which of these are conditions for long-run equilibrium in the aggregate demand–aggregate supply model?

Answers

Answer 1

Answer:

-Correct answer(s)

Long-run aggregate supply equals aggregate demand

Short-run aggregate supply equals aggregate demand

-Incorrect Answer(s)

u<u*

u>u*

Explanation:

Answer 2

The economy will gradually progress toward its potential production, according to the aggregate demand and long-run aggregate supply model. The aggregate demand and supply curves intersect at this point to form the long-run equilibrium.

What is the long-run equilibrium in the aggregate demand–aggregate supply (AD-AS) model?

AD-AS model is a graphical model used to understand economic fluctuations, which contains aggregate demand (AD), short-run aggregate supply (SRAS), and long-run aggregate supply (LRAS).

The long-run aggregate supply (LRAS) curve relates the level of production produced by businesses with the price level over time.

At any price level, the economy eventually reaches its natural level of employment and potential output. This result has given us our long-run aggregate supply curve.

When there is only one level of output at whatever price level, the long-run aggregate supply curve is a vertical line at the potential level of output for the economy.

Therefore, these are the conditions of the long-run AD-AS model.

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Related Questions

Shine-Glo is a car shampoo and wax system for car enthusiasts who want to protect their cars from the elements. What could be included as part of Shine-Glo’s promotion mix?

Answers

The options were not included. To answer the question, we need to first understand what a promotion mix is. A promotion mix refers to all the methods that are used by businesses to promote the sales of a product.

Shine-Glo described above could include Direct marketing as part of its promotion mix.

As explained above, a promotion mix involves all the methods that are used in convincing the customer to purchase the product.

Advertising, direct marketing, personal selling, sales promotion, and public relations are all ways to do this.

The company above can send messages via messages to car enthusiasts, informing them of this service that they render.

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The role of ______ control is to challenge the organization's beliefs and goals and to continuously monitor, test, and review strategies.

Answers

Answer:

Informational

Explanation:

The role of "informational" control is to challenge the organization's beliefs and goals and to continuously monitor, test, and review strategies. Informational control is when a business gathers information and analyzes that information from different perspectives to come up with better strategy's in order to better the business itself.

Hope this helps.

Identify the true statements about final offer arbitration. (Check all that apply.) Multiple select question. It reduces the chilling effect of conventional arbitration. It encourages the negotiators to present extreme offers. It requires the arbitrator to select between the union's or the employer's final offer. It holds the negotiators accountable for the arbitrator's decisions.

Answers

Final offer arbitration is often regarded as a public process only meant for disputes that are monetary in nature.

The true statements about final offer arbitration are:

It reduces the chilling effect of conventional arbitration.

It requires the arbitrator to select between the union's or the employer's final offer

Final offer arbitration as a public process when applied to individual is used when an individual and the other party want to a dispute are are unable to resolve the matter through mediation.

In final-offer arbitration, the two parties that are involved in the dispute often submit final offers to an arbitrator.

The arbitrator then chooses the binding solution that matches the one that is closest to his own view of the right outcome

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True or false: One of the challenges of hiring the correct number and type of salespeople is that every sales job is different. True false question.

Answers

the answer is true



explanation : I had this question and got it right

Olga is shopping for a new laptop computer. All the computer brands offer laptops with standard screens and keyboards, but each brand offers different software packages, memory amounts, processor speeds, hard drive sizes, and operating systems. Olga notices that the price of laptops varies depending on the features they include. In order to choose the best laptop computer for her, Olga will most likely ________________.

Answers

In order to choose the best laptop computer for her, Olga will most likely check the processing and storage of the laptop.

What is Computer ?

Computer is defined as a digital electronic device that can be configured to automatically perform logical or mathematical operations in sequences computation. The core components of every computer are the processor (CPU), memory, and input/output devices. Each computer takes in data from a variety of sources, processes it using its CPU and memory, and outputs the findings in one way or another.

The marketing concept states that a company should make an effort to offer goods that meet consumer requirements while also enabling the company to accomplish its objectives. The main goal of the marketing concept is to satisfy customers.

Thus, in order to choose the best laptop computer for her, Olga will most likely check the processing and storage of the laptop.

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what are some good reasons to become a illustrator

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Answer:

able to create anything on a daily basis, sketch, and you can also get really big rewards from it

is the process of allocating the cost of a plant asset to expense while it is in use.

Answers

Answer:

Depreciation

Explanation:

According to a 2019 survey of ERP​ users, ________ percent of ERP projects experienced cost overruns.

Answers

Considering the information released, the 2019 survey of ERP users indicated that forty-five percent of ERP projects experienced cost overruns.

This is based on the information released on the ERP website and made known to the public.

ERP is an acronym for Enterprise Resource Planning.

The ERP software is known to be utilized by various used firms to organize the main components of their business, including the likes accounting, production, sales, and marketing processes.

Hence, in this case, it is concluded that the correct answer is "Forty-five percent"

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Problem No. 1. "In your home, when you want to eat egg sandwich before going to school, your mother would surely prepare it for you. Your egg sandwich would not be produced without a process." 1.who would » 1. Who would be your manpower? 2. What would be your materials? 3. What machines or tools would you use? 4. What methods are needed to produce the egg sandwich? (Cooking procedures- enumerate them).

Answers

Your egg sandwich would be produced by your mother, using egg and bread as production materials. The machines or tools used could be a stove, a frying pan and a spatula.

The cooking methods needed to make the egg sandwich consist of separating the materials to be used, frying the egg, seasoning with salt and pepper, then reserving.

After you have fried the egg, you should heat the two slices of bread in the frying pan, place the egg between the slices and press it with the spatula to compress the sandwich.

This is a healthy snack that provides the protein and carbohydrates needed to give the body energy and nutrients to start the day.

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Apnex, Inc., is a biotechnology firm that is about to announce the results of its clinical trials of a potential new cancer drug. If the trials areâ successful, Apnex stock will be worth per share. If the trials areâ unsuccessful, Apnex stock will be worth per share. Suppose that the morning before the announcement isâ scheduled, Apnex shares are trading for per share. a. Based on the current shareâ price, what sort of expectations do investors seem to have about the success of theâ trials? b. Suppose hedge fund manager Paul Kliner has hired several prominent research scientists to examine the public data on the drug and make their own assessment of theâ drug's promise. Wouldâ Kliner's fund be likely to profit by trading the stock in the hours prior to theâ announcement? c. Which factors would limit the ability ofâ Kliner's fund to profit on itsâ information?

Answers

Based on the current share price, the expectation that investors seem to have about the success of the trials is that the market share seems to assess a somewhat greater than 50% chance of success.

If the hedge fund manager hires research scientists to examine the public data on the drug, Kilner's fund will likely profit, if they have better information than other investors.

Lastly, the factor that can limit the ability of Kilner's fund to profit on its information will be that the market may be illiquid and thereby no one wants to trade with them.

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When speaking on behalf of your team in a routine message, you might seek ______ from other team members to make sure they agree with what the message says.

Answers

Answer:

feedback

Explanation:

hope this helps :)

When preparing the operating activities section of the statement of cash flows using the indirect method ______. Multiple select question. cash collected from customer is reported instead of revenues items that do not affect cash flow are removed from net income. net income is adjusted to a cash basis only cash payments for expenses are reported

Answers

Cash flows is a term that is often used in business dealings. When preparing the operating activities section using the indirect method, use  Decreases in accounts receivable  and Increases in wages payable.

In the indirect method, net income is known to be a starting point in measuring cash flows from operating activities and as such depreciation expense must be added back to net income.  

Companies often add other expenses and losses back to net income. The cash flow direct method shows the changes in cash receipts and payments.

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The process in which people seeking higher interest rates take their money out of financial institutions is called

Answers

Answer:

Explanation:

Ddss

You have been working for five years after college and are ready to buy your first home. Homes in the area you want to live in cost $550,000. The biggest mortgage you can afford is $300,000. What is the down payment you will need to pay

Answers

Based on the information given the down payment you will need to pay is $250,000.

Using this formula

Down payment=Building cost -Mortgages

Where:

Building Cost = $550,000

Mortgages = $300,000

Let plug in the formula

Down payment=$500,000-$300,000

Down payment=$250,000

Inconclusion the down payment you will need to pay is $250,000.

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To find the total bond value, add the present value of the amount paid at maturity to the _____ of the annual coupon payments. Multiple choice question. future value factor simple interest amount annuity present value

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The addition of the present value of the amount paid at maturity to the annuity Present value of the annual coupon payments helps to derive the total bond value.

Calculation of the PV of bond's future interest payments known as cash flow and the bond's value upon maturity known as face value are components in Bond valuation.

The present value of the amount paid at maturity need to be determined for calculation of total bond value.

The annuity Present value of the annual coupon payments need to be determined for calculation of total bond value.

Therefore, the answer is annuity PV because the addition of the present value of the amount paid at maturity to the annuity Present value of the annual coupon payments helps to derive the total bond value.

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When a market timer sells out of the risky portfolio and holds cash, the market timer's outlook for the risky portfolio is

Answers

Pessimistic weak negative or bearish

The Corey Corporation has fixed assets with a book value of $700 and an appraised market value of about $1,000. Net working capital is $400 on the books, but approximately $600 if all the current accounts were liquidated. Corey has $500 in long-term debt, in book value as well as market value terms. What is the market value of Corey Corporation's equity?.

Answers

The market value of Corey Corporation's equity is $1,100.

Data and Calculations:

Fixed assets book value = $700

Appraised market value = $1,000

Net working capital book value = $400

Net working capital liquidated value = $600

Long-term debt book and market value = $500

Market value of Equity = $1,100 ($1,000 + $600 - $500)

The market value of the equity is based on the market value of fixed assets plus the liquidated value of the net working capital minus the market value of long-term debt.

Thus, the market value of Corey Corporation's equity is $1,100.

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A position that enables a firm to achieve above-average returns despite strong competition, protecting the firm against rivalry from competitors is a

Answers

Answer: Overall Low-Cost

am i a successful entrepreneur essay​

Answers

Answer:

No

Explanation:

Loking at you past answers and one question, I noticed incoreect  punctuation and incorrect lowercases.

Some recent economic research has suggested that African countries' economic growth may have been limited by __________________ .

Answers

Government corruption has been shown by recent economic research to be cause of African countries' limited economic growth.

The limited economic growth causes unemployment, low infrastructure, low basic services etc.

Other cause of the limited growth of African country economies includes political instability, cold War, poor governance, despotism etc .

In conclusion, the Government corruption has been shown by recent economic research to be cause of African countries' limited economic growth.

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Identify the dimensions that are encompassed by sport management according to Blann. (Check all that apply.)

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The dimensions covered by the management of sport, according to Blann, are organized sport, the sport company, the management of sporting experiences and the world of sport.

Sport management can be understood as planning, organizing, directing, controlling, budgeting, leading and evaluating skills in an organization whose business is related to sporting activities.

The sports industry is constantly growing, due to the growth of new sports in addition to the traditional ones, and increased media exposure, which has also generated an increased need for qualified professionals in sports media.

In the United States, the sports industry is the sixth largest industry in the country, so there is a need for greater structure and organization of business and sport, better management and understanding of the world of sport.

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Traditionally, retail outlets carried related lines of goods. Today, however, ________, or offering several unrelated product lines in a single store, is common.

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Today, a single store offering scrambled merchandising or several unrelated product lines is common.

Prior to today, stores usually specializes on sales of products which are in same line such as varieties of flowers, varieties of clothes, variety of drinks etc.

But today, this has changed because single store now offers several unrelated product lines and scrambled merchandising (which is a tactic where retailer sells product that are outside their focus)

Today, a single store can offer sales of drinks, cloth, snacks, flowers, accessories etc

Therefore, in conclusion, today, a single store offering scrambled merchandising or several unrelated product lines is common.

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noah is quick to point out all the reasons why something won’t work, yet he seldom poses ways to resolve these problems. this can go on for days at a time. as his manager, you are working with him to accept developmental feedback. because noah is a ________, this might be challenging.

Answers

Because Noah is a complainer, the acceptance of the developmental feedback by him might be challenging.

People who complains frequently, expresses dissatisfaction and quick to point out reasons why something won’t work without providing solution are known as Complainers.

The involuntary action of complaining might be an innate problem, therefore, needs special treatment at his place of work.

Therefore, in conclusion, because Noah is a complainer, the acceptance of the developmental feedback might be challenging.

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I am confused here. Help me, tomorrow is my exam. Is tailoring a secondary activity or tertiary? Bcoz a tailor also makes suits etc and also fixes them. For example if my coat has a cut, the tailor will repair it.​

Answers

Answer:

This is soley based on a personal response no bias. ANS- TERTIARY

Tertiary is a skilled built labor job and Seconadary is a not as needed/skill required based work force such as fast food or retail work.

Explanation:

Of third rank, importance, or value chiefly British : of, relating to, or being higher education

Of, relating to, or constituting the third strongest of the three or four degrees of stress recognized by most linguists

A/An ____ is an open order, usually effective for 6 months to one year, covering routine purchases of an item or family of items. a. pending order b. completed order c. order acceptance d. outstanding order e. blanket purchase order

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The type of purchase order that is usually effective for a period of 6 months to one year, which covers routine purchases on an item is called: e. blanket purchase order

What is a Blanket Purchase Order (BPO)?

A blanket purchase order can be described as an agreement signed between a supplier and an organization, for a recurring good or service to be delivered at a set price over a period of as much as between 6 months to up to a year.

Benefits of Blanket Purchase Order (BPO)Reduction of cost.Increases purchasing powerPurchasing lead time is shortenedImproves Efficiency, among others.

Therefore, the type of purchase order that is usually effective for a period of 6 months to one year, which covers routine purchases on an item is called: e. blanket purchase order

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Channels of communication that follow the chain of command and are considered as official are ________ communication channels.

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The channels of communications which follows the chain of command and considered as official are known as Formal communication channels.

A formal communication channel refers to the channel through which boards, managers, employees transmits various information such as the goals, policies and procedures within the organization.

An example of a formal communication channel in a company is its Mission & Vision Statement which gives the employees a clear idea of the company's goals and vision.

In conclusion, the channels of communications is known as Formal communication channels.

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Drag the task into the appropriate column.

Answers

putting together a circuit board = dangerous

investigate mars = dangerous

put labels on tins of beans = boring

create a 0.005 mm thread onto nut = boring

spray paint cars = boring

change fuel rods in a nuclear power station = dangerous

Dangerous Task:

Put together a circuit board for a computer (can get electrified)

Investigate the planet Mars (Many things can get wrong with the space ships or your space suit or get trapped in Mars)

Change fuel rods in a nuclear power station (Nuclear power means radiation which can be really harmful if you don't follow the correct procedure)

Boring Task:

Put labels on tins of beans (not dangerous at all)

Create a 0.05 mm thread onto nut. (Not dangerous at all)

Spray paint cars (might be dangerous if you spray in your face, otherwise not that dangerous)

A customer who has taken his portfolio and invested it only in money market instruments is most likely concerned with:

Answers

Answer:

music

Explanation:

they probably like to play music or make there own

Santiago created a ______ when he wrote down the vision for his product including the features of the product and target market.

Answers

When Santiago wrote down vision for his product as well as the features and target market, he creates his Product vision statement.

The Product vision statement is a statement which describes the essence, vision, features, and the problem that the product is solving in the target market.

In other word, the Product vision statement describes where the product ultimately want to go.

Therefore, Santiago is creating his Product vision statement by writing down the vision for his product as well as the features and target market,

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A contract in which an owner provides a user the right to use an asset in return for periodic cash payments over a period of time is called a(n)

Answers

Answer:lease

Explanation:

A contract in which an owner provides a user the right to use an asset in return for periodic cash payments over a period of time is called a(n) An annuity due payment is a recurring issuance of money upon the beginning of a period. Alternatively, an ordinary annuity payment is a recurring issuance of money at the end of a period. Contracts and business agreements outline this payment, and it is based on when the benefit is received.

What is the term used for a sequence of payments over time?

An standard annuity is a sequence of regular payments made at the end of each period, such as monthly or quarterly. In an annuity due, by difference, payments are made at the start of each period. Consistent quarterly goods dividends are one example of an ordinary annuity; monthly rent is an example of an annuity due.

What is the periodic annuity payment?

Annuities or periodic payments are payments given to a person at set intervals for a fixed period, or for life.

What is periodic payment example?

An sample of a periodic payment is a home loan or personal loan repayment. This may sound similar to a direct debit, however, direct debits are agreements made between a member and a business that allow the business to deduct agreed amounts from a designated account.

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