User Account

All Pages

Find changes in an economy

Assignment Help Macroeconomics
Reference no: EM132655383

For the following changes in an economy, using an LRAS-AD-SRAS framework, tell whether short-run aggregate supply or long-run aggregate supply will be affected. Also, indicate the direction of the change in short and long run, effect on price, unemployment and real GDP. Assuming the economy is at the long run equilibrium explain in text and with a graph. (draw a new graph for each question)

a. Department of Homeland Security implements new policy restricting immigration.

b. A favorable supply shock (decline in the price of oil)

c. New shale deposits are found in North Dakota.

d. A category 3 hurricane damages orange plantations in Florida.

e. The stock of capital in the economy increases.

NOTE TO TUTOR: This keeps getting denied because people keep thinking it is missing data that goes with it. This is all there is for the question, your answer for each A-E needs to include a text explanation and a separate graph for each question. There is NO beginning graphs or data given.

Reference no: EM132655383

Questions Cloud

Explain the operating segments of company : Prepare a table that compares the percent change in "Total Revenue" to the change in "Operating income" from 2018 to 2019 or the most recent available years.
Harmed or bankrupted by disaster : Go online and search for information about companies that have been harmed or bankrupted by a disaster.
Demonstrate an understanding of economic thinking : Demonstrate an understanding of economic thinking by using economic concepts in your presentation.
Identify expenses as either variable of fixed : Identify expenses as either variable of fixed. For the variable cost per unit, you will have to find or estimate the total products sold during the fiscal year
Find changes in an economy : For the following changes in an economy, using an LRAS-AD-SRAS framework, tell whether short-run aggregate supply or long-run aggregate supply will be affected
Determine the effect on the company gross income : Determine the effect of each of the following transactions on the company's 2019 gross income assuming that the company uses
What is company principal business activity : Is your company managing any ethical issues presently? If so, how do their actions affect their financial performance going forward?
What would happen to the demand for construction workers : B) Explain what would happen to the demand for "construction workers"?
Is an ethical strategy for brandon to pursue : What options might you, as the controller, consider taking in response to Brandon's plan? Is an ethical strategy for Brandon to pursue

Reviews

Write a Review

Macroeconomics Questions & Answers

  Calculate the price elasticity of demand

Assume that you have two periods: 2011 and 2012 for a pickup truck. Price 2011 is $30,000 and price 2012 is $40,000. In 2011 20,000 sold and in 2012 18,000.

  Distributional consequences of unexpected inflation

Explain why there might be re-distributional consequences of unexpected inflation that are not present for expected inflation.

  What is the short-run equilibrium gap called

Assume the economy is initially in a long-run equilibrium. Describe the movement from a short-run to a long-run equilibrium following an increase in demand

  Assignment on operations decision

Using the regression results and the other computations from Assignment 1, determine the market structure in which the low-calorie frozen, microwavable food company operates.

  One hour session with a physical trainer

Explain how GDP is affected by the sale of a one hour session with a physical trainer

  Over what range of labor input is marginal product smaller

Over what range of labor input is marginal product minute than average product. Illustrate what is happenning to average product as employment increases over this range.

  Nuclear power plants and solar power plants

What some affects nuclear power plants and solar power plants can cause if near a community.

  Frequently a symptom of poverty

Question: "As we know, environmental destruction is frequently a symptom of poverty. How might we internalize negative externalities of environmental destruction and correct for some market failures?"

  What was the average annual growth of the price level

In 1947 in the United States, nominal GDP was $237 billion and real GDP was $1,771 billion in 2005 dollars. In 2011, nominal GDP was $14,869 billion and real GDP was $13,228 billion (also in 2005 dollars). What were the annual average growth rates of..

  What is the expected profit

1. Suppose an investment has three possible outcomes. There is a 50% chance that it brings a profit of 4,000,000. There is a 40% chance that it brings a profit of 1,000,000. There is a 10% chance that is brings a profit of 0. What is the expec..

  The 2009 world development report provides the following

the 2009 world development report provides the following information for colombia and thailand. explain carefully what

  Discuss about the nature of international production

The volume of world trade rebounded sharply in 2010 on the back of a fairly modest growth rate in the world economy. What does this tell you about the nature.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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