Description
Unformatted Attachment Preview
Possible answers: The (expansionary gap, recessionary gap) of 44 trillion drives unemployment (below,
above)
Possible answers: they will negotiate a (lower, higher) wage in anticipation of an increase.
Given that workers and firms have negotiated a wage based (480,300,420,360), monetary authorities
(will, will not), …the Fed (will, will not) pursue an expansionary policy.
Anticipated Expansionary Policy
Unanticipated Expansionary Policy
Short run:
Change in output: (increase, decrease, no change)
(no change, decrease, increase)
Long run:
Change in price level: (higher than initial expections,
(higher than initial expections, lower than initial
Lower than initial expectation, Same as initial expections)
expections, same as initial expectations)
Change in output: (no change, decrease, increase)
(Increase, no change, decrease)
Possible answers: ….unemployment for this economy is (8%,6%,12%,18%)
Purchase answer to see full attachment
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Explanation & Answer
Review
Review
Anonymous
Very useful material for studying!
Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Most Popular Content
Provide a summary report of the descriptive statistics.
Provide a summary report of the descriptive statistics. The article below can serve as a guide. Carney, M., Estrin, S., Li ...
Provide a summary report of the descriptive statistics.
Provide a summary report of the descriptive statistics. The article below can serve as a guide. Carney, M., Estrin, S., Liang, Z., & Shapiro, D. (2018). National institutional systems, foreign ownership and firm performance: The case of understudied countries. Journal of World Business.Write about 1 page in APA formathttps://s3.us-east-1.amazonaws.com/blackboard.lear...
ECON 2211 Dalhousie University The Economics of Innovation Essay
This course is about economic of Innovation. And this paper is due Dec 16 AST. Most of information is on my bright space
ECON 2211 Dalhousie University The Economics of Innovation Essay
This course is about economic of Innovation. And this paper is due Dec 16 AST. Most of information is on my bright space
ECON 1002 WU Wk 3 Firm Cost Structure and Perfectly Competitive Markets Questions
As highlighted in this week’s Learning Resources, typical firms in perfectly competitive markets will find the optimal w ...
ECON 1002 WU Wk 3 Firm Cost Structure and Perfectly Competitive Markets Questions
As highlighted in this week’s Learning Resources, typical firms in perfectly competitive markets will find the optimal ways to use and allocate their resources to be as efficient as possible and achieve success in the long run. In part, this outcome is due to the nature of firm cost functions and their influence on output and pricing decisions related to profit maximization. For example, if there are two vegetable sellers at a farmer’s market, they may not be able to compete with each other in price because of how low the prices are already. However, if one seller has to hire help to grow the vegetables and the other has found a more efficient way to grow them without help, then that other seller will likely be able to stay in business longer because there are no payroll expenses.In this Assignment, you will address concepts of cost structure and perfectly competitive markets, including the relationship between a typical firm’s cost functions and its pricing and output decisions.To prepare for this Assignment:Review this week’s Learning Resources, in particular the material on firm and industry cost functions.Refer to the Academic Writing Expectations for 1000-Level Courses as you compose your Assignment.By Day 7Submit your responses to the following prompts.Using the definition and characteristics of perfectly competitive industries, explain why—in the long run—firms earn zero economic profits. Does this mean that competitive firms earn zero accounting profits? Your response should be at least 75–150 words (1–2 paragraphs) in length.Joe’s Widget Factory operates in a perfectly competitive industry. Joe’s fixed and variable costs are given in the table below. He is a price taker and can sell as many widgets as he produces for $10 each. Complete the table using the provided link and respond to the following questions. Besides referring to your table to support your answers, include references from the course materials on profit-maximizing rules for competitive firms. Your response should be at least 75–150 words (1–2 paragraphs) in length, including table.What is the profit maximizing (or loss minimizing) level of output in the short run?What is the profit maximizing level of output in the long run?What are the shut-down prices in the short run and long run?What is the firm’s supply curve?Note: Use this Week 3 Assignment Worksheet to complete the following table. Be sure to incorporate your table into your Assignment submission.
TAI Sophia Institute Budget Deficits and National Debt of Euro Zone Crisis PPT
By using the data (Up to the year 2008) for Euro zone countries (excluding Malta and Cyprus) from 'OECD fact book' discuss ...
TAI Sophia Institute Budget Deficits and National Debt of Euro Zone Crisis PPT
By using the data (Up to the year 2008) for Euro zone countries (excluding Malta and Cyprus) from 'OECD fact book' discuss the impact of the following factors in bringing about the 'Euro crises': 1- Budget deficits and national debt 2- Balance of payments 3- Social expenditures Using graphs compare the above factors for the countries in trouble, PIGS (Portugal, Ireland, Italy, Greece and Spain) vs. other countries in the Euro zone like Germany and France that fared well and contrast which of the above factors may have contributed to the crisis. The fact that all these countries were using a single currency and did not have the power to devalue their own currency could be another factor you need to consider when analyzing this issue. Tasks: Prepare a 7 Page APA Paper and use 8 referencesPrepare a Power Point Presentation for the above topics and include 16 slides
3 pages
Stocks Vs. Bonds
A firm may prefer to use bonds rather than stocks to finance its investments since it can still issue new bonds to additio ...
Stocks Vs. Bonds
A firm may prefer to use bonds rather than stocks to finance its investments since it can still issue new bonds to additional investors who would like ...
University of London Security Market Line and Risk Free Security Worksheet
1a)Draw a diagram showing the security market line and use it to help explain the Capital Asset Pricing Model (CAPM) and t ...
University of London Security Market Line and Risk Free Security Worksheet
1a)Draw a diagram showing the security market line and use it to help explain the Capital Asset Pricing Model (CAPM) and the concept of Beta in this model. b)Derive the Capital Market Line using a risk-free security and use it to explain lending and borrowing portfolios. c)You are given the following information:(i)A stock with a beta of 0 has an expected return of 4%.(ii)A portfolio made up of 50% invested at the risk-free rate and 50% invested in the market portfolio has an expected return of 9%What is the expected return on the market portfolio? d)Explain the essential differences between the Capital Asset Pricing Model and Arbitrage Pricing Theory. 2a)Explain the concept of the Efficient Markets Hypothesis (EMH) and explain why prices should reflect all available information. b)Discuss the implications of the EMH for investors. c)Discuss the empirical evidence in favour of and against the semi-strong form of market efficiency?
Similar Content
FU Managerial Finance Assessment & Evaluation of Financial Techniques Discussion
I need a 6 pages Finance paper about Managerial Finance. The paper must have 6 pages of body and be in APA format with a m...
FIN 101 Saudi Electronic University Principles of Finance Worksheet
WORD formatTimes New Roman (size 12, double-spaced) font. No matching ratioplz read the instructions in the fileAssignment...
Northern Virginia Community College Fiscal Policy Economic Effects Discussion
Purpose: Sharing of ideas on different aspects of the US economy before we explore and connect the elements of macroeconom...
FIN 406 Saudi Electronic University Multinational Company Discussion
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية ا...
Eco320 Review Questions
1 Describe the ways in which the government provides a
safety net for banks. How has that safety net evolved over tim...
University Umm Al Qura Marginal Utility Summary
ummarize and explanation...
Related Tags
Book Guides
And Then There Were None
by Agatha Christie
Harry Potter and the Sorcerers Stone
by J. K. Rowling
The Outsiders
by S.E. Hinton
The 48 Laws of Power
by Robert Greene
Milkweed
by Jerry Spinelli
Tess of the DUrbervilles
by Thomas Hardy
The Subtle Art of Not Giving a F*ck
by Mark Manson
How to Win at the Sport of Business
by Mark Cuban
Freakonomics
by Stephen J. Dubner and Steven D. Levitt
Get 24/7
Homework help
Our tutors provide high quality explanations & answers.
Post question
Most Popular Content
Provide a summary report of the descriptive statistics.
Provide a summary report of the descriptive statistics. The article below can serve as a guide. Carney, M., Estrin, S., Li ...
Provide a summary report of the descriptive statistics.
Provide a summary report of the descriptive statistics. The article below can serve as a guide. Carney, M., Estrin, S., Liang, Z., & Shapiro, D. (2018). National institutional systems, foreign ownership and firm performance: The case of understudied countries. Journal of World Business.Write about 1 page in APA formathttps://s3.us-east-1.amazonaws.com/blackboard.lear...
ECON 2211 Dalhousie University The Economics of Innovation Essay
This course is about economic of Innovation. And this paper is due Dec 16 AST. Most of information is on my bright space
ECON 2211 Dalhousie University The Economics of Innovation Essay
This course is about economic of Innovation. And this paper is due Dec 16 AST. Most of information is on my bright space
ECON 1002 WU Wk 3 Firm Cost Structure and Perfectly Competitive Markets Questions
As highlighted in this week’s Learning Resources, typical firms in perfectly competitive markets will find the optimal w ...
ECON 1002 WU Wk 3 Firm Cost Structure and Perfectly Competitive Markets Questions
As highlighted in this week’s Learning Resources, typical firms in perfectly competitive markets will find the optimal ways to use and allocate their resources to be as efficient as possible and achieve success in the long run. In part, this outcome is due to the nature of firm cost functions and their influence on output and pricing decisions related to profit maximization. For example, if there are two vegetable sellers at a farmer’s market, they may not be able to compete with each other in price because of how low the prices are already. However, if one seller has to hire help to grow the vegetables and the other has found a more efficient way to grow them without help, then that other seller will likely be able to stay in business longer because there are no payroll expenses.In this Assignment, you will address concepts of cost structure and perfectly competitive markets, including the relationship between a typical firm’s cost functions and its pricing and output decisions.To prepare for this Assignment:Review this week’s Learning Resources, in particular the material on firm and industry cost functions.Refer to the Academic Writing Expectations for 1000-Level Courses as you compose your Assignment.By Day 7Submit your responses to the following prompts.Using the definition and characteristics of perfectly competitive industries, explain why—in the long run—firms earn zero economic profits. Does this mean that competitive firms earn zero accounting profits? Your response should be at least 75–150 words (1–2 paragraphs) in length.Joe’s Widget Factory operates in a perfectly competitive industry. Joe’s fixed and variable costs are given in the table below. He is a price taker and can sell as many widgets as he produces for $10 each. Complete the table using the provided link and respond to the following questions. Besides referring to your table to support your answers, include references from the course materials on profit-maximizing rules for competitive firms. Your response should be at least 75–150 words (1–2 paragraphs) in length, including table.What is the profit maximizing (or loss minimizing) level of output in the short run?What is the profit maximizing level of output in the long run?What are the shut-down prices in the short run and long run?What is the firm’s supply curve?Note: Use this Week 3 Assignment Worksheet to complete the following table. Be sure to incorporate your table into your Assignment submission.
TAI Sophia Institute Budget Deficits and National Debt of Euro Zone Crisis PPT
By using the data (Up to the year 2008) for Euro zone countries (excluding Malta and Cyprus) from 'OECD fact book' discuss ...
TAI Sophia Institute Budget Deficits and National Debt of Euro Zone Crisis PPT
By using the data (Up to the year 2008) for Euro zone countries (excluding Malta and Cyprus) from 'OECD fact book' discuss the impact of the following factors in bringing about the 'Euro crises': 1- Budget deficits and national debt 2- Balance of payments 3- Social expenditures Using graphs compare the above factors for the countries in trouble, PIGS (Portugal, Ireland, Italy, Greece and Spain) vs. other countries in the Euro zone like Germany and France that fared well and contrast which of the above factors may have contributed to the crisis. The fact that all these countries were using a single currency and did not have the power to devalue their own currency could be another factor you need to consider when analyzing this issue. Tasks: Prepare a 7 Page APA Paper and use 8 referencesPrepare a Power Point Presentation for the above topics and include 16 slides
3 pages
Stocks Vs. Bonds
A firm may prefer to use bonds rather than stocks to finance its investments since it can still issue new bonds to additio ...
Stocks Vs. Bonds
A firm may prefer to use bonds rather than stocks to finance its investments since it can still issue new bonds to additional investors who would like ...
University of London Security Market Line and Risk Free Security Worksheet
1a)Draw a diagram showing the security market line and use it to help explain the Capital Asset Pricing Model (CAPM) and t ...
University of London Security Market Line and Risk Free Security Worksheet
1a)Draw a diagram showing the security market line and use it to help explain the Capital Asset Pricing Model (CAPM) and the concept of Beta in this model. b)Derive the Capital Market Line using a risk-free security and use it to explain lending and borrowing portfolios. c)You are given the following information:(i)A stock with a beta of 0 has an expected return of 4%.(ii)A portfolio made up of 50% invested at the risk-free rate and 50% invested in the market portfolio has an expected return of 9%What is the expected return on the market portfolio? d)Explain the essential differences between the Capital Asset Pricing Model and Arbitrage Pricing Theory. 2a)Explain the concept of the Efficient Markets Hypothesis (EMH) and explain why prices should reflect all available information. b)Discuss the implications of the EMH for investors. c)Discuss the empirical evidence in favour of and against the semi-strong form of market efficiency?
Earn money selling
your Study Documents