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Ratling [72]
3 years ago
12

A student was asked to draw an aggregate demand and aggregate supply graphLOADING... to illustrate the effect of an increase in

aggregate supply. The student drew the following​ graph: The student explained the graph as​ follows: ​"An increase in aggregate supply causes a shift from SRAS1 to SRAS2. Because this shift in the aggregate supply curve results in a lower price​ level, consumption,​ investment, and net exports will increase. This change causes the aggregate demand curve to shift to the right from ADl to AD2. We know that real GDP will​ increase, but we​ can't be sure whether the price level will rise or fall because that depends on whether the aggregate supply curve or the aggregate demand curve has shifted farther to the right. I assume that aggregate supply shifts out farther than aggregate​ demand, so I show the final price​ level, P3​, as being lower than the initial price​ level, P1​." Which of the following is a correct statement about the​ student's analysis? A. The student is incorrect because the aggregate demand curve does not shift because of the price level change. B. The​ student's analysis is correct. C. The student is incorrect because the price level should rise when SRAS increases. D. The student is incorrect because the aggregate demand curve should​ decrease, not increase
Business
2 answers:
UNO [17]3 years ago
3 0

Answer:

a. The student is incorrect because the aggregate demand curve does not shift because of the price level change

Explanation:

the student was wrong to show the price level P3 as being lower than the initial price level p1 there was a shift i aggregate demand curve from AD1 to AD2.  This is because a change in aggregate demand is not as a result of a change in price level. The aggregate demand curve will shift from AD1 to AD2  if these components of aggregate demand,  consumption spending, investment spending, government spending, and spending on exports minus imports increase. The curve will shift back  to the left as these components fall.

saul85 [17]3 years ago
3 0

Answer:

a. The student is incorrect because the aggregate demand curve does not shift because of the price level change.

Explanation:

The aggregate demand curve will shift to AD2 from AD1 if these components like consumption spending, government spending, investment spending and spending on exports excluding imports increase. The student is not correct to show that the price level P1 higher than the starting price level P3 there was a shift i aggregate demand curve to AD1 from AD2. Result of a change in price level does not affect change in aggregate demand. As component falls, the curve will shift back  to the left.

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the emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment o
wolverine [178]

The statement "The emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment only" is: True

Emergent strategies are those measures which are taken to ensure that a company grows and is successful even when there is no particular set aims or goals.

However, the statement that an emergent strategy can only exist in only an internal and external environment is true.

This is because these internal and external factors are why the strategies are in place to make sure that there is a realized goal in the company and that continuity is ensured.

Please note that an internal environment is one that has a direct impact on the company,while external environment does not directly impact the company

Therefore, the correct answer is true

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7 0
2 years ago
why was slavery more successful than other labor systems in meeting the labor needs of the colonial america market economy
kogti [31]

Answer:

Cheap & effective

Explanation:

this source of labor was easily abusable and by having people you don't need to pay and spend barely anything on feeding them it makes it easier to build the USA. I don't agree with the USA being founded on this but other countries were doing this so the USA did it also.

8 0
3 years ago
Northern Illinois Company expects to sell 36,000 units of finished goods over the next 6-month period. The company has 12,000 fi
sp2606 [1]

Answer:

38,000 units

Explanation:

Total production required = Forecasted unit sales + Planned finished goods inventory balance = 36,000 + 14,000 = 50,000 units

Products to be manufactured = Total production required - Beginning finished goods inventory = 50,000 - 12,000 = 38,000 units

The number of finished units to be produced = 38,000 units

So the correct answer will be 38,000

8 0
3 years ago
Products are winnowed out as they make their way down the path from conception to consumption, a process called ________.
Brilliant_brown [7]

Answer: cultural selection

Explanation:

Products are winnowed out as they make their way down the path from conception to consumption, a process called cultural selection.

Cultural selection theory is a theory about how certain things spread in the society, such as an art, a religious ritual etc. Due to innovation and other criteria, products will be winnowed out.

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3 years ago
Question 4 of 10
ExtremeBDS [4]
I think the answer is either a or c
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1 year ago
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