Determinants of economic growth-development
Problem: Explain briefly the fundamental determinants of economic growth and development. According to you, which of these factors is more important? Why?
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How do you see the magnitude of future business cycles as compared to the previous cycles we have experienced, and what are the implications for long-term economic growth?
To reduce the federal deficit, the government would have to cut back on government purchase, transfer payments, and/or increase taxes. How does the federal deficit affect GDP and the multiplier?
GDP growth is approximately 1.5% and has been at that level for two years. Inflation, as measured by both the CPI and GDP deflator has been at approximately 1-2% for the last two years.
Problem: Explain why housing prices vary from city to city. Clearly explain how supply and demand affect the prices of the homes.
Problem 1: Examine the contribution that automatic stabilizers play in creating a stable economy.
How does the democratic political system lead politicians to emphasize points outside the production possibility curve?
Research the factors behind economic growth in Hong Kong and Singapore, the two factors that affect economic growth are capital deepening and technological progress.
Question: Problems that identify flexable and sticky price equalibria. Question: what are the diferences between behavioral and equalibrium relationships?
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