Suppose you observe the time series of output y and real money supply M/ P reported in the Figure below. Nominal money supply M is under full control of the Central Bank. Output y Real Money Supply M$IP Time t Time t 1 3 4 1 3 4 Interpret these time series using the ASAD Redux model with workers misperceptions (Lecture Notes, Chapter 1). Assume that the time paths are caused by a single permanent shock hitting the economy at time t= 1, and interpret time t: 6 as the medium run. Your general task is to guess what type of shock can be responsible for the observed time series. Answer each of the following questions, providing clear motivation for your statements:

How does revenue management relate to the real world of business in relation to managerial economics?

Confirm that the Cobb-Douglas production function satisfies all the three properties: more is better, concavity, and CRS.

Please Help! Make a general macroeconmic supply and demand showing Swedens econmy in 2019.   attached is a sample of what it should look like! Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

In the graph below, you would prefer to be at point B in this graph rather than point C cost of producing the same level of output. because it leads to Capital 2 1 0 H F D A 56 B E Labor C 15 G Output = 20 Output = 10 I  Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer.  Take care of plagiarism. Answer completely. You will get up vote for sure.

Long run macroeconomics focuses on economic growth and cyclical unemployment. True or False

Graphically show the impact of a positive technological shock. Include all three markets: Labor, Product, Capital. Start with initial steady state. Show impact of shock in the initial market. Next show the propagation mechanism--how it carries over into the other two markets. Show at least one set of the feedback loop, Show the new steady state.

Was Adam Smith optimistic or pessimistic about the effect on society of the Industrial Revolution?   Why did he feel this way?

What is the correct answer? Note:- Please refrain from offering handwritten solutions. Please ensure that your response maintains accuracy and quality to avoid receiving a downvote. Take care of plagiarism. Answer completely. You will get up vote for sure.

Please let me know which is the right answer out of the choices and why. I am between b and d but I am not sure.