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zysi [14]
3 years ago
14

the graph above reflects a significant increase in world oil prices. what will the impact on aggregate supply most likely lead t

o?
Business
1 answer:
azamat3 years ago
4 0

Since the graph reflects a significant increase in world oil prices, the impact on aggregate supply will result in an <u>increase in </u><u>input prices.</u>

<u />

It should be noted that an increase in the prices of oil will affect the <em>aggregate supply.</em> The aggregate supply simply means the total supply of goods and services that are produced in an economy at a particular period.

The impact on aggregate supply most likely leads to an increase in the prices of inputs. Since there's a rise in prices of world oil, it'll lead to inflation and hence result in an increase in input prices.

Read related link on:

brainly.com/question/25495341

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belka [17]

Explanation:

Great advertising.

5 0
2 years ago
Read 2 more answers
Schedule 1 (Form 1040), lines 8z and 24z will be used to report other ____________ that do not have their own designated line.
Korolek [52]

The lines 8z & 24z in Schedule 1 (Form 1040) are used to report <u>other Income and adjustments</u> that do not have their own designated line.

<h3>What is Form 1040?</h3>

The Form 1040 is a tax document used by taxpayers to file an annual income tax return.

In the schedule form 1040, the line 8  report other incomes like:

  • net operating loss
  • gambling income
  • cancellation of debt
  • jury duty
  • pay prize

In the schedule form 1040, the line 24 report other adjustments like:

  • housing deduction
  • attorney fees etc

In conclusion, the lines 8z & 24z in Schedule 1 (Form 1040) are used to report <u>other Income and adjustments</u> that do not have their own designated line.

Read more about Form 1040

<em>brainly.com/question/4120733</em>

7 0
2 years ago
In the budget constraint framework, when the price of a good rises and demand for the other good decreases, what can you say abo
nignag [31]

Answer:

The increase in demand of the product with the higher price or decrease in demand for the other goods is because the substitution effect is outweighed by the income effect of price increase.

Explanation:

The above explanation in economics refers to Giffen Good. The idea behind this concept Giffen is that if you do not have money and there is an increase in the price of a fundamental product such as bread, it is still impossible to afford other alternatives, hence you will go ahead to buy bread or avoid buying any of the product. Hence, the demand for other product will also decrease in this case. This means that the demand for product with higher price or decrease in other substitute product is due to the fact that the income effect outweighs the substitution effect. Hence people do not have the money to even afford the alternative product.

8 0
3 years ago
Brian is thinking of taking a job as a waiter. What is an associated monetary cost that he should consider?
RUDIKE [14]
C.uniforms is the answer
3 0
3 years ago
Using a large value for order k in the moving averages method is effective in
Masteriza [31]

Answer:

The correct answer is A that is smoothing out the random fluctuations.

Explanation:

The higher values of K states the greater number of the values which need to be consider for forecasting.

When consider or taking the larger or the higher value of the irregular fluctuation which could be decreased or reduced.

And as a consequence, the large value of K will be used for smoothing of the random fluctuations.

Therefore, the right answer is smoothing of the random fluctuations.

4 0
3 years ago
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