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under what circumstances would a rightward shift in the adi curve lead to a permanent increase in real national
what are the problems of relying on automatic fiscal stabilizers to ensure a stable economy at full
does it matter if a country has a large national debt as a proportion of its national
if the government is running a budget deficit does this mean that national income will
what factors determine the effectiveness of discretionary fiscal
why is it difficult to use fiscal policy to fine tune the
is it possible for the government to target the money supply over the longer term without targeting the
what are the mechanics whereby the central bank raises the rate of
what is good harts law how is it relevant toa monetary policynbspb using assignment grades to assess a students
it is easier to control the monetary base than broader money but it is less relevant to do so do you agree with this
is there a compromise between purely discretionary policy and adhering to strict
compare the relative merits of targetingnbspa the money supplynbspb the exchange ratenbspc the rate of
for what reasons might the long-run aggregate supply curve benbspa verticalnbspb upward slopingnbspc downward
how would you attempt to assess whether a particular period of inflation was the result of cost push or demand pull
what is the difference between adaptive expectations and rational
how can adaptive expectations of inflation result in clockwise phillips loops why would these loops not be completely
what implications would a vertical short run aggregate supply curve have for the effects of demand management
for what reasons may the nairu for what reasons may the nairu
given the keynesian explanation for the persistence of high levels of unemployment after the recessions of the early
for what reasons do countries experience very different long run rates of economic growth from each
why do developed countries experience a degree of convergence over time would you expect there to be total convergence
if increased investment using current technology does not lead to increased long run economic growth does it bring any
what determines the rate of depreciation what would happen if the rate of depreciation
what is meant by the steady state economic growth path what determines its
what is the significance of the term endogenousa in endogenous growth theory what according to this theory determines