Stock Markets Exposed
Economics Question 1. Suppose there is a stock market crash in Japan. Using a well-labeled graph show the?
effect in the short run on the equilibrium price level in the USA, equilibrium Real GDP in the Unites States of America, equilibrium unemployment rate in the Unites States of America? My answers Equilibrium price level decreases in the USA, equilibrium Real GDP in the USA decreases, equilibrium unemployment rate in the Unites States of America increases. ADC moves to the left(L) ASC stays the same Question 2. Mexico's stock market is going under and the President of the Unites States gives $30 billion dollars to Mexico. Using a well labeled graph show the effect in the short run Unites States of America price level, Real GDP, and unemployment rate, when Mexico is going under, why should we give them $30 Billion dollars? My Answers Decrease in the short run Unites States of America price level, Real GDP decreases, and the unemployment rate increases when Mexico is going under. We should give the $30 billion dollars because Mexico is a resource. ADC moves to the L ASC stays the same
Public Comments
- How is someone going to give you a well-labeled graph on Answers?
