Which of the following best describes the adjustment to​ long-run equilibrium if an​ economy's short-run equilibrium output is below potential​ output? A. Since unemployment is less than its natural​ rate, there will be excessive tightness in the labor market​ and, consequently, pressure on firms to raise their prices at a more rapid rate. This acceleration of inflation shifts the​ short-run aggregate supply curve up​, pushing the​ economy's output down toward its potential output. B. Since unemployment is less than its natural​ rate, there will be excess slack in the labor market​ and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the​ short-run aggregate supply curve up​, pushing the​ economy's output up toward potential output. C. Since unemployment is greater than its natural​ rate, there will be excess slack in the labor market​ and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the​ short-run aggregate supply curve down​, pushing the​ economy's output up toward potential output. D. Since unemployment is greater than its natural​ rate, there will be excess slack in the labor market​ and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the​ short-run aggregate supply curve down​, pushing the​ economy's potential output down toward its​ short-run output.

Answers

Answer 1

In a situation where the short-run equilibrium output is below potential​ output in an economy, the adjustment will be B. Since unemployment is less than its natural​ rate, there will be excess slack in the labor market​ and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the​ short-run aggregate supply curve up​, pushing the​ economy's output up toward potential output.

In the long run equilibrium, the aggregate supply and aggregate demand are equal.

In a situation where unemployment is less than its natural​ rate, this will lead to excess slack in the labor market​ and pressure will be on firms to raise their prices at a less rapid rate.

This deceleration of inflation will then brings about the short-run aggregate supply curve up​ and this ultimately, pushes the​ economy's output up toward potential output.

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Related Questions

Do you have any concerns or questions about becoming a leader?

Answers

Yessss there are many concerns I have

Select the correct answer.
Zhu Dong manages a financial consulting firm of a few employees. He realizes that one of his best employees is facing problems at work. Dong plans to talk to the employee individually, hear out any grievances, and counsel the employee. Which type of communication does Dong plan to engage in?

A.
interpersonal communication
B.
departmental communication
C.
interdepartmental communication
D.
company-wide communication

Answers

Answer:

interpersonal communication

What is the MOST LIKELY reason for increase in the pricce of a specific stock?

Answers

Answer:

The item becomes too popular and starts to run out.

If the demand for the product is increasing while the supply is not.

alalakjmi >>
ehsnn ajakj akjlskj sajlklk sa

Answers

Answer:

Hi there what is your question

hope you have an awesome day

Explanation:

Why do businesses compete in free enterprise system?

Answers

Answer:

Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an efficent manner.

However, competition in the free enterprise systmem leads to lower wages and income. It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.

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The new chairman of the Ionian Central Bank (ICB) is preparing for her first board meeting. She is expected to recommend a monetary policy for the board to pursue. She decides to use the Taylor rule, which was originally developed for the U.S. Federal Reserve. Ionia's potential GDP is 100 million drachma, but current GDP is 96 million . What is Ionia's output gap

Answers

By using the Taylor rule used the U.S. Federal Reserve, the Output gap for Ionian Central Bank will equal -4%.

Output gap helps to measure the difference between the actual output of an economy and its potential output.

The formula to use to derive Ionia's Output gap is {[Current GDP - Potential GDP} / 100}}

Ionia's Output gap = (96 - 100)/100

Ionia's Output gap = -4 / 100

Ionia's Output gap = -4%

Therefore, by using the Taylor rule used the U.S. Federal Reserve, the Output gap for Ionian Central Bank will equal -4%.

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is sole trader or partnership better?

Answers

Answer:

There are benefits associated with running a partnership, both when compared to a sole trader and a limited company: Shared responsibility. Having more business owners allows the financial and operational responsibility for running the business to be sharedExplanation: The benefit of a partnership over a sole proprietorship is that you'll share the responsibilities, resources, and losses. On the other hand, you also split your profits, and you might face disagreements over how to run the business. One way to mitigate conflict is to create a partnership agreement.

A(n) _____ is an arrangement where workers who don't join a union must make payments equal to union dues and fees to get union representation services.

Answers

Workers who don't join a union must make payments equal to union dues and fees to get union representation services in an agency shop

A(n) agency shop is an arrangement where workers who don't join a union must make payments equal to union dues and fees to get union representation services.

Agency is a business relationship in which a principal gives a legal right to an agent to act on his behalf. The agent acts on behalf of the principal when dealing with a third party.

Therefore, workers who don't join union in an agency shop must pay equal union dues and fees.

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think of some examples of products for which people are willing to pay premium prices. Name one such product and explain why you think consumers value it so highly.

Answers

iPhone. People pay a ton for iPhones. I think people pay so much because it’s a computer in ur pocket.

An example in today's time would be Apple iPhone as individuals are willing to spend premium costs for mobile phones. People do regard buying this because of quality, features and it has also become a position symbol in today's time.

Difference between luxury and premium?

The key distinction here exists that a luxury brand, to remain luxury, has to include limits on the volume of sales. By its nature, it can't be available to everyone. Premium, on the other hand, can still enjoy big sales sculptures at an over-average rate. Premium brands' target customers exist as those who can push themselves to bear higher than what they pay for an average product.

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Ethan, a manager, says, “Email is a very efficient way of communicating, especially across time zones and to large numbers of people. Are there situations in which I shouldn’t use email?” You advise Ethan that he should not send an email in which of the following situations? Check all that apply.

✔ - To the coordinator of a conference when Ethan needs to cancel his appearance as the keynote speaker
- To all employees to announce upcoming development workshops
✔ - To another manager who has just commandeered the computer equipment Ethan needs to meet a critical deadline
- To suppliers in China to report weekly defects within acceptable limits

Answers

Answer:

Explanation:

To another manager who has just commandeered the computer equipment Ethan needs to meet a critical deadline

To the coordinator of a conference when Ethan needs to cancel his appearance as the keynote speaker

Answer:

✔ To the coordinator of a conference when Ethan needs to cancel his appearance as the keynote speaker

✘ To all employees to announce upcoming development workshops

✔ To another manager who has just commandeered the computer equipment Ethan needs to meet a critical deadline

✘ To suppliers in China to report weekly defects within acceptable limits

Explanation:

Ethan should not email people when he is angry, so he should not shoot off an email to the other manager who just took the computers Ethan needs. It is also better to use a richer, more personal channel of communication when cancelling a commitment or apologizing for something. Thus, Ethan should call the conference coordinator rather than sending an email. Other times email is not optimal are when the sender is criticizing the receiver or when the receiver is likely to interpret the message as criticism.

A weekly report of defects that are within acceptable limits can be sent by email, as can a routine announcement of development opportunities available to all employees.

Since graduating college, you have worked in the promotion department at the headquarters of a national hospital chain. Because of your excellent record, you’ve now been given a high-profile, challenging new job: manager of promotion for Mercy Health, an old city hospital extensively renovated and upgraded to compete with suburban health care institutions. It won’t be easy, as your budget is tight. Moreover, you’ve learned that patient and revenue numbers at Mercy haven’t increased despite months of advertising its state-of-the-art acute care facilities as well as its innovative, award-winning Wellness Center.
Right off the bat, you must make a fundamental and tricky choice: What is the correct promotion objective? Your past experience has been with brand-new hospitals, which clearly need promotion to build awareness that they exist. But this institution isn’t new, so you could reasonably focus either on stimulating demand, or on encouraging trial.
Demand stimulation might be appropriate if prospective patients—or referring physicians—aren’t clear about how Mercy Health stacks up against competition. You must think about the feedback from previous advertising: Did it succeed in differentiating your product?
Encouraging trial would be the better choice if people know how Mercy compares to alternatives but must be nudged to act on that knowledge. Dr. Wills, your medical advisor, reminds you that this approach could be particularly effective with physicians who routinely refer patients to other hospitals and need some incentive to change their habits.
Which objective should you choose?
Encouraging trial
OR
Stimulating demand

Answers

The ideal objective, analyzing the scenario of the question, is to encourage trial, because in this way the consumer could use Mercy health's services and generate their own perception about the benefits of the hospital in relation to its competitors.

This strategy is more efficient when Mercy knows what the differentials are, as this way potential customers are also able to perceive the benefits of Mercy's installations and prove the institution's differentials from real experience.

Therefore, in this case, stimulating demand would not be an effective approach, as a previous publicity of the company that did not achieve the necessary achievements has already been carried out, that is, it was unable to differentiate its product and increase the number of patients and revenues of the company.

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1. If the Economist offers print and web access separately in the market, what are the optimal prices for home

Answers

subscription and web access

Suppose that one US dollar buys 1.50 Swiss francs. A chocolate bar costs 0.75 francs in Switzerland. How much will the chocolate bar cost in US dollars?


Compared to country Y country X has a comparative advantage I’m producing computers. Country Y has a comparative advantage over country x in producing automobiles. How can the two countries best take advantage of this situation?

Answers

Answer: 1) 50 cents 2) they can trade with each other

Explanation of question 1

Ratio of dollars to francs

1: 1.5

The chocolate costs 0.75 francs. Divide 1.5 by 0.75 to find the multiplier in the ratio which is 2. Divide $1 by 2 to get 50 cents

When reporting inventory using the lower of cost or market method, market should not be more than: Multiple Choice Replacement cost. Net realizable value. Selling price. Net realizable value less a normal profit margin.

Answers

Considering the accounting principle, when reporting inventory using the lower cost or market method, the market should not be more than "Net realizable value less a normal profit margin."

This is because the lower cost or market method is a method that emphasizes that during the inventory measurement, inventory should be documented on the balance sheet using their historical price or the market value, that is, the value of the inventory when purchased.

This implies that the replacement cost of inventory cannot be lower than net realizable value, less a normal profit margin.

Hence, in this case, it is concluded that the correct answer is option D. "Net realizable value less a normal profit margin."

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How do I build a successful Uber company?

Answers

Answer:

Don't know

Explanation:

the answer sorry friend

Which statement is false? The balanced scorecard aligns an organization's operational activities with its mission. The balanced scorecard focuses on these four primary areas: financial, customer, internal process, and learning and growth. The balanced scorecard measures, tracks, and reports on a balance of qualitative and financial data and metrics. The balanced scorecard ensures the organization's profitability aligns with director compensation and dividend expectations.

Answers

The balanced scorecard ia often known as a management system. The statement that is false is that The balanced scorecard ensures the organization's profitability aligns with director compensation and dividend expectations.

A balanced scorecard is set up so as to transform an organization's strategic goals into a number of performance objectives.

It is a strategic management performance measurements that helps firms to know and improve their internal operations so as to help their external outcomes.

Conclusively, It also helps in drafting organizational strategy.

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HELP PLEASE

_____ careers focus on reducing the negative impact industries and society have on the environment.

A Ergonomic
B Green
C Reduction
D Government

Answers

Answer:

B

Explanation:

It's green careers

It seems its this

Answer:

Answer B

Explanation:

GREEN careers focus on reducing the negative impact industries and society have on the environment.

Suppose you use your entrepreneurial spirit and economics training to start your own business. In your first year of work, you are able to earn $58,000 in gross income. What is the total amount of social insurance taxes you owe the federal government

Answers

The  total amount of social insurance taxes you owe the federal government is $3,596.

The social insurance taxes will be tax rate (6.2%) of gross income amount of  $58,000 which is calculated using this formula

Social insurance taxes=Social security tax rate× Gross income

Where:

Social security  tax rate=6.2%

Gross income=$58,000

Let plug in the formula

Social insurance tax=6.2%×$58,000

Social insurance tax=$3,596

Inconclusion the  total amount of social insurance taxes you owe the federal government is $3,596.

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Efficiency wages are a way to reward raw talent and abilities. a way to compensate workers for experience and training. a way to compensate workers in unattractive or unpleasant jobs. an incentive scheme designed to motivate and retain workers.

Answers

Answer:

An incentive scheme designed to motivate and retain workers.

Explanation:

Answer:

An incentive scheme designed to motivate and retain workers.

Explanation:

George wants to buy a Government Bond that will mature in 4 years. which type of bond will best meet his needs ?

A. T-bills
B. treasury notes
C. treasury bonds
D. treasury information protection securities ​

Answers

Answer: b

Explanation:

George wants to buy a Government Bond that will mature in 4 years. The bond which  will best meet his needs would be  treasury notes. Thus option (B) is correct.

What are treasury notes?

A treasury note is a U.S. government debt security. A treasury note has a fixed interest rate and maturity between two and 10 years.

A person can buy a treasury notes trough a  competitive bids, in which an investor specifies the yield, or non-competitive bids, in which the investor accepts whatever yield is determined.

A Treasury note is just like a treasury bond, except that it owns a differing maturities. The treasury bond has lifespan between  20 to 30 years.

So we can say that the George wants to buy a Government Bond that will mature in 4 years. The bond which  will best meet his needs would be  treasury notes. Therefore, option (B) is correct.

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Which of the following are true of an advertising plan? (Check all that apply.) Multiple select question. It analyzes the marketing and advertising situation. It identifies the objectives of the advertising campaign. It indicates how a firm can determine whether the campaign was successful. It typically follows the same strategies for all campaigns.

Answers

Statements that can be considered as true statements as regard advertising plan are;

It analyzes the marketing and advertising situation.

It identifies the objectives of the advertising campaign.

It indicates how a firm can determine whether the campaign was successful.

Advertising plan can be regarded as the strategy use in promotion of goods and services so as to increase sales of a firm.

This plan helps to know objectives of the advertising campaign and determine how successful it is.

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The answer options about an advertising plan which are true include:

A. It analyzes the marketing and advertising situation.

B. It identifies the objectives of the advertising campaign.

C. It indicates how a firm can determine whether the campaign was successful.

What is an advertisement?

Advertisement can be defined as the promotional multimedia messages that are designed and developed with the intention of making the goods (products) or services of a business firm known and familiar to all of its customers and potential customers.

The types of advertisement:

Generally, there are three (3) main types of advertisement and these include:

1. Informative advertisement

2. Reminder advertisement

3. Persuasive advertisement

What is an advertising plan?

An advertising plan refers to a written document that contains information on the marketing strategies and plans about how a business firm intend to effectively communicate with its target audience, customers and potential customers, so as to increase its competitive advantage and sales revenue.

Advantages of an advertising plan:

Some of the advantages (benefits) of an advertising plan to an entrepreneur or business firm include the following:

It helps to analyze both the marketing and advertising situation in a demography.

It helps to indicate the best technique to use in determining whether or not an advertising campaign was relatively successful.

It can be used to highlight and identify the objectives of an advertising campaign.

In conclusion, an advertising plan is dynamic in nature and as such do not follow the same strategies for all advertising campaigns.

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How Does The State Of Competition Among hotels

Answers

The state of competition may be affected by the structure of the market, regulations, ownership, the nature of products, and the behaviours of certain economic agents. Central concepts to describe the state of competition include: Market power, or the ability of firms to charge prices above competitive levels.

of products found in each category.



Select the most appropriate category for each good or service listed.



1. Appliances

multiple choice 1
convenience
shopping
specialty
unsought

2. Automobile battery jumpstart services

multiple choice 2
convenience
shopping
specialty
unsought

3. Cemetery plots

multiple choice 3
convenience
shopping
specialty
unsought

4. Clothes

multiple choice 4
convenience
shopping
specialty
unsought

5. Expensive wine

multiple choice 5
convenience
shopping
specialty
unsought

6. Gas

multiple choice 6
convenience
shopping
specialty
unsought

7. Jewelry

multiple choice 7
convenience
shopping
specialty
unsought

8. Milk

multiple choice 8
convenience
shopping
specialty
unsought

Answers

The question examines categories of items. The following items are placed in the right categories as shown below.

1. Appliances: shopping

2. Automobile battery jumpstart services: specialty

3. Cemetery plots: specialty

4. Clothes: shopping

5. Expensive wine: specialty

6. Gas: shopping

7. Jewelry: specialty

8. Milk: shopping.

What are Speciality goods?

Specialty goods are goods that have very unique traits which the buyers are willing to go the extra mile to plan for and purchase.

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define motivation.explain it's importance. ​

Answers

Answer:

motivation refers to those wishes,desire, drive that stimulates or activation the man to do things..

Explanation:

The important words here are 'needs', 'values' and 'goals' and these are the building blocks of motivation that lead to actions: Needs are basic requirements for survival and may be physical or psychological; for example, hunger, thirst, love or friendship.

I hope you are motivated to this answer......

Which of the following is not considered a special journal?
a. cash receipts journal
Ob. general journal
c. purchases journal
d. cash payments journal

Answers

Answer:b

Explanation:

There is no such thing as a specialty magazine for a general journal. Therefore, the correct option is B.

Special journals, commonly called subsidiary journals, are used to record special types of transactions systematically and effectively. Cash receipt diary, purchases journal, and cash payment notebook are some examples of specialty journals.

These journals are created to deal with large volumes of transactions of a specific type, including cash payments, purchases or receipts. In contrast, the purpose of the general journal is to record transactions that do not fall under the precise categories covered by the special journal. It serves a more general purpose. It is often used for irregular or unusual transactions.

Therefore, the correct option is B.

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The basic logic behind the Rational Rule for Sellers is that a company owner should increase output as long as the extra output A. moves the company toward maximum total revenue. B. leads to a larger gap between price and average total costs. C. leads the company toward minimum average total costs. D. adds more to revenue than it adds to costs.

Answers

According to the logic behind the Rational Rule for Sellers, a company owner should increase output when the extra output D. adds more to revenue than it adds to costs.

According to the Rational Rule for Sellers, a seller should only choose the output level where the marginal cost is equal to the marginal revenue.

It should be noted that the owner of a company should increase output when the extra output adds more to revenue than it adds to costs. This is vital in order to increase the revenue and profit of the firm.

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Mickey and Minnie each have a budget of $80 per moth to spend on downloaded music tracks and live concerts. At the initial price, Mickey consumes both goods but Minnie buys only downloaded music an does not go to live concerts. Now the price of live concerts falls. Use figures to show that Mickey’s utility must increase and that Minnie’s utility may increase or stay the same, but cannot fall.

Answers

Answer:

sanaol may pera

Explanation:

#fyp tikrok

The question is about the spent of budget and their utility.

Minnie and Mickey have a budget of $80 each per month to spend on music and concerts.

Mickey consumes both to spend his budget but Minnie only consumes her budget for downloaded music.

Now that the price for concert have decreased Mickey will be able to spend more on either options as he will be paying less for concert tickets. Therefore Mickey's utility will increase.

While Minnie only consuming downloaded music will have no impact upon falling prices for the concert. Therefore her utility will remain same.

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A stock is currently selling for $80 per share. You could purchase a call with a strike price of $76 for $9. You could purchase a put with a strike price of $76 for $3. Calculate the intrinsic value of the call option.

Answers

Answer:

76

Explanation:

ther cell is god

Which statement best describes the Federal Deposit Insurance Corporation's (FDIC) requirements for auditor independence

Answers

Every organization has its own rules. The statement that best describes the Federal Deposit Insurance Corporation's is that The FDIC has issued policy statements that address auditor independence in various contexts.

Independence in auditing needs integrity and an objective way in all audit process. It also requires the auditor to perform his or her task freely and in a focused way.

The Independence of the internal auditor is simply known as the freedom  from parties or people whose interests can be harmed by the outcomes of an audit.

See full question below

Which statement best describes an element of the Federal Deposit Insurance Corporation's (FDIC) requirements for auditor independence?

FDIC independence requirements incorporate requirements for attorneys and actuaries.

FDIC independence requirements mirror the AICPA and DOL independence rules.

The FDIC has issued policy statements that address auditor independence in various contexts.

The FDIC has adopted regulations that incorporate IESBA independence rules.

Previous question

Information accessibility focuses on ________.

a. defining what information a person or organization has the right to obtain about others.
b. information that has been encrypted by the owner to make it unaccessible to others
c. who owns information about individuals and how information can be sold and exchanged
d. what information an individual should have to reveal to others in the workplace
e. identifying who is responsible for informational errors that harm people

Answers

Answer:

A) Defining what information a person or organization has the right to obtain about others.

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Imagine you are researching the invention of drones and their controversial uses. Compare these two images and then answer the question that follows. Grace Davies / Omni-Photo Communications, Inc. / Universal Images Group / Image Quest 2013Which source is more credible for your research and why?(10 points)Group of answer choicesA is more credible because it presents the truth about how drones are being used. It has also won an award for great content.A is more credible because it is more up to date than B, with specifics about drone use. B gives confusing and boring information.B is more credible because it is from a government site, so it is meant to inform. It has a quote that shows drones are in debate.B is more credible because it shows both sides of the drone debate, whereas A is biased. A is only trying to entertain and get attention. Given three consecutive integers, if the sum of the first and third integers is increased by 8, the result is 5 less than triple the second integer. Find the three consecutive integers. * Which of the following is most likely to occur at a convergent boundary?A. Mountain formationB. Sea floor spreadingC. FaultsD. Mid-Atlantic rift An indoor track is made up of a rectangular region with two semi-circles at the ends. The distance around the track is 400 meters. What dimensions for the rectangular region maximize the area of the rectangular region? l. amount of liquidll. initial mass of the bonelll. temperature of liquidA.l and lllB.II and IIIC.ll onlyD.l only Please help! take a pic and put a dot with the drawing tools on ur snipping tool/snip and sketch. Please i cant fail these questions! How to multiply decimal numbers. what is the most significant challenge that society faces today? " ___ _ ___ con mis amigas hoy."Voy a bailarIr a bailo GIVING OUT BRAINLIEST Help me fast!!! I am making paper pine cones and I dont know how I should decorate it in the library? Please give me ideas why Indians out raged by the Rowlatt Act 1. What is the situation in the country of Rwanda as the movie begins?In hotel rwanda Our enthusiasm for the new plan has .A. failed B. disappeared C. gone out D. died out 5. The price forseedless oranges is $1.55 for the firstpound and $0.75 for each additional pound. Paul Paid $5.35 to buy sour oranges.How many pounds of seedless oranges did he buy? Information accessibility focuses on ________. a. defining what information a person or organization has the right to obtain about others. b. information that has been encrypted by the owner to make it unaccessible to others c. who owns information about individuals and how information can be sold and exchanged d. what information an individual should have to reveal to others in the workplace e. identifying who is responsible for informational errors that harm people passez une bonne journe points faciles 2+2=? If the princess in Stockton's"The Lady, or the Tiger?"were motivated by love, whateffect would it have on thefate of her lover?there lived a semi-, though somewhatne progressiveness ofstill large, florid, ande half of him whichof exuberant fancy,50 irresistibid that, atfancies into facts. Hemmuning, and, whenanything, the thingnber of his domesticed smoothly in itsure was bland andwas a little hitch, andtheir orbits, he wasfor nothing pleasedA. The princess' love would cause her todirect her lover to the door concealing thewoman.B. The princess' love would cause her todirect her lover to the door concealing thetiger.C. The princess' love would cause her tolet her lover pick the door himself.Clan PASSCODE DECODER RING SHRI o If it takes 6 hours to bake 3 cakes, then at that rate, how many cakes could be baked in 12 hours? If Ava makes $15 in 2 hours, what is her rate of pay? 3nt took 5 hours to mow 6 yards. At that rate, how many yards can be mowed in 20 hours? co malaya $ o 94 If 10 bags of ice cost $12, how much does 1 bag cost? 5 A car gets 30 miles per gallon of gas. At that rate, how many gallons would it take for the car to go 360 If you type 75 words in 3 minutes, at what rate do you type? RECORD PASSCODE Directions Complete the questions, match each answer on the decoder eing, med record the letter from that spot When complete, go back to The Nission page te access the posscode reader to check your answer and solve another part of the mystery order the values from least to greatest