A variable that can't be accounted for is $$ \begin{array}{l} ext { The author backs up the statement that the economy } \ ext { can be unpredictable by pointing out that } \ ext { a natural disaster such as a hurricane. As the } \ ext { result of a hurricane, demand is guaranteed } \ ext { to increase in a way that could not have been } \ ext { predicted because the flow of goods into } \ ext { impacted areas is blocked. If crops or power } \ ext { facilities like oil refineries are damaged, then } \ ext { demand is also affected. } \ ext { system is strong. } \ ext { natural disasters can affect the demand for goods and } \ ext { disrupt production. } \ ext { customers are more willing to buy something when } \ ext { interest rates are low. } \ ext { inflation occurs when prices for goods and services } \ ext { decrease too quickly. }\end{array} $$

Question

A variable that can't be accounted for is $$ \begin{array}{l}	ext { The author backs up the statement that the economy } \ 	ext { can be unpredictable by pointing out that } \ 	ext { a natural disaster such as a hurricane. As the } \ 	ext { result of a hurricane, demand is guaranteed } \ 	ext { to increase in a way that could not have been } \ 	ext { predicted because the flow of goods into } \ 	ext { impacted areas is blocked. If crops or power } \ 	ext { facilities like oil refineries are damaged, then } \ 	ext { demand is also affected. } \ 	ext { system is strong. } \ 	ext { natural disasters can affect the demand for goods and } \ 	ext { disrupt production. } \ 	ext { customers are more willing to buy something when } \ 	ext { interest rates are low. } \ 	ext { inflation occurs when prices for goods and services } \ 	ext { decrease too quickly. }\end{array} $$

UpStudy AI · Accepted Answer

The variable that can't be accounted for in the context of the economy's unpredictability is the impact of natural disasters, such as hurricanes, on demand and supply. These events can disrupt production and alter consumer behavior in ways that are difficult to predict.
Natural disasters can lead to an unexpected increase in demand for certain goods while simultaneously disrupting the supply chain. For example, if a hurricane damages crops or oil refineries, the supply of these goods decreases, leading to higher prices and altered consumer demand.
Thus, the unpredictable nature of natural disasters serves as a variable that complicates economic forecasting and planning.
The variable that can't be accounted for is the impact of natural disasters on demand and supply in the economy.

A variable that can’t be accounted for is

Upstudy AI Solution

Answer

Solution

Bonus Knowledge

Related Questions

Latest Economics Questions