Suppose the level of structural unemployment increases. How would you illustrate the increase in structural unemployment in
Question:
Suppose the level of structural unemployment increases. How would you illustrate the increase in structural unemployment in the AD/AS model?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (5 reviews)
In the Aggregate DemandAggregate Supply ADAS model structural unemployment is related to the longrun aggregate supply LRAS curve because it represents ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
In Chapter 9 we showed how a shift in demand could be analyzed using a model of a single market. How would you illustrate an increase in the demand for good X in the general equilibrium model...
-
1. In the classical model, it is thought that the long-run: A. and short-run aggregate supply curves are both upward sloping. B. aggregate supply curve is vertical and the short-run aggregate supply...
-
Q Ltd prepares accounts to 31 March each year. The company made the following two disposals of chargeable assets during the year to 31 March 2021: (1) 1,250 shares in Hentic Ltd were sold on 28 June...
-
Momentum Bike Repair Shop has budgeted the following time and material for 2011. Momentum budgets 3,000 hours of repair time in 2011 and will bill a profit of $8 per labor hour along with a 20%...
-
Victoria Oilfield Equipment is a supplier of drilling equipment for oil and gas exploration. Its headquarters is located near Houston, Texas. The company has seven offices and warehousing facilities...
-
Standard costing is more about control than motivation. Do you agree with this statement? LO1
-
The following are selected 2014 transactions of Pedigo Corporation. Jan. 1 Purchased a small company and recorded goodwill of $150,000. Its useful life is indefinite. May 1 Purchased for $75,000 a...
-
The comparative statements of financial position for Marwa Ltd . at December 3 1 , 2 0 2 4 and 2 0 2 3 , are presented below: Comparative Statements of Financial PositionAs at December 3 1 2 0 2 4 2...
-
If foreign wealth-holders decide that the United States is the safest place to invest their savings, what would the effect be on the economy here? Show graphically using the AD/AS model.
-
If Congress cuts taxes at the same time that businesses become more pessimistic about the economy, what is the combined effect on output, the price level, and employment using the AD/AS diagram?
-
Are the following events recorded in the accounting records? Explain your answer in each case. (a) The president of the company dies. (b) Supplies are purchased on account. (c) An employee is fired.
-
Your company has been quite successful in sending employees on international assignments. As the HR Manager responsible for selecting such employees, present a report to the management of your...
-
You will be looking at a particular market in the economy. I will assign the market to you arbitrarily. Please look for at the end of this document to identify which market you will be responsible...
-
How has face book influenced political candidate's electoral success? What is the relationship between social media technology called face book and electoral success?
-
1. Discuss the international strategies that organizations can pursue 2. Identify and compare the various modes of of foreign market entry 3. Analyse the industry market 4. Evaluate relevant macro...
-
A bulk carrier was underway. The vessel was in ballast and hold washing was scheduled in preparation for taking the next cargo. An officer, bosun, and another deck crew conducted a risk assessment...
-
Let R be the rectangle with vertices (1, 1), (1. 4), (3, 1), and (3, 4). Let f be the shear in the x-direction with k = 3. Find and sketch the image of R.
-
Assume that your audit team has established the following parameters for the examination of ELM's sales transactions: LO G-3 Risk of incorrect acceptance...
-
What are the characteristics associated with traditional entrepreneurship?
-
What is the connection between an action plan and a framework? How are they different?
-
Why are action plans useful in the development or improvement of a venture?
-
Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income...
-
Fill out the Ledgers Fall 2020 - Practice Set Instructions: 1. Prepare journal entries to record external transactions. 2. Post journal entries to general ledger T accounts. 3. Prepare journal...
-
Should an ice cream shop with demand peaking during the summer months use the Economic Order Quantity Model or the JIT inventory model? Explain with examples.
Study smarter with the SolutionInn App