Explain relationship between production, income, and expenditure in a mechanism of business cycle. What are “virtuous”...

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Explain relationship between production, income, and expenditure in a mechanism of business cycle. What are “virtuous”...

Explain relationship between production, income, and expenditure in a mechanism of business cycle. What are “virtuous” and “vicious” business cycles? Discuss the current situation of Japan’s economy in terms of such business cycles, compare with the past pattern, and/or show your own projection or desirable path of Japanese economy.

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Answer 1

Answer #1

The relationship between production, income, and expenditure in a mechanism of business cycle is explained by describing each phase in business cycle .

The Japanese current economic situation is explained by comparing with past situations.

The xelationshtp beluscen incomeand ex plaine of be l tionship bel these-factors Y. the mechan -ed the一.dfPP ehent-prahts - cyc an te în each cycle thtre phass namely rogolyptuneetty and intermediary phases namel Peak 5 Recover hec stelationdhlp ketueen proclut etwcen prouch ion in Come and expenditu in each phase atven below

this phase the prodution income an d also expen ditun he Javestment opportunt tieb incxeases As the nvestmen ts facreasu sale which ultimately inCreases inlome 2 Ihe oduchon 2e duces becau se the dema nd- As a result the inlome staxts -1ts in the increase ok Irnal products İn this phase the Company achieves its mali mum limit and stops-janro tunthep In come and the pro de sre not awarc thecost oP he venue and the de Eon- goods seduces nthta-phaseーテーprodu (es donot fnvest tur thex the prdutha dle clints belo the normal level and also ependi tux as bufficient not geneyatedto il ReLavery 1nthis phase,the compan seducing-Rurather phasethe thhe As rduuchon leve incyea Δ the -- pe ndi tuses also Vistuorus circle and iciOuA :→Vivtuoud and vicious cycle. Indicatesthe Outcome of dle Pinite Porces that auses ave Complexe△ op-events - with no al Pinity totwaxd s eyuilihrilum n vicious cy cle 1s one which ndicata negative impact indicate positive mpact cycle Exom the beginning P met the C theiy aminstya tors tre nd towar d△ and-the pradin In the 1999 Co in the yea 200D In the gas, eLonomy the economy stood at the Slope bf business Cu -louking at these situahons the Japana-administYahon- launcitd many pinantial fnsti tu bans and baought avーChanges Asaesult, the tendent en especially in Treated ed est fn the th by nominal D GDp and 4 Future ng at prisent and then eapected to moveonto a nea deve Lopment path The onaping o da The diqitization of home appliante 人ㄧㄧㄧㄧㄨ as wel

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Answer 2

Explain relationship between production, income, and expenditure in a mechanism of business cycle. What are “virtuous”...

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