CHAPTER 26 HOMEWORK Points Follow the homework guidelines posted on Canvas Module. Score:10 The graphs must be neat and labeled properly. Refer the textbook and power points for the graphs. I. Illustrate each of the following situations with a graph showing the Short-run Refer Aggregate Supply curve: Learning Objective: 26.1 a. An increase in price of crude oil b. An increase in the size of labor force II. Illustrate each of the following situations with a graph showing IS curve: LO:26.2 III. IV. a. An increase in government spending b. An increase in taxes Illustrate each of the following situations with a graph showing Fed rule curve: LO:26.2 a. An increase in Z factors b. A decrease in the price level a. Illustrate each of the following situations with a graph showing AS and AD curve and show the changes in equilibrium values of the price level and aggregate output: LO:26.2&26.3 An increase in the capital stock and decrease in taxes. b. A decrease in energy prices and decrease in Government spending.

Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter18: Pricing The Factors Of Production
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CHAPTER 26 HOMEWORK
Points
Follow the homework guidelines posted on Canvas Module.
Score:10
The graphs must be neat and labeled properly. Refer the textbook and power points for the
graphs.
I.
Illustrate each of the following situations with a graph showing the Short-run
Refer
Aggregate Supply curve:
Learning Objective: 26.1
a. An increase in price of crude oil
b. An increase in the size of labor force
II.
Illustrate each of the following situations with a graph showing IS curve:
LO:26.2
III.
IV.
a. An increase in government spending
b. An increase in taxes
Illustrate each of the following situations with a graph showing Fed rule curve:
LO:26.2
a. An increase in Z factors
b. A decrease in the price level
a.
Illustrate each of the following situations with a graph showing AS and AD curve and
show the changes in equilibrium values of the price level and aggregate output:
LO:26.2&26.3
An increase in the capital stock and decrease in taxes.
b. A decrease in energy prices and decrease in Government spending.
Transcribed Image Text:CHAPTER 26 HOMEWORK Points Follow the homework guidelines posted on Canvas Module. Score:10 The graphs must be neat and labeled properly. Refer the textbook and power points for the graphs. I. Illustrate each of the following situations with a graph showing the Short-run Refer Aggregate Supply curve: Learning Objective: 26.1 a. An increase in price of crude oil b. An increase in the size of labor force II. Illustrate each of the following situations with a graph showing IS curve: LO:26.2 III. IV. a. An increase in government spending b. An increase in taxes Illustrate each of the following situations with a graph showing Fed rule curve: LO:26.2 a. An increase in Z factors b. A decrease in the price level a. Illustrate each of the following situations with a graph showing AS and AD curve and show the changes in equilibrium values of the price level and aggregate output: LO:26.2&26.3 An increase in the capital stock and decrease in taxes. b. A decrease in energy prices and decrease in Government spending.
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