Suppose the economy is in equilibrium when there is a, Ask an Expert

Economics

Suppose the economy is in equilibrium when there is a change in environmental policy that bans all pesticides and herbicides on farmland. We would expect to observe

A. a decrease in both real output and the natural rate of unemployment.

B. a decrease in real output and an increase in the price level.

C. a decrease in real output and an increase in the natural rate of unemployment.

D. a decrease in aggregate supply and an increase in aggregate demand.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91676154

Have any Question?Write your Review or question?

Related Questions in Business Economics

An insurance company will pay dave 220000 the market value

An insurance company will pay Dave $220,000 (the market value of the house) should his house be destroyed by fire during the year. In return, Dave pays the insurance company $1280 that year (called the "premium") for tha ...

Case studyobjectivesthis assessment item relates to course

Case Study Objectives This assessment item relates to course learning outcomes 1 and 4 as listed in the unit profile. Task description: In this task, you will build a case study based on the article: RBA decision 7th Aug ...

A person at a carnival decides to toss rings until he hits

A person at a carnival decides to toss rings until he hits the target, but he will not toss more than 3 times. Let H denote a hit and M denote a miss. What is the sample space for this random experiment? S = {HHH, HHM, H ...

Why does a government undertakes expansionary fiscal

Why does a government undertakes expansionary fiscal policy? What are the problems of undertaking expansionary fiscal policy? When is fiscal policy more appropriate than monetary policy?

British environmentalist kate humble recently made the

British environmentalist Kate Humble recently made the following statement: "Everyone's going to hate me and call me a middle-class bitch but I'm past caring because I'm so incensed. Food waste is endemic but we don't va ...

How does a high-tech industry differ from most other

How does a high-tech industry differ from most other industries? Provide two examples.

The managers of a car store observe that 70 of all the cars

The managers of a car store observe that 70% of all the cars they sell are bought by people who already own a car. They also observe that 50% of the customers who come to the store but do not buy a car, already own one. ...

In what ways is local government administration different

In what ways is local government administration different from State and Federal government administration?

An article describes a study that appeared in the journal

An article describes a study that appeared in the journal Pediatrics. In this study, researchers looked at records of 2500 children who were participating in a long term health study. They found that 10% of these childre ...

Ford motors expects a new hybrid-engine project to produce

Ford Motors expects a new? Hybrid-engine project to produce incremental cash flows of $ 95 million each year and expects these to grow at 4?% each year. The upfront project costs are? $900 million and? Ford's weighted av ...

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