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forsale [732]
3 years ago
14

Congratulations! You have been appointed an economic policy adviser to the United States. You are told that the economy is signi

ficantly below its potential output and that the following will happen next year: World income will fall significantly and the price of oil will rise significantly. (The United States is an oil importer.)
a. What will happen to the price level and output?

Price level increases and output may increase or decrease.
Price level may increase or decrease and output decreases.
Price level may increase or decrease and output increases.
Price level decreases and output may increase or decrease.
Business
1 answer:
Nostrana [21]3 years ago
4 0

Answer:

Price level may increase or decrease and output decreases.

Explanation:

The price level is determinated bu the money supply and demand. A single price, in this case oil, cannot determinate prices or we end up in a loop.

So this is insufficient information to determinate the price level.

While the income decrease at a worldwide level will make the output of the economy even lower.

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Answer:

How does the photo appeal to emotions?

Its shows a worried mother with her children

Why would Lange make up the story of the photo?

Her job was to show suffering

Explanation:

This is the answer for edg2020

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U Do It Centers deposited $3,200 in an account two years ago and is depositing another $5,000 today. A final deposit of $3,500 w
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Answer:

Total= $13,221.52

Explanation:

Giving the following information:

Deposited $3,200 in an account two years ago and is depositing another $5,000 today.

A final deposit of $3,500 will be made one year from now.

Interest expense= 4.85% compounded annually.

We need to calculate the final value of each deposit using the following formula:

FV= PV*(1+i)^n

First deposit= 3,200*(1.0485^5)= $4,055.01

Second deposit= 5,000*(1.0485^2)= $5,496.76

Third deposit= 3,500*(1.0485)= $3,669.75

Total= $13,221.52

4 0
3 years ago
What is another name for fiat money?
marta [7]
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6 0
3 years ago
The risk associated with a portfolio Multiple Choice grows exponentially with the number of stocks purchased. declines exponenti
denis23 [38]

Answer:

decreases as the investor increases the number of stocks in her portfolio.

Explanation:

In Business, a portfolio can be defined as a wide range of financial investments such as bonds, stocks, cash, commodity, real estate, cash equivalent, art etc that are being held by an individual or organization.

The risk associated with a portfolio decreases as the investor increases the number of stocks in her portfolio.

This ultimately implies that, as the number of assets being held by an individual or organization increases, the risk associated with such a portfolio decreases. Generally, this is referred to as diversification.

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Why is "equilibrium" also sometimes called "market clearing price"? Group of answer choices
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Answer: B.At equilibrium, quantity supplied and quantity demanded are equal ensuring that at that price consumers will not want more and producers will not supply more.

Explanation:

The point where the market demand and marker supply curves intersect is known as the equilibrium point. The price at which equilibrium occurs is the market clearing price.

It is called the market clearing price because at that price both producers and customers are in equilibrium. Above the equilibrium price, there's is excess supply and below the equilibrium price, there's excess demand.

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