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Place the items into the columns according to whether a change in the item would cause the curve to shift. If an item's change shifts more than one curve, place it in a single column according to this order: Long Run Aggregate Supply - Short Run Aggregate Supply - Aggregate Demand - No Shift in Any Curve. Terms: Capital Stock, Labor Force, Technology, General Price Level, Environmental Regulations, Party Controlling Congress, Government Spending, Price of Oil, Currency in Use (e.g., switching to Euro), Net Exports, Consumer Spending, Investment
Note: I just need to know what curve each one of these terms will shift the most. (LRAS, SRAS, AD, or none)
Currently in the US there is a demographic trend that has caused dramatic increases in the number of students attending universities. The children of Baby Boomers have grown up and are ready for college.
Changes in the macroenvironment affect individual firms and industry through the microeconomic factors of demand, production, cost and profitability.
Suppose the government implemented a negative income tax and used the following formula to compute a family's tax liability: Taxes owed= (1/3 of income)-$15,000. A family earning $60,000 before taxes would have how much after-tax income?
q.given the demand function of a monopolistq 100 - pand the cost function faces himherc 100 80 qa. find out
There are three retirement plans under development. Each plan has a 6% compounded monthly and you cannot take a withdrawal until year 20. One plan requires a payment of X/year for the next 10 years. The other requires a payment of Y each year from ye..
Suppose that initially the money supply is 2 trillion the price level equals 2 the real gdp is 4 trillion in base year dollars and income velocity of money is 4 . Then suppose that the quantity of money in circulation remain fixed but the income velo..
borrow 1000 at t=0. Make exact interest only payments at the end of each year for 4 years and at the end of the 4th year repay the entire principal in addition to the last interest payment. borrow 10000 at t=0. Pay a principal payment each year of 25..
Suppose a firm is producing 1,000 units of output (Q). Its average fixed costs are $50. Its average variable costs are $25. What is the total cost (TC) of producing 1,000 units of output (Q)? It the price (P) of the good is $100, what is total rev..
The economic union can be beneficial but it also cost a nation its sovereignty in monetary and fiscal policies. For instance, Greece could not use monetary policies to help boost its economy. Do you think Greece would have been better off not joining..
monopoly and equilibriuma. helen gets smart and realizes that she is the only pie shop approximately. compute the
Mr Jones run a motel in St Pete. The market is highly competitive since there are many motels in the area and average room rate per night is $35. There are 30 rooms in Mr Jones motel and each room can be rented out for 30 nights a month. Since Margin..
What factors affect the costs of cancer drugs? How? What is scarcity? How does the cost of medical therapy relate to the economic concept scarcity?
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