Answer:
a. If policymakers wish to prevent the equilibrium price level from changing in response to the oil price increase, they should decrease the quantity of money in circulation because that will put a check on demand of oil in the market which will prevent the equilibrium price rise.
b. If policy makers wish to prevent equilibrium real GDP from changing in response to the oil price increase then the key is to control inflation.In order to do that, money circulation should be decreased so that the demand of oil could lower down and inflation remains in check.
c.Yes, it is possible to stabilize both the price level and real GDP simultaneously in short run because firms possess fixed factors like prices and capital and other factors of production.If policymakers need to stabilize prices and real GDP then inflation should be controlled by decreasing money circulation quantity so that other fixed factors of production firms like capital or wages could be used in order to keep the prices stable for short term.
D all of the above - hope this helps
<span>This is false. When a natural disaster strikes an area, this creates an exemption to the WARN Act. The company is not liable for not giving 60 days' notice to the employees before terminating their employment with the company.</span>
Answer:
Intention to buy
Explanation:
Tri-component model is based on Consumer behavior and knowledge.
The Tri-component model represents the behavior of an individual based on Their knowledge intention to buy or attached feeling about particular things.
Under Tri-component model research is made to know about the intention of a particular individual to purchase things or not.