What determines the decrease in aggregate demand resulting from a decrease in durable goods orders? U.S. durable
Question:
What determines the decrease in aggregate demand resulting from a decrease in durable goods orders?
U.S. durable goods orders slump most in three years, the Commerce Department reported that orders for U.S. durable goods fell in January by the most in three years. Orders for commercial aircraft and business equipment fell most. Machinery orders dropped 10.4 percent.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 37% (8 reviews)
The decrease in aggregate ...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Economists have used the basic framework of aggregate demand and supply analysis to explain recessions. Recessions can occur either when there is sharp decreases in aggregate demand a leftward shift...
-
Use the information given at the start of problem 1. (a) Suppose that autonomous planned spending decreases by 1,000 billion so that Ap = 4,000. Explain if this decrease is the result of increased...
-
1. The long-run aggregate supply curve is _____ (vertical/horizontal). 2. A decrease in material costs will shift the short-run aggregate supply _____. 3. Using the long-run aggregate supply curve, a...
-
Suppose a city finds that its express highways into the city are congested and it is considering two remedies: (1) imposing a congestion charge on all users of its expressways during the peak periods...
-
Explain the differences between conventional and self-managed teams.
-
Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Required: 1. Compute the activity rate...
-
Helman pIe is a diversified company having, among others, major interests in the mechanical, civil and structural engineering industries and in motor pump manufacturing. The motor pump division is a...
-
Lincoln Company purchased merchandise from Grandville Corp. on September 30, 2011. Payment was made in the form of a noninterest-bearing note requiring Lincoln to make six annual payments of $5,000...
-
Question 1 (50 marks) A well-organized database is pertinent being a central repository with Industry 4.0 being the forefront of most systems. Identify and discuss TEN (10) fundamentals of...
-
An exercise advocate wants to determine the effect that walking rigorously has on weight loss. The researcher recruits participants to engage in a weeklong study. The researcher instructs...
-
Calculate saving at each level of disposable income. Over what range of disposable income does consumption expenditure exceed disposable income? Calculate autonomous consumption expenditure. The...
-
Explain the process by which a decrease in durable goods orders at a constant price level changes equilibrium expenditure and real GDP. U.S. durable goods orders slump most in three years, the...
-
Russell Freight-way provides freight service. The companys balance sheet includes Land, Buildings, and Motor-Carrier Equipment. Russell uses a separate accumulated depreciation account for each...
-
(c) Data Table 2 shows data taken in a free-fall experiment. Measurements were made of the distance of fall (19 at each of four precisely measured times. Complete the table. Use only the proper...
-
Seven Sages, LLC made $400,000 is sales during the month of July, of which 30% constituted cash sales. The remaining amount were sales made on credit. In August, sales on account totaled $300,000,...
-
Discuss your organizationscorporate, business and functional strategies. How does each general level of strategy relate to human resource management? If you are currently unemployed, you can research...
-
Respond to the following questions: What are the qualifications for licensure in your state? What is the scope of practice for your state? In other words, what are nurses allowed to do/expected to do...
-
Consider the following subset of the real number line -3 How can this set be expressed using inequalities? 1
-
The Rockwell Corporation uses a periodic inventory system and has used the FIFO cost method since inception of the company in 1982. In 2021, the company decided to change to the average cost method....
-
What is the difference between adsorption and absorption?
-
Suppose that the government redistributes income by taxing the 60 percent of households with the highest market incomes 10 percent, then distributing the tax collected as an equal benefit to the 40...
-
Suppose that the government redistributes income by taxing the 60 percent of households with the highest market incomes 10 percent, then distributing the tax collected as an equal benefit to the 40...
-
Suppose that the government redistributes income by taxing the 60 percent of households with the highest market incomes 10 percent, then distributing the tax collected as an equal benefit to the 40...
-
Southern Comfort company reported net income equal to $100. The company reported no depreciation expense but did report a loss on the sale of equipment equal to $5. In addition the balance sheet...
-
All of the following are examples of unethical behavior except: 1. Hiring your unqualified brother-in-law because he is a family member 2. Inflating the firm's earnings in-order-to improve earnings...
-
Presented below is information related to Aquinas Co.: Retained earnings, December 31, 2021 $ 750,000 Sales revenue 1,405,000 Additional paid-in-capital 220,000 Loss on sale of equipment 18,000...
Study smarter with the SolutionInn App