of technologyd. the expected price levelSuppose firms become optimistic about futurebusiness conditions and invest heavily in new capitalequipment.a. Draw an aggregate-demand/aggregate-supplydiagram to show the short-run effect of thisoptimism on the economy. Label the new levels ofprices and real output. Explain in words why theaggregate quantity of output supplied changes.b. Now use the diagram from part (a) to show thenew long-run equilibrium of the economy. (Fornow, assume there is no change in the long-runaggregate-supply curve.) Explain in words whythe aggregate quantity of output demanded changesbetween the short run and the long run.c. How might the investment boom affect thelong-run aggregate-supply curve? Explain.
- Initialy, the chot run aggregate suply curve is SASO and the gte dand ose LAS SAS, 115 SAS 110 105 100 95 0.8 Reol GOP rilions of 2005 dollan 1.0 1.2 Using the above graph, amwer the following questions 1. Some events change aggregate demand from ADO to AD1 dentily two events that cot t othe ch demand. What is the equlitrium ater aggregate demand changed it poental GPn51n eonyt makroeconomic equilitrium? 2. Some events change apgregate supply hrom SASO to SAS1. Recogriae teo vert Dat cd ho eet t chrge supply. What is the equilibrlum after aggregate supply changed It potertial GDP in $1 tlion, den the aruny kae inflationary gap, a recessionary gap or no output gap? 3. Some events change aggregate demand fom ADO to ADI and aggrgale supy m SASO o SAS S macroeconomic equilibriumQUESTION 7 There is an end of pessimism and the beginning of optimism at OA contraction or recession OB expansion Octrough OD peak C.Possitive short run relatioship between the prices level for outpput and reall gdp holding the prices of inputs fexed a- longo-run aggregate supply SRAS curve b- long run aggregate demand SRAS curve c- short eun aggregate supply SRAS curve d- short-run aggregate demand SRAS curve
- Shipping costs have increased dramatically in the past few months. This is a and tends to O negative supply shock, increase prices O positive supply shock, increase prices O negative demand shock, increase prices O positive supply shock, decrease pricesSolve all this question......you will not solve all questions then I will give you down?? upvote... The answer selection for a is: Curve A is the ____ Short-Run Aggregate Supply Price Level Long-Run Aggregate Supply Aggregate Demand The answer selection for B is Curve B is the ____ Short-Run Aggregate Supply Long-Run Aggregate Supply Price Level Aggregate Demand Also can you help me to check which boxes on the bottom part of the pictureWhen inflation happens in an economy… Select one: a. Workers who are paid the U.S.Federal Minimum wage find their pay checks able to buy more goods. b. People generally can buy goods for cheaper prices c. People who get social security checks will find them much lower relative to inflation d. there is less aggregate demand than there is income in the economy e. people who have money (wealth) in the bank find their buying power decreasing True or False? The biggest trading partner of the U.S. in 2021 is China. Select one: True False Please please give both 2 questions answers.i know sir policy but i have no more questions I will rate sir
