What gap inflationary or recessionary the economy facing

Reference no: EM13244609

An economy is in long-run macroeconomic equilibrium when each of the following aggregate demand shocks occurs. What kind of gap-inflationary or recessionary-will the economy face after the shock, and what type of fiscal policies would help move the economy back to potential output?

Reference no: EM13244609

Questions Cloud

Calculate the marginal utility at each point : A. From the information given in above table, calculatethe marginal utility at each point. B. Draw total utility curve andmarginal utility curve for consuming apples and interpret what is the relationship between total utility and marginal utility..

What is the radius of the turn : Car has the mass M = 1100kg at 60.0 km/hour. What is the radius of the turn if theta = 20.0 degrees

Demonstrate understanding of statistical inference : Determine whether there are differences in the means of the number of cereal leaf beetles, in terms of colour preference, based on the numbers trapped on the different coloured boards.

Describe the pressure in the container : A mixture of CO2 and Kr weighs 35.0g and exerts a pressure of 0.708 atm in its container. Since Kr is expensive, you wish to recover it from the mixture. After the CO2 is completely removed by absorption with NaOH(s), the pressure in the container..

What gap inflationary or recessionary the economy facing : An economy is in long-run macroeconomic equilibrium when each of the following aggregate demand shocks occurs. What kind of gap-inflationary or recessionary-will the economy face after the shock,

Display throughout her spacious corporate campus : Assume you have been employed by a wealthy computer software developer, Jill Gatesby, to help her choose major artworks by American artists for display throughout her spacious corporate campus

Explain what will be the concentration of c4h6 : Butadiene, C4H6 (used to make synthetic rubber and latex paints) changes into C8H12 with a rate law of rate = 0.014 L/(mol·s) [C4H6]2. What will be the concentration of C4H6 after 2.0 hours if the initial concentration is 0.025 M

Explain what will happen it the temperature is increased : For each of the following combinations of (delta H) ?H° and (delta S ) ?S° for the reaction at 25 ° C, describe whether or not the reaction will be spontaneous at 25 ° C and what will happen it the temperature is increased. Explain your descriptio..

Determine whether real spending levels have increased : A senator gives a speech where he attacks payments to seniorcitizens. He claims that payments increased by 50% per person from1980 to 1990. Another senator gives a speech about health-carespending.

User Account

All Pages