In your own words. What is more appropriate to help stimulate economic growth; consumption or investment demand? What sector do you think our economy should look at stimulating, consumers or businesses? Explain your reasoning using the concepts of aggregate demand and supply.
This is a bit tricky question. We know that both consumption and investment demand are indispensable for economic growth. Thus both are complementary rather than substitutes. Choosing the best between the two is like arguing who came first : egg or hen. But still from some evidences we can come to a solid conclusion, which is given as under:
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In your own words. What is more appropriate to help stimulate economic growth; consumption or investment...
What is more appropriate to help stimulate economic growth; consumption or investment demand? What sector do you think our economy should look at stimulating, consumers or businesses? Explain your reasoning using the concepts of aggregate demand and supply.
What is more appropriate to help stimulate economic growth; consumption or investment demand? What sector do you think our economy should look at stimulating, consumers or businesses? Explain your reasoning using the concepts of aggregate demand and supply
In your own words, discuss each type of economy and its benefit for economic growth. (Please consider the questions below when answering.) What is economics? How does capitalism create a climate for economic growth? What is gross domestic product (GDP)? What are pros and cons of a mixed economy?
please help The Coronavirus had a significant impact on the US economy. It has restricted our ability to go out to restaurants, bars, and sporting events. Many small businesses have a negative outlook on the economy and others have closed their doors permanently. In response to the virus, the federal reserve bank has reduced the target range of the federal funds rate to 0%-0.25%. The government also passed a $2.2 Trillion stimulus bill. Using the Aggregate Demand-Aggregate Supply framework, explain...
1. To stimulate economic activity during a severe recession, the strongest appropriate fiscal policy is: a. an increase in taxes and/or an increase in government spending b. an increase in taxes and/or a decrease in government spending! c. a decrease in taxes and/or an increase in government spending d. a decrease in taxes and/or a decrease in government spending e. a decrease in government purchases and/or a decrease in transfer payments 2. An increase in income tax rates: a. makes...
1) In your own words, explain what elasticity of supply is signifying. (Put in your own words – just don’t copy and paste the notes.) 2) Explain why a tax levied on a good with elastic supply will bring in less revenue for the government than one placed on a good with inelastic supply. 3) Briefly explain why both the Elasticity of Demand and the Elasticity of Supply are greater (that is, more elastic) at longer time horizons compared...
Please answer in 150 words. Question: In your own words what kind of economic effect has Obama Care had, and what effect will it have going forward, on the US? Think about unemployment, inflation, GDP, productivity etc., and remember to keep all discussions on a civil and Christ-like level.
Section C 30 45 60 Important: - Each answer should have minimum 100 words, if data or table used to support your answer, must give proper reference The economic glance data for 2012 is given below. The aggregate demand is equal to the national disposable income. (5 Marks Months Disposable income (In million) Aggregate supply January 50 February March 60 70 April 75 80 May 90 90 June 105 100 July August 135 September 150 130 October 165 140 November...
What is the market for loanble funds? Please explain it with your own words. Who is demanding loans and who is supplying loans? Can you think about a substitute word for demand loans and one for supply loans?
4 pts Question 20 The National Bureau of Economic Research (NBER) is the organization that determines the official start and end dates of a recession. This week, the NBER announced that the US has officially entered a recession starting after February 2020, ending the longest expansion on record that started in June 2009 (the previous longest expansion from 1991 to 2001 was 8 months shorter). right before the Great Recession According to the NBER, December 2007 was the business cycle...