Equilibrium quantity of wheat

Assignment Help Macroeconomics
Reference no: EM131095225

Assuming that over the last three years the equilibrium quantity of wheat has risen while over the same period the equilibrium price has not changed, which of the following is the most likely explanation of these facts?

Reference no: EM131095225

Questions Cloud

New product development process : Organizations are seeking the answers to questions associated with the success of a new product performance in the multi-faceted business environment. The big corporate leaders across the world are trying to recognize the next big thing
Stock market for price speculation purposes : However, there are those who use the stock market for price speculation purposes on different stocks and must be fully watchful for any activities that may impact prices. Outline such activities.
Production and sale of a typical : Suppose that all of the TVs manufactured in this plant are exported to the United States and purchased by U.S. households. How would the production and sale of a typical TV at this plant show up in U.S. GDP and its components?
How will the new health system affect the way personal habit : How will the new health system under the Affordable Care Act affect the way personal and lifestyle habits (e.g., overeating, excessive drinking, smoking) and health care costs are managed?
Equilibrium quantity of wheat : Assuming that over the last three years the equilibrium quantity of wheat has risen while over the same period the equilibrium price has not changed, which of the following is the most likely explanation of these facts?
What benefits exist other than a wider market : Internationalization means diversifying operations to other world countries and regions. This trend is common in the modern society, but then here am asking, why would a firm opt to internationalize? What benefits exist other than a wider market.
A management consulting firm specializing in transportation : Runzheimer International, a management consulting firm specializing in transportation reimbursement, released the results of a survey on July 28, 2005. It indicated that it costs more to own a car in Detroit, an amazing $11,844 a year for a mid-si..
Tax rebate for new home purchases : The purpose was to boost GDP through consumer spending. Can you find any evidence of its effectiveness? What about the tax rebate for new home purchases? Cash for Clunkers? How can government spending influence the economy?
Important discipline in economic analysis : Mathematics is a very important discipline in economic analysis. This is largely due to the fact that most variables in economics are related and can as well be expressed mathematically.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd