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fenix001 [56]
1 year ago
8

Starting from a​ full-employment equilibrium, an increase in aggregate demand​ ______, and creates​ ______ gap.

Business
1 answer:
zavuch27 [327]1 year ago
5 0

Starting from a​ full-employment equilibrium, an increase in aggregate demand​ increases, and creates​ an inflationary gap.

In an economy, the total quantity of demand for all finished goods and services is measured as aggregate demand. A measure of aggregate demand is the total amount of money spent on certain goods and services at a particular price level and period.

The entire demand for products and services at any given price level throughout a specific period is referred to as aggregate demand in macroeconomics. Since the two indicators are derived in the same way, aggregate demand over the long run equals gross domestic product (GDP). A country's gross domestic product (GDP) reflects all the products and services that are produced there, whereas aggregate demand refers to consumer demand for the same goods.

Learn more about Aggregate demand, here

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Suppose the average income of a citizen of Poland is higher than the average income of a citizen of Romania. You might conclude
irinina [24]

Answer:

D) productivity in Poland is higher than in Romania.

Explanation:

Income and wages are directly related to productivity and economic growth. Productivity refers to the total output produced by each unit of labor, an almost all variations in the standard of living of a country and most variations in economic growth are associated with it.

The logic is that a worker that is able to generate a higher level of output should earn a higher income. E.g. if you are a salesperson that sells $200,000 worth of merchandise per month should earn more money that another salesperson that only sells $50,000 per month. Generally, the more money you earn, the higher your standard of living.

6 0
2 years ago
Read 2 more answers
Vidya holds a degree in information technology. She has lots of experience working
dlinn [17]
<h2>Option 2: Social Media Manager</h2>

Explanation:

Option 1: Computer software company in need of a PC support specialist is an  invalid choice because they normally deals with troubleshooting hardware and software. This role is not related to graphic design program.

Option 2: This is the right answer because, social media manager is closely associated with graphic design. So Vidya may pick up this job.

Option 3: Network engineer is not suitable for Vidhya, as this job deals with connecting computers.

Option 4: A technician role plays more with cables and this option too not related to the field of Vidhya.

7 0
3 years ago
For an output level below qe, the value of a unit to a buyer is the cost of a unit to a seller. suppose a firm that produces for
Aloiza [94]

Answer:

an externality, market failure

Explanation:

The company in this case has a par production because the cost to the seller is the same as the benefit to the buyer. Now the company is dumping chemicals that are affecting people in the community that do not patronise them. The chemicals cause poisoning of wildlife and harms health of nearby residents.

This characterised an externality that is the dumping of chemicals affecting the residents in the community.

It is also a market failure because while the company is not making profit they are also harming the society where they operate.

8 0
3 years ago
Cost Structure; Break-Even and Target Profit Analysis [LO5-4, LO5-5, LO5-6] Pittman Company is a small but growing manufacturer
natali 33 [55]
I did honk b because that is the answer the I had gotten
6 0
3 years ago
Over a 17-year period an investment of $1,475 in common stocks returned an average of 10% in nominal terms and 3% in real terms.
Roman55 [17]

Answer:

The nominal value at the end of 17 years =  $7,455.34

The real value at the end of 17 years =  $2,437.95

Explanation:

Value at the end of 17 years = present value x (1+ interest rate)^t

The nominal value at the end of 17 years = $1,475 x (1.1)^17 = $7,455.34

The real value at the end of 17 years = $1,475 x (1.03)^17 = $2,437.95

7 0
2 years ago
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