Macroeconomics

During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections. On the other hand, with the rise in unemployment, spending on safety net programs rise. So, to stabilize the...

Macroeconomics

Analyzing the current economic conditions and provide 3 policy recommendations that will either provide stability or maintain it. Based on a potential GDP of $19.3 trillion and a natural rate of unemployment of 4.3 %, research the tools you learned about in Unit 2...

Macroeconomics

Research Project 2: Endogenous Verses Exogenous Growth Theories In neoclassical growth models, the source of growth is exogenous usually “technology”. Such theoretical models hence are able to describe how an economy grows, but not why it grows. To...

Macroeconomics

1.Explain the shapes of the aggregate demand curve and the aggregate supp curve, and how they interact to determine real GDP and the price level for a nation. a.(Aggregate Demand and Supply) Review the information on demand and supply curves in Chapter 4. How do the...

Macroeconomics

Find a timely article that deals with a macroeconomic topic in an established newspaper or magazine that has been published in 2018 and 2019. The following is a list of possible newspaper and magazine sources: Newspapers: The Wall Street Journal The Financial Times...