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Harrizon [31]
3 years ago
5

Suppose the economy is operating in long-run equilibrium and a positive demand shock hits. We expect a short-run increase in rea

l GDP and the price level and a long-run _____ in real GDP (in comparison to the then short run GDP) and _____ the price level (in comparison to the then short run price level).
Business
1 answer:
Pepsi [2]3 years ago
3 0

Answer:

The correct answer is: an expansionary gap; decrease the money supply.

Explanation:

An expansionary gap is when genuine output surpasses potential output. At the end of the day, the economy is incidentally working over its long-run potential as estimated by real GDP.

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In preparing for the upcoming holiday season, Fresh Toy Company (FTC) designed a new doll called The Dougie that teaches childre
Kryger [21]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

7 0
4 years ago
Canon was able to redesign the copying machine so that it didn't need professional service—reliability was built directly into t
alexdok [17]

Answer:

a. architectural innovation.

Explanation:

From the question we are informed about Canon who was able to redesign the copying machine so that it didn't need professional service—reliability was built directly into the machine, and the user could replace parts, such as the cartridge. What Xerox had not envisioned was the possibility that the components of the copying machine could be put together in an altogether different way that was more user-friendly. In this case This example describes architectural innovation.

Architectural innovation can be regarded as innovation of an architecture which involves

reconfiguration of products technology that has been in existence so that improvement can be made. It is way to innovate products that can undergo changes as well as modified one that has its components link together.

5 0
3 years ago
Akamai Technologies is a dominant player in the content delivery network (CDN) market. Akamai is not very diversified (i.e., is
vladimir2022 [97]

Answer:

The answer is: Akamai will probably lower its prices too.

Explanation:

When a company's competitors offer similar products and lower their prices, they are expecting a substitution effect to happen. This means that your customers will stop buying from you and will start buying similar substitute products from the competition at lower prices.

Akamai will probably try to avoid this from happening and the only feasible way they can do it is by also lowering their prices to match the competition's.

8 0
4 years ago
Afish cannot survive without water and a profession cannot exist without education. Justify this statement logically​
givi [52]

Answer:

Water is the home of fish. If there won't be water then there won't be fish as fish can't survive without water. Similarly, education is like the water and profession is like the fish. Education makes a person skilled, trained, capable to perform a job. If someone tries to do a job without gaining some sort of education then it will be very hard for them to do that particular job properly. Education provides us knowledge and skill to perform any task in a job efficiently and effectively. Education helps to develop one's confidence, knowledge, skills and makes one ready to do any type of job. Education makes a direct contribution to the production of skilled manpower. So without education there won't be any profession.

Explanation:

(this is what I wrote)

5 0
3 years ago
If there are diminishing returns to capital, then increases in the capital stock
Valentin [98]

Increases outputs by smaller and smaller amounts.

Diminishing returns means that at a certain point with all other factors equal, increasing the inputs will yield more and more decreased outputs.

4 0
4 years ago
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