Business
Business, 27.05.2020 16:57, mommatann

Critical analysis Q8 When actual output exceeds an economy’s full-employment output, how will the self-correcting mechanism direct the economy to long-run equilibrium? Prices will increase causing production costs, which will reduce aggregate supply. In the long run, a new equilibrium will emerge at a higher price level and an output consistent with the economy’s sustainable capacity. Weak demand will pull real wages and other costs downward, increasing profit margins and leading to an expansion of aggregate supply. In the long run, a new equilibrium will emerge at a higher price level and an output consistent with the economy’s sustainable capacity.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 02:30, altstattlana
Ds unlimited has the following transactions during august. august 6 purchases 58 handheld game devices on account from gamegirl, inc., for $140 each, terms 2/10, n/60. august 7 pays $340 to sure shipping for freight charges associated with the august 6 purchase. august 10 returns to gamegirl three game devices that were defective. august 14 pays the full amount due to gamegirl. august 23 sells 38 game devices purchased on august 6 for $160 each to customers on account. the total cost of the 38 game devices sold is $5,448.51. required: record the transactions of ds unlimited, assuming the company uses a perpetual inventory system. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your answers to 2 decimal places.)
Answers: 2
image
Business, 22.06.2019 20:20, 24jgrove
John has served as the chief operating officer (coo) for business graphics, inc., a publicly owned firm, the past 5 years. which of the following statements about john is correct? both john and the ceo of business graphics must certify to the sec that the firm's financial statements are accurate. as the coo, john will be ranked higher than the ceo but still below the cfo. in john's postition as the coo, it is highly unlikely that he would also be the chairperson of the board of directors. as the coo, john would typically be involved with accounting, finance, and asset purchase decisions.
Answers: 2
image
Business, 22.06.2019 20:20, chem1014
Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation
Answers: 3
image
Business, 23.06.2019 04:50, sierrawalk6104
Suppose an investor starts with a portfolio consisting of one randomly selected stock. as more and more randomly selected stocks are added to the portfolio, what happens to the portfolio's risk
Answers: 1
Do you know the correct answer?
Critical analysis Q8 When actual output exceeds an economy’s full-employment output, how will the se...

Questions in other subjects: