Options:
a. Fall
b. Shift the long-run aggregate supply curve to the right
Answer:
b. Shift the long-run aggregate supply curve to the right
Explanation:
Indeed, in the long run the aggregate supply or the number of available unemployed workers in the economy would increase, due to an increase in the number of those looking for jobs, since they stand to get reduced unemployment benefits.
This change would be clearly visible if plotted on a labor supply graph. In a sense, the unemployed no longer want to remain unemployed because of reduced unemployment benefits.
I would say, B. because when you familiarize yourself with a lot of different software you become more aware of how to improve on what the public would prefer most.
<h2>
Both situations are examples of an economic problem.</h2>
Explanation:
Let us understand the term "economic problem"
Though the expectation of the people are endless, the "resources available" to satisfy the need is limited. This causes the "economic problem".
A student trying to decide how to spend his weekly allowance:
The need of student may be endless but still he is in a position to decide only based on the amount which he has to spend. He needs to prioritize the needs and then spend accordingly.
A country choosing to sacrifice some privacy to gain more security:
Under a compelled situation, the country has to sacrifice the privacy and then have to gain security. The loss due to negotiation of privacy is for sure and this leads to economic problem.
I would personally put B but I’m really not for sure on the answer, sorry hope this helps tho.
Answer:
d) quantity of credit for loans
Explanation:
As more quantity is available being for a decrease in required reserve ratio or emission of currency It will increase the bank's money available for loans to companies and families. If the quantity of money decrease it will reduce the amount for loans. Thus,this vaiable are inextricably intertwined.
