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When the economy goes into a recession real GDP and unemployment?
When the economy enters a recession, real GDP typically declines as consumer spending and business investment decrease, leading to reduced economic activity. As a result, unemployment tends to rise because companies may lay off workers or halt hiring in response to lower demand for goods and services. This cycle can create a feedback loop, where rising unemployment further depresses consumer spending, exacerbating the recession.
A new firm successfully enters a three-firm Cournot Oligopy without changing the demand and cost structures. The new price becomes?
When a new firm successfully enters a three-firm Cournot oligopoly, the number of firms in the market increases to four. This typically leads to an increase in total quantity produced, which results in a decrease in the market price, assuming demand remains constant. The new equilibrium price will be lower than the previous price set by the three firms, reflecting the increased competition and supply in the market. As a result, all firms may experience reduced profits, depending on their cost structures.
When a second firm enters a monopolist's market what will the initial demand curve facing the monopolist do?
shift to the left.
Explain what is meant by a built-in stabilizer?
In macroeconomics, automatic stabilizers describes how modern government budget policies, particularly income taxes and welfare spending, act to dampen fluctuations in real GDP.The size of the government budget deficit tends to increase when a country enters a recession, which tends to keep national income higher by maintaining aggregate demand. There may also be a multiplier effect. This effect happens automatically depending on GDP and household income, without any explicit policy action by the government, and acts to reduce the severity of recessions. Similarly, the budget deficit tends to decrease during booms, which pulls back on aggregate demand. Therefore, automatic stabilizers tend to reduce the size of the fluctuations in a country's GDP.
Measures to control of business cycles?
Business cycles can be controlled by appropriate fiscal policy and monetary policy. When the economy enters the recessionary phase, government spending should be increased (fiscal policy measure). This includes infrastructure projects, subsidies to productive sectors, etc. When infrastructure projects are undertaken, there is requirement of labor (when roads are built, construction labor is required), which leads to employment. Also supplies of cement, iron, steel, etc is required. The production of these commodities increase. People start earning wages. They earn, and so they consume more. As a result of which economy enters into expansion phase. Thanks to subsidies, cost of production goes down. The producers can offer products at lower cost. When the economy enters expansionary phase which is above the normal growth path, monetary measures by Central banks are effective. The central bank tries to reduce the money in circulation with its open market operations and by increasing Reserve requirements. Basically contractionary monetary or fiscal measures are used to deal with high growth and inflation, while expansionary monetary or fiscal policy for recession.
When a wave travelling in air enters into a waveguide The phase velocity will increase?
When a wave enters a waveguide from air, the phase velocity will decrease. This is because waveguides typically have a higher refractive index than air, causing the wave to slow down as it enters the waveguide.
What is used to increase or decrease voltage that enters a house?
A transformer can be used, either a step-up or step-down transformer, to deliver the power at a different voltage from the normal supply voltage.
What happens to the wavelength of the wave as it passes into Medium 2?
The wavelength of the wave can change as it passes into Medium 2, depending on the refractive indices of the mediums. If the wave enters a medium with a higher refractive index, the wavelength will decrease. If it enters a medium with a lower refractive index, the wavelength will increase.
Where can one find a BTU calculator?
One can find a BTU calculator on Calulator dot net. On this site, one just enters the room specifications, the temperature one wants to increase or decrease, and then presses calculate.
When the economy enters a recession what normally happens?
the banks go bust, yea
A new firm successfully enters a three-firm Cournot Oligopy without changing the demand and cost structures. The new price becomes?
When a new firm successfully enters a three-firm Cournot oligopoly, the number of firms in the market increases to four. This typically leads to an increase in total quantity produced, which results in a decrease in the market price, assuming demand remains constant. The new equilibrium price will be lower than the previous price set by the three firms, reflecting the increased competition and supply in the market. As a result, all firms may experience reduced profits, depending on their cost structures.
Why does refrigerant pressure decrese when charging as vapor?
When charging refrigerant as vapor, the refrigerant is added to the system in its gaseous form. As the vapor enters the system, it needs to condense into a liquid in order to increase the pressure. This condensation process causes the pressure to decrease initially before the pressure starts to rise as more vapor enters and condenses into liquid form.
When water leaves a plant cell the osmotic pressure will increase of decrease?
When water leaves a plant cell, the osmotic pressure inside the cell will increase because there will be a higher concentration of solutes relative to water. This increase in osmotic pressure leads to plasmolysis, where the cell membrane shrinks away from the cell wall.
Why a stream discharge increase?
Stream discharge would increase if additional water enters it, such as from a rain storm or from melting snow.
When a second firm enters a monopolist's market what will the initial demand curve facing the monopolist do?
shift to the left.
Is more energy enters a system then leaves it just causes a what?
If more energy enters a system than leaves it, it causes an increase in the internal energy of the system. This could lead to an increase in temperature, changes in pressure, or other internal changes depending on the nature of the system.
When the light enters a denser medium what happens to the wavelengths?
The denser an object is, the slower a wave will travel through it because the wave will interact (collide!) with more molecules. Each collision will serve to slow down the wave of light. Therefore, the wavelength will increase, becoming longer.
