Understanding | Online Assignment Help

Fully answer the assigned questions in narrative, third person format.  The paper consist of 1200 WORDS. Also, include at least  three (3) scholarly sources in your responses. Paper must be completed in APA format. NO PLAGIARISM! The assignment must be completed by Saturday November 3, 2018 at 11:30PM central time. MUST BE SUBMITTED ON TIME MEETING ALL EXPECTATIONS!

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper


1. Explain,  in your own words, each of the three reasons why the Aggregate Demand  curve (AD) is negatively sloped.  Be sure to use the determinants of AD  in your explanation.


2. Explain, in your own words, the two reasons why the Aggregate Supply curve (AS) is positively sloped.

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper


3. Suppose  a large oil reserve is discovered in South Dakota.  Does this affect  the AS curve for the long-run, short-run, or both?  Explain.



(a)  What is meant by a “recessionary gap?”
(b)  What are the two main causes of a recessionary gap?  Explain how each of these events cause unemployment.


5.Compare  and contrast the short-run and long-run AS curves for both the  Classical and Keynesian models.  Include in your explanation WHY the AS  curves look different in the two different theories.


6. Suppose a war causes a sudden, large increase in government spending.
(a)  What happens to both prices and GDP in the short-run Classical  Model?  Do they increase decrease or stay the same?  Explain.
(b)  What happens to both prices and GDP in the short-run Keynesian  model?  Do they increase decrease or stay the same?  Explain.

7. Look up current statistics for inflation and GDP in the economy.  Use  these statistics to determine what phase of the business cycle the  economy is currently in.  Be specific as to what is going on with the  aggregate supply and/or aggregate demand curves.

online assignment help

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Homework Writing Services
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Business and administrative studies
Customer 459947, April 6th, 2022
Health Care
Met expectations. Thank you.
Customer 454755, June 30th, 2020
Excellent work!
Customer 463337, April 18th, 2023
Film & Theater studies
Fairly articulated.
Customer 462929, May 4th, 2022
Always confirm foreign names using Google.
Customer 458101, April 3rd, 2022
Well done. I just needed to rephrase a few things, but overall good.
Customer 458067, January 29th, 2022
English 101
Good job.
Customer 462899, April 26th, 2022
Customer 463813, April 19th, 2023
Excellent work. Looking forward to working with you in the future.
Customer 463467, November 2nd, 2022
Well answered
Customer 463377, May 15th, 2023
Thank you! Yes I did receive my paper on time. Thank you for all the help.
Customer 453975, February 3rd, 2020
Business and administrative studies
Good content. Journals do not require citations/references.
Customer 459947, May 29th, 2022
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat