Business, 17.06.2020 19:57 Hockeypro1127

Assume the U. S. economy is initially in short-run and long-run equilibrium, as shown in the graph below. Now suppose the federal government increases the amount it spends on health insurance coverage for people in the economy. This additional government coverage does not crowd out any employer coverage. a. Use the graph provided to show the effects on the short-run equilibrium as a result of this change in government spending. b. Draw the appropriate new AD curve or AS curve from the change in government spending. Instructlons: Use the tool provided 'New Curve' to plot the appropriate line. After placing the curve, double click or tap the question marks next to it and choose whether to label the curve as AD1 or AS1 from the dropdown AD and AS in the United States Tools LRAS AS New Curve AD

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 20:30

Andrew cooper decides to become a part owner of a corporation. as a part owner, he expects to receive a profit as payment because he has assumed the risk of - serious inflation eroding the purchasing power of his investment.- being paid before the suppliers and employees are paid.- losing his home, car, and life savings.- losing the money he has invested in the corporation and not receiving profits.- the company giving all of the profits to local communities

Answers: 2

Answer

Business, 21.06.2019 22:50

The winston company estimates that the factory overhead for the following year will be $1,250,000. the company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 50,000 hours. the total machine hours for the year were 54,300. the actual factory overhead for the year were $1,375,000. determine the over- or underapplied amount for the year.

Answers: 1

Answer

Business, 22.06.2019 01:40

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

Answers: 1

Answer

Business, 22.06.2019 06:30

Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies

Answers: 1

Answer

You know the right answer?

Assume the U. S. economy is initially in short-run and long-run equilibrium, as shown in the graph b...

Questions