Answer:
stagflation
Explanation:
Stagflation is a combination of high unemployment plus high inflation and economic recession. This is the worst possible scenario that an economy can face, it is basically a "perfect storm" that destroys everything.
- Since the primary employer shut down, unemployment rose.
- The price level has increased significantly = high inflation.
- As a combination of both, economic recession will hit the community.
<span>From the monopolist points of view the benefits are, holding 100% of the market, the ability to have a great influence on price and of course, no competition.
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Answer:
$ 50.625
Explanation:
Amount of deposit = $50
interest 5 percent usually per year
Per year interest rate = 5/100= 0.05
Interest rate for 3 months= 0.05/12 x3
=0.0125
Interest amount =0.0125 x50= 0.625
Money in the account will be
=$50+0.625
=$ 50.625
I don’t understand what you are trying to say or what your question is?
Answer:
Supply decreases
Explanation:
Equilibrium is a balanced scenario where demand matches supply. At equilibrium, both sellers and buyers are happy with the current price. The market has no excess demand or supply or demand.
A decrease in supply while demand stays constant results in many customers competing for the few products in the market. There will be scarcity because the supply cannot satisfy demand. The supply curve shifts outwards or to the right resulting in a new and higher equilibrium point. The price will increase while the quantity supplied declines.
