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Pavel [41]
3 years ago
9

Suppose the economy is in long-run equilibrium. Concerns about pollution cause the government to significantly restrict the prod

uction of electricity. At the same time, the value of the dollar falls. What would we expect to happen in the short run?
a. The price level will rise, and real GDP might rise, fall, or stay the same.
b. The price level will fall, and real GDP might rise, fall, or stay the same.
c. Real GDP will rise, and the price level might rise, fall, or stay the same.
d. Real GDP will fall, and the price level might rise, fall, or stay the same.
Business
1 answer:
MrMuchimi3 years ago
6 0

Answer:

the price level will rise, and real GDP might rise, fall, or stay the same.

Explanation:

Short run

In microeconomics, it is simply defined as the timeframe when all resource prices (including wages) are constant not changing.

Long run

This is also known as the period of time when all resource prices (including wages) change/is altered or do not remain the same.

Long-run equilibrium can change with constant long run aggregate supply (LRAS) and potential output thereby leading to changes only in the price level and this can cause inflation. Due to the changing LRAS, causing an increase in potential output leading to economic growth or decreasing potential output leading to negative growth.

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Tool Manufacturing has an expected EBIT of $ 39,000 in perpetuity and a tax rate of 33 percent. The firm has $ 80,000 in outstan
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Answer:

$208,530

Explanation:

The computation of value of levered firm is shown below:-

For computing the value of levered firm first we need to compute the Value of Unleavened firm

Value of unlevered firm = Earning before interest and tax × (1 - tax rate) ÷ Cost unlevered of Capital

= $39,000 × (1 - 33%) ÷ 15%

= $39,000 × 0.67 ÷ 15%

= $39,000 × 4.67

= $182,130

Now, the Value of levered firm = Value of unlevered firm + Outstanding debt × Tax rate

= $182,130  + $80,000 × 33%

= $182,130  + $26,400

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3 0
3 years ago
What important role does management play in organizations?
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Answer:

The role of the Management is to move an organization towards its purposes or goals by assigning activities that organization members perform. If Management ensures that all the activities are designed effectively, the production of each individual worker will contribute to the attainment of the organizational goals.

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3 years ago
Currently, it is not clear which, if any, laws apply to the security of e-money payment information.
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I'm pretty that would be: A.) True.
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3 years ago
If you draw a card with a value of three or less from a standard deck of cards, I will pay you $146. If not, you pay me $24. (Ac
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Answer: Expected value = $2.034

Explanation:

Total outcome = 52

Favorable Outcome = 8

Probability of drawing a card with a value of three or less = \frac{Favorable\ outcome}{Total\ outcome}

= \frac{8}{52}

=  \frac{2}{13}

Probability of drawing a card with a value of more than three = 1 -  \frac{2}{13}

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