Decide if the following events are Micro, shifting supply or demand, or Macro, shifting AD or AS. Give the direction in which the graph shifts. Supply Deman Situation Aggregate Supply Aggregate Demand d Sales of Atlanta United gear grows with the success of the team. 1 The President and Congress pass a $600 billion stimulus bill to get the country back on track. 2 Salmonella outbreak in peanut processing plants threatens the lunches of millions of school children.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question
100%
Decide if the following events are Micro, shifting supply or demand, or Macro, shifting AD or AS. Give
the direction in which the graph shifts.
Aggregate
Supply
Aggregate
Demand
Supply
Deman
Situation
d
1
Sales of Atlanta United gear grows with
the success of the team.
The President and Congress pass a $600
billion stimulus bill to get the country back
on track.
2
Salmonella outbreak in peanut processing
plants threatens the lunches of millions of
school children.
Transcribed Image Text:Decide if the following events are Micro, shifting supply or demand, or Macro, shifting AD or AS. Give the direction in which the graph shifts. Aggregate Supply Aggregate Demand Supply Deman Situation d 1 Sales of Atlanta United gear grows with the success of the team. The President and Congress pass a $600 billion stimulus bill to get the country back on track. 2 Salmonella outbreak in peanut processing plants threatens the lunches of millions of school children.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Follow-up Questions
Read through expert solutions to related follow-up questions below.
Follow-up Question

Pomegranate has shown to be a cancer-fighting superfood

Because the value of the US dollar is declining relative to other currencies, American exports have increased.

Global oil prices tank as shale fracking surges.

Housing market crashes, new construction starts at a ten-year low.

House votes to block EPA regulations on coal-fired electricity plants.

Solution
Bartleby Expert
SEE SOLUTION
Knowledge Booster
Limited Self-Interest
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education