Question

  It is the Season of Giving and Joy in the United States of America. How...

 

It is the Season of Giving and Joy in the United States of America. How do you think the retailers will do this season? Why do you think so? What factors will impact the market for Winter Holiday Shopping in the United States?
please include a graph

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

This is seasons of giving and joy in US. Thus, it is likely to give rise to the demand in economy. Put it in simple words, demand pressure will push up price level.

Following factors would influence demand:

  • Consumer confidence is very high due to growth rate.
  • Unemployment rate is lowest in last 49 years, thus demand shall be high.

Following is graph:

Due to positive confidence and rise in wage rates, there shall be shift in AD to right. Thus, both output and price shall experience rise.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Central America is one of the poorest and least industrialized areas of the Western hemisphere, while...
Central America is one of the poorest and least industrialized areas of the Western hemisphere, while the United States is the wealthiest and most industrialized areas of the hemisphere. Why did the United States become so powerful and wealthy and Central America remain so poor? Is there a relationship between the divergent developments of each part of the Americas? 2. What role has the United States played in Central America and the Caribbean since 1898? Why has the United States...
Caribbean countries have a comparative advantage in producing sugar, yet the United States blocks their imports...
Caribbean countries have a comparative advantage in producing sugar, yet the United States blocks their imports (sugar quotas are one of the oldest protectionist measures in the United States). What do you think the impact of the sugar quota is on consumers and producers in the United States? How would doing away with quotas impact the United States as well as these Caribbean countries?
"Retailers in the United States make enormous added profits from Black Friday sales." Do you agree...
"Retailers in the United States make enormous added profits from Black Friday sales." Do you agree with this statement? Why or why not? Think about how retailers lower their prices for Black Friday deals. How can they make added profits if they are receiving less money for each product they sell? What about retailers operating in markets that are purely competitive, or very close to it? Do they have the ability to make "enormous added profits?" Finally, suppose you are...
Is the personal income tax in the United States progressive, regressive, or proprotional? How do you...
Is the personal income tax in the United States progressive, regressive, or proprotional? How do you know? Why do you think the tax was designed this way?
a) How is the concept of concentration in the United States affected by the presence of...
a) How is the concept of concentration in the United States affected by the presence of foreign firms (not foreign firms that have factories or offices in the United States, but foreign firms that produce in their home countries and then export to the United States and are not included in the measures of C4 and HHI). Do these foreign firms tend to increase or reduce the degree of concentration in U.S. industry? Please explain. b) An industry consists of...
In the United States, a nation with a world-renowned medical system, why do you think so...
In the United States, a nation with a world-renowned medical system, why do you think so many people seek alternative forms of health care? 100 words
In spite of the United States having a long-standing history as being a very youth oriented...
In spite of the United States having a long-standing history as being a very youth oriented culture, the reality is that as a nation we are aging. Most of us can expect to live longer than our grandparents, and also healthier. So, let's talk about what you think "getting old. Tell us how you would like to spend the last part of your life- what age do you see yourself reaching? Why? What will you need to do before you...
If the United States Constitution were being drafted today, do you think all of the Bill...
If the United States Constitution were being drafted today, do you think all of the Bill of Rights ( First 10 Amendments) would be included? What would be added, taken away or changed and why? Please be specific in your response.
what is the purpose of the government of the united states? why do you feel so?...
what is the purpose of the government of the united states? why do you feel so? word limit 300..
Economics Chapter 4 1.) Suppose that the United States stops importing shrimp from China because of...
Economics Chapter 4 1.) Suppose that the United States stops importing shrimp from China because of a trade war. What would happen to the demand and supply curve of shrimp in the United States and therefore the equilibrium price and quantity in the market for shrimp? Draw one graph showing all the changes, and label the graph appropriately. Give an explanation for the changes that you show on the graph. Please help, I'm a bit lost!
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT