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Arte-miy333 [17]
3 years ago
11

For each of the following events, explain the short-run and long-run effects on output and the price level, assuming open econom

y and that policymakers take no action.
a. The stock market declines sharply, reducing consumers’ wealth.
b. The federal government increases spending on national defense.
c. A technological improvement raises productivity.
d. A recession overseas causes foreigners to buy fewer U.S. goods.
Business
2 answers:
Elenna [48]3 years ago
4 0

Answer:

b. The federal government increases spending on national defense.

Explanation:

Hope this helps

Westkost [7]3 years ago
3 0

Answer:

High prices of products as well as increases poverty.  

Explanation:

The stock market declines sharply, reducing consumers’ wealth that leads to high prices of products as well as increases poverty.  The federal government increases spending on national defense that decreases the foreign reserves and money for other fields of the country. A technological improvement raises productivity which increases the economy of the country as well as standard of living. A recession overseas causes foreigners to buy fewer U.S. goods that leads to lower income of the country and purchasing power of the country. Due to this, there is less money for other fields and institutions.

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Answer:

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Susan is initially offered a new SUV for $24,000 and agrees to buy it. But when the sales manager comes back after getting some
Olin [163]

The increase of the new SUV from $24,000 to $26,000 after the agreement illustrates a low-balling technique.

<h3>What is a low-balling technique?</h3>

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6 0
2 years ago
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Answer: the correct answer is $7,000

Explanation:

Revenues          $60,000

Expenses         ($33, 000)

Paid Dividens   ($20,000)

Equity                   $7,000   ($60,000-$33,000-$20,000)

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I think the most appropriate answer would be "Value".


I hope it helped you!
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C) is the answer in my opinion

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3 years ago
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