Explain short-run and long-run effects on GDP-price level

Assignment Help Business Economics

Reference no: EM13982108

Explain short-run and long-run effects on the US GDP and the price level for the following events. Assume that policymakers take no action.

1. Technological breakthroughs increase productivity of American workers.

2. Recession in Eurozone countries causes them buy less of the US exports.

3. Federal government increase spending on public school system.

4. S&P 500 stock index falls for several weeks which affects consumers' wealth.

Reference no: EM13982108

Questions Cloud

Why should developed countries consider financial assistance : Why should developed countries consider financial assistance to developing regions to help combat the epidemic of HIV/AIDS and tuberculosis?

What are the standard applications : Part 1: Uses, treatments and cures. What are the standard applications? Include pictures of your chosen plant. Part 2: Folklore and Superstition - there must be some very interesting tales about this plant! Part 3: Medical evidence for efficacy: sc..

Given the product structure tree and the inventory : Given the product structure tree and the inventory shown below, computer the net requirements for A, B, C, D, E to produce 50 units of X. Set up MRP schedules and show your calculations. Please assume that the lead times are one week for all items.

Calculate the minimum net business income : Calculate the minimum net business income for SSL that will be included in Lisa's tax return for the year ending December 31, 2015. Also provide the relevant citation from the Income Tax Act to support each adjustment.

Explain short-run and long-run effects on GDP-price level : Explain short-run and long-run effects on the US GDP and the price level for the following events. Assume that policymakers take no action.

Calculate the frictional force : Use the work-energy theorem to calculate the frictional force F and write down the expression for the angular acceleration with frictional force calculated in terms of m, L, h, and g.

Brief any two examples for data mining applications : How many cuboids are there in a 4-dimensional cube with L levels? You can assume any number for the levels. Please refer to chapter in your textbook ( Kamber) to solve the problem.

Profit-maximizing price-quantity combination for monopolist : A monopolist can produce at constant average and marginal costs of AC = MC = 5. The firm faces a market demand curve given by Q = 53 —P. The monopolist's marginal revenue curve is given by MR = 53 - 2Q. Calculate the profit-maximizing price-quantity ..

Imagine the number of unemployed : Imagine the number of unemployed is 6,135 and the number of employed is 27,433. Then, 3,225 people that were considered unemployed become discouraged and stop looking for a job. What would be the change in the unemployment rate as a resul of this?

User Account

All Pages