Answer:
Assume the US economy is in equilibrium. For each of the short-run situations (A-J) below, answer the following questions (i-iii): i. Explain what shifts in the equilibrium diagram, and why. ii. What is the outcome of that shift (what happens to real GDP and PL)? iii. Is the result an inflationary gap, recessionary gap, stagflation, or increase in SRAS? A. Consumers become confident in the future of the economy. B. The government increases regulations on businesses, C. The government increases spending. D. New policies lead to more Americans having health care. E. Home values, nationwide, significantly increase. F. The value of the USD increases against foreign currencies. G. Oil prices suddenly increase. H. The government decreases personal income taxes. 1. The Chinese become wealthier. J. Interest rates in the US increase.
They helped introduce interchangeable parts to america
The description of Racial and ethnic climate in my community is given below.
<h3>
Racial and
ethnic climate in my community?</h3>
My community is one that is very open to everyone. I will say my community have more of ethnic climate than racial climate.
Note that the common situation of ethnic climate often comes up when the government want to develop an area and people of different ethnic groups wants the development in there part of the community.
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What are some mistakes you made on your financial journey.