Business, 26.08.2021 14:00 Kaylenejohnson00

County Z is experiencing the problem of high unemployment and low Real GDP. a) According to Classical Economists, what should Country Z do to tackle this problem? Use the
AD-AS model (diagram) to discuss in detail.
b) According to Keynesian Economists, what should Country Z do to tackle this problem? Use
the AD-AS model (diagram) to discuss in detail.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 04:50

Steffi is reviewing various licenses and their uses. match the licenses to their respective uses. you are eligible to work within the state. you are eligible to sell limited investment securities. you are eligible to sell fixed income investment products. your compensation is fee based. section 6 section 7 section 63 section 65

Answers: 3

Answer

Business, 22.06.2019 08:50

Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and the cyclical unemployment rate is 2 percent. the frictional unemployment rate is percent and the actual unemployment rate (in this economy) is percent.

Answers: 2

Answer

Business, 22.06.2019 20:00

Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.

Answers: 3

Answer

Business, 22.06.2019 21:10

You are the manager of a large crude-oil refinery. as part of the refining process, a certain heat exchanger (operated at high temperatures and with abrasive material flowing through it) must be replaced every year. the replacement and downtime cost in the first year is $165 comma 000. this cost is expected to increase due to inflation at a rate of 7% per year for six years (i.e. until the eoy 7), at which time this particular heat exchanger will no longer be needed. if the company's cost of capital is 15% per year, how much could you afford to spend for a higher quality heat exchanger so that these annual replacement and downtime costs could be eliminated?

Answers: 1

Answer

You know the right answer?

County Z is experiencing the problem of high unemployment and low Real GDP. a) According to Classi...

Questions