A significant rise in the price of oil causes: Question 3 options: a) demand-pull inflation b) deflation c) disinflation d) cost push inflation
Q: Changes in oil prices can affect the inflation-unemployment outcome, explain what effect changes in…
A: Change in oil prices can affect the inflation-unemployment outcome. Let us assume that oil prices…
Q: Inflation expectations refer to the rate at which: Group of answer choices actual inflation exceeds…
A: Inflation refers to the rate of change in the market value of products and services over time.
Q: A sustained decrease in the price level is known as: Select one: a. reflation. b. deflation. c.…
A:
Q: Cost-push inflation occurs when the: aggregates demand curve shifts leftward while the aggregate…
A: Cost pull inflation occurs when the aggregate supply curve shifts leftward while the demand curve is…
Q: Stagflation is caused by an increase in cost-push inflation. The increase in costs can be caused by…
A: Given the statement is Stagflation is caused by an increase in cost-push inflation. The increase in…
Q: the consumer price index can be used to measure inflation. there are potential problems with this…
A: Inflation is a situation in the economy when there is a general rise in the price level of goods and…
Q: In 1986, OPEC countries increased their production of oil. This caused the price level to rise.…
A: Since, oil production has increased, it will tend to have positive effects.
Q: a. Core inflation is the inflation that consumers feel when they buy their core products. b.…
A: In an economy, Inflation is a macroeconomic concept that is used to compare various economic…
Q: Determinants of Demand include the following: (a) Changes in supply (b) Prices of goods…
A: Demand refers to the quantity that consumers are willing to buy at specific point of time . Demand…
Q: If aggregate demand increases; while aggregate supply remains the same: Group of answer choices…
A: Demand-pull and cost-pull inflation:- Whenever demand grows to an extent that manufacturing cannot…
Q: Using diagrammatic illustrations where necessary, write brief notes on the following concepts. i.…
A: Gross domestic product refers to the total amount of all the goods, and services produced in an…
Q: Q.3 What was the inflation average ? Q.4 What was the inflation standard deviation ? Q.5 What was…
A: Mean refers to the simple mathematical average of a set of two or more numbers. Standard Deviations…
Q: i. What happens if the population increases, but the supply of goods and services available to the…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: The following are causes of inflation EXCEPT: a. Money Supply b. Demand c. Rising income d.…
A: Since you have posted multiple questions as per the guidelines we can solve only first question per…
Q: The price level was at an index value of 280 at the start of the year. It is expected to reach 300…
A: According to the Fisher effect, r = 1 + i 1 + π - 1where,r = Real interest ratei = Nominal interest…
Q: Which current event has the most short run inflationary impact? Infrastructure needs Gas prices up…
A: Answer - Need to find- Which current event has the most short run inflationary impact Evaluating the…
Q: A rise in the price level means a: Group of answer choices lower value of goods lower value of money…
A: The economies tend to focus on their growth, and development, where various parties in the economy…
Q: is inflation that results from a decrease in the aggregate supply curve while the aggregate demand…
A: Inflation refers to the general increase in the all over price in an economy.
Q: Actual inflation is the sum of three separate components: ... a.Validated, expected and output gap…
A: Inflation is defined as the rate at which prices increases. There are two types of inflation that…
Q: Inflation caused by a cut in income tax is an example of a) expectations-generated inflation b)…
A: In an economy, inflation can be caused due to different market conditions such as supply-side or…
Q: QUESTION 17 Inflation initiated by increases in wages or other resource prices is labeled a.…
A: Since you have asked multiple questions, we will solve first question for you. If you want any…
Q: The low rate of inflation in the 1990s is probably due to Multiple Choice the fact that businesses…
A: In an economy, when talking about low inflation rate, it is the situation when economy is having…
Q: The years 2002 through 2007 can be described as a period of a. falling output accompanied by…
A: During the period of 2002 to 2007, the economy was weak and the average growth rate was very low.…
Q: An inflationary gap occurs when: * a. we need to increase prices b. real output is too low. c.…
A: The government's expansionary monetary policies are thought to be the primary cause of the…
Q: The inflation rate is high in : (independent of table) A- stagflation B-…
A: Inflation is the general increase in price level over a period of time.
Q: All prices rise evenly during periods of inflation and deflation.TrueFalse
A: Inflation and Deflation: Inflation refers to a rapid rise in the price of ay commodity and services…
Q: Demand is likely to be price elastic if: 1. the buyers can use normal inflation to explain the…
A: "Demand is said to be price elastic if an small change in price of a good will create a substantial…
Q: If you wanted to obtain an endorsement that automatically updates the level of property coverage…
A: Financial economics include all the various components that are used for finance and in the…
Q: ________ is considered as a part of microeconomic analysis. a. Studying the determination of…
A: Microeconomics is a branch of economics that studies how individuals and organisations make…
Q: 1)Potential output is the same as long-run aggregate supply. Select one: True False
A: Hey, Thank you for the question. According to our policy, we can only answer 1 question per session.…
Q: In which situation is a program to reduce inflation likely to have the lowest costs? if the…
A: sacrifice ratio is defined as the cumulative rise in unemployment following the disinflation,
Q: Purchases made now to avoid higher future prices can lead to: a. expectations inflation. b.…
A: Inflation is a general rise in the price level in an economy over a period of time.
Q: The high cost of oil has caused an increase in the price of plastic. (Plastic is made from…
A: Cost-push expansion(inflation) happens when by and large overall price increment (inflate) because…
Q: Decreasing the number of periods in a moving average will produce: A.decreased sensitivity to…
A: The oscillations of the economy that occur between times of economic expansion (growth) and periods…
Q: Demand-pull inflation Demand-pull inflation occurs when: A. input costs rise. B.…
A: Demand pull inflation is nothing but the inflation due to the change in demand.
Q: which one is true Demand‑pull inflation is caused by a decrease in short‑run aggregate supply…
A: When Aggregate demand in the economy is significantly greater than aggregate supply then prices…
Q: Unanticipated inflation Unanticipated inflation penalises: A. those earning incomes that are…
A: Unanticipated inflation can be defined as the increase in general rise in price more than the…
Q: If you are hired by an organization, you would be least hurt by inflation if Group of answer choices…
A: Here answer is "Your employer has a cost-of-living adjustment clause in the employment contract"
Q: nflation targeting focuses on setting a specific level of money supply that shall result to a…
A: Answer to the question is as follows:
Q: Indexation the automatic correction by law or contract of a dollar amount for the effects of…
A: Organizations and governments use indexation as a mechanism or strategy to link pricing and asset…
Q: During the 1990s, price increases slowed down (inflation rate was declining). This situation is an…
A: The increase in the price causes the value of money to decline and decrease in the purchasing power…
Q: True or False, then justify your response with practical economic examples: Inflation is always…
A: Inflation refers to the general increase in the price of all the final goods and services produced…
Q: Price stability is: The goal of maintaining fair prices for consumers by keeping markets…
A: Inflation is defined as the rise in the average price level of commodities and services in the…
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- After an unexpected ________ in the price of oil, the long-run adjustment decreases the price level and ________ the unemployment rate as they return to their original levels. Select one: a. increase; decreases b. decrease; increases c. increase; increases d. decrease; decreases Note:- Please refrain from offering handwritten solutions. Please ensure that your response maintains accuracy and quality to avoid receiving a downvote. Take care of plagiarism. Answer completely. You will get up vote for sure.What water price structure is most common in the United States? Group of answer choices A. Increasing block structure B. Constant block structure C. Marginal block structure D. Decreasing block structureA rising price level eliminates an excess supply of money.a. Trueb. FalseSelect one:TrueFalse Note:- Please refrain from offering handwritten solutions. Please ensure that your response maintains accuracy and quality to avoid receiving a downvote. Take care of plagiarism. Answer completely. You will get up vote for sure.
- Need solutions for question 9. Pinned BelowGlobal warming is likely to increase Question 28 options: the frequency of hurricanes for Spain and California. energy radiated from the sun. the frequency of predictable weather patterns. strength and number of hurricanes.Case: As part of the most recent collective bargaining agreement with employees, an employer must offer medical insurance at "reasonable, non-profit rates." The employer plans to self-insure in place of using a private insurance company. Statistical evidence suggests that the average household currently spends $450 per year for medical bills and $80 for health screening and routine check-ups. Administrative costs are expected to average $30 per family. The collective bargaining agreement dictates that the plan's coverages and rates be fixed for a period of two years. The auditor considers the choice of the plan to be extremely important. Consequently, the auditor has asked you to evaluate the three proposals listed below. Proposal A would charge a $350 premium with no deductible. Coverage is extended to pre-existing conditions, but to cover the non-deductible clause, health screening and routine check-ups are not covered. Proposal B charges a $250 premium with a $200…
- During the 1990s, price increases slowed down (inflation rate was declining). This situation is an example of which of the following?Choose one answer. Stagflation Deflation Inflation d. Disinflation14 ________ is considered as a part of microeconomic analysis. a. Studying the determination of equilibrium price level b. Investigating the behavior of a consumer c. Estimation of gross domestic product of a country d. Analyzing the problem of inflation and unemploymMultiple choice answers A) shift to schedule A and remain at $500 B) rise from $440 to $500 C) rise from $500 to $620 D) fall from $500 to $440
- The price for some intra-Asia container shipping services, such as the container shipping fee for China-to-Singapore freight, raised up to five-year high in mid-November 2020. Some Singapore consumers believed that annual major promotion of leading ecommerce sites in China and Singapore, especially the double-11 shopping festival, caused the rapid increase of China-to-Singapore container shipping cost. However, others speculated that there might be some supply-side changes causing the spike in sea shipping rate.Search and collect information regarding changes in the Asian container shipping market from at least two news articles. Apply the supply-and-demand theory to analyse the change of short-run market equilibrium. Based on your findings evaluate the gain or loss of consumer surplus, producer surplus and total surplus. You must use appropriate market diagrams to illustrate and interpret your findings.Question: Demand-pull inflation occurs when: A) Costs of production decrease B) Aggregate demand exceeds aggregate supply C) Consumer savings increase D) Government spending decreasesA survey of professional economists revealed that more than three-fourths of them agreed with a number of statements, including which of the following? Question 8 options: a) Tariffs and import quotas usually reduce general economic welfare. b) A large federal budget deficit has an adverse effect on the economy. c) Minimum wage increases unemployment among young and unskilled workers. d) All of the above are correct.
