A favorable supply shock is a sudden increase in supply that makes the short-run aggregate supply curve (SRAS) shift to the right, average price levels go down and real GDP also shifts to the right. In this case, average price levels go down as shown in the figure below from p1 to p2 SRAS shifts right.
This may make create deflation in an economy and discourage new producers to enter the market, to bring back inflation, the central bank may reduce interest rates and decrease the money supply in the market, and in short, will follow expansionary monetary policy. This will make people demand more and hence as aggregate demand shifts to correct average price levels may again go up. This move will create new jobs in the market as aggregate demand will increase in the short term.
A supply shock is an event that causes unexpected cost increases or production disruptions. This shifts the short-run aggregate supply curve to the left, boosting inflation and lowering real domestic production.
Learn more about supply shock at
brainly.com/question/9270152
#SPJ4
The correct answer is B.
The interviewer will be taking notes with recommendations for the next person in the process, since the interviewer won't be the sole person making the rejection/acceptance decision.
Answer:
Variable cost = $6,550
Explanation:
Variable cost is the cost incurred during the production process that changes with quantity of goods produced. For example labor, machine operating cost, and raw materials.
The other type of cost is variable cost that does not change with volume of production, but rather remains constant. For example rent, tax, and so on.
In the given instance the costs that are variable are cost of labor, cost of electricity to run printing presses, and cost of ink for paper.
Monthly mortgage and property tax are fixed cost that must be paid regardless of production volume.
variable cost = $5,500 + $800 + $250
Variable cost = $6,550
The answer is “Bond Maturity Date”.
A popular free online payment service that allows you to send money, and accepts payments without revealing your personal financial information is Pay- pal.
<h3>What is financial information?</h3>
Personal information is refer to information related to banks that shows the financial position of an individual. This information includes the number or pin of debit cards or credit cards, statements of banks, and the transaction made.
Owned subsidiary of eBay pay-pal is referred to as an online service payment that is owned by eBay providing users with security by allowing them for making payments without revealing their personal financial information.
Learn more about online payment services, here:
brainly.com/question/1638022
#SPJ4
