Reference no: EM131071138
1. How does the interest rate effect explain the slope of the aggregate demand curve?
2. Explain and illustrate how the short-run and long-run equilibrium levels of output and the price level are affected by successful efforts by the government to reduce the budget deficit.
3. Explain how a change in real wealth can sometimes cause a movement along the aggregate demand curve and how sometimes it can cause a shift of the aggregate demand curve.
4. Classical economists believe that government intervention in the economy is unnecessary to reach full employment. Explain their reasoning.
5. Starting from long-run equilibrium, draw an aggregate demand-aggregate supply graph to illustrate the difference between a long-run and a short-run equilibrium due to an increase in aggregate demand. Once the economy is in the short-run equilibrium, explain-but it's not necessary to illustrate-how long-run equilibrium will be restored.
6. Explain and illustrate how the short-run and long-run equilibrium levels of output and the price level are affected by legislation that increases the employer's cost of providing health care to workers.
7. The Great Depression began following a stock market crash and continued as thousands of banks failed; during this time, the government offered little assistance. The government raised taxes and refused to let the money supply increase. Household wealth and expected income both decreased. Using the aggregate demand and aggregate supply model, explain what effect these events had on the economy.
8. Assume that you are a Keynesian economist. You are asked what the government should do if the economy enters a recession. What would you say in response?
|
Specifications of both the client and established company
: This means there are only nine months to purchase the equipment and to train 75 new customer service representatives. As a purchasing agent, you are tasked with getting the computer equipment and software that the new agents will need to the speci..
|
|
Who is the protagonist and what is the conflict
: Address the form in "The Snows of Kilimanjaro." What are the major differences between how this story is told and how more typical narratives, like Babylon Revisited," are told? Do these differences make "The Snows of Kilimanjaro" a better example..
|
|
Person sitting next to an oversized passenger
: Southwest says their policy, in place since 1980, is designed to provide comfort for the person sitting next to an 'oversized' passenger. An airline survey revealed that the number one complaint (since the year 2000) has consistently been that "pa..
|
|
Describe the augustinian interconnectivity\
: Please reference Chapter 4 of the topic - "Pastor as a Theologian" and describe the Augustinian Interconnectivity between Instructional Capacity and the Following: Prudence and Fortitude
|
|
Explain the slope of the aggregate demand curve
: 1. How does the interest rate effect explain the slope of the aggregate demand curve? 2. Explain and illustrate how the short-run and long-run equilibrium levels of output and the price level are affected by successful efforts by the government ..
|
|
Responsibility to dispose of the extrusion machine
: Your company has a customer who is shutting down a production line, and it is your responsibility to dispose of the extrusion machine.The company could keep itin inventory for a possible future product and estimates that the reservation value
|
|
What are the benefits and limitations of the resource
: What are the benefits and limitations of the resource-Here you are able to provide a detailed analysis (20%) of the item, discussing benefits and limitations. You will make links to curricula documentation within this analysis, i.e. Early Years Lea..
|
|
Government intervention in the market
: A government failure occurs when the government intervention in the market that was intended to correct a market failure actually makes the situation worse. Such a failure could occur for one or more of the following reasons.
|
|
Concepts and purposes of restorative justice and restitution
: In terms of ethics, describe the concepts and purposes of restorative justice and restitution. Address some ethical issues related to the concepts of restorative justice and restitution. Include some implications of restorative justice and how you wo..
|