In a general equilibrium Answer: A. supply equals demand for all goods and markets only in the persent time as we don't know what happens in the future. B. prices are exogenous because the wage rate is fixed by unions. C. supply equals demand for the goods market but not for the labor market because the model needs to take into account that unemployment exists in the real world. D. supply equals demand for all goods and markets in all periods.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In a general equilibrium Answer: A. supply equals demand for all goods and markets only in the persent time as we don't know what happens ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Jillis interested in a career as a paramedic. She is trained to use medical equipment, she remains calm under pressure, and she has good bedside manner.
Answers (1)
On August 1, Steffen Computers, Inc. purchased thirty computer chips on account from a company located in Taiwan for 520,000 Taiwan dollars. On that date the Taiwan dollar is worth $0.034 On September 1, when the Taiwan dollar was worth $0.
Answers (1)
Agent Pam receives an offer on one of her listings for less than the asking price. The home has been listed for several months; so Pam does a CMA and determines that the offer is more than reasonable in today's market.
Answers (1)
Team members will then enter into a discussion on the Team Discussion Board of these transactions, the applicable tax rates, and the Davis critique of government regulations and tax policies applicable to them.
Answers (1)
Why is the demand to borrow positively related to the rate of economic growth? Lenders obtain additional wealth. The incentive to invest is enhanced by economic growth. It increases the opportunity cost of borrowing.
Answers (1)
New Questions in Business
Natalie has an easement to drive across Donald's road. Which of the following circumstances would terminate this easement? A. Sale of Natalie's propertyB. Sale of Donald's propertyC. Revocation of the easement by DonaldD.
Answers (1)
In a basic AD-AS model, if the economy is at the equilibrium on the far left of the potential real output level, then a contractionary monetary policy will
Answers (2)
What is the most common work-related hazard for a room attendant
Answers (1)
What may happen if the threaded heating element in percolator is not very tightly mounted
Answers (1)
Cole is refinishing an antique china cabinet and has already spent $180 on the restoration. He expects to be able to sell the cabinet for $360.
Answers (1)