Answer:
A. an increase in the price level (inflation)
Explanation:
When there is an unanticipated increase in aggregate demand it usually result in the general increase in the price level of that good demanded (inflation). This is because when there is an unpredicted increase in demand for a good, the demand becomes higher than the supply for that good at that particular period. Because the supply is now less than the aggregate demand, the prices of the commodity is then increased to discourage demand. The increase in the price of the commodity (inflation) therefore is a direct result from the increase in the aggregate demand for that commodity.
Answer:
Explanation:
People who want to obtain credit goods services from financial institutions can use their economic political property rights to do so.
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It is called A COST DRIVER. A cost driver refers to any factor that causes a change in the cost of an activity. Cost driver is used to assign overhead costs to the quantity of a particular goods that is manufactured. Example of a cost driver is direct labour hours input into a production operation.
We will classify Mary as been cyclically unemployed because she is unemployed due to the economic downturn.
Basically, the cyclical unemployment is the unemployment experience as a result of economic upturn and downturn.
The cyclical type of unemployment are mostly experienced during economic recessions.
It is obvious that people were not buying as many cars because of economic downturn.
Therefore, in conclusion, we will classify Mary as been cyclically unemployed because she is unemployed due to the economic downturn.
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Answer:
The public debt as a percentage of GDP in the United States, reached its lowest point in recent decades, in 2001, when it represented 54.9% of GDP.
After that year, this indicator began to increase, at first slowly, and from 2007 on very rapidly, propelled in part by the financial crisis. In 2010, the public debt as percentage of GDP was 89.3%.