An expansionary period of rising real gdp and prices

Reference no: EM13200715

If the government announced the economy is headed into an expansionary period of rising real GDP and prices, businesses would most likely respond by:

a. lowering wages so that they could afford to hire more workers
b. dismantling some of existing production facilities
c. outsourcing fewer jobs to foreign countries
d. increasing their spending on new capital

Reference no: EM13200715

Questions Cloud

State time in seconds after the balloon leaves the ground : where ?t? is the time in seconds after the balloon leaves the ground. How long will it take for the balloon to reach an altitude of 200 feet?

Which point flat of the curve medicine is experienced : Which point flat of the curve medicine is experienced in the following example (imagine that antibiotics have been prescribed for a given population of 1000 elderly persons. Number of prescriptions 0,100,200,300,400,500.

Determine the number of permutations of the letters : a) Find the number of permutations of the letters in the word DIPLOMA. b) How many ways are there of arranging the letters of DIPLOMA so that the letters O and I are together?

Hospitals and long-term care facilities : Describe the differences between nonprofit and for-profit hospitals. Describe at least three major trends that have occurred within the hospital sector.

An expansionary period of rising real gdp and prices : If the government announced the economy is headed into an expansionary period of rising real GDP and prices, businesses would most likely respond.

Why gabriella often faces a trade-off time at the beach : Gabriella often faces a trade-off between time at the beach and time working as a model. She earns $40 per hour as a model and values going to the beach at the same price. When explaining this to her parents she says.

Horizontal and vertical analysis of the balance sheets : Horizontal and vertical analysis of the Balance Sheets for the past three years and Horizontal and vertical analysis of the Income Statements for the past three years.

Decision making is uique and different from consumer buying : Discuss how organizational buying and decision making is uique and different from consumer buying. Use examples to illustrate your answers.

The economy begins in the long-run equilibrium : The economy begins in the long-run equilibrium. Then one day, the president appoints a new chairman of the Federal Reserve. This new chairman is well known for his view that inflation is not a major problem for an economy.

User Account

All Pages