In general, when aggregate supply exceeds aggregate demand, what is likely to result?
A) Deflation
B) Depression
C) Inflation
D) Recession

Answers

Answer 1

The Correct Answer Is Deflation.

Answer 2

Deflation is the likely result of excess aggregate supply over aggregate demand.  

Further explanation:

In general, the economy is in equilibrium when the equality between aggregate demand and aggregate supply is achieved. When the equality between aggregate demand and aggregate supply is not there, the economy is said to be in disequilibrium which results in either inflation or deflation. When the aggregate supply is higher than the aggregate demand that implies there is competition among producers to sell their goods. As a result, producers will lower their prices in order to sell their goods and services. This turns into a situation of deflation in the economy.  

Justification for the correct and incorrect answer:

A) Deflation: This option is correct.  

The deflation refers to a fall in the general price level in an economy. In a situation when the aggregate supply exceeds the aggregate demand in the economy, the producers will compete with each other to sell their goods and services. This will result in falling prices by the producers in order to induce consumers to buy goods and services. As a result, deflation occurs in the economy.  

B) Depression: This option is incorrect.

The depression is a state of sustained and severe downfall in the economic activity in an economy. This is caused by a very low level of aggregate demand that lowers the output produced in an economy to a great extent. A higher aggregate supply relative to the aggregate demand tells nothing about the level of the economic activity or output in the economy.  

C) Inflation: This option is incorrect.

The inflationary pressure in an economy is a result of excess aggregate demand over aggregate supply. When the aggregate demand is higher than the aggregate supply in an economy, consumers compete with each other to acquire limited goods and services. As a result, they are willing to pay a higher price for goods and services which leads to inflation in the economy.  

D) Recession: This option is incorrect.

The recession is a situation that arises in an economy when there is a general downfall in its economic activity. A higher aggregate supply over aggregate demand in an economy does not depict anything regarding a downfall in economic activity or output produced in the economy.  

Therefore, the likely result of excess aggregate supply over aggregate demand in an economy is deflation.  

Learn more:

1. Learn more about supply

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2. Learn more about inflation and economy

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3. Learn more about inflation

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Answer details:

Grade: Senior School

Subject: Economics

Chapter: Aggregate demand and aggregate supply

Keywords: in general, when aggregate supply, exceeds, aggregate demand, what, is likely, result, depression, recession, inflation, deflation, an economy in disequilibrium, aggregate demand and aggregate supply, result of unequal aggregate demand and supply, likely effect on the economy.  


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Hello there!

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~DL

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Answer:

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Explanation:

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Final answer:

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Explanation:

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Final answer:

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Explanation:

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Answers

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Answer:

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falsssssssssssse I hope this helps:)

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Answers

The U.S wanted to help South Korea stay away from communist rule.

Answer:

Because they wanted to combat the communist influence in Asia.

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Answers

The teachers because they think they know everything

Final answer:

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Explanation:

The claim that "public school education is better than home schooling" is part of an ongoing debate about the best methods for providing education to young people. Public schools offer a universally accessible and free education, which includes adhering to accountability standards and serving a diverse student population. Private school options like charter schools and schools accepting vouchers can provide alternatives, though their availability and effectiveness are often subjects of scrutiny. Homeschooling, while advantageous for its tailor-made educational approaches and potential to avoid some systemic problems, may lack opportunities for socialization that come with standard school settings.

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Answers

This describes loosening of associations.
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Answers

The right answer is regressive social movement. A regressive social movement occurs when people perceive that a social change that took place harms them instead of helping them, and they initiate a campaign or social movement to socialize the reasons why social changes should be reversed. Generally, these movements seek to reverse and create new rules to reduce the social threat they perceive.

I hope this information can help you.

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It is difficult because to many people the most prominent debate of the day is seemingly between the economy and the environment, and in today’s economic climate the health of the economy is often deemed more important. In similar fashion, any action taken to protect the environment is seen by many as detrimental to the health of the economy.

According to identity theory, the process of maintaining identity in late adulthood involves balancing:

Answers

Involves balancing assimilation and accommodation. Assimilation refers to the process of acquiring new knowledge and storing it in the long-term memory, and assimilation involves the process of integrating the new information with the information that was already stored in the long-term memory. Both processes are important in learning and their balance is fundamental.

I hope my answer can help you.

Which of the following items was not a part of the compromise over slaves?

-Slave trade could be abolished only after 1808.
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-Slaves counted as three-fifths of a person for population purposes.

Which one of the following items was not included in the Connecticut Compromise?

-two-house legislature
-Senate represented by population
-Senate House of Representatives represented by population

Which one of the following items was not included in the Virginia Plan?

-a two-house legislature
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-a supreme court


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For the Constitution to become law, it had to be ratified by BLANK states.??
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-nine
-thirteen
-fifty

A change or addition to the Constitution is called a(n):

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-article
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The Constitution currently has BLANK amendments.??
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Those who opposed the ratification of the Constitution were called .??
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The opening paragraph to the Constitution is called the:

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The Federalist Papers were written:

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-to create the Bill of Rights

The seven articles in the main body of the Constitution:

-present the basic plan and structure of the government
-identify the individual liberties of citizens
-provide for separate ballots for the president and vice president
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-describe the process for ratifying and amending the Constitution

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The year in which the Constitution was officially ratified:

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help please and thank you!

Answers

I can only answer the last four so yeah.
B
A
C
C or D

Answer:

Which one of the following items was not included in the Virginia Plan?

-a two-house legislature

-a plural executive

-a supreme court

The Answer is B A plural executive

Explanation:

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