Illustrate what kind of gap-inflationary or recessionary

Assignment Help Business Economics

Reference no: EM1356488

country is in long-run macroeconomic equilibrium when each of the following aggregate demand shocks occurs. Illustrate what kind of gap-inflationary or recessionary-will the economy face after the shock, and what type of fiscal policies, giving specific examples, would help move the economy back to potential output?

Reference no: EM1356488

Questions Cloud

Explain how do open market operations work : Explain how do open market operations work through the fractional reserve banking system to impact the money supply and interest rates.

Find the speed of the cars after collision : A coffee filter of mass 1.1 grams dropped from a height of 1 m reaches the ground with a speed of 0.5 m/s. How much kinetic energy Kair did the air molecules gain from the falling coffee filter? Start from the Energy Principle and select as system..

Example of a psychological unhealthy behavior : Demonstrate your understanding of the topic by providing an example of a psychological disorder and an example of a psychological unhealthy behavior.

Writing journal entries to record issuance of bonds : On the first day of the current fiscal year, $1,000,000 of 10-year, 7% bonds, with interest payable semiannualy were sold for $1,050,000. Present entries to record the following transactions for the current fiscal year:

Illustrate what kind of gap-inflationary or recessionary : Illustrate what kind of gap-inflationary or recessionary-will the economy face after the shock.

Compute how the audit process monitors the compliance : Compute how the audit process monitors the compliance management structure to ensure its purpose is intact.

Writing the journal entry to write off receivable : Prepare the journal entry for Sorter Company to write off the Ordonez receivable. When writing the journal entry use Dr. for debit and Cr. for credit.

What is the final velocity of the ball : A highway curve of radius 500 m is designed for traffic moving at a speed of 73 km/hr. What is the correct banking angle of the road.

Positive and negative reinforcement : Compare and contrast positive and negative reinforcement.

User Account

All Pages