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gtnhenbr [62]
3 years ago
8

2.1 Changes in which factors could cause aggregate demand to shift from AD to AD1? What could happen to the unemployment rate? W

hat could happen to the inflation rate?

Computers and Technology
1 answer:
katrin [286]3 years ago
3 0

Answer:

There are many factors that cause aggregate demand to shift from AD to AD1. The unemployment rate will fall and inflation will increase.

<u>Explanation:</u>

A Shift in aggregate demand from AD to AD1 means there has been a  fall in demand. Various factors that cause demand to decrease are:

  1. Increase in price of a good itself
  2. Increase in the price of complimentary goods-This will lead to a fall in demand. Like ink and pen are complementary goods. if the Price of ink increases then demand for pen will decrease.
  3. A Decrease in the price of substitute goods-Like tea and coffee.
  4. Expectation regarding future fall in price

So due to the decrease in demand finally the unemployment will increase and with that, the inflation rate will increase making  things dearer.

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Ted has $55.00 in his pocket. Which purchase will he be able to pay for with cash?
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Malcolm Movers charges a base rate of $200 per move plus $150 per hour and $2 per mile. Write a program named MoveEstimator that
jeka94

Answer:

import java.util.Scanner;

public class MoveEstimator

{

public static void main(String[] args) {

   

    Scanner input = new Scanner(System.in);

    final int BASE_RATE = 200, RATE_PER_HOUR = 150, RATE_PER_MILE = 2;

    int hours, miles;

    double totalFee = 0.0;

   

 System.out.print("Enter the number of hours for a job: ");

 hours = input.nextInt();

 System.out.print("Enter the number of miles: ");

 miles = input.nextInt();

 

 totalFee = BASE_RATE + (hours * RATE_PER_HOUR) + (miles * RATE_PER_MILE);

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}

}

Explanation:

*The code is in Java.

Create the Scanner object to be able to get input

Initialize the constant values using final keyword, BASE_RATE, RATE_PER_HOUR, RATE_PER_MILE

Declare the variables, hours, miles, totalFee

Ask the user to enter the hours and miles

Calculate the totalFee, add BASE_RATE, multiplication of  hours and RATE_PER_HOUR, multiplication of  miles and RATE_PER_MILE

Print the output as in required format

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