Q: it important in macro-eco
A: The circular flow model demonstrates of how the money moves through the society.
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A: A supply chain is the network of all the individuals, organizations, resources, activities and…
Q: The below five graphs show the development of key macroeconomic variables over the scope of three…
A: The IS-LM-PC is defined as a model which is known as the Income Spending, Monetary Policy and the…
Q: The following table contains nominal GDP and the GDP deflator from FRED" for the fourth quarter of…
A: Real GDP is the GDP which represent the inflation adjusted price of the goods and services , so here…
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A: CPEC stands for China Pakistan economic corridor. From economic point of view this corridor is…
Q: Discuss the circular economy.
A: Circular flow/ circular economy model explains how an economy functions. It analyses the way goods,…
Q: escribe the term macro economic
A: The answer is given below
Q: Which are the four components of the macroeconomy? Explain the interaction between these components…
A: The four components of the macroeconomy are: Household, Business firms, Government, and Rest of the…
Q: Explain thé importáñčé óf macroeconomics in an economy
A: According to the given question It is the macroeconomic which is not concerned with a single…
Q: Suppose the economy of the hypothetical country “X” is currently in equilibrium at point A on the…
A: "Since you have asked multiple parts, we will answer only the first part for you. If you have any…
Q: TRUE or FALSE. The household sector can outbid the office sector & manufacturing sector in areas…
A: The household sector is the sector that includes the population that satisfies their needs and wants…
Q: What do you think can shift LRAS? Explain why.
A: The long term aggregate supply curve shows the link between price index and GDP, when all the…
Q: Consider the economy of MadibazVille MadibazVille does not trade with the rest of the world. [Note:…
A: Private savings: The money that private individuals have left over after paying their personal…
Q: Briefly explain the 'Lewis Two Sector' Model.
A: W Arthur Lewis suggested two economic growth business models, where one sector has the potential to…
Q: What are the reasons for freight cycles?
A:
Q: Briefly analyze the countries taking into account the Gini coefficient.
A: Gini coefficient: A Gini coefficient can be understood as a tool that helps to measure the…
Q: What is Milton Friedman’s argument on CSR? Do you agree with his views
A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…
Q: 3. In which year, was the first volume of Das Capital by Karl Marx published? O 1848
A: To find : When was volume published.
Q: -What are the underlying possible reasons for a J curve? Explain.
A: The J-curve is used to show the effects of an event over a particular period of time. In economics,…
Q: Below is a chart showing the Labor Force Participation rate for 15-64 year olds in the U.S. vs.…
A: Real GDP is the product of base year price and current year output level during an year. It is the…
Q: In the Independent Reading's review of the Great Depression, we read that during the Great…
A: Tax is the amount charged on the income earned by the individual, business, or organization.
Q: Using the model of business fluctuations, show the effect of the COVID-19. Recall that COVID-19 shut…
A: The condition of the covid 19 would result in a large contractionary effect of the output in the…
Q: Suppose we are interested in estimating the relationship between output (GDP) and Labour (L) and…
A: 3a) The relationship between the output (GDP), and capital (K), and labor (L) is given by the…
Q: Which of the following is not a key macroeconomic variable? А. The unemployment rate. В. The…
A: Macroeconomics deals with aggregates in an economy and focuses on economy as a whole. It does not…
Q: Using AD-AS analysis show graphically and explain the effect on the equilibrium level of price and…
A: 1. A increase in the productivity of a resource will also increase change the demand for it…
Q: Consider the simple Circular Flow model, shown below. Use it to answer the next several questions.…
A: When talking about the simple circular flow model, it can be said that it is the diagrammatic…
Q: Suppose, Nepal was in general equilibrium before COVID-19. Explain the effect of increase in labor…
A: An increase in labor supply because of returnee’s migrants in Nepal will cause a supply shock in…
Q: Algebraically, the relationship between imports and income can be written as Select one: a. IM = m/Y…
A: Answer - Need to find- Algebraically, the relationship between imports and income can be written as…
Q: Compare the present macroeconomic environment with the last two years.you are to take reference of…
A: The Islamic Republic of Pakistan is a South Asian Nation that came into existence in the year 1947…
Q: 12. Assume that an economy operates according to the sticky-wage model. The nominal wage was set to…
A: (a) Actual price = 110 Expected price = 120 Expected price is greater than actual price…
Q: what are the factors that contribute to econmic grow
A: Economic growth is the quantity aspect of the economy. An economy's growth is directly related to…
Q: 3. Consider an economy with six product-producing sectors and one non-producing sector, described by…
A: Total Demand = 2W + 3G + 2D + 1T + 1 WO + 2H Where , W = widgets , G = Gizmoes , D = doohickies ,…
Q: The table below contains data for the country of Batterland, which produces only waffles and…
A:
Q: Briefly explain ‘Lewis Two Sector’ Model
A: Lewis Two Sector Model Lewis Two Sector Model is an economic model. In this model, he divides…
Q: he United States currently is ... A. a net borrower and has been since the end of World War II in…
A: The answer is - D. a net borrower and has been since the 1980s.
Q: Explain the circular flow diagram
A: Circular flow diagram:- It refers to the graphical representation of flow of goods or services and…
Q: Q4.Romer model predicts that the more labor you dedicate to generating ideas, the a) faster you…
A: The Romer (1986) Growth Model is a theoretical model of economic development.Using a work that…
Q: explain how the circular flow method can be used to illustrate relationship between key participant…
A: The circular flow model reveals how money moves via society. It means that money moves in a…
Q: The graphical illustration below shows the theory of production. Label the unknov variables…
A: TP {"Total Product"} is the total amount of production a company can generate with the labor it has…
Q: Explain whst is meant by the term economic problem
A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Consider the following economy C=1000 + 08YD T=0 25Y 1= 325 G = 225 X=450 M 0.1Y Equilibrium GDP…
A: Gross Domestic Product (GDP) is the final value of all the services and goods produced in a year.…
Q: What is defation, and what problems does defation pose for the macroecon-omy?
A: The macroeconomic viewpoint focuses at the market overall, concentrating on targets such as life…
Q: Within the circular flow model, economists define households as O A. families living in their own…
A: An economic define household as a group of people who are live together and cook food in the same…
Q: "Do you think that the COVID-19 has a Microeconomic impact on the US Economy"? If yes or no,…
A: Microeconomics is the study of individual things. For example, microeconomics studies about the…
briefly explain the two importan circular flow of model
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- In the fifty years before the covid-19 pandemic, the U.S. also suffered two deep recessions, in 1981-82 and 2007-2009. (As you know, the second was the Great Recession.) Based on the historical evidence in the chart, about how high does the unemployment rate rise in terrible recessions like those? Briefly explain.Briefly explain how one or more of the microeconomic components, namely consumption,investment, supply and demand for money influence macroeconomic outcomes and formulations of the following macroeconomic theories:a. Solow Growth Model b. The Mundell-Fleming model c. Neoclassical Model of Investment Use mathematical equations and graphs where necessary.What does the concept “global labour arbitrage” refer to? Identify two processes associated with global labour arbitrage. Explain how they relate to the concept of global labour arbitrage.
