according to real bussiness cycle theory what is the source of business cycle?what is the role of fluctuations in the rate of technological change?how do real gdp and price level change if the forecast of inflation is incorrect
In: Economics
Health Econ Question: How do hospitals and physicians contribute to the rising costs of health care?
In: Economics
In: Economics
In: Economics
Why FOMC is important?
What does FOMC do?
Can the Fed control over the federal funds rate and over bank reserves simultaneously?
In: Economics
One of the Principles of economics “Trade Can Make Everyone Better Off.” Based on your understanding of this principle, first, explain the fundamental principles of the trade between the two countries. Today we can see that some countries started to impose some restrictions on the flow of goods and services, do you think these practices contradict the principle? Why?
I need the answer minimum of 500 words please.
In: Economics
What is important about the Fair Pricing price and when would it be used instead of the Social Optimal price?
In: Economics
Explain the reason for the following phenomenon: At parties in
which several
conversations are simultaneously in progress, it is common for
everybody to be shouting
to be heard over everybody else, whereas they would all be heard
better (and save wear
and tear on their vocal chords) if they all spoke in normal tones
of voice.
In: Economics
Today and due to the spread of COVID19, we can observe that some sectors in an economy are expanding will others contracting. Using the demand-supply framework, give an example for one industry that is growing and one industry that is shrinking. Use the graphs to explain your idea and demonstrate why this is happening.
I need the answer of minimum 800 words.
In: Economics
In: Economics
In: Economics
As explained in the textbook Principles of Macroeconomics, explain the main factors that led to significant economic growth in the United States during the 20th Century.
In: Economics
In: Economics
Suppose two seemingly similar goods or services with significantly different prices. Discuss a minimum of three different possible explanations of why those price differences might exist. Be specific about your assumptions. Be clear in why those goods or services have different prices and whether or not those price differences might disappear over time. Give examples of two goods that might fit each of your explanations. What generalizations about how prices relate to one another can you make?
In: Economics
EXPLAIN IN DETAIL HOW THE MULTIPLIER WORKS TO IMPACT GDP?
In: Economics