The effects of the given factors on current U.S. aggregate demand would be:
- a. Lower current aggregate demand (AD).
- b. Higher current AD.
- c. Higher current AD.
- d. Higher current AD.
- e. Lower current AD.
<h3>What affects Aggregate Demand?</h3>
When there is an increased fear of recession, aggregate demand drops as people want to save money for the recession. A higher price level will make things more expensive so AD drops as well.
When there is a fear of inflation, people increase spending so they can buy goods before prices increase.
Real income growth in other countries will lead to higher exports which will increase national wealth and therefore allow consumers to purchase more goods.
An reduction in real interest rates makes loans cheaper to be acquired and spent on consumption.
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Answer:
excess plan pay $5000
Explanation:
given data
each covering losses = $10,000
insured suffered a loss = $15,000
solution
we get here excess plan pay that is express as
excess plan pay = insured suffered a loss - each covering losses ....................1
put here value and we get excess plan pay that is
excess plan pay = $15,000 - $10,000
excess plan pay = $5,000
Ok so trade offers is like here an example: if you want that car really bad but the other person says if you this car you have to give him something that he likes or the same value as the car.
Answer:
management of the money supply
Explanation:
The Federal Open Market Committee (FOMC) is made up of seven members of the Board of Governors, the president of the federal reserve bank of New York and four rotating regional federal reserve bank presidents. It is in charge of conducting the Fed's monetary policy, i.e. buying and selling US securities to increase or decrease the money supply.
Answer:
Option (D) is correct.
Explanation:
It was given that video game is a normal good. We know that there is a positive relationship between the demand for a normal good and income of the consumer, hence, if there is an increase in the income level of the consumer then as a result the demand for a normal good increases which shifts the demand curve for normal good rightwards.
Therefore, this will lead to increase both equilibrium price and equilibrium quantity in the market for video games.