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hoa [83]
3 years ago
6

The graph shows Keynes's theory of aggregate demand. A line graph shows total economic output on the x axis and price on the y a

xis. A line labeled Demand starts high on the y axis but decreases as it moves along the x axis. A line labeled supply (short run) starts out low on the y axis but increases as it moves along the x axis. A line labeled supply (long run) stays vertical in the middle of the x axis. What is likely to happen if a new aggregate demand curve moves to the right? Prices and output would drop, and the equilibrium point will stay the same. Prices would rise, and output would drop in the short run. Prices and output would rise, and the equilibrium point will change. Prices would rise, and output would drop in the long run.
Business
1 answer:
yulyashka [42]3 years ago
6 0

Answer:

C: Prices and output would rise, and the equilibrium will change

Explanation:

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6 0
2 years ago
A commercial bank will loan you $20,000 for four years to buy a car. The loan must be repaid in 48 equal monthly payments. The a
Lisa [10]

Answer:

Monthly payment = $469.701

Explanation:

<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.  </em>

The monthly equal installment is calculated as follows:  

Monthly equal installment= Loan amount/Monthly annuity factor  

Loan amount = 20,000

Monthly annuity factor  =

=( 1-(1+r)^(-n))/r  

r- Monthly interest rate (r)  

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Monthly installment = $469.701

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8 0
3 years ago
Which economic goal is a major one of command economies?
pickupchik [31]

Answer:

the answer is equity.

Explanation:

the social equity in resource allocation and distribution is the main concern of an command economy. The entire "command" function is there for this purpose. Opposing to the market system, in which the efficiency of the market is of primary concern, the command system argues that while following to achieve the maximum market effeciency, these economies miss out on the fainress and unbiasedness in economic benefit destribution and therefore creates many social problems such as poverty, rich and poor gap, etc as a result.

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4 0
4 years ago
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