Business, 26.03.2023 09:45 jwagner1580

Assume the economy of Country X is operating above its full-employment output level.
a. Using a correctly labeled graph of aggregate demand, short-run aggregate supply, and long-run aggregate supply, show the short-run equilibrium, labeling the equilibrium price level as PLe and the equilibrium output as Ye
b. Draw a single correctly labeled graph and show both a short-run and a long-run Phillips curve. Identify a point that could represent the short-run equilibrium in part (a) and label it as Z. c. Assume that the central bank of Country X wants the economy to be in full-employment equilibrium. If thebanking system in Country X has ample reserves, what monetary policy action should the central bank initiate?
d. Given your answer in part (c), what will be the effect of the central bank’s action on each of the following in the short run?
i. The nominal interest rate
ii. Employment. Explain.
e. Assume that the real interest rate increases in Country X. Will the international value of Country X’s currency increase, decrease, or remain unchanged on the foreign exchange market? Explain.
f. Assume that Country X’s capital and financial account balance is initially zero. Given your answer to part (e), will its capital and financial account balance now be in surplus, be in deficit, or remain at zero?

Answers

Answer from: Quest

(75years ,i believe is the correct answer.good luck

Answer from: Quest

Via: "if you are found to be supplying or dealing drugs, the punishment is likely to be tough. supplying drugs doesn’t just apply to dealers. if police suspect that you intend to share drugs with your friends, this is still considered to be supplying.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

- up to life in prison or an unlimited fine (or both) for a class a drug- up to 14 years in prison or an unlimited fine (or both) for a class b or class c drug."sorry if this was a school question, you didnt supply options so i assumed it was a personal question, which if it is, reconsider selling or having possesion of any drugs at all. i wish you the best!

Answer from: Quest

Ithink that the answer is b

Answer from: Quest

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Assume the economy of Country X is operating above its full-employment output level.
a. Using...