Want this question answered?
In the short run, equilibrium GDP is the level of output at which output and aggregate expenditure are equal
It is the output of an economy that equates aggregate supply with aggregate demand.
This is known as the recessionary gap
taxes indirectly decrease Y, it does this by decreasing consumption
The equilibrium wage falls and the equilibrium quantity of labor rises
must be smaller thean the price effect
In the short run, equilibrium GDP is the level of output at which output and aggregate expenditure are equal
It is the output of an economy that equates aggregate supply with aggregate demand.
This is known as the recessionary gap
taxes indirectly decrease Y, it does this by decreasing consumption
The equilibrium wage falls and the equilibrium quantity of labor rises
equilibrium conversion is that which is at equilibrium concentration
The equilibrium price is the unit cost, which is the same as the total cost divided by the number of units produced (output).
equlibrium output and employment
single possible output for a given input
A deterministic finite automaton will have a single possible output for a given input. The answer is deterministic because you can always tell what the output will be. A nondeterministic finite automaton will have at least one input which will cause a "choice" to be made during a state transition. Unlike a DFA, one input can cause multiple outputs for a given NFA.
A deterministic Finite Automata)DFA will have a single possible output for a given input.The answer is deterministic because you can always feel what the output will be.A (Nondeterministic Finite Automata)NFA will have at least one input which will cause a "choice" to be made during a state transition,unlike a (deterministic Finite Automata)DFA one input can cause multiple outputs for a given (Nondeterministic Finite Automata)NFA.