Complete the sentences with the correct terms.

Demand–pull inflation occurs when _____1_____ increases until equilibrium output exceeds the full employment level. For instance, this can be caused by an increase in _____2_____. Temporarily, both aggregate output and _____3_____ increase, as resources are beyond capacity. Eventually, the economy returns to long‑run equilibrium when _____4_____ decreases until it and aggregate demand intersect at the same point on the ____5______ curve. Finally, _____6_____ returns to its full-employment level, and _____7_____ again increases.

WORD BANK
long-run aggregate supply
short-run aggregate supply
consumer spending
aggregate output
aggregate demand
the aggregate price level

Answers

Answer 1

Answer:

Demand pull inflation occurs when aggregate demand increases until equilibrium output exceeds the full employment level. For instance this can be caused by an increase in consumer spending. Temporarily both aggregate output and the aggregate price level increase as resources are beyond capacity. Eventually the economy returns to long-run equilibrium when short-run aggregate supply decreases until it and aggregate demand intersect at the same point on the long run aggregate supply curve. Finally, aggregate output returns to its full employment level and the aggregate price level again increases.

1. aggregate demand

2. consumer spending

3. the aggregate price level

4. short-run aggregate supply

5. long-run aggregate supply

6. aggregate output

7. the aggregate price level

Explanation:

Demand–pull inflation is caused by an increase in aggregate demand that results in an equilibrium aggregate output that is beyond an economy's full employment level of aggregate output. This can be caused by any substantial increase in the components of aggregate demand, including consumption, business investment, government spending, or net exports.

Initially, the economy will reach an equilibrium in which the new AD curve intersects the upward‑sloping short‑run aggregate supply curve. In this question, both the equilibrium aggregate output and the price level increase beyond the full employment equilibrium levels.

However, the increase in production is not sustainable in the long run. Rising prices and falling unemployment can lead to increases in the wages firms must pay, which causes the short‑run aggregate supply curve to shift to the left. Eventually, the economy will arrive at the equilibrium point where the new AD curve intersects the long run aggregate supply curve and the new short‑run aggregate supply curve at the same point.

Aggregate output returns to the economy's full employment level, and the aggregate price level increases further.


Related Questions

wealth,energy consumption,popluation size, and growth are

Answers

Answer:

That is, for a 20% increase in population size, energy consumption increased by 43.6%; conversely, for a 20% decrease in population size, demand for energy decreased by 44.6%.

Explanation:

Brainliest To Whoever gets it right!!!!

Which parts of your body are
important when you want to send a positive message?
O Eyes
O Hands
O Earth
O All of the above

Answers

I think it’s Eyes…………….z

Explain in paragraph form what taxes are and on what types of things we tax.

Answers

Answer:

The answer is

We tax/use regular taxes.

Explanation:

Taxes are from the government each month who are in need of money. Taxes are always used. If someone decides to stop paying taxes for a while, then it is considered tax fraud. Tax fraud can get you arrested for a good while so I wouldn't risk doing it. Most taxes from the government are the ones we recieve each month when paying our homes. Some other taxes that we usually have to pay is when buying food. For example, if I were to buy a Hotdog at Costco for $1.50, usually sometimes it comes with an extra $0.80-$1.20, depends where you live.

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Submitted on: 4/8/2022 at 1:40 PM

Taxes are a charge of currency from the government. Some things we get taxes on are scholarships, social security, and some large items that you can buy. We have to pay taxes for many reasons. Taxes get used by the government for improving roads, schools, and a bunch of public services. The government can use your tax money to pay unemployed people, help people with disabilities for their medical bills, etc. The government will also use taxes for your debt.

Which statement best describes voting rights in the original 13 states?
A.
Only men who were Revolutionary War veterans could vote in all 13 states.
B.
Only men, regardless of race could vote in all 13 states.
C.
Only white, Protestant men could vote in all 13 states.
D.
Only white men who lived in one of the largest cities could vote in all 13 states.

Answers

Answer:

C

Explanation:

Only white, Protestant men could vote, the majority of Catholic and Jewish men weren't allowed to vote, as well as you know, everyone else.

why are effective follwers as important as effective leaders?​

Answers

A follower can provide strength to the leader by supporting the leader and by contributing to the organization in areas that complement the leader's position.

How many major biomes are there on the earth?
A) 5

B) 10

C) 15

D) 20
plsss help!!!

Answers

Answer:

c

Explanation:

Answer:

A. 5

Explanation:

They are;

aquatic, grassland, forest , desert and tundra

Which of the following is not a program managed as part of fiscal policy?

Corporate taxes

Unemployment benefits

Social Security

Mortgage rates

Answers

Mortgage rates

Fiscal policy refers to changes in government spending and taxation designed to affect aggregate expenditure. As Social Security, unemployment benefits, and corporate taxes all impact overall spending, they can be utilized as part of fiscal policy. Monetary policy refers to actions by the central bank to manipulate the money supply and thereby control interest rates. Mortgage rates is that’s affected by monetary policy, not fiscal policy.

This event took place in western Hemisphere from July 26 1953, January 1, 1959 resulting in the overthrow of Fulgencio Batista and the creation of a communist government.

Answers

Answer:

This event is the Cuban Revolution

To which region did people migrate to find gold in 1849? ​

Answers

In 1849 gold was discover in California so everyone migrated there. This transformed the landscape and population of California.
Hope this helps.

ANNEXURE A: INTERVIEW GUIDE TO MEMBERS OF THE SCHOOL COMMUNITY: One of the major factors that can influence substance abuse among young boys in our schools is the availability of substances in our communities 1. What initiatives are you implementing as an institution to address substance abuse? 2. What do you think is the role of media in addressing substance abuse with special reference to television and social media platforms? 3. What is your opinion on this statement? "Addiction to alcohol/drugs can lead to gender based violence" (Justify your answer). Busca​

Answers

1. The initiatives implemented to address substance abuse include

Information disseminationPrevention educationProblem identification.

2. The role of media, mainly television and social media platforms, in addressing substance abuse is information dissemination about the consequences.

3. I agree that "addiction to alcohol/drugs can lead to gender-based violence," having played roles in ending substance abuse in my community.

What is gender-based violence?

Gender-based violence refers to violent actions against a person because of the other person's gender.

Gender-based violence can also refer to the violence that disproportionately affects persons of a particular gender.

Thus, by ensuring that substances are not available in the communities surrounding the institution, substance abuse can be effectively addressed.

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Compare and contrast land which has undergone desertification to ecosystems which harbor natural deserts. How can the apparently life-promoting act of irrigation eventually have the opposite effect?

Answers

A natural desert refers to an ecosystem which is a large and dry land area which has little to no vegetation.

What is Desertification?

This refers to the gradual process of land turning into a desert due to several factors.

Hence, we can see that irrigation can help to slow down or even reverse the effects of desertification of a piece of land, but also planting of trees is needed in order to keep a place from turning to a desert.

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In what way(s) does GDP per capita not provide an accurate representation of living standards? SELECT ALL THAT APPLY.

- GDP per capita does not measure production that occurs outside of the market economy.
- GDP per capita does not account for how people distribute their time between work and leisure.
- GDP per capita does not account for changes in environmental quality.
- GDP per capita does not account for all final goods and services sold in markets.

Answers

Answer:

GDP per capita does not measure production that occurs outside of the market economy.

GDP per capita does not account for how people distribute their time between work and leisure.

GDP per capita does not account for changes in environmental quality.

✗ GDP per capita does not account for all final goods and services sold in markets.

Explanation:

Although GDP per capita is useful as a rough indicator of living standards in a country, it ignores certain factors that can be quite important. In particular, it ignores anything that lacks a market price. Notable ommissions thus include leisure time, environmental quality, and nonmarket economic activities.

GDP per capita does account for all final goods and services sold in markets. So that option is not correct. GDP is just a growth indicator of an economy. It doesn’t take any major factors like literacy, distribution of income, standard of living etc. into account.

Research and identify a country of interest and explain how its resources and climate are affected by its position on Earth.

Answers

Answer:

There are many different natural resources found in Europe. These include wood, soil, water, fish, natural gas, coal, and iron. The resource of fish and water can be found in the Mediterranean Sea

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mark brainliest if you want

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Answer:

Mexico is divided by the Tropic of Cancer, which means that, due to the angle of the sun's rays, the temperature is cooler in the northern half and warmer in the southern half, bringing temperate and tropical climate respectively. Hurricanes frequently affect the coasts. Due to the varying climates, the ecosystems are diverse and abundant with large tropical rain forests. Due to the abundance of resources, this country is known for exploitation of its resources, especially deforestation due to agricultural production of major food sources, such as avocadoes, coffee, chocolate, vanilla, and chilies.

Explanation:

plato

What were the main results of the French and Indian War? Select two correct responses.

Answers

Answer:

great Britain ended up with a lot of territorial gains, there was a lot of war debt and land destruction, it also eventually lead to the American revolution.

Explanation:

Answer:

The war provided Great Britain enormous territorial gains in North America, but disputes over subsequent frontier policy and paying the war's expenses led to colonial discontent, and ultimately to the American Revolution.

Explanation:

The French and Indian War began in 1754 and ended with the Treaty of Paris in 1763.

Why shouldn't young people cohabit ?​

Answers

Answer:

Marriage is a big commitment, there's no doubt about it. It's natural to be a little nervous before jumping in. But the trends and recent studies suggest that more people today seem not only anxious about the prospect of marriage, they are shunning it. Of the various ways in which one can forge a family (marriage, cohabitation, or having a child without being married), cohabitation has become the most common.

One reason for this increased interest in cohabitation over marriage may not be the fear of the union itself, so much as a concern for the possibility of its collapse. In other words, it may be the looming prospect of divorce that's driving more people to choose the question "Will you move in with me?" over "Will you marry me?"

Explanation:

In one to two sentences, explain how “American Progress” reflects the times during which it was created.

Answers

Answer:

Gast uses his painting to tell the message that the United States is destined to expand West. Technology, such as railroads and telegraph wires, is moving west as well as many people. Gast is trying to encourage interest in moving west.

Explanation:

American Progress was the reflects the times during is created are westward expansion and the new technology.

What is American Progress?

The term American Progress was the important point are the economic and social issues. American Progress was the founder of the John Podesta. It was the founded on the 2003. It was the main headquarters was the Washington, D.C., United States.

American Progress was painted for folks who were unsure whether to travel west. Last's artwork conveys the concept that the United States is doomed to expand westward. The railroads and telegraph were developed by modern technology.

As a result, the conclusion of the American Progress was the reflects the times during is created are westward expansion and the new technology are the aforementioned.

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Which of the following best describes the United States?

______________________________________________________

It has a market economy with no government regulation. This is the only system that can work with a government run by the people.

_______________________________________________________

It has a command economy. A large nation like the United States needs the government to control all growth of business to prevent problems.

_______________________________________________________

It has a traditional economy. Most communities are focused on providing their own needs with the resources available in the local area.

_______________________________________________________

It has a mixed economy. The government protects individual rights, such as minimum pay for work and choices in goods and services.

Answers

Answer:

I think it's the last one.

Explanation:

What is the capital of New Mexico? (3 points)

a
Santa Fe

b
Salem

c
Austin

d
Juneau

Answers

the capital of new Mexico is

Explanation:

Santa Fe

Answer:

What is the capital of New Mexico?

Explanation:

Santa Fe

give any four importance of being committed to the family​

Answers

Answer:

Families are stronger when members are hitched together as one owing to their shared affiliation with God. A shared commitment to God's word can provide families with a sense of meaning and purpose in life which can propel them to stay together. They can achieve the right perspective of life's struggles and challenges.

Families are stronger when members are hitched together as one owing to their shared affiliation with God.

What is Family?

A group of individuals related by blood, marriage, or adoption.

A family usually consist of the parents and their children and people who are tied to the parents and children and together by blood or marriage. Family composition is the people who make up a families, this amount of members, the peoples ages, and everyone's relationship to each other.

Families are stronger when members are hitched together as one owing to their shared the affiliation with God. A shared commitment to God's word can provide families with a sense of meaning and purpose in life which can propel them to stay together. They can achieve the right perspective of life's struggles and challenges.

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Which of the sociological perspectives would you use to understand crime and the criminal justice system in America?

Answers

What are the different sociological theories of crime?

While there are many different sociological theories about crime, there are four primary perspectives about deviance: Structural Functionalism, Social Strain Typology, Conflict Theory, and Labeling Theory. Starting with these theories can provide the context and perspective necessary to better appreciate other sociological theories of crime.

Sure hope this helps you! ;)

There are four sociological perspectives use to understand crime and criminal justice system in America:

- Structural Functionalism

- Social Strain Typology

- Conflict Theory

- Labeling Theory

What is crime in Sociology?

Crime under sociology is defined as the study of social deviance and violation of established norms.

Most common types of crime under Sociology is:

- Violent crime

- Property crime

- White-collar crime

- Organized crime

- Consensual or victimless crime

Four primary sociological deviance are:

- Structural Functionalism:

Structural Functionalism argues deviant behavior plays an important part in society bringing together different parts of the population within a society. Deviance helps to demarcate limitations for acceptable and unacceptable behavior and serves to affirm our cultural values and norms.

While deviant behavior can throw off social balance, society may adjust social norms in the process of restoring that balance.

In other words, deviant behavior can then contribute to social stability in the long term because it challenges norms while promoting social cohesion

- Social Strain Typology:

Social Strain typology proposes that deviant behavior can be classified by typology  based on a person’s motivations or adherence to cultural objectives and beliefs about how they can obtain those goals.

The main “types” of social deviance being: ritualism, innovation, rebellion, ritualism, retreatism, and conformity.

This theory also suggests that people can turn towards deviant behavior while pursuing accepted social values/goals.

-Conflict Theory:

Conflict Theory views deviant behavior as a consequence of material inequality between various socio-political groups. Those groups might be drawn along the lines of gender, religion, race, class, and so on.

Each sociopolitical group has a tendency to perceive its own interests in completion with others.

Groups that find themselves in an unequal social position in society will be inclined to deviant behavior to change those circumstances, including the structures which helped create them.

-Labeling Theory:

Labeling Theory argues that deviant behavior is often a consequence of having a deviant-like label applied to a person.

This theory tends to focus on how people become deviant as a result of others forcing that identity upon them.

It allows us to develop a better understanding of how a person’s previous behaviors can be reinterpreted in relation to the symbolic labeling they encountered over the course of their lives.

What is Criminal Justice System of U.S.A?

A criminal justice system is an organization that exists to enforce a legal code. There are three branches of the U.S. criminal justice system: the police, the courts, and the corrections system.

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how Cyber savvy campaigns could overcome public apathy to deal with human rights violations​

Answers

Cyber campaigns can help overcome public apathy in dealing with human rights violations by reaching large numbers of people.

How does technology influence democracy?

Through the dissemination of information that can generate increased freedom of expression and public adherence to certain issues related to society and civil rights.

Therefore, cyber campaigns can influence the population's perception of issues related to democracy and human rights.

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Why is the effectiveness and stability of a country's financial system essential to economic growth?

The government cannot function without issuing stocks.

Households cannot save if they do not borrow money.

It allows firms to finance technological advancements, which lead to economic growth.

Firms need it to loan money to employees.

Answers

Answer:

It allows firms to finance technological advancements, which lead to economic growth.

Explanation:

Economic growth depends in part on advances in technology and the growth of capital. Both of these have a positive impact on labor productivity. When firms are able to expand their capital stock, labor productivity can increase. Investment in these resources is, however, expensive. Firms must have the ability to raise the funds necessary to finance these growth‑promoting opportunities.

At the same time, households may not desire to spend all of their current income but would prefer to put some aside for later use. Letting those funds sit idle, or forcing the households to spend the funds when they would prefer not to, does the economy no good.

Households, therefore, would be willing to let someone else use their money for a while if they were compensated for forgoing current consumption and for any risk. Firms have projects they would like to undertake but need funds to pay for them. Financial markets bring the two sides together and temporarily reallocate financial resources to where they are most needed.

Without a properly functioning financial system, firms may not be able to finance growth‑oriented investments, and economic progress would be much slower.

In a sentence provide a definition for each of the terms below. 1. stalemate 2. demilitarized zone 3. containment 4. censure 5. perjury 6. subversion 7. blacklist 8. airlift 9. inflation 10. iron curtain 11. Cold War 12. closed shop
pls help

Answers

The meanings of the words are given below.

1. Stalemate is a drawn contest.

2. Demilitarized zone is an area, agreed upon between the parties to an armed conflict, which cannot be occupied or used for military purposes by any party to the conflict.

3. Containment is the action of keeping something harmful under control or within limits.

4. Censure expresses severe disapproval of (someone or something), especially in a formal statement.

5. Perjury is the offence of wilfully telling an untruth or making a misrepresentation under oath.

6. Subversion refers to the undermining of the power and authority of an established system or institution.

7. Blacklist is a list of banned or excluded things of disreputable character.

8. Airlift is a system of transporting cargo or passengers by aircraft often to or from an otherwise inaccessible area.

9. Inflation is a hypothetical extremely brief period of very rapid expansion of the universe immediately following the big bang

10. Iron curtain is a political, military, and ideological barrier that cuts off and isolates an area

11. Cold War is a conflict over ideological differences carried on by methods short of sustained overt military action and usually without breaking off diplomatic relations

12. Closed shop is an establishment in which the employer by agreement hires only union members in good standing.

Semantics

It is the study of meanings. The dictionary or conceptual meaning is the denotative meaning.

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which statement best describes a result of the missouri compromise

Answers

Answer:

D. Limits were set about where slavery could spread in U.S. territories

Ruritania's Ministry of Economics has considered various plans to stimulate economic growth in the kingdom.

Which proposal would have the best chance of success?
a. To enhance efficiency and minimize the size of the private sector, require private firms to enter into partnerships whereby ownership of firms is split equally between the government and private owners.
b. To increase the general level of skills in the labor force, subsidize tuition to enable more people to attend college.
c. To reduce risk and encourage entrepreneurship, require the government to take control of and operate any businesses that do not earn a profit for two consecutive years, including providing salaries for the workers and managers equal to the average for that industry plus 10%.
d. To lower unemployment by discouraging layoffs, require businesses to continue paying the salary of any worker who loses his or her job until he or she finds a new one.

Which source of productivity growth does the best proposal directly influence?
a. income equality
b. physical capital
c. technology
d. human capital

Answers

Answer:

b. To increase the general level of skills in the labor force, subsidize tuition to enable more people to attend college.

d. human capital

Explanation:

Human capital refers to the accumulated skills and knowledge of a workforce. Workers can use education and experience to increase their human capital, and in doing so, increase their productivity. Economies grow when the labor force becomes more productive.

A plan to subsidize tuition to enable more people to attend college will lead to higher levels of human capital, thereby stimulating economic growth.

The remaining plans would have a negative impact on economic growth and are therefore incorrect.

A preschoolers friendships to be based on proximity. True or false?

Answers

Answer:

True

Explanation:

Since children often cannot explore on their own the location of their guardians choosing is most likely where their social life will remain.

In this unit, you learned about ancient civilizations that existed in India and China thousands of years ago. Think about these ancient civilizations. What did they have in common? What were some differences? Overall, do you think that these civilizations were more alike than they were different? Why?

Answers

Answer:

Both of these places had something in common, the largest one probably being the trades that were shared in between the two. They were both also probably ruled by Ghengis Khan. There was also differences, probably the culture was different, landscape, materials that they ha and used.

Hope this helps!


• Pick one of the specific sociological topics outlined in the following chapters of your book: Demography, Aging, Economy, Family, Religion,
Health, and Medicine, or Collective Behavior. Based on what the chapter has to say about the specific topic you choose, discuss what
research methods you think would be most applicable to studying it.

Answers

The sociological topic that has been chosen here is the economy and the research method that is used to study it would be experimental research.

What is the experimental research in economics?

The experimental method in economics helps to ensure the use of scientific experiments when testing for the choices that people make in different economic situations.

The method helps to test the new policies that the government may propose before the policies would be implemented.

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Why might some african countries use a European language as "trade language”?

Answers

They answer is because they are forced to.

It is a more common language. The country is still a colony.

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hello! pls answer this properly.
Gawain 3
Panuto: Dugtungan ng isang saknong ang tula gamit ang mga salitang
naglalarawan. Bilugan ang mga ito. Isulat ang iyong sagot sa sagutang papel.

Sa Aming Pamayanan

Ang aming pamayanan ay maituturing na huwaran,
mga mamamayan halos lahat nagdadamayan.
Sa pagpapanatili ng kalinisan lahat nagtutulungan,
upang sa aming lugar kalusugan ay maalagaan

KUKUHA LANG PO AKO NG IDEA THANKYOUU!!

Answers

Answer:

Isa ka nanaman

dinga anseran to kasi ibang country to

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To calculate acceleration you mustSelect one:multiply the force and massadd the force and massdivide the mass by the forcedivide the force by the mass Please associate the verbs in column A to the sentences in column B Write a statement that correctly describes the relationship between these two sequences: 2, 4, 6, 8, 10 and 1, 2, 3, 4, 5. I really need help on a online test right now!!!1. India experienced a Golden Age of increased trade and advances in medicine and mathematics.2. Babur founded an Indian empire where Hinduism and Buddhism were blended.3. Empress Wu Zeitan ruled during the Golden Age of China when the arts, technology, and government flourished.4. Kublai Khan united all of China and extended the Mongol Empire to its greatest extent.answer choice: Yaun Dynasty, Mughal Empire, Gupta empire, Tang dynasty 17,18,22,31,47, ... what's next PLEASE HELP DUE IN 5 MIN This map shows the tons of carbon dioxide emissions per capita for each country in 2017. Based only on this map, which of the following areas is likely targeted for the most critical emissions reduction efforts? The goal of ____ is____ - A operations, environmental B. delegation, institutional C. specialization, efficiency D. departmentalization, transparency 'religious people should always forgive those that commit crime'12 marks3 paragraphs for the statement.3 paragraphs against the statement.1 conclusion.I need this asap thankyou Given P(A) = 0.55, P(B) = 0.42 and P(AUB) = 0.639, find the value ofP(An B), rounding to the nearest thousandth, if necessary. What do you think of the existence of the UN? A good or a bad thing? Why? The soccer players were required to run 6 more laps per day than the tennis players for five straight days. If the soccer players ran 45 laps total during these days, how many laps did the tennis players run each day? Which term identifies a type of intermolecular force? Explain the many ways in which developing countries may differ in their economic, social, and political structures. Please Help !!! The figure below is made of 2 rectangular prisms. Show that the sum of the first 2n natural numbers is n(2n+1)Not really sure if theres a typo in my book or not Why should the government help poor people? Pleas help me with this and fast!Select the two correct answers.A number sentence with a missing digit is shown.12._8 > 12.5Which two numbers could be the missing digit?26940 Given the following, compute the standard cost per widget. Direct materials per unit 4 pounds Direct material cost $1.25 per pound Direct labor per unit 1.5 hours Direct labor rate $10.00 per hour Variable overhead rate $4.00 per hour Multiple choice question. $11.00 $21.00 $26.00 $20.00 Please answer the given four questions related to the market for loanable funds.1. What effect will an increase in interest rates have on the quantity of loanable funds supplied?a. Some lenders will offer more whereas others offer less.b. There will be no change in quantity supplied.c. Quantity supplied will decrease.d. Quantity supplied will increase.2. As interest rate decreases, what happens to the quantity of loanable funds demanded?a. Some borrowers will demand more funds whereas others will demand less.b. Quantity demanded will decrease.c. Quantity demanded will increase.d. There will be no change in quantity demanded.3. Which of the terms acts as the "price" in the market for loanable funds?a. interest rateb. demandc. capitald. supply4. If the projected rate of return for a project is less than the interest rate for a loan that is necessary to complete the project, how will the borrowing business act?a. The business will proceed anyway, knowing that the return is only an estimate.b. The business will not take out the loan.c. The business will demand more funds to cover the shortfall.d. The business will take out the loan.