Ask question

Ask question

All categories

mrs_skeptik [129]

3 years ago

10

Suppose an economy is initially operating at long-run equilibrium when there is an increase in consumer optimism about the econo

my. Everything else held constant, the immediate impact of this shock will be a(n) ______ in the aggregate price level, a(n) ______ in real GDP.

1 answer:

sladkih [1.3K]3 years ago

6 0

Answer:

The correct option is Increase and Decrease respectively

Explanation:

You might be interested in

An agent is aggrieved by an action of the administrator summarily suspending that person's registration. the agent can:

IRINA_888 [86]

If the Administrator summarily suspends an agent's registration, the agent (who is not too happy about this!) can request a hearing in front of the Administrator.

A person chosen by the court to manage the estate of someone who passed away without a will is known as an administrator in law. An official appointed under an Administration Order in regard to a business that is having financial difficulties as an alternative to liquidation, as defined by British bankruptcy law.

An administrator is essential to the efficient operation of a firm and provides office support to either an individual or a team. They might be in charge of answering phones, welcoming and guiding guests, word processing, making spreadsheets and presentations, and filing.

Learn more about administrator here

brainly.com/question/26096799

#SPJ4

7 0

1 year ago

For each scenario, calculate the cross-price elasticity between the two goods and identify how the goods are related. Please use

Leto [7]

Answer:

a. Cross-price elasticity between A and B: 0. Relationship between A and B: No relationship.

b. Cross-price elasticity between C and D: 2.22. Relationship between C and D: Substitute.

c. Cross-price elasticity between E and F: -8.50. relationship between E and F: Complimentary.

Explanation:

a. Cross-price elasticity between A and B: relationship between A and B:

Percentage change in price of A = 20%

Percentage change in quantity of B = 0%

Cross-price elasticity between A and B = 0%/ 20% = 0.00

Relationship between A and B = No relationship

Note: There is no relationship between A and B because the cross-price elasticity between A and B is zero. That is, change in the price of A does not have any effect on the quantity demanded of B.

b. Cross-price elasticity between C and D: relationship between C and D:

Percentage change in price of C = {($4 - $3) / [($4 + $3) / 2]} * 100 = 28.5714285714286%

Percentage change in quantity of D = {(85 - 44) / [(85 + 44) / 2]} * 100 = 63.5658914728682%

Cross-price elasticity between C and D = 63.5658914728682% / 28.5714285714286% = 2.22

Relationship between C and D = Substitute

Note: The relationship between C and D is substitute because the cross-price elasticity between C and D is positive. That is, an increase in the price of C makes consumer to switch to and buy more of D which is a substitute.

c. cross-price elasticity between E and F: relationship between E and F:

Percentage change in price of E = - 2%

Percentage change in quantity of F = 17%

Cross-price elasticity between E and F = 17%/ (-2%) = - 8.50

Relationship between E and F = Complimentary.

Note: The relationship between E and F is complimentary because the cross-price elasticity between E and F is negative. That is, an increase in the price of E makes consumer to buy more less F which is a compliment or use together with E.

7 0

3 years ago

Pursuing multiple market segments at the same time is the best way to enter new markets. Group of answer choices True False

Archy [21]

It should be noted that pursuing multiple market segments at the same time is not the best way to enter new markets. Therefore, it's false.

<h3>What is a market?</h3>

A market simply means the coming together of a buyer and seller for transactions purpose.

In this case, pursuing multiple market segments at the same time is not the best way to enter new markets. One needs to have complete knowledge before entering a market.

Learn more about market on:

brainly.com/question/25754149

7 0

2 years ago

Consider the following scenario analysis:

seropon [69]

Based on the scenario analysis on stocks and bonds, we know the following:

Treasury bonds will provide a higher return in a recession than in a boom.
The expected return of Bonds is 9.8% and that of stocks is 11.6%.
The standard deviation of Bonds is 9.24% and that of stock is 11.76%.

<h3>What does the scenario analysis on Bonds and Stocks show?</h3>

In a recession, Bond returns will be 15%. This is much higher than Bond returns in a boom of only 5%.

The expected return on bonds will be:

= ∑(Probability of Scenario x Returns in scenario)

= (0.30 x 15%) + (0.60 x 8%) + (0.10 x 5%)

= 9.8%

The expected return on stocks will be:

= (0.30 x -6%) + (0.60 x 18%) + (0.10 x 26%)

= 11.6%

Using a spreadsheet, you can input the expected returns of the stocks and the bonds to find the standard deviation to be 9.24% and 11.76%, respectively.

Find out more on stock expected returns at brainly.com/question/18724022.

#SPJ1

3 0

2 years ago

When Eleanor went to Letty's department store, she noticed that the price that rang up when she was billing was much higher than

Sunny_sXe [5.5K]

Answer: stability

Explanation: In simple words ,The probability that the origin of the attribution would change over a duration of time is called attribution. For instance, if a person decides to get such a big promotion, they might equate it to a lack of skill.

This suggests uncertainty, as the person must improve their skills and obtain an education in order to ultimately influence the outcome. It is not a sustainable situation, but one that can be modified by behavioral change.

Thus, from the above we can conclude that the correct option is D.

5 0

3 years ago