Monday
April 21, 2014

Homework Help: Macroeconomics

Posted by Cody on Tuesday, June 19, 2012 at 2:57pm.

Describe how each of the following will affect the equilibrium price level(P) and real output(Y) in the short run(Assume the economy is initially in the long-run equilibrium.)
(a) A reduction in the real interest rate
(b) A widespread fear of deep recession on the part of consumers
(c) An increase in the average wage rate

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

macroeconomics - 1. Which of the following is least likely to affect an economy...
BIO 100 - Write a 200-300 word response addressing the following points: What is...
Health - 11). Describe how each of the following influence affect your behavior...
Economics - Describe two factors that affect labor supply and two factors that ...
Macroeconomics - How does the existence of money affect efficiency and equity, ...
Macroeconomics - How does the existence of money affect efficiency and equity, ...
social studies - 1) how did the fact that fur trading companieswere econimic ...
Macroeconomics - Describe the significance of supply and demand to members of ...
macroeconomics - As an economist, you have been asked to write a letter to a ...
fuctional english level 2 - Describe three scenarios where stress can build up ...

Search
Members