The economy is in long-run equilibrium when there is a correctly anticipated increase in aggregate demand. in new keynesian theory, the price level will rise in the short run than it is predicted to rise in new classical theory.

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:

How is challah bread made? if i have to dabble the recipe?

What role do business cycles play in a market economy