According to the neoclassical perspective, in response to a shock to aggregate demand, prices and wages will change such that the economy moves back to the same level of potential GDP. What determines how long this adjustment process takes?

Answers

Answer 1

The factor that determines how long this adjustment process takes is that the long-run aggregate supply curve (ASn), that is vertical at the level of potential GDP, is one that determines the level of real GDP in this economy in the long run.

What is neoclassical model about?

When there is increases  or decreases in aggregate demand, the neoclassical view holds the notion that how the macroeconomy adjusts is due to the foresight it has that even if wages and prices are termed “sticky”, or slow to change, in the short run, they will be flexible.

In the long-run neoclassical analysis, it is shown that the chain of economic events is ever changing as economic output is said to rise above potential GDP.

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Related Questions

Louisa works in marketing. She works with several different areas of the company that employs her. Which task does Louisa have others perform?

A. Conducting meetings at a satellite office
B. Working on new marketing campaigns at home
C. Participating in teleconferences in her home office
D. Training other employees to use a computer

Answers

Answer:D

Explanation: so other employees have more experience and will be able to help around the office more

Answer:

The correct answer to your question is B. Working on new marketing campaigns at home.

Explanation:

Edge 2021:)

A town's garbage trucks accidentally sideswiped two parked automobiles in the fiscal year ended December 31, 2019. One case was settled for $3,000 in 2019, and the town expects to pay that claim in January 2020. In the other case, the claimant originally demanded $15,000. The town attorney thinks they can settle the claim for $10,000, but it probably will take two years to settle the case. What amount should the town report as a claims liability on the General Fund December 31, 2019 balance sheet?

Answers

Answer:

The answer is "$13,000".

Explanation:

In the given question, From December 31, 2019, the sum should also be $13,000 as just a liability for both the general fund. Its first village owner is $3000 as well as the second villager is $10,000, because their contingent liability is registered to a fair degree, that's why its correct answer is "$13,000".

once you lease a location, your rent will always remain the same? true or false?

Answers

It is a false statement that one's rent will always remain the same once you lease a location.

What is known as lease?

It is a contract that outlines the terms under which one party agrees to rent an asset that is owned by another party.

This agreement is for a limited period whereby the lessee will be paying for an agreed amount for the specified period.

However, the agreement is open to negotiation for adjustment from time to time.

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The best way to approach charitable giving is to A donate to the first charity that requests it. B not spend a lot of time researching it. C consider what causes are important to you. D not include it in your budget.

Answers

Answer:

C consider what causes are important to you

Explanation:

Givings creates a feeling of joy and satisfaction to both the giver and receiver.  When considering charity work, it is crucial to focus on areas you are passionate about. Choose a course that draws your attention. By doing this, your donations will not go far in helping someone else, but they will also leave feeling worthy and satisfied.

f. Medical profession is a very sensitive profession. Do you agree? Give

Answers

Answer:

Medical profession is very sensitive and intellectual where human life is at risk. A successful effort of a doctor can save a life. Due to that, a doctor is known as 2nd God. When he attempts a major and long surgery, his endurance, hard work and mental ability spotlight his character.

Answer:

I am sry if u can't understand the handwriting

Explanation:

long ans . <3

What industries were the members of the national negro business league you reviewed involved in?

Answers

You have to answer this on your own, we don’t know what you reviewed

(Economics) This list describes recent events in a country. As you read the list, think about the role of the country’s central bank. The country has seen its GDP decline and unemployment rise for three consecutive quarters. People are buying fewer cars, homes, and other goods and services. One reason people are buying less is that it is more difficult and more expensive to get loans to buy large items. The country’s central bank decides to lower the interest rate on the loans it makes to the banks that people use. Banks lower their interest rates. More people take out loans. With their loans, people start buying more goods and services, especially more expensive items such as cars. Producers require more workers to make these goods and sell them. Unemployment drops, and GDP begins to rise. What action helped unemployment and GDP in this country? Justify your response.

Answers

Answer:

The central bank lowered its interest rates, which made it easier and cheaper for banks to make loans to people. once people could get loans, they could buy more. The increased demand meant more people were employed to make and sell items, and output increased.

Explanation:

Answer:

The central bank lowered its interest rates, which made it easier and cheaper for banks to make loans to people. Once people could get loans, they could buy more. The increased demand meant more people were employed to make and sell items, and output increased.

Explanation: edmentum sample answer

Unlike an editor who works on a
there is no script or road map for documentary film editors.
A. blockbuster movie
B. music video
C. theater production
D. scripted film

Answers

Music video have a nice day

Answer:

The answer is D scripted film

steps in a brainstorming session, it is not a good idea to
a) use the problem solving-model to determine which ideas are the best
b) write down all the solutions that are suggested
c) think of as many potential solutions as possible
d) immediately reject the most outlandish ideas as ' foolish' or ' crazy'

Answers

Answer:

D

Explanation:

immediately reject the most outlandish ideas as ' foolish' or ' crazy'

An employee who works from home is participating in what activity? A. Contracting B. Telecommuting C. Job shadowing D. Outsourcing Please select the best answer from the choices provided A B C D.

Answers

Answer:

b.

Explanation:

If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful?
A.
Statement of owners' equity
B.
Cash flow statement
C.
Balance sheet
D.
Income statement

Answers

Answer:

The answer is D. Income statement

Explanation:

Answer:

D. income statement

Explanation:

i took the test

What is the name of the service that lists systems internals as the manufacturer?

Answers

To get a list of Windows Services, you need to open the System Configuration utility (run msconfig ) and go to the Services tab (you will find many services there).

You must launch the System Configuration application and select the Services tab in order to acquire a list of Windows Services.

What is a service?

Services are referred to as a type of goods that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.

Internet Protocol Configuration is referred to as IPCONFIG. The Dynamic Host Setup Protocol (DHCP) and DNS are updated by this command-line program, which also exposes all the current TCP/IP network configurations.

To locate where the issue is occurring, troubleshooters must go through a checklist of components. The main goals of troubleshooting are to determine why anything doesn't function as planned and to offer a solution to fix the problem.

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The wealth effect explains the _______ relationship that exists between consumer spending and overall _______. Select one: a. negative; price level b. positive; price level c. negative; asset valuation d. positive; asset valuation

Answers

The wealth effect explains the positive relationship that exists between consumer spending and overall asset valuation.

What is the wealth effect?

The wealth effect is an economic theory which postulates that consumer spending increases when consumers perceive that their is an increase in the value of their assets(wealth). Consumer spending increases even if there is no increase in income.

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If you’re thinking about a career as an applied mathematician, you should consider researching the_cluster. Within this cluster, you’ll find that most of the careers require_in order to have the knowledge and skills needed to excel in these positions.

Answers

Answer:

Mathematical literacy is the ability to analyze, reason, and communicate ideas effectively through posing, formulating, solving, and interpreting solutions to mathematical problems in a variety of situations.

The following clusters should be researched;

• Probability/Statistics

• Research/Optimization

• Discrete Mathematics

• Scientific Computing

The programs that emphasize mathematical reasoning, mathematical modeling and computation, abstraction from the particular, innovative application of mathematics, and development of new methodology.

Explanation:

CARTOONS: Checking Account Fees
Checking accounts often serve as the foundation of managing one’s finances. However, when signing up for an account, the importance of reading the fine print cannot be overemphasized. Many checking accounts come with fees and users are charged - sometimes multiple times a day - for transactions they thought were covered!

In this activity, you will pick one of the cartoons provided below and analyze how it portrays the importance of understanding the costs and fees associated with your checking account.

Part I: Choose a Cartoon
Select one of the four cartoons provided below to analyze.


Cartoon 1

Cartoon 2


























Cartoon 3





Cartoon 4

Answers

I will choose the second cartoon as the bank worker is willing to explain what the checking account is all about (Image of the cartoon attached)

The fees associated with a checking account are:

Common checking account feesMonthly service fee.Overdraft fee.ATM fee, etc.

What is a checking account?

A checking account is known to be a a type of bank account that helps people to quickly deposit and withdraw money from their account for any of their daily expenses.

The importance of the 2nd Cartoon in understanding the costs and fees associated with your checking account is that when the cashier or bank worker have explained all that there is to known about checking account, one can know if they want to open it or not.

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How does buying shares in a company benefit an investor?.

Answers

Answer:

Build. Historically, long-term equity returns have been better than returns from cash or fixed-income investments such as bonds. ... Protect. Taxes and inflation can impact your wealth. ... Maximize. ... Common shares.Capital growth. ... Dividend income. ... Voting privileges. ... Liquidity.

Explanation:

Rotten managers are to blame for the surging wave of job burnout — and the fix has to come from them, not overworked employees.

Answers

The burnout from the jobs are to be fixed in ways that are different from the workers taking more vacations.

What are job burnouts?

These are work related stress and experiences that may result in a state of physical and emotional exhaustion.

This can lead to a reduction in the performance and the accomplishment of workers.

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I

14: Unit FOUR Quiz
4
Select the correct answer.
Atmospheric scientists study weather patterns.
A.
True
B.
False
Reset
Next

Answers

A. True atmospheric scientists DO study weather patterns

Answer:

True

Explanation:

Atmospheric Science is the umbrella term for anyone who works in studying the atmosphere of our planet. Although the subject covers meteorology (the study of the weather) that is not all it is. Atmospheric scientists may study the weather and make predictions for what it might look like in an hour, a day, a week or in the next season.

<3 Enjoy,

    Dea

Briefly explain the responsibilities of each of the following agencies.
a. Federal Trade Commission (FTC):
b. Consumer Product Safety Commission (CPSC):
c. Environmental Protection Agency (EPA):

Answers

A) FTC- investigates and prevents unfair methods of competition and prevents deceptive acts affecting commerce.

B) CPSC- works to reduce the risk of injuries and death from consumer products.

C) EPA- responsible for creating standards and laws promoting the health of individuals and the environment.

Frank purchases a $100,000 life insurance policy from mutual of omaha insurance co. The insured party is frank’s wife cheryl. Frank lists cheryl’s daughter katy as the beneficiary on the policy. Two years later, cheryl dies, and katy tries to collect on the insurance policy. Mutual of omaha refuses to pay. Can katy sue mutual of omaha to enforce the contract?.

Answers

As regards to if Katy can sue Mutual of Omaha to enforce the contract, the answer is that she can sue Mutual of Omaha because she is a donee beneficiary.

Can Katy sue?

Katy is listed as a beneficiary even though she is not the one that was insured.

This means that she can still claim the life insurance payout and if Mutual of Omaha refuses to pay up, they would be in breach of contract and can therefore be sued.

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think about an artist who owns her own business. Match each term with the example from her business that best fits that term

Answers

Answer: Profit—> What the artist keeps

Revenue—> What the artist receives

Total Cost—> what the artist pays

Explanation:

Average total cost is very high when a small amount of output is produced because.

Answers

Answer:

When average fixed cost is large.

Explanation:

The of users representing approximately 34 percent of the population on the diffusion of innovation curve is crucial because few new products and services can be profitable until this large group buys them. (Enter one word in each blank.)

Answers

The users who represent 34% of the population and are crucial to the profitability of new products are the Early majority.

Who are the early majority?

These are the members of the population on the diffusion of innovation curve that represent a significant 34% of the population.

They do not buy goods as early as the early birds do because they want to wait for the new product's bugs to be worked out before they buy.

They are hugely important in a product's lifecycle because very few products can make a profit unless they buy them.

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What should i name my blue dinosaur

Answers

Yeah blue dinosaur is perfect

Answer:

Blu or Bluemoon

Explanation:

Cause I like them :D

Which is the most accurate definition of body language?

Answers

Body Language is communicate by movement or position, particularly facial expressions, gestures and the relative positions of a speaker and listener.

Answer:

The process of communicating nonverbally through conscious or unconscious gestures and movements

For the name gensol, what type of intellectual property protection would be available to pharzime?.

Answers

Answer:

Trademark protection

Explanation:

Trademark protects:

Any word, name, symbol, or device that an organization uses to identify and distinguish its goods/services from the goods/services of another organization and to indicate the source of the goods/service.

Which of the businesses listed below is not a product-based business?
house cleaning
clothing
food
motor vehicle sales

Answers

house cleaning. it’s a service, they don’t sell products.

Causes of deflation (essay answer)

Answers

It is the opposite of inflation, which is when general price levels in a country are rising. In the short-term, deflation impacts consumers positively because it increases their purchasing power, allowing them to save more money as their income increases relative to their expenses.

For Standing Bear Company, sales revenue is $200,000, sales returns and allowances are $5,000, sales discounts are $3,000, and cost of goods sold is $120,000. Net sales is:_________
a) $192,000.
b) $195,000.
c) $ 72,000.
d) $197,000.

Answers

The net sales of the given set of data is:

$72,000

What is Net Sales?

This refers to the addition of a company's gross sales minus the expenses which includes returns, allowances, etc.

The Gross Sales:

Sales revenue: $200,000

Cost of goods sold: $120,000

Total = $200,000 - $120,000

=$80,000

Expenses:

Sales allowances and discounts: $5,000

Sales discounts: $3,000

Total= $5,000 + $3,000

= $8,000

Therefore, net sales = Gross Sales – Returns – Allowances – Discounts

$80,000- $8,000

=$72,000

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(Easy) Drag each label to the correct location on the image.
Match the factors to the type of financing adopted by the business.

Answers

Answer:

First 3 going straight down go in equity financing last to go in debt financing.

Explanation:

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