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muminat
1 year ago
13

Consider the impact of monetary policy over time. in the short run, __________ prices adjust. in the long run, __________ prices

adjust.
Business
1 answer:
masha68 [24]1 year ago
7 0

Consider the impact of monetary policy over time. In the short run, some prices adjust. In the long run, all prices adjust. This is further explained below.

<h3>What is monetary policy?</h3>

Generally, Controlling both the amount of money that is circulating in an economy and the routes through which new money is created is what we mean when we talk about monetary policy. The approach to monetary policy is influenced by a variety of economic variables, including the gross domestic product (GDP), the rate of inflation, and the growth rates of certain industries and sectors.

In conclusion, Take into consideration the effects that monetary policy has had throughout time. Some pricing is subject to adjustments in the short term. Over time, market prices will reach their equilibrium.

Read more about monetary policy

brainly.com/question/28038989

#SPJ1

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If buyers in this market have to wait in line to purchase this good after a $1 price ceiling is imposed, each buyer purchases on
Sophie [7]

The waiting time will be 30 minutes because 30 minutes at $8 per hour adds $4 to the price. Therefore, making the full price equal to $5 for each buyer clears the market.

<h3>What is the price ceiling?</h3>

A price ceiling is a price control mechanism by the government to intervene in the market forces of demand and supply by setting a maximum price.

While price ceilings are imposed to make prices low for consumers, it may cause shortages in the quantities supplied.

Thus, the waiting time will be 30 minutes because 30 minutes at $8 per hour adds $4 to the price.

Learn more about price ceilings at brainly.com/question/4120465

#SPJ12

3 0
1 year ago
Critical Thinking: You are at a party, and the friend you came with has had several drinks. He appears to be sober and shows no
abruzzese [7]

Answer:

Alcohol is alcohol, and depedning on your weight, even just 2 drinks in your system would be enough for you to be considered impaired. Your friend may feel fine, but after several drinks they are not functioning as well as they should, and will still get in trouble with the police if they get pulled over and are breathalized. Tell your friend that you will drive home; if you both have had drinks, find someone else to drive you or call a taxi. It doesn't matter if it was 1 drink or 6, alcohol is alcohol.

7 0
3 years ago
On May 1, 2021, Cedar Corp. paid $432,000 for rent on warehouse space one year in advance. On November 1, 2021, Cedar Corp. ente
lorasvet [3.4K]

Answer: $324,000

Explanation:

Cedar Corp. paid $432,000 for a year in advance. According to the Accrual principle in Accounting, expenses are to be recorded only when incurred.

The rent will therefore have to be apportioned to the months that it has paid for in the current period.

Rent for year = $432,000

Rent for month = 432,000/12 = $36,000

April - December = 9 months

Rent for the year = 9 * 36,000

= $324,000

Note; <em>Question is about Rent expense which is how much Cedar Corp has paid not about how much they have received. </em>

4 0
3 years ago
Worker productivity is one of the most important factors that help determine the performance of an economy. Which definition bes
Papessa [141]

Productivity of a worker is measured by how much is produced at a given time.

<h3>What is worker productivity?</h3>

It measures the amount of output produced at a given work interval.

The quantity of goods and services produced per a given time measures a worker productivity.

Therefore, productivity of a worker is measured by how much is produced at a given time.

Learn more on productivity here,

brainly.com/question/1151291

7 0
2 years ago
(Advanced analysis) The demand for commodity X is represented by the equation P = 10 - 0.2Q and supply by the equation P = 2 + 0
ioda

Answer:

Q = 10

Explanation:

Assuming that supply remains the same, the new supply and demand equations are, respectively:

P_S = 2 + 0.2Q\\P_D = 7 - 0.3Q

The equilibrium quantity occurs at the point for which the prices in the supply and demand equations are the same:

2 + 0.2Q = 7 - 0.3Q\\0.5Q=5\\Q=10

The new equilibrium quantity is Q = 10.

5 0
3 years ago
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