User Account

All Pages

Determinants of aggregate supply

Assignment Help Macroeconomics
Reference no: EM131286064

It has been asserted that the main determinants of aggregate supply can be grouped into four: resource quantity (e.g., labor, capital, land, and entrepreneurship), resource quality or productivity, and resource price. We can change any of these four categories and influence aggregate supply. If the government was to devise new economic growth policies, and if there are limitations to affect all determinants of aggregate supply simultaneously, which group should be targeted first, second, third and fourth? Why? How do we develop the ranking of these determinants?

Reference no: EM131286064

Questions Cloud

Second-price sealed-bid auction : A seller uses a second-price sealed-bid auction to sell a painting to two bidders. The seller claims that the painting was drawn by a famous painter, say Monet. Both bidders are not sure about the seller's claim
Discuss metalbolic syndrome and define it : Discuss metalbolic syndrome, define it, discuss the causes and problems assoicated with it. Discuss possible preventions.
Contractionary monetary policy decreases : From you reading, it is clear that contractionary monetary policy decreases the money supply in an economy. When there is a decline in money supply, it will contribute to decreases in Gross Domestic Product.
Identify publicly available tools that provide data : Identify publicly available tools that provide data and assist in formulating the basic shapes of demand and supply curves. Communicate and elaborate on the relevance of these economic indicators in terms of pricing.
Determinants of aggregate supply : It has been asserted that the main determinants of aggregate supply can be grouped into four: resource quantity (e.g., labor, capital, land, and entrepreneurship), resource quality or productivity, and resource price.
What is the minimum level of dc input voltage required : If the output load current of the LM7805 (U3) is 100 mA, what is the approximate peak-to-peak input ripple voltage at its input?
Analyze key actions that terry little took to foster : Analyze key actions that Terry Little took to foster higher levels of performance, and recommend, in retrospect, a new course of action for a comprehensive organizational change as if you were in his position.
Draw any series regulator and tell me how it works : The required output voltage of the LM317 (U1) needs to be +10 V. Disregarding the IADJ current, what value of resistance does VR1 need to be to get +10 V out?
What are the three basic types of switching regulators : What are the three basic types of switching regulators? Which one steps the voltage up? Which one produces a negative output from a positive input? Which one steps the voltage down?

Reviews

Write a Review

 

Macroeconomics Questions & Answers

  Illustrate the difference among the law of diminishing

Illustrate the difference among the law of diminishing marginal returns and the law of diminishing marginal rate of technical substitution.

  Factors shifting expenditure function

Discuss how the aggregate expenditure function shifts in response to changes in each of time following variables:

  Which country has higher investment in human capital

Countries A and B have the same rates of investment, population growth, and depreciation. Country A has a higher rate of growth than does Country B. According to the Solow model, which country has higher investment in human capital?

  Describe marginal propensity to consume

Find an article from the media (internet, newspapers, magazines, etc.) on a current event that addresses an economic concept (e.g., consumption, saving, investment, real GDP, marginal propensity to consume, income multiplier, etc.). Write a one t..

  What is the efficient solution to the problem

Suppose that you rent a house next to a factory. The factory legally emits a chemical into the air that smells like feet. You now have to spend $300 more per month on air fresheners because the firm pollutes the air.

  Discuss the various ways governments can handle

discuss the various ways governments can handle externalities such as noise from a local airport or a barking dog or

  What are mean and standard error of sampling distribution

What are the mean and standard error of  sampling distribution?

  Banking system of upperland

Suppose that the banking system of Upperland has excess reserves of $50 million, the desired reserve ratio is 25 percent, and the currency drain ratio is 50 percent. By how much will the quantity of money increase?

  What is meant by tied aid

What is meant by tied aid? Most nations have increasingly shifted from grants to loans and from untied to tied loans and grants. What are the major disadvantages of tied aid, especially when the aid comes in the form of interest-bearing loans?

  Current economic climate and the potential

You have just taken a job at a bank in the loans department. Your bank is worried about the current economic climate and the potential to limit the real rate of interest they will earn on new loans.

  Explain how can this concept be applied to the activities

Explain how can this concept be applied to the activities of profit making companies and profit loosing companies or to the revenue and costs components of a firm's net profit.

  Imply about the structure of that market

Thinking more broadly, if as an economic consultant you observe a price rise in a market in the long run that is smaller than the per-unit tax levied, what can you imply about the structure of that market? Explain briefly.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd