Many are saying that the U.S. economy is presently on the initial stage of experiencing economic recession due to the instability that is happening on major...
Fundamentals of Macroeconomics Paper There are a number of economic activities that are directly related to the government, households, and businesses. With these economic activities you...
What is Macroeconomics? Macroeconomics vs.. Microeconomics Why Study Macroeconomics? Influential macroeconomic events Macro Economic Policy Key Macroeconomic Variables Rules of the Class Either you speak or...
Economics studies How society manages its scarce resources social welfare ethical use of resources protection of workers’ rights 5 points Question 2 1. GAP Is the...
With the decline on the disposable income of every household in the economy, domestic consumption started to deteriorate creating a negative impact on various industries including...
When doing the nominal GAP, the GAP will look higher than it actually is due to not taking inflation into factor. Define and Explain Unemployment Rate...
According to an article entitled “Macroeconomic Policy: Objectives and Instruments” states that goal of Macroeconomics is finding efficiency and equity that looks at the different levels...