Which of the following is an example of a demand shock a

Reference no: EM13377675

Which of the following is an example of a demand shock?
a) Hurricane Harry knocks out oil drilling platforms in the Gulf of Mexico.
b) Consumers become worried about job loss and buy fewer goods and services than expected.
c) Floods in the Midwest destroy crops.
d) The Federal government unexpectedly requires automobile producers to raise fuel efficiency standards.

Reference no: EM13377675

Questions Cloud

On what does the domestic currency price of a nations : on what does the domestic currency price of a nations imports depend? what would happen to the domestic-currency price

Im taking a microeconomics class and i have to illustrate a : im taking a microeconomics class and i have to illustrate a 15 tax on a 30 item with a quanity of 30. i need to

Suppose that a borrower and a lender agree on the nominal : suppose that a borrower and a lender agree on the nominal interest rate to be paid on a loan. then inflation turns out

Since 1995 the world trade organization wto has adjudicated : since 1995 the world trade organization wto has adjudicated trade disputes that arise between or among nations. now

Which of the following is an example of a demand shock a : which of the following is an example of a demand shock? a hurricane harry knocks out oil drilling platforms in the gulf

1 a do protectionist policies benefit producers consumers : 1. a do protectionist policies benefit producers consumers workers or the government? explain.b explain how the buy

Recent increases in rents have caused the citizens of : recent increases in rents have caused the citizens of elmville to vote for a rent ceiling of 1200. assuming all rental

The cost of pollution emanating from the chemical industry : the cost of pollution emanating from the chemical industry in billions of dollars iscp 3 p 3 p2where p is the

Te demand curve for a product is given by qdx 1200 - 3px : the demand curve for a product is given by qdx 1200 - 3px .01pz where pz 300.a. what is the own price elasticity of

User Account

All Pages

Which of the following is an example of a demand shock a

Reference no: EM13377675

Reference no: EM13377675

Questions Cloud

Reviews

Write a Review

Microeconomics Questions & Answers

The tax revenue and the dead weight loss

How this will affect market for rental property in lawrence

Determine how a policy will change social welfare

Considerations of product features-use of advertising

Describe the new scenario of expansion via capital projects

Provide a brief company and product description

1 supposenbsp x n that is x has a normal distribution with

A knitting mill sells about 20000 units of its product per

What happens if a household looses half of the income

Explain rationale for selecting the practices

Show and explain youngs theorem

How much money require in order maximize the utility

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT