If economy has full flexible prices and demand unexpectedly, Ask an Expert

Economics

If economy has full flexible prices and demand unexpectedly increases you would expect that the economy’s real GDP would tend to

Increase

Decrease

Remain the same?

What happens when demand fluctuates lower than expected?

What happens when demand fluctuates higher than expected?

What would the firms do when demand fluctuates higher than expected or lower than expected?

What is national income accounting?

Why national income accounting?

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91342750

Have any Question?Write your Review or question?

Related Questions in Business Economics

Indifference curve and budget lineannie has an income of

Indifference Curve and Budget Line Annie has an income of $180 an hour. Popcorn costs $6 a bag, and costs $4 a six-pack cola a. Draw a graph of Annie's budget line with six-pack of cola on the x-axis , and popcorn on th ...

The poverty line for a family of 4 in 2011 was around 23k

The poverty line for a family of 4 in 2011 was around 23K. Do you think this is a fair assessment of the poverty line, and Can a family live on 23K without help?

How is the study of how firms decisions about prices and

How is the study of how firms' decisions about prices and quantities depend on the market conditions they face,the field of industrial organization, and the cost of production.

Determine the internal rate of return for a project that

Determine the internal rate of return for a project that costs -$149,500 and would yield after-tax cash flows of $23,000 the first year, $25,000 the second year, $28,000 the third year, $30,000 the fourth year, $34,000 t ...

Benefits of abating emission mb500-20acost of abating

Benefits of abating emission: MB=500-20A Cost of abating emission: MC=200+5A What are the marginal benefit and marginal cost of abatement at socially efficient level of abatement? What is the net social benefit at the ef ...

The probability that a regular scheduled flight departs on

The probability that a regular scheduled flight departs on time is .83; the probability that it arrives on time is .82; and the probability that it departs and arrives on time is .78. Find the probabilty that a plane arr ...

One box has 4 cards in it of the same suit numbered 2 4 6

One box has 4 cards in it of the same suit numbered 2, 4, 6, and 9. A second box contains 3 cards again of the same suit numbered 2, 3 and 6. One card is drawn at random from each box. Draw the tree diagram showing the c ...

You want to be a millionaire when you retire in 35 yearsa

You want to be a millionaire when you retire in 35 years. a. How much do you have to save each month if you can earn an annual return of 10.7 percent? (Do not round intermediate calculations and round your answer to 2 d ...

Graph needs to be includedmost graduate schools of business

Graph needs to be included. Most graduate schools of business require applicants for admission to take the GMAT, the Graduate Management Admission Test. Scores on the GMAT are roughly normally distribute with a mean of 5 ...

Liquidity ratios burts tvs has current liabilities of 258

Liquidity Ratios Burt's TVs has current liabilities of $25.8 million. Cash makes up 48 percent of the current assets and accounts receivable makes up another 28 percent of current assets. Burt's current ratio = .93 times ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert