Answer: is Vertical
Explanation:
<em>In the AD-AS framework, the simple Keynesian model includes an aggregate supply curve that </em><em><u>is vertical</u></em><em> once the economy is producing at its Natural Real GDP."</em>
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The GDP is the total value of the final goods and services produced in a country in a certain period.
When the country is at its Natural Real GDP which is also its long term GDP, the Aggregate Supply curve will be vertical. This is because in the long-run, it is assumed that all the inputs are being utilized at their optimal levels and so a change in Aggregate demand will not affect the AS curve.
The AS curve can however be affected by changes in capital, labor, and/ or technology.
Answer:
For the students of the college, the visual appearance of the campus is non-rival and non-excludable
The benefit of the beatification initiative, as suggested by the survey, is $3,390. Because the estimated benefit is less than the cost, the college administrators should not undertake the beautification initiative.
Explanation:
non-rival and non-excludable
This means that everyone benefits from the remodel equally and people who do not pay for it will still enjoy their benefits.
$3,390
The benefit is found by multiplying the average benefit for each person surveyed by the number of people surveyed, which is $11.3 X 300 = $3,390.
The college should not complete the project because the marginal cost: $4,400 is more than the marginal benefit: $3,390.
Explanation:
One of the most vital things to consider when you are starting a nonprofit is your mission. Writing a mission statement of one to two sentences can outline why it exists, what the organization does, who it serves and where it provides services all in one place
I believe the answer is: a. dominated by cotton
After the civil war, the south still hasn't fully adopted the manufacturing industry like the norhtern states did, due to the limited machineries that they possess. Because of this, their economy still dominated by agricultural sectors (mostly cotton). The only difference is that they pay their workers with salary rather than using slaves.
A. i think , hoped this helped