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jek_recluse [69]
3 years ago
13

Big AD and AS general equilibrium system (2 points): Assume that the short-run equilibrium output and price combination Yeq,Peq

is characterized by the point where the aggregate demand curve AD intersects the short-run aggregate supply curve SRAS. Aggregate demand AD is determined by IS-LM equilibrium. That is, aggregate demand is (Y,P) combinations consistent with market clearing in the goods market (IS) and in the money market (LM). The equilibrium equations for this economy are the following:Y¯ = F (K¯,L¯) LRAS: Natural level of output
Y = Y¯ +a(P−EP) a > 0 SRAS: Aggregate Supply

Y = C(Y −T) +I(r) +G IS: Goods market clearing

M P = L(r,Y) LM: Money market clearing
(a) Show the short-run effect of and the channel through which an increase in the money supply M ↑ affects the equilibrium output Y, real interest rate r, and price levels P (draw only the graphs which have any changes on them; i.e., if there is no change to planned expenditure, don't draw that graph).

(b) Show the short-run effect of and the channel through which an increase in government spending G ↑ affects the equilibrium output Y, real interest rate r, and price levels P
Business
1 answer:
Andru [333]3 years ago
3 0

Answer:

6hdhksbdjxiiiijjjdh77

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$510,000.00

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There are more corporations in this country than any other business structure.<br> OTrue<br> O False
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Higgs Enterprise's flexible budget cost formula for indirect materials, a variable cost, is $0.75 per unit of output. If the com
balandron [24]

Answer:

$5,400= indirect material

Explanation:

Giving the following information:

Standard= $0.75 per unit of output.

Indirect material spending variance= $600 favorable

8,000 units of output were produced last month.

To determine the indirect material costs incurred, we need to use the following formula:

Indirect material price variance= (standard price - actual price)*actual quantity

600= (0.75 - actual price)*8,000

600= 6,000 - actual price

5,400= actual price (in total)

To prove:

Indirect material price variance= (0.75*8,000 - 5,400)

Indirect material price variance= $600 favorable

6 0
3 years ago
What is the answer i been trying this whole time.If you get it i'll give you 30 point honestly......
RSB [31]

Answer:

GBGGPGGGGRGGGGGPGGGWG

Explanation:

Green trees = G

Blue trees = B

Pink trees = P

Red trees = R

Purple trees = P

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