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Macroeconomics - Week #2 Assignment Demand and Supply Exercises Directions: Fill in the boxes (QD, QS, D, S, P, Q) in the next three demand
Macroeconomics - Week #2 Assignment Demand and Supply Exercises Directions: Fill in the boxes (QD, QS, D, S, P, Q) in the next three demand and supply exercises. Based upon the event, what can we expect to occur for the market? Use a "0" (zero) if nothing will occur for that particular variable, a "+" (plus) if an increase, or a "-" (negative) if a reduction. QD stands for Quantity Demanded, QS for Quantity Supplied, D for Demand, S for Supply, P for Price, and Q for Quantity. Click here for the editable version of this assignment. Market Event Automobile windshields Toyota. GM. and Ford Price plan to increase production due to hugher demand expectations D Quantity QD QS S P Gasoline One of the major Price refineries in the Gulf in the U S is shut down for repairs due to fire D Quantity OD OS D S P Rental Units Government price Price in New York City ceiling on rental units for low-income housing Quantity OD OS D S
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