Who was the President of the United States in 2008?

Q: At the peak of the business cycle, which economic indicator will enter the “danger zone”? How about…

A: The business cycle, also known as the economic cycle or trade cycle, are the fluctuations of gross…

Q: What would be one way to make sure the Great Depression or any recession does not happen again?

A: The Great Depression was the world's worst and longest economic downturn in modern history.The Great…

Q: What is the macroeconomic policy and how does it impact the United States and the world?

A: Macroeconomics is the study of the subject economics but at an aggregate level. The study of…

Q: Why should the government try to help the economy and support it? Give at least two reasons.

A: A government plays a significant role in influencing the market outcome and to make changes in the…

Q: Write a long essay on where the economy is going in 2022 – will the current recession continue or…

A: Recession is defined as a macroeconomic term which refers to a significant decline in the economic…

Q: What went wrong with the U.S. economy in 2008?

A: The history of the economic facts of several economies has been outstanding and hilarious at the…

Q: What is aggregate demand and supply?

A: In economics, output is the amount of products and services produced during a given period of time.…

Q: What are some economic policies (fiscal AND monetary) that should be enacted to stabilize the…

A: The following problem has been solved as follows:

Q: What are some barriers to the circular economy ?

A: An alternative to the typical linear economy is the circular economy (take, make, waste). It aims to…

Q: What prompted greater intervention by the German government in 2009?

A: The German economy is mostly mixed in nature. However, free-market ideologies are highly implemented…

Q: How does squeezing the life out of an economy help it revive?

A: Economy: It refers to a place where the production of goods and services takes place. In an economy,…

Q: Why is the US economy so large?

A: The size of any economy can be measured by many parameters, the most used one is the Gross Domestic…

Q: Using an AD/AS diagram, demonstrate what happens when foreigners buy more American goods?

A: AD-AS model is used to determine equilibrium real GDP and price level in the economy.

Q: Can you compare and contrast the main points of the great recession and the great depression?

A: The great recession is situation of lower economic activity or a movement from the highest peak of…

Q: Who is Churchill's economic advisor and why he is the reason Churchill lost the re-election.

A: Introduction: Frederick Alexander Lindemann, 1st Viscount Cherwell, CH, PC, FRS was a British…

Q: business cycle

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

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: How severe was the great recession? What pieces of economic data would you cite to support the…

A: The great recession is the global downturn in the economy starting from 2007 to 2009 after the…

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: 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: It is possible for unemployment in a nation to reach 0%. True or false

A: When people who are willing to work and are able to work are unable to get jobs, then they are…

Q: Please explain how wealth destruction works in an economic recession.

A: Recession: - it is an economic condition where the overall economic activity declines in an economy.

Q: turkey's shadow economy

A: The shadow economy means activity and business transactions of all work that occur ‘below the radar’…

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: need the changes to equililbrium picture answered the market change picture was the previous…

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

Q: What were the causes and consequences of the Great Recession?

A: The great depression as the name itself suggest is one of the greatest event in the history. It…

Q: How do political dynasties affect society

A: A political dynasty, can often be call a political family system, is a family system in which the…

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: 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: HOW  AND  WHY WAS THE PROSPERITY AND ECONOMY OF THE 1950’S AND EARLY 1960’S SOUNDER AND MORE STABLE…

A: The prosperity and economy of the 1950s and early 1960s was sound and more stable than that of the…

Q: G2

A: Effective annual rate (EAR) = [1 + (r / m)]m - 1, where r: Stated annual nominal rate and m: Number…

Q: How would the economy change with a new president? What does it mean for economic growth and job…

A: Economic growth is defined as the increase in the amount of real GDP produced, i.e. Increase in the…

Q: The president has to make any changes to the economy through the U.S Mint? True or False

A: The purpose of the country U Mint is to manufacture, collect, and distribute precious metals,…

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: Do you think there is a predictable relationship between the business cycle and aggregate investment…

A: The fluctuation in the economic activity is tracked by the business cycle. In an economy, the fall…

Q: Who is the new prime minister of Japan ?

A: The Japanese Government is the country's national government. The Japanese government is divided…

Q: Is there a personal responsibility to intervene and assist in a recession? Should Christians step up…

A: Well technically christians cannot do much in recession.It is the responsibility of the government…

Q: what do you see as the top 3 major drivers that will influence the performance of the global economy…

A: The four fundamental areas of drivers for globalization are market, government; cost, and contest.…

Q: How big is a billion?

A: The money supply in an economy is controlled by the central bank. The central bank used various…

Q: Which is better in developing and developed countries, is fiscal policy or monetary policy?

A: The two most well-known tools used to influence a country's economic activity are monetary policy…

Q: If an economy is not expanding and the economy is therefore suffering from high unemployment, then…

A: When an economy is not expanding and is suffering from high unemployment, the economy is in threat…