Answer:
quantity demanded exceeds quantity supplied and a shortage occurs
Explanation:
The options to this question wasn't provided. Here is the link to the complete question: https://www.chegg.com/homework-help/questions-and-answers/equilibrium-price-solar-panels-200-per-panel-price-ceiling-150-per-panel-imposed-happens-m-q22993335
When a price ceiling is below equilibrium price, the good becomes cheaper to consumers, therefore demand increases. While the profit of suppliers fall and suppliers reduce the quantity supplied. This leads to a shortage in the market.
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The correct answer to this question is 10 years old. Alton Middle School is the largest middle school in Illinois. It is approximately composed 1,500 students and has started in the year 2006. It has a school system that has a 'gifted' student program from 1st to 8th graders - thus covering the middle school.
ANSWER:
Upon admission to the inpatient setting.
STEP-BY-STEP EXPLANATION:
An inpatient admission is generally appropriate when you're expected to need 2 or more midnights of medically necessary hospital care, but your doctor must order such admission and the hospital must formally admit you in order for you to become an inpatient.
If the government cuts taxes by $40 billion, this puts more money in consumers' pockets. Given an MPC of 0.8, this means they will spend $32 billion
Evaluating :
(0.8 × $40 = $32).
The correct answer is an increase of $32 billion.
GDP:
Gross domestic product (GDP) is a measure of the final goods and services produced with a specific region over a specified period of time. It is computed as follows:
GDP = Consumption + Government Spend + Investment + Net Exports
What is Marginal Propensity to Consume (MPC)?
Marginal propensity to consume (MPC) is measured as the portion of an increase in pay that a consumer would spend on goods and services as opposed to saving. Essentially, it is measuring how sensitive consumption in an economy is to increases in income. MPC is important in economics because it illustrates the effect that increased government spending has on the economy.
Learn more about Marginal propensity :
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Answer:
The correct answer is the third option: Investments in human capital.
Explanation:
To begin with, the neoclassical economics focus mostly in the study of the economy by paying most of the attention to the individual parts of it, saying that, this science accepts a methodological individualism and it focus in a rationality at long term and that is why it basically would find the investment in human capital as an element that would underpins long run productivity growth in the economy. Moreover, there is a principle in a neoclassical theory that states that the individuals act over the bases of complete and relevant information and therefore that it must focus on them primarily by investing in them.
