Economics CC 2 Sec ON 1 Economics CC 2 Sec ON 1

Economics CC 2 Sec ON 1 Week 7 Quiz | chatbot las positas community collegeQuestion 1 Increases in the burdens of government regulations can make production more costly for producers, shifting the short run aggregate supply curve left; it can also reduce potential output, shifting the long-run aggregate supply curve left. · True · False Question 2 The short-run equilibrium level of real output and the price level are determined by the

Economics CC 2 Sec ON 1 Week 7 Discussion |chatbot las positas community collegeDiscussion Topic:What are the impacts of the COVID-19 (Coronavirus) pandemic on aggregate demand, aggregate supply, and equilibrium real GDP in the United States?Share your thoughts.Respond to at least 2 classmates (with video or text). 50 word minimum. Responses may include describing your own life experience or other real-world situation related to the post, adding

Economics CC 2 Sec ON 1 Week 6 Homework 5 | chatbot las positas community collegeQuestion 1Suppose a Mexican consumer wants to buy an American television for $500 and an American wants to buy a Mexican raincoat for 700 pesos. If the exchange rate is $0.10 = 1 peso, then the price of the television in pesos will be __________ and the price of the raincoat in dollars will be __________.·5000 pesos;$70·50 pesos;$7,000·500 pesos;$7·5 pesos;$7,000Ques

Economics CC 2 Sec ON 1 Week 6 Assignment 6 | chatbot las positas community collegeQuestion 1 Which of the following is a credit in the U.S. current account? · A U.S. consumer buys a TV made in Malaysia. · Singapore Airlines buys a jumbo jet made in the United States. · British investors purchase U.S. government bonds. · An American citizen flies to Lithuania on the Lithuanian Airlines. Question 2 What would be the statistical dis

Economics CC 2 Sec ON 1 Week 6 Quiz 5 | chatbot las positas community collegeQuestion 1 When imports of goods exceed exports of goods, the financial account shows a deficit. · True · False Question 2 A stereo system in Mexico costs 3,200 Mexican pesos. If the dollar price of one Mexican pesos is $0.11, then the U.S. dollar value of the same stereo system is $352. · True · False Question 3 Which of the following would be includ

Economics CC 2 Sec ON 1 Week 6 Discussion |chatbot las positas community college6.5 Discussion: Exchange Rate and Free BeerAround 1900, a small town on the U.S.-Mexican border was experiencing a strange currency exchange situation. On the Mexican side of the border, a U.S. dollar was only worth 0.90 Mexican peso (1 USD = 0.90 MXN), while on the U.S. side, a Mexican peso was only worth ninety U.S. cents (1 MXN=0.90 USD). In other words, the citize

Economics CC 2 Sec ON 1 Week 5 Assignment 5 | chatbot las positas community collegeQuestion 1An advance in technology in the production of good X causes·a rightward shift in the supply curve for good X.·a leftward shift in the supply curve for good X.·the supply curve for good X to change from upward sloping to vertical.·the supply curve for good X to change from vertical to upward sloping.Question 2On a supply-and-demand diagram, quantity demand

Economics CC 2 Sec ON 1 Week 5 Homework 4 | chatbot las positas community collegeQuestion 1If people begin to favor science fiction novels to a greater degree than previously, the demand curve for science fiction novels·shifts rightward.·shifts leftward.·stays constant.·can shift either rightward or leftward.Question 2On a supply-and-demand diagram, quantity demanded equals quantity supplied·only at the single equilibrium price.·at every price at

Economics CC 2 Sec ON 1 Week 5 Quiz 4 | chatbot las positas community collegeQuestion 1 At a price for which quantity demanded exceeds quantity supplied, a __________ is experienced, which pushes the price __________ toward its equilibrium value. · surplus; downward · surplus; upward · shortage; downward · shortage; upward Question 2 A market is said to be in disequilibrium if · it exhibits either a surplus or a shortage. · t

Economics CC 2 Sec ON 1 Week 5 Discussion | chatbot las positas community college5.7 Discussion--Toilet Paper ShortageDiscussion TopicUse the theory of demand and supply to explain why there is a shortage of toilet paper in the U.S.A. during the summer and fall 2020.Respond to at least 2 classmates (with video or text). 50 word minimum. Responses may include describing your own life experience or other real-world situation related to the post, ad