Describe inflation, unemployment rate, production

Reference no: EM13175228

You have been hired as a consultant by your mayor to evaluate the increase in aggregate demand in the city where you live. Describe to the mayor one (1) aggregate demand and supply factor that would have the greatest impact on the economy of your city.

Explain how a decrease in aggregate demand affects each of the following variables:

inflation, unemployment rate, production, employment rate, and consumer confidence.

Reference no: EM13175228

Questions Cloud

Ancient times : In ancient times, Egyptians thought that the combined light of the Sun and the brightest star in the nighttime sky, Sirius, created summer heat.

Spoils system or patronage system : Which of the following was not key in reducing the prevalence of the "spoils system," or patronage system, from American politics?

What is the law of supply : What is the law of supply, and what are the factors that cause shifts in supply? What is the law of demand and why is it important?

Simple cash register : The Pizza House wants you to write a program that simulates a simple cash register. The program firstly should ask the user to enter the price of the meal. Then, the program should calculate the sales tax (8.25% of the meal price) and add it to the m..

Describe inflation, unemployment rate, production : You have been hired as a consultant by your mayor to evaluate the increase in aggregate demand in the city where you live. Describe to the mayor one (1) aggregate demand and supply factor that would have the greatest impact on the economy of your ..

Legal implications for the employer vs the employee : Should the firm be legally allowed to fire her based on the employment-at-will doctrine?. Why or why not? What are the legal implications for the employer vs the employee in this particular instance?

Explain the short term and long term effects : A major breakthrough that allows for on-site generation of electricity for an investment in the generating capacity but after that essentially a zero variable cost of electricity.

Use of encouragers-paraphrasing : Describe your use of encouragers, paraphrasing, and/or questioning to elicit meaning from the client. Finally, comment on the difference between the interviewer naming or giving meaning to something a client says versus the interviewer eliciting a st..

User Account

All Pages