Suppose that the economy is in long-run equilibrium. If oil prices rise significantly and firms become more pessimistic about future business conditions, then in the short run, we would expect that:

Answers

Answer 1

Answer:

In the short term, we can expect an economic imbalance, with a decrease in the oil supply.

Explanation:

In relation to oil, a balanced economy means that the amount of demand for oil is equal to the amount of oil supply. In this case, the price of the oil becomes stabilized and fair in relation to demand and supply. However, if the demand for oil starts to increase disproportionately in relation to the oil supply, it will cause a disproportionate increase in oil prices. In the short term, this generates an economic imbalance and causes the supply of oil to be reduced, in order to avoid the scarcity of the product. The disproportionate increase in price causes consumers to lose interest in the oil, causing the demand for the product to fall.

Demand is consumer demand and supply is the amount of product that a company can provide.


Related Questions

RESEARCH PROJECT
i was told to ask some friends or post a poll or question, so I'm here

not sure if its Social studies but it sounded closest like it, so its here

If you were to go anywhere in the world as a vacation spot, where would it be? any details that bring you there?

this is a project that doesn't really hold any weight on grades (but it DOES hold weight none the less lol) and is just to figure out what the majority of people say


Also here's some motivation material i made for anyone who needs it :>

Answers

If I were to go on vacation I would go out in the country somewhere where I can take my horses and just run in the fields. I would bring the cowboy hat that I ride in. I would go to a place where it is warm and a welcoming place to be.
I would go anywhere but this state (I live in Washington but you can just say that your friend lives in the same city because... well yk) but I want to go to another state. I know everything about this state. If you want something more specific then I would like to go to Mexico,Japan, and New York. New York because I just want to see what is there. Japan because first off Many people say they are nice and just the kindness. Also I want to see how it is so different from the USA and Mexico because my other family members live there (my grandma lives there) and I want to visit them. Also somewhere where it is quiet and not a lot of people. So there are my 5 places, you can say that it was three different people or just one

what are two fuctions molecules completes in an organism: proteins, carbohydrates, and lipids.

Answers

Answer:

Function of protein -

a) Provide structure

b) Regulation body growth and development

Function of Carbohydrates

a) Provide energy

b) Promote good digestive health

Function of Lipids

a) Act as energy store house

b) Is a part of structural components of cell membranes

Explanation:

Function of protein -

a) Provide structure

b) Regulation body growth and development

Function of Carbohydrates

a) Provide energy

b) Promote good digestive health

Function of Lipids

a) Act as energy store house

b) Is a part of structural components of cell membranes

Which invention separates the grain from the stalk? A, bailer B. seeder C. thresher

Answers

Answer:

The answer is C. thresher

Georgia’s first Bill of Rights was created in its Constitution in

1851.
1861.
1871.
1881.

Answers

1861 ————-
I believe :D

Answer:

1861

Explanation:

Describe the economy after the crash, and what was this time period
called?
I will give brainly!

Answers

Answer:

What crash the twin towers or???

Answer:

The great depression

Explanation:

The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.

Hope this helps

Which word is described by this statement?

This is the top of the volcano where sulfur-filled gasses and lava come out.


ore

crater

vent

shield

Answers

Answer:

crater

Explanation:

help please? sorry if it is blurry​

Answers

Answer: A

Explanation: because thommas jefferson said so

Match the following. Match the items in the left column to the items in the right column. 1 . faith convicts the world of sin 2 . memory an important faculty of the mind to be used in Bible study 3 . judgment the basis of the first and second commandments 4 . prophet a tactic of Satan to prevent witnessing 5 . hammer something to which the Word of God is likened 6 . fear the Holy Spirit convinces people of this 7 . Holy Spirit one thing necessary in a person's salvation 8 . love description of Jesus by Samaritan woman

Answers

Answer:

Faith - one thing necessary in a person's salvation

Memory - an important faculty of the mind to be used in Bible study

Judgement - the Holy Spirit convinces people of this

Prophet - description of Jesus by Samaritan woman

Hammer - something to which the Word of God is likened

Fear - a tactic of Satan to prevent witnessing

Holy spirit - convicts the world of sin

Love - the basis of the first and second commandments

Enjoy :3

If one country has something another country wants, the opportunities for trade begin to unfold. Specialization encourages trade among countries because no country produces everything it needs. In Southwest Asia, if a country has oil to sell (export), there are plenty of customers to buy it. Saudi Arabia, Iran, Iraq, and Kuwait export millions of barrels of oil every day.

Specialization encourages...

A construction of goods among nations

B buying of goods among nations

C selling barrels among countries

D destruction of barrels among nations ​

Answers

Answer: buying of goods among nations

Explanation:

Specialization refers to the method of production in which an economic agent produces limited number of goods in order be more efficient and purchase the goods that it's less efficient in producing from other economic agent.

Specialization encourages trade among countries due to the fact that there's no country that can produce everything, therefore it encourages buying of goods among nations. A nation has to buy the goods that it's less efficient in producing.

Cattle ranching is important for Brazil’s economy. However, large herds of cattle need lots of space to graze.

If cattle ranching expanded in Brazil, which of the following industries would this MOST negatively impact?

A.
agriculture

B.
mining

C.
manufacturing

D.
lumber

Answers

Answer:

A.

Explanation:

Since the expansion of cattle ranching means that they will take up more space to graze, that will negatively impact the agricultural industry because a lot of potential farmland won't be used.

1) Mico went on a car trip to a town in Nueva Ecija. It took him four
hours to travel a distance of 284 kilometers. What was his average
speed?
Solution:
Answer:
answer pls
ng maayos️​

Answers

Answer:

71km/h

Explanation:

speed=distance/time

284/4=71km/h


When the Indian removal was complete

Answers

Answer: Indian Removal Act, (May 28, 1830), first major legislative departure from the U.S. policy of officially respecting the legal and political rights of the American Indians.

What does the text list and describe

Answers

Answer: To create a contact group in Android, first open the Contacts app. Then, tap the menu button on the top left of the screen and tap "Create label." From there, enter the name you want for the group and tap the "OK" button. To add people to the group, tap the "Add Contact" button or plus sign icon.

Explanation:

A text list is an object that may be assigned to an application in the Applications Tree or maintained globally in the Global node of the Applications Tree.

How to create a text list?

Open the Contacts app on Android to begin creating a contact group. Then select "Create label" by tapping the menu button in the top-left corner of the screen. Next, type the name you want for the group and then press "OK."

Tap the "Add Contact" button or plus sign symbol to add contacts to the group. Then touch one contact from your contacts list if you just want to add one member to the group. Tap and hold contact on your contacts list, then tap the other contacts you wish to add to the group. After you've finished choosing everyone, hit "Add."

Learn more about the text list, here:

https://brainly.com/question/1443284

#SPJ2

why did north korea attack south korea

Answers

This conflict began on June 25, 1950, when North Korea, a communist nation, invaded South Korea. By invading South Korea, North Korea hoped to reunite the two nations as a single country under communism. With North Korea's invasion of South Korea, the United States feared the spread of communism.

please help!

Country A Country B
Local and state government share power with the central government.
The central government has final authority.
Local and state governments follow the decisions of the central government.
The central government has all authority and decision-making power.


What types of government do Country A and Country B have?
Country A: Confederation, Country B: Parliamentary
Country A: Parliamentary, Country B: Confederation
Country A: Federation, Country B: Unitary
Country A: Unitary, Country B: Federation

Answers

Answer:

Country A unitary

Country B confederation

sorry if iam wrong

Answer: C: Country A: Federation, Country B: Unitary

Explanation:

Select the correct answer.
In 1954, the Supreme Court ruled that the existing policy of school segregation was unconstitutional. What judicial function does this illustrate?
A.
the ability to write their own laws
B.
the ability to restrict what is taught in schools
C.
the ability to deny states their rights
D.
the ability to overturn prior rulings

Answers

Answer:

D.  the ability to overturn prior rulings

Explanation:

they decided that the law was wrong and changed it

How did the Munich Conference serve as an example of appeasement?

Benito Mussolini was given control of Ethiopia

The League of Nations acted to stop Adolf Hitler

Adolf Hitler was given land in order to prevent war

Japanese aggression in Asia was halted

Answers

Answer:

READ BELOW

Explanation:

It gave Adolf Hitler free control of Austria and the Sutenland in Czechslovakia

write a sentence using the words Costs,Revenue,Profit​

Answers

I bought stocks that costed $25 each, but I didn’t get the profit I was expecting because the company’s revenue dropped last month.

HURRY

Which value is MOSTLY closely associated with the fundamental principles of Buddhism?

A. Submission to authonty
B. devotion to one god
C. giving up worldly desires
D. honoring ancestors' spints

Answers

I would say b devotion to one god

which of the following best describes a theme in this poem trave

Answers

where’s the poem?????

If tax revenues are not enough to cover budgeted expenses, the US government must __________.
A.
print money
B.
sell stock
C.
redo the budget
D.
borrow money

Answers

Answer:

The answer is D. Borrow Money.

Explanation:

The money that the government has to spend is the money it collects in the form of taxes, if that isn't enough to cover its spending, the government has run a deficit and will have to borrow money.

) Evidence suggests that trading has dated all the back to who?

Answers

Djdmekekwkkwkakamxmmxwkoqoqsllskxmxmmces

Someone who is really good at chores and maintaining a home might be described as a ________ person ? Domestic or foreign

Answers

Answer:

Domestic

Explanation:

Home life refers to being dometic. For example- You domesticate a cat becux they are a house cat now.

Hope this helps!

which of these are right

Answers

Answer:

A

Explanation:

the election of reps who make laws

Which of the following guarantees Americans the right to religion?
1.Free Exercise Clause
2.The 2nd Amendment
3.Establishment Clause
4. Necessary and Proper Clause

Answers

Answer:

It is the free exercise clause

Explanation:

I believe this is because the 2nd amendment is the right to bear firearms. The free exercise clause is Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

I copied the information above on the free exercise clause, so If I am wrong please tell me! Thanks, and I hope this helps!

Answer:

1.Free Exercise Clause

Explanation:

How did Hitler persuade people to agree to the final solution

Answers

He used propaganda to persuade the public and hide the reality of his actions

Item 17
Which word is described by this statement?

These rocks form when other rocks are subjected to large amounts of pressure, heat, or chemical reactions.


crater

metamorphic

composite

cinder cone

Answers

Answer:

metamorphic

Explanation:

the explanation is the question

(NEED HELP ASAP WILL DO BRAINLIEST) Why do many people choose to invest in mutual funds?


Mutual funds offer investors the most possible freedom and the greatest potential returns, while requiring them to take on zero risk.


Mutual funds pool the money of many individuals and groups to purchase a wide variety of stocks and bonds, which reduces the risk faced by investors.


Mutual funds pay dividends to investors regardless of whether or not the investments the fund makes offer substantial returns.


Mutual funds are run by individual investors, rather than privately employed finance-industry experts, so the fees for investing in them are very low.

Answers

i wanna say it’s c tell me if i’m right

Answer: The answer is D

Explanation: I took the test

What was the main purpose of Spanish missions? A. to grow sugar cane and other valuable crops B. to guard the property of colonists C. to house the growing number of colonists from Spain D. to convert, educate, and Europeanize natives

Answers

Answer:

D

Explanation: The Spanish Missions were Catholic missionaries that taught the aboriginals to follow the catholic religon.

how does a family tree portray kinship systems?​ do not send links​

Answers

Answer:

Both supports and stabilize families who have taken in, and are caring for, a relative’s or non-biological child.

Other Questions
Use the value of the linear correlation coefficient r to find the percentage of the total variation that can be explained by the linear relationship between the two variables. r = 0.234 (Your answer should be a percent rounded to two decimal places as needed.) WILL GIVE BRAINLILESTWhat were the 4 causes of WWI? Provide a definition for each of the causes in your OWN words. A rectangle is 8/3 meters long and 3/4 of a meter wide. What is the total area in square meters of there rectangle PLZ PLZ HELP ME I JUST NEED 9 AT THE MOMENT PLEASEEEEEEEEEEEEEE In The Miracle Worker, what does the phrase "out of joint most likely mean 25 used in paragraph 37 (page 346)? (A) to be highly upset (B) to be highly amused (C) to be tearful (D) to be a vegetarian Suppose c varies jointly with a and b. When c = 25, a = 2, and b = 2.5. What is the value of c when b = 4/3 and a = 6? Find the area of the triangle.14 m18 m A cylinder of gas has a frictionless but tightly sealed piston of mass M. A small flame heats the cylinder, causing the piston to slowly move upward. For the gas inside the cylinder, what kind of process is this? Which of these are the starting materials for cellular respiration?a. Carbon dioxide and waterb. oxygen and sugarc. Water and sugard. Water and oxygen Why are vestigial structures not removed by natural selection ? When a crisis interferes with normal operations, the establishment may need to ____.close temporarily or scale back operationshire a public relations firmfire all the employees and start overhold a press conference In each diagram, x represents a different value.A. What is something that isdefinitelytrue about the value of x?B. What is something thatcould betrue about the value of x? Select the correct text in the passage.Which detail best shapes the theme that unfamiliar places can often seem unwelcoming?excerpt adapted from The School Days of an Indian Girlfrom American Indian Storiesby Zitkala-Sa (Gertrude Simmons Bonnin)It was night when we reached the school grounds. The lights from the windows of the large buildings fell upon some of the icicled trees that stood beneath them. We were led toward an open door, where the brightness of the lights within flooded out over the heads of the excited palefaces who blocked our way. My body trembled more from fear than from the snow I trod upon.Entering the house, I stood close against the wall. The strong glaring light in the large whitewashed room dazzled my eyes. The noisy hurrying of hard shoes upon a bare wooden floor increased the whirring in my ears. My only safety seemed to be in keeping next to the wall. As I was wondering in which direction to escape from all this confusion, two warm hands grasped me firmly, and in the same moment I was tossed high in midair. A rosy-cheeked paleface woman caught me in her arms. I was both frightened and insulted by such trifling. I stared into her eyes, wishing her to let me stand on my own feet, but she jumped me up and down with increasing enthusiasm. My mother had never made a plaything of her wee daughter. Remembering this I began to cry aloud. Kenney High Schools swimming pool is 25 yards long. The pool has 8 lanes, each of which is 3 yards wide. The pool is filled to a depth of 6 feet. a. What are the length and width of the pool in terms of feet? (4 points) Length: __________ ft. Width: __________ ft. b. How many cubic feet of water are in the pool? (3 points) Volume: __________ ft3 c. If one cubic foot contains about 7.5 gallons, how many gallons of water are in the pool? (3 points) Water: __________ gallons How far can you get away from your little brother with the squirt gun filled with paint if you can travel at 3 m/s and you have 0.25 min before he sees you? Helppppp distance time graphhhhhh Team A is located on the south bank of a river. Teams B and C are located on the north bank. The angle formed from Team C to Team A is S 20o W. Team C is 45 feet due west of Team B and 25 feet from Team A. How far is Team A from Team B? 1 "The nine elephants were trained by a man named Allen." The word "elephants" is A possessive noun B. A compound noun C. A plural noun D. An abstract noun how many grams are in 2.34 moles of Li? Can you change your name on here?