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1 year ago

are shifts in aggregate demand often the result of waves of pessimism or optimism among consumers and businesses

1 answer:

ozzi1 year ago

4 0

Shifts in aggregate demand are often the result of waves of pessimism or optimism among consumers and businesses. The Fed can effectively respond to excessive pessimism by expanding the money supply and lowering interest rates.

<h3>What does aggregate demand represent?</h3>

Aggregate demand is the amount of total spending on domestic goods and services in an economy. The downward-sloping aggregate demand curve shows the relationship between the price level for outputs and the quantity of total spending in the economy.

Aggregate demand is calculated as the sum of consumer spending, investment spending, government spending, and the difference between exports and imports.

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If a ppf has a negative slope and is bowed out, we experience ________ opportunity costs as we continue to move down and to th

Snowcat [4.5K]

Answer:

Explanation:

Production possibility frontier (ppf) is a graph which shows the existence of opportunity cost of moving from one combination of goods to another . Its slope is always negative and bowing out or downward sloping because opportunity costs always diminish or go down due to law of diminishing marginal return.

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2 years ago

If 9,000 fans bought tickets totaling $135,000, what was the average revenue per ticket?

son4ous [18]

In order to find the average, divide the total cost which is $135,000 by the number of fans 9,000.. your answer would be $15.00 per person.

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2 years ago

A delivery company is considering adding another vehicle to its delivery fleet; each vehicle is rented for $100 per day. Assume

tangare [24]

Answer:

a. What is the MRP?

marginal revenue product = marginal product of labor x marginal revenue per output unit

MRP = 1,500 packages x $0.10 per package = $150

marginal resource cost (MRC) = $100 (the cost of renting the delivery truck)

The company should add the delivery truck because MRP is higher than MRC.

b. Now suppose that the cost of renting a vehicle doubles to $200 per day. What are the MRP and MRC in this situation?

MRP = $150 (doesn't change from question a)

MRC = $200 (the cost of renting the delivery truck)

The company should not add the delivery truck because MRP is less than MRC.

c. Next suppose that the cost of renting a vehicle falls back down to $100 per day, but, due to extremely congested freeways, an additional vehicle would only be able to deliver 750 packages per day. What are the MRP and MRC in this situation?

MRP = 750 packages x $0.10 per package = $75

MRC = $100

The company should not add the delivery truck because MRP is less than MRC.

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3 years ago

The Federal National Mortgage Association (Fannie Mae) was originally established to provide a secondary market for FHA-insured

Crazy boy [7]

The statements regarding Fannie Mae loan are true except that A. Fannie Mae lends money directly to homebuyers.

<h3>How to illustrate the information?</h3>

It should be noted that Federal National Mortgage Association (Fannie Mae) was established to provide a secondary market for FHA-insured and VA-guaranteed loans.

Fannie Mae fully guarantees timely payment of interest and principal to investors and is authorized to buy both conventional home loans and government-sponsored

In conclusion, the correct option is A.

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2 years ago

Measures that help to solve economic problems are called

Romashka-Z-Leto [24]

Economic stimulus Answer:

Explanation:

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2 years ago