2In a graph, show me an example of a recessionary gap? Who dictates wages and why?...

2In a graph, show me an example of a recessionary gap? Who dictates wages and why?

3 In a graph, show me an example of an inflationary gap? Who dictates wage and why?

4 Explain what a self-regulating economy is? No googling. Use your own words.

5 What did John Maynard Keynes say about a self-regulating economy?

6 We had a few government bailouts in 2009. We’ve had a few government bailouts in 2020. Was Keynes right? Should the government interfere with the free market? Should the people have gotten more than $1200 one-time payment? Explain. Why should big corporations and the wealthy get bailed out and the people get a one-time $1200 payment? Explain.

7 Who do you think will be the next country to rival the United States? Or will there be another country that can rival the United States?

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Rahul Sunny answered 2 years ago

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2In a graph, show me an example of a recessionary gap? Who dictates wages and why?...

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