What will occur when the demand for goods and services drops

Assignment Help Microeconomics
Reference no: EM13319791

According to the principle of cyclical unemployment, what will occur when the demand for goods and services drops during a recession?

Reference no: EM13319791

Questions Cloud

What was her nominal rate of return : Katie earned a 2.7 percent real rate of return on her investments for the past year. During that time, the risk-free rate was 4.1 percent and the inflation rate was 3.6 percent. What was her nominal rate of return?
Determine the percentage change of the euro between these : In mid-March 2007, the U.S. dollar equivalent of a euro was $1.3310. In mid-July 2009, the U.S. dollar equivalent of a euro was $1.4116. Determine the percentage change of the euro between these two dates.
Arnold corporation has been authorized to issue : Arnold Corporation has been authorized to issue 40,000 shares of $100 par value, 8%,noncumulative preferred stock and 2,000,000 shares of no-par common stock
What happens to the demand for diet cola brand x : Ceteris paribus, Diet Cola Brand X and Diet Cola Brand Y are substitutes in consumption. The price of Diet Cola Brand Y falls.
What will occur when the demand for goods and services drops : According to the principle of cyclical unemployment, what will occur when the demand for goods and services drops during a recession?
How much overhead cost would have been applied : Also suppose that the actual professional staff hours charged to clients' accounts and the actual overhead costs turn out to be exactly as estimated in both years. By how much would the overhead be underapplied or overapplied in 2008 and in 2009? (Le..
Evaluate the equilibrium constants of the dissociation : Calculate the equilibrium constants of the dissociation and the standard enthalpy of dissociation at the mean temperature.
Define titration will require more moles of acid : pH will be greater than 7 at the equivalence point. C. titration will require more moles of base than acid to reach the equivalence point. D. pH will be equal to 7 at the equivalence point. E. titration will require more moles of acid than base to..
Some airline executives have called for reregulation : Some airline executives have called for reregulation. Why might an executive of an airline prefer to operate in a regulated environment?

Reviews

Write a Review

Microeconomics Questions & Answers

  Question about pricing and promotion

A television station is planning the sale of promotional DVDs. It can have DVDs manufactured by one of two suppliers. Supplier A will charge the station a set-up fees of $1,200 plus $2 for each DVD.

  Determining equilibrium prices and quantity

Lawn mowing services are supplied by host of individuals in suburb of Westbrook. Demand and supply conditions in the perfectly competitive domestic for lawn mowing services are:

  What fact might lead the manager to be concerned

What fact might lead the manager to be concerned? If true, what do you think is likely to happen to the price of products G.R. Dry Foods sells?

  Describe the investment tax credit effectively

Many states provide firms with an "investment tax credit" that effectively reduces the price of capital. In theory, these credits are designed to stimulate new investment and thus create jobs. Critics have argued that if there are strong factor

  Calculations of price elasticity

Demand for a managerial economics text is given by Q=20,000-300P. The book is initially priced at $30.00. Write the demand equation for which the price elasticity of demand is zero for all prices.

  Explain absolute macroeconomic equilibrium

Explain and illustrate what is expected to happen to an economy in "absolute macroeconomic equilibrium when, ceteris paribus, there is an established concerted policy to bring down loanable interests rates. Use both, the Aggregate Expenditure grap..

  Estimate additional financing needed

Getrag expects its sales to raise 20 percent next year from its current level of $4.7 million. Getrag has current assets of $660,000, net fixed assets of 1.5 million dollar,

  Determine nancys optimal schooling level

What is Nancy's lifetime income if she gets no schooling? What is it if she goes toschool for all 60 remaining years of her life? In words, describe the "cost" to Nancy ofchoosing to attend school for 1 additional year.

  Use first order conditions for profit maximisation

Use the first order conditions for profit maximisation to show that a monopolist will never produce on the inelastic portion of his demand curve.

  Question about pricing

Suppose you suddenly realize that your demand estimates might have some uncertainty in them. How might you change value of surplus you give to the customers because of this?

  Connection between demand for goods and market failures

What is significant about the connection between the demand for goods and market failures? What happens to the demand for goods when a market fails

  The theory of the communists may be summed up in a single

The theory of the Communists may be summed up in a single sentence: Abolition of private property,” This is from:

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!

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