1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
luda_lava [24]
3 years ago
12

Describe whether the following changes cause the short-run aggregate supply to increase, decrease, or neither. a. The price leve

l increases. b. Input prices decrease. c. Firms and workers expect the price level to fall. d. The price level decreases. e. New policies increase the cost of meeting government regulations. f. The number of workers in the labor force
Business
1 answer:
defon3 years ago
6 0

Answer:

Short Run Aggregate Supply SRAS is the total goods and services available in an economy at different price levels with respect to fixed production resources.

Explanation:

A) When the price level increases, aggregate supply increases as well because demand is high and manufacturers will produce more.

B) When Input prices decrease, short run aggregate supply is not affected.

C) When firms and workers expect the price level to fall, aggregate supply decreases to cushion the effect of imminent loss due to fall in prices.

D) When the price level decreases, supply also decreases since it is an indication that the market is approaching saturation,

E) New policies increase the cost of meeting government regulations and does not necessarily influence SRAS.

F) The number of workers in the labor force does not affect SRAS.

You might be interested in
Barret has determinded that hecwould't be able to offord the lifestyle he wants if he is a teacher. Whitch stage of career match
Yanka [14]
Hey! its C, you're totally right.
7 0
3 years ago
(Part 1) If Malaland exports $59 billion in goods to Bursia, and Malaland imports $42 billion of goods from Bursia , what is the
lilavasa [31]

Answer:

Explanation:

Trade balance formula = Country’s Exports – Country’s Imports.

If Malaland exports $59 billion in goods to Bursia, and Malaland imports $42 billion of goods from Bursia , what is the goods trade balance for Malaland? $ 17 billion

What is the best way to describe Malaland's goods trade balance?

It is a positive trade balance; good's exports are greater than good's imports. Malaland companies will receive more capital and this can translate into a higher standard of living for the Malaland population.

If Malaland exports $44 billion in services to Bursia, and imports $49 billion of services from Bursia, what is the services trade balance for Malaland? $-5 billion.

What is the best way to describe Malaland's services trade balance?

It is a negative trade balance; service's imports are greater than service's exports. This could lead to protectionist measures that in the long run increases consumer prices, reducing living standards of Malaland population.

What is the overall balance of trade for Malaland if it exports $44 billion in services and $59 billion in goods while importing $49 billion in services and $42 billion in goods? $12 billion

What is the best way to describe Malaland's overall trade balance?

It is a positive overall trade balance. Even though, there are more services imports than exports, good exports are greater than good's imports. Malaland companies will receive more capital  and this can translate into a higher standard of living for the Malaland population.

8 0
2 years ago
The transmission of a capitalist economic system from one generation to the next best illustrates the impact of
devlian [24]

Answer – Culture

 

The transmission of a capitalist economic system from one generation to the next best illustrates the impact of CULTURE. <span>Culture (the established norms and social found in human societies) is usually handed down in human societies from one generation to the next through social learning.</span>

8 0
3 years ago
Read 2 more answers
Two firms (1 and 2) compete in a homogeneous goods market, where the firms produce exactly the same good. The firms simultaneous
ella [17]

Answer:

m

Explanation:

4 0
2 years ago
Ellen Carson’s sales for 5 months were $26,908, $28,386, $28,730, $27,290, and $29,009. What must be her sales next month if she
hjlf

Answer:

$28,065

Explanation:

The moving averages method uses the means of the previous months as the forecast for the next months.

The formula for the moving average is as below.

Moving Average = (n1 + n2 + n3 + ...) / n

In this case, the Moving average = $26,908 +$28,386 +$28,730, $27,290+  $29,009 / 5

= $140,323 /5

=$28,064.6

=$28,065

7 0
3 years ago
Other questions:
  • HElP PLEEEASE!!
    15·2 answers
  • determine if the data is biased or not, every fortieth student who enters the school is asked to name their favorite sport​
    11·1 answer
  • “Choosing is Refusing” means individuals face an opportunity cost with each decision they make. Explain this further.
    12·1 answer
  • true or false: M-3 is money that people can gain access to quickly and easily to pay for goods and services.
    8·1 answer
  • Grant Manufacturing purchased $10,000 of merchandise inventory on account from a vendor and was billed $300 for freight. The cre
    13·1 answer
  • Do you think that a price floor such as a minimum wage will result in a surplus of labor and hence unemployment?
    13·1 answer
  • The financial statements for Harold Corporation contained the following information:
    11·1 answer
  • How do you determine the acid-test ratio? The sum of cash and short-term investments divided by short-term debt. Current assets
    15·1 answer
  • Rogers Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on
    5·1 answer
  • g: Describe the process of "borrowing at the Federal Reserve." What rate is charged, and who sets it? Why do banks commonly borr
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!