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Discussion
Respond to the following:
In 1973, there was an oil supply shock created by OPEC (the Organization of the Petroleum Exporting Countries). Your textbook describes the supply shock as a source of the recession which lasted from 1973-1975 because it shifted the US aggregate supply (AS) curve inward to the left, relative to aggregate demand (AD).
• Now that oil prices are dropping, use aggregate demand (AD) and aggregate supply (AS) to explain why this is good for consumers. • What impact does declining oil prices have on inflation? • Is there a downside to low oil prices? Who are the winners and losers in the economy?
Conventional telephones are frequently breaking down, and it takes months to get a new line installed. Firms are thinking of adopting new parallel wireless system offered by private firms,
consider the economices of spain and the united states. in spain unemployment is 25.1. there suppose that in a given
prepare a proposal recommending monetary policy actions designed to correct problems with spending employment and
The PPF curve shows the economic choices a country can make about production given scarce resources, a given technology, and a given quantity of inputs. Assume you are a developing country, producing food and clothing at maximum capacity.
Create a scatterplot with age on the horizontal axis and the log of price on the vertical axis. Do older wines tend to sell for more than younger wines? Does an older wine always sell for more than a younger wine?
Suppose the U.S government decides that the incomes of dairy farmers should be maintained at a level then how much surplus milk will be produced as a result of this policy.
What happens to labour supply increases?-He will work more as wages increase, but only if n > 0.
What is the setting on an individual GPO link which forces the particular GPO's settings to flow down through the AD DS hierarchy, without being blocked by child OUs?
Identify two periods associated with the highest unemployment rate since 1970 - Visually inspect the graph in Part I.B andidentify the approximate period that corresponds to the highest value of the "misery index."
What is the main effect of technology on the political or social life in your region?
Plank's Plants had net income of $2,000 on sales of $50,000 past year. The company paid a dividend of $500. Total assets were $100,000, of which $40,000 was financed through debt.
Define what a market structure with one producer completely dominating the industry, leaving no room for any significant competitors. Barriers to entry tend to be virtually insurmountable.
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