What causes the economy to move from its short-run equilibrium to its long-run equilibrium? the government must increase spending to increase aggregate demand. nominal wages, prices, and perceptions will adjust upward to this new price level. the government must increase taxes to curb aggregate demand. nominal wages, prices, and perceptions will adjust downward to this new price level?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What causes the economy to move from its short-run equilibrium to its long-run equilibrium? the government must increase spending to ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
If the master budget prepared at a volume level of 10,000 units includes direct materials of $40,000, a flexible budget based on a volume of 12,000 units would include direct materials of $48,000. a. True b. False
Answers (1)
As a team leader you need people to play various roles to ensure you have a high peforming team. if your team has alot of back stabbing, talking behind each other's backs and you find the team not taking risks or sharing information what role may
Answers (1)
Keystone Company applies overhead on the basis of machine hours. Given the following data, compute the amount of overhead under - or over applied for the period.
Answers (1)
For the current year ($ in millions), Centipede Corp. had $90 in pretax accounting income. This included warranty expense of $8 and $19 in depreciation expense. 7 million of warranty costs were incurred, and MACRS depreciation amounted to $42.
Answers (1)
Why do governments regulate natural monopolies?
Answers (2)
New Questions in Business
Define and describe poor service delivery
Answers (2)
Generally, firms entering foreign markets begin with: a. less risky strategies first. b. the riskiest, but most profitable endeavor. c. decentralized production.
Answers (2)
Use the following information to determine this company's cash flows from financing activities. Net income was $467,000. Issued common stock for $74,000 cash. Paid cash dividend of $13,000.
Answers (1)
Smileline Inc. has an onsite daycare facility and provides employees fultime daycare at a very low cost.
Answers (1)
The managers of Dakota Clothing regularly compare their actual profits with the firm's projected profits. When deviations occur, the managers use the feedback to take corrective action when necessary.
Answers (1)