When current output is less than potential output, the economy must have which of the following? ( Pick 1 Answer) A. Trade deficit B. Rise in inflationary expectations C. Increasing wages D. Cyclical unemployment
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- Hi there . can you please assist on the following question below Describe each of the following terms Investment Balanced budget Absolute advantage Nationalisation StagflationExplain what will happen in a nation that tries to solve a structural unemployment problem using expansionary monetary and fiscal policy. Draw one AD/AS diagram, based on the Keynesian model, for what the nation hopes will happen. Then draw a second AD/AS diagram, based on the neoclassical model, for what is more likely to happen.Real Business Cycles in Emerging Countries?
- The global economy has seen significant changes since the banking crisis in 2008. Many economies have gone through large-scale austerity programs to reduce deficits. How has this affected the business organizational structure? How has employment and personal income been affected?Business cycles can wreak havoc in the economy and create real economic hardship. Remember, the three indicators to keep your eye on are the unemployment rate, the rate of inflation and the GDP growth rate. At the peak of the business cycle, which economic indicator will enter the “danger zone”? How about in the trough?When the pandemic hit in the beginning of 2020, everything came to a halt. In a single month, 17 million Americans lost their job, and the gross domestic product (GDP), which is how economists measure the total value of a country's products and services, declined by US$2.15tn (£1.55tn). Economists were hopeful that across the world government spending and monetary policy would keep the economy from totally collapsing. During the first wave of lockdowns and stay-at-home orders since December 2019, it was clear that industries that relied on in-person customers - like travel and some retail - were going to struggle, while others would more easily adapt to the "new normal". Tech-heavy companies that delivered products or services to people's homes—like Amazon, Netflix, and Shopify—thrived. To improve the impact of the pandemic, most countries adopted an expansionary monetary policy. The change in the real interest rate influenced the goods market. Aggregate demand changed but there was no…
- Q5. Officially, a recession is considered to be: (Pick one answer) A. Six months of increasing inflation B. Two quarters of decreased output C. Six quarters of decreased output Q7. When current output is less than potential output, the economy must have which of the following? (Pick one answer) A. Trade deficit B. Rise in inflationary expectations C. Increasing wages D. Cyclical unemploymentWrite a long essay on where the economy is going in 2022 – will the current recession continue or will the economy start to recover?Assume a country would like to increase investment by limiting consumption. What would be the point of a policy like that? What would be the impact on the economy? Who would benefit? Who would lose out?
- Governments across Europe have instituted austerity measures in an attempt to cut budget deficits which ballooned after the financial crisis. Are they right to do this at a time when the European economic recovery is acknowledged as being fragile?During global recession, cite some good measures that our government can undertake to augment its present revenue to be able to finance its programs and project for development.When the government budget deficit rises, national saving is reduced, interest rates rise, and investment falls. Select one: a. True b. False
