An increase in aggregate demand when the economy is below potential output increases real output and has little or no effect on price levels.
The Keynesian aggregate supply curve shows that the AS curve is fairly flat. This means that during economic downturns, firms supply the quantity of goods demanded at a particular price level.
The Keynesian zone is on the left side of his SRAS curve and is fairly flat, so movements in aggregate demand affect production but have little effect on price levels.
The Keynesian model suggests that in the short term less flexible wages and prices will push the aggregate supply curve upward. This model makes it more likely that the economy will fall below the full employment level. This means companies can hire new workers and increase production without raising wages or prices.
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Answer:
find answer in the explanation below
Explanation:
Koby is 16 and that means he is under age for a start. That initial statement makes Fastfood liable.
As it can be seen from the question, the golden rule applies to Koby's case as it is clear he has other things to do with his time.
Primarily, he is a student and that means he has school work to do alongside putting in some hours at Fastfood. But then, he still has the right to be treated right which in this case means him getting some rest. It is therefore safe to say that the manager of Fastfood is trying to take advantage of Koby and should have given him rest.
if he had gotten some rest, he wouldn't have fallen asleep while driving and been in the accident.
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Answer:
A demand chart is a graph which shows the relationship between the quantity demanded of a good or product and the prices which the consumer are willing to pay over a specified period of time. It reveals the law of demand which states that quantity demanded increase as price decreases and vice versa.
Answer:
Polycentric orientation.
Explanation:
The polycentric orientation, referring to the management of the global marketplace, is a market vision (and in a great sense also political) that establishes that there is no single central point in a globalized market, but that each country has a strategic importance in the different sectors market that most concern you. Thus, the idea of market leaders is rejected, but rather the idea of a fragmented market in different sectors, with varied leaders, is defended.
Answer:
The answer is "Option b".
Explanation:
In this scenario, the second option, which would be the percentage within each transaction that's also interest instead of the full amount, would've been lower if the rate of interest were lower because interest-related transactions would have been higher at lower rates and conversely, as opposed to the main refunds.
