Home » 5. (Economic Fluctuations) Why doesn’t the National Bureau of Economic Research identify the turning points in economic activity until months after

# 5. (Economic Fluctuations) Why doesn’t the National Bureau of Economic Research identify the turning points in economic activity until months after

5. (Economic Fluctuations) Why doesn’t the National Bureau of Economic Research identify the turning points in economic activity until months after they occur?15. (Aggregate Demand and Supply) Determine whether each of the following would cause a shift of the aggregate demande curve, a shift of teh aggregate supply curve, neither, or both. Which curve shifts, and in which direction? What happens to aggregate output and the price level in each case?a. The price level changesb. Consumer confidence declinesc. The supply of resources increasesd. The wage rate increases12. (Convergence) Explain the convergence theory. Under what circumstances is convergence unlikely to occur?15. (Growth and the PPF) Use the production posibilities frontier (PPF) to demonstrate economic growth.a. With consumption goods on one axis and capital goods on the other, show how the combination of goods selected this period affects the PPF in the next period.b. Extend this comparison by choosing a different point on this period’s PPF and determining whether that combination leads to more or less growth over the next period.

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.