Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

Explain what is the short-run effect of a fiscal contraction (lower government spending for example)? What happens to the nominal wage rate during the process of moving from short-run equilibrium to long run equilibrium? What about real wage rate. Draw carefully all the steps from the initial equilibrium to short and long-run equilibrium.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91231879

Have any Question?


Related Questions in Microeconomics

Question in the paper the signaling value of a high school

Question: In the paper "The Signaling Value of a High School Diploma" (Journal of Political Economy, 2014), Clark and Martorell attempt to differentiate between signaling and human capital theories of the returns to educ ...

Question a monopoly has costs described by tcq60008q demand

Question: A monopoly has costs described by TC(Q)=6000+8Q. Demand is described by P=60-0.1Q. What is the monopolist's profit-maximizing price (P)? The response must be typed, single spaced, must be in times new roman fon ...

Question your company is considering whether to retain the

Question: Your company is considering whether to retain the highest-quality raw materials supplier available. Assuming that it really is the best supplier, does this ensure that you will make an economic profit? Explain. ...

Question by visiting the bureau of labor statistics website

Question: By visiting the Bureau of Labor Statistics website, find the latest unemployment rate available for your state (New Jersey 4.2% in Mar 2017). How does the unemployment rate of your state compare to that of the ...

Question you have been asked to calculate the current

Question: You have been asked to calculate the current balance on a loan that involves 5 equal mortgage payments of $200,000 per year (principal and interest), but the interest rate changed on the loan is variable. in ye ...

Question one way to identify a related choice is by

Question: One way to identify a related choice is by examining a firm's outputs. A firm's diversification choice becomes more related as outputs become more similar. However, will a firm that realizes scope economies fro ...

Question why are the themes of managing teams managing the

Question: Why are the themes of managing teams, managing the multicultural workforce, managingglobalization, managing ethics and CSR, and managing with metrics so important today? Which of these challenges is likely to i ...

Question discuss and analyze the following even though

Question: Discuss, and analyze the following: "Even though fixed costs do not affect the output decision, an increase in fixed costs results in a wider range of prices for which the firm operates at a loss." The response ...

Question most lenders charge an up-front fee called

Question: Most lenders charge an up-front fee called origination fee, which is added to what borrower owes and is described as "points," e.g., 1 point is 1%. The lenders are required by law to account for the origination ...

Question a suppose the uncovered interest parity condition

Question: a) Suppose the uncovered interest parity condition holds, and that the domestic interest rate is lower than the foreign interest rate. What does this imply about the current versus future expected currency valu ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved