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Smart Reasoning:

C&E

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Qaagi - Book of Why

Causes

Effects

An increase in demandcausesa change in equilibrium price

price floor ... onecan be setbelow the free equilibrium price

A price ceiling ... ( bsetbelow the equilibrium price results

A price ceiling ... , as shown in panel ( bsetbelow the equilibrium price results

An increase in supply with no change in demandwill resultin a decrease in equilibrium price

by trading(passive) caused bytemporary price deviations from equilibrium

where the demand is not changing thenwill resultin lower equilibrium price

B. demand for a good decreasescausinga decrease in the equilibrium price

An increase in demandhas causeda decrease in equilibrium price

surpluscausinga decreased equilibrium price

the price ceiling P is setbelow the equilibrium price P

a price flooris setabove the equilibrium price quantity supplied

The best policy for the Fed isto setrates at the equilibrium rate

a price ceilingis setbelow the equilibrium price quantity demanded

Serious problems also resultsetsprices below the equilibrium level

the factorsinfluencingillustrate equilibrium price

the proposed market clearing mechanismleadsto partial market equilibrium

Both theoretical accountsare setin a partial equilibrium model

The Fed aimsto setat the so - called equilibrium rate

because it is set above the equilibrium price , whereas a price ceilingis setbelow the equilibrium price

The price ceiling is binding ... , leading to a shortage 32 THE DEMAND FOR HOUSESsetbelow the equilibrium price

the result of a price ceilingis setbelow the equilibrium price

the maximum price ceilingis setbelow the equilibrium price

the supply and demand factorscauseprice equilibrium

a price ceiling ( ... ) a ) a shortage b ) fewer exchangessetbelow equilibrium price

A binding price floor ... a required priceis setabove the equilibrium price

the price of a goodis setbelow the equilibrium price

the price flooris setbelow the equilibrium price

A price floorsetbelow the equilibrium price

a price flooris setbelow the equilibrium price

the price flooris setabove equilibrium price

A price flooris setbelow the equilibrium price A

A price floorsetabove an equilibrium price

The price floor is binding ... , leading to a surplus , A Price Floor That Is Not Bindingsetabove the equilibrium price

The price ceiling is binding ... , leading to a shortagesetbelow the equilibrium price

a price ceilingis setbelow the equilibrium price

the price ceilingis setbelow the equilibrium price

the price ceilingis setbelow the equilibrium price D.

A price ceilingsetbelow the equilibrium price

the ceiling priceis setbelow the equilibrium price

more to be supplied than is demanded ( surpluscausesmore to be supplied than is demanded ( surplus

to the opposite situationwill leadto the opposite situation

too many resourcescausestoo many resources

a surpluswill causea surplus

in higher prices and lower demand for a goodresultsin higher prices and lower demand for a good

A binding price floor in a market(passive) is setA binding price floor in a market

of 13 sub modelscomposedof 13 sub models

Most papers(passive) are setMost papers

to unemploymentCan contributeto unemployment

in producer gainscan resultin producer gains

in the economyis setin the economy

wages , a minimum wage(passive) is setwages , a minimum wage

The minimum wage(passive) must be setThe minimum wage

A minimum wage(passive) is setA minimum wage

in that labor marketmay causein that labor market

from their errorsmay have resultedfrom their errors

from founder and density - barrier effectsresultingfrom founder and density - barrier effects

to the opposite conclusioncould ... leadto the opposite conclusion

in high profits with little labor AND little capitalresultsin high profits with little labor AND little capital

A price floor(passive) could be setA price floor

the maximum a price ceiling(passive) is setthe maximum a price ceiling

in quantity supplied being greater than quantity demandedwill resultin quantity supplied being greater than quantity demanded

a price(passive) being seta price

the price(passive) is setthe price

in a shortage of goodswill resultin a shortage of goods

floor(passive) is setfloor

a shortagewill causea shortage

a shortage ( increase pricecausesa shortage ( increase price

C(passive) is setC

in surpluswould resultin surplus

b.(passive) is setb.

a surplus ( lower pricecausesa surplus ( lower price

Interest rates on the supply of credit to firms(passive) were setInterest rates on the supply of credit to firms

in simultaneous spikes in cross - sector correlations and volatilitiesresultingin simultaneous spikes in cross - sector correlations and volatilities

to a softening of price competition where both firms earn positive profits and the Bertrand Trap is brokenleadsto a softening of price competition where both firms earn positive profits and the Bertrand Trap is broken

to lowercould leadto lower

from a non cooperative game played by the trading blocsresultingfrom a non cooperative game played by the trading blocs

in invalid datacan resultin invalid data

to a negative excess demandleadsto a negative excess demand

significant biascan ... causesignificant bias

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Smart Reasoning:

C&E

See more*