Macroeconomics

Follow these steps:A. Identify the problem: Inflation (I) or Unemployment (UE). If Unemployment, state which type of unemployment.B. If it is cyclical unemployment, list the two ways Fiscal Policy can be used to resolve the problem. If it is some other type of...

Macroeconomics

1.What are the functions of money? What happens when the Federal Reserve buys bonds? Sells bonds?What can you conclude from the following: an increase in real gross domestic product (GDP), falling unemployment, and increasing inflation?In what phase of the business...

Macroeconomics

Description Q1. What is the relationship between the short-run Phillips curve and the long-run one? Hint: the answer lies on explaining the transition besides the shape of the curves.Q2. According to macroeconomists, what would happen if a higher inflation rate...

Macroeconomics

Explain why China has allowed banks to make risky loans that may not be repaid and how the loans have increased economic growth (RGDP).Next, discuss how tighter bank supervision may further restrain future economic growth which is already slowing. Sample...

Macroeconomics

Compare and contrast the causes, costs, resolution methods and regulatory lessons learnt from TWO of the following post-2007 financial crises:(a) Irish banking crisis(b) UK banking crisis(c) Icelandic banking crisis(d) Cyprus banking crisis of 2012-13.In your...