Imagine you are writing an article for Harvard Business Review or The Economist: Combine news and analysis from contemporary sources with what we have learned, and will learn in our class topics, to analyse these three themes (inflation, mass resignations and strikes, supply chain problems), fitting them together into an integrated account of post-pandemic economic conditions.

Q: Briefly discuss why more migrants do not always lead to lower wages? Use the classical model of the…

A: International migration is a strong expression of people's desire to improve their circumstances in…

Q: Great Depression. Suppose President Roosevelt's government had not launched the "New Deal" to help…

A: *Answer: Let us assume that initially economy is at E, Jevel. OYF is the level. of full-employment…

Q: I am asking you to assess the impact of the rise in energy prices experienced in industrialized…

A:

Q: You are the chair of the Malaysian Economic Council. There has been an extremely hot weather due to…

A: In Keynesian economics, an economy is said to be operating at a long-run equilibrium at a output…

Q: Discuss the following statement: “Higher labor productivity allows firms to produce more goods with…

A: Natural rate of unemployment refers to the full employment level of the economy. The natural rate of…

Q: Many people in the U.S. are questioning the benefits of globalization as a result of recent global…

A: Globalization is an activity through which the countries enter into trade with each other.

Q: Which of the following is not related to Macroeconomics? a. Determining individual consumer…

A: Macroeconomics is the branch of economics that deals with issues concerning the economy as a whole.…

Q: Suppose the federal government attempts to combat a recession by purchasing a new fleet of warships…

A: Economic Policy:-  The acts that government of a nation do in the economic sphere are referred to as…

Q: Myanmar experienced a 60 percent currency dropped within four weeks as the economy tanks since early…

A: Fiscal policies are the measures used by the government to affect the economy. The major fiscal…

Q: In the long run, as a result of the sharp increase in saving, the price level , the quantity of…

A: At a given price and particular time, overall demand is defined as cumulative sum of money…

Q: Classify the following topics as related to micro or macroeconomics: A family's decision on how…

A: Definitions- Microeconomics is a branch of economics that studies the behaviour of individuals or…

Q: Would a cut in stamp duty and other purchase charges on the purchase of existing houses really boost…

A: When the economy is in recession, the cut in the stump duty will help the economy to boost.

Q: SHORT ANSWER Workers on the manufacturing floor are being replaced by robots. For the U.S. economy…

A: The technological advancements are considered to be an integral part of growth, and development of…

Q: business cycle

A: ‘Business cycle’ refers to a fluctuation in production, employment, trade and general activity in an…

Q: The economy of a hypothetical country has been stable for two or three years with very low…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: According to the East Asia and Pasific Economic update published by the World Bank in April 2015,…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: What caused the Great Recession of 2008 in the United States?

A: The great recession of 2008 in the United States is classified as the worst financial crisis as many…

Q: The Philips curve shows that with economic growth comes inflation but in short run, it should lead…

A: Philips curve: It refers to the curve which shows the relationship between inflation and…

Q: In the country of Mordor, the government spent $100 million on swords. Prices do not rise at all,…

A: Marginal propensity to consume (MPC) is the ratio of the change in consumption (∆C) to the change in…

Q: Has the United States economy effectivily recovered from The Great Depression

A: The Great depression of 1930 still affects the United States in many such as it provides an example…

Q: If you look at almost any national news outlet, you will see that many of the articles involve…

A: Globalization: It refers to the increase in the level of exchange between the economies.…

Q: Why monetary policy and fiscal policy are important macroeconomic tools used to stimulate the…

A: Monetary policy is important to control the money supply in a economy . Inflation and interest rates…

Q: Why are price levels are lower in poorer countries? Discuss some theories.

A: In poor countries, where labor is bountiful, work serious goods and services (nontradable) can be…

Q: A company will be more enthusiastic in providing more training to its workers during an economic…

A: Training: Preparing is instructing, or creating in oneself or others, any abilities and information…

Q: A friend of yours expresses the opinion that the only resource that is important in the macroeconomy…

A: Money is a resource or asset that is accepted and used as an exchange medium to buy commodities and…

Q: Is globalization, characterized by a rapid exchange of goods, people, capital across different…

A: As a result of cross-border commerce in commodities and services, technology and investment, people,…

Q: why are these countries (Singapore, South Korea, China, and Japan) considered the world leaders in…

A: Answer - Need to find- why are these countries (Singapore, South Korea, China, and Japan) considered…

Q: In which of the three market arenas is each of the following goods traded? A. The athletic skills…

A: The three types of market arenas as per macroeconomics are goods market, labour market and money…

Q: Three of the following events can be classified as a supply shock and one as a demand shock. Which…

A: In an economy, demand shock refers to the sudden change in the demand for output made by the people…

Q: India's Economy Hits the Wall Just six months ago, India was looking good. Annual growth was 9%,…

A: (Only the first question has been answered).    Here, the news clip presents that the economic…

Q: Money supply and inappropriate government policies as causes of economic fluctuations

A: Government policies may include increase in government spending which may be sometimes…

Q: During the Revolutionary War, the American colonies could not raise enough tax revenue to fully fund…

A: Inflation implies an increase in the price level. When the price level increases then, in that case,…

Q: Keynes believes that in the long run       No government planning is the best     We are all…

A: According to Keynes, government should be solving the problems in short run and should not wait for…

Q: What are the changes since the globalization was digitalized? What activities have been present in…

A: Globalization refers to associate open flow of knowledge, technology, and merchandise among…

Q: Business cycles can wreak havoc in the economy and create real economic hardship.  Remember, the…

A: In economics, business cycle is defined as the cyclical upswings and down swings of major…

Q: Do the length and severity of the Great Depression reflect a defect in the operation of markets? Do…

A: The economic depression between the years 1929 to 1939 in the world is called as Great Depression.…

Q: Economists are considered policy makers when they     Try to change the world     Try to explain…

A: In an economy, economists are the people who study the behavior of economic variables and their…

Q: Suppose you heard on the news that the three sectors of a closed economy are all spending more but,…

A: There must have been increase in aggregate supply as well.

Q: Using the ADAS diagram, show what happens to inflation, unemployment and GDP, if there is an…

A: Aggregate demand (AD) is the sum total amount of commodities and services demanded in an economy at…

Q: To minimize globalization's harm and reap its benefits, governments should strive for nationalized…

A: 1. To minimize globalization's harm and reap its benefits, governments should strive for…

Q: Which of the following is not true? O Milton Friedman believes that economic growth should be…

A: Monetary policy is a macroeconomic tool that is used by the central bank to control the supply of…

Q: When the pandemic hit in the beginning of 2020, everything came to a halt. In a single month, 17…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: In the long run, when wages rise, the price level and equilibrium output

A: In the long run when wages rise, the cost of production for Businesses rises and the margins starts…

Q: If the central bank of every economy in the world lowers its interest rate, will economic activity…

A: Interest rate: It is the amount that is charged as a percentage of the principal to a borrower by a…