Suppose that the Central Bank (CB) decides to respond immediately to the decline in the reduction of government expenditure in the short run. In particular, suppose that the CB wants to prevent the unemployment rate from changing in the short run after the government reduced the fiscal deficit. a. What should the CB do? Show how the CB's action, combined with the decline in government expenditure, affects the AS-AD diagram in the short run and the medium run. b. How do short-run output and the short-run price level compare to your answers from part (a)? c. How do the short-run and medium-run unemployment rates compare to your answers from part (b)?

Incorrect Question 9 The ability of forests to reduce soil erosion is an example of what type of economic value? Ecosystem service value Intrinsic value O Nonuse value Contingent value Revealed value

Could you specifically explain question (b), such as the process in detail and how you got the correct solution

Solve all the parts and add explanation and check answer twice

Select a peer-reviewed article that focuses on the cultural differences leadership/management will need to handle in a global business. The article must be published within the last five years.    Examples of journals with peer-reviewed articles include Critical Perspectives on International Business, International Journal of Management, Journal of International Business Studies, Journal of International Business Research, Journal of International of Trade & Global Business Perspectives, and Management International Review. Explain why you selected this article. Discuss the issues it raises and explain the cultural differences leadership/management will need to handle in a global business. cite the article

Which of the following is not true? (a) National income = national expenditure. (b) Real and money will be the same where there is no inflation. (c) Employment in the services sector is falling in most developed economies. (d) Minimum wages have little effect on those working in the hospitality industry.