four primary goals governments strive to achieve in order to improve  country's macroeconomy and briefly explain if these goals are all achieveable.

Q: To measure the vital signs - or indicators of the strengths or weaknesses of an economy include…

A: Strength and weaknesses is the part of the economy,  Strength of the economy means economy moves…

Q: Draw a simple circular flow diagram (without government) and use the relationships shown in the…

A: In the two-sector circular flow of income model, there are two sectors- the households and the…

Q: Name the four segments of the economy

A: The economy is the one where there are mainly three sectors in the economy. The main sectors of the…

Q: Which statement is TRUE regarding a country with a very large informal economy? The burden of taxes…

A: In case of large informal economy in any country just like in India government has not data to…

Q: According to a circular flow diagram of a given country, which of the following is false? a) Income…

A: Here False statement is “Currency received from foreign countries can be used to purchase exports,…

Q: An economy starts off with a per capita GDP of $4100. How large will per capita GDP be if it grows…

A: GDP is an estimation that looks to catch a country's monetary result. Nations with bigger GDPs will…

Q: What are THREE public policies that can stimulate employment and facilitate economic growth in an…

A: Economic growth refers to the rise in the production of economic goods and services when comparing…

Q: Tom says the economy should focus more on producing fun things people can buy if it is going to…

A: Answer: In my point of view, Tom is right because when economic growth is in question, then…

Q: 25. COVID has badly affected the world economies. Most of the countries are reporting a significant…

A: Microeconomics:-  Microeconomics is that part of economics which is concerned with the behavior of…

Q: Briefly explain the classical view of labor market with diagram.

A: The labor market shows the interaction between labor demand and labor supply in the labor market.…

Q: What are the three important macroeconomic goals about which most economists, and society at large,…

A: Macroeconomics: It relates to the whole economy.

Q: If GDP is $20 trillion, how many years will it take for GDP to increase to $160 trillion if annual…

A: GDP measures the value of goods and services that are produced within the economy in a given year.…

Q: How does squeezing the life out of an economy help it revive?

A: Economy: It refers to a place where the production of goods and services takes place. In an economy,…

Q: Which of the following equation represents GDP measured by the components of demand Group of answer…

A: GDP is the value of final goods and services produced in the economy within a given period of time.

Q: Using the data in Table , rank the seven regions of the world according to GDP and then according to…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: What is neoliberalism, why does it matter, and what are some differences in terms of how different…

A: Neoliberalism is a policy model that combines politics and economics, with the goal of transferring…

Q: In Zionville, GDP is $26,500. Consumption spending is $12,000, Investment spending is $5000, exports…

A: GDP is the sum of consumption(C) investment(I), government expenditure(G) and net export(NX)

Q: Briefly discuss the macroeconomic benefits of a highly educated and skilled work force and then…

A: Highly educated and skilled workforce are highly beneficial for an economy. an informed and skilled…

Q: Which of the following statements about sending foreign aid to low-income countries is TRUE? Group…

A: Foreign aid is any type of assistance provided voluntarily by one country to another in the form of…

Q: Refer to the above table.  Between years 1 and 2, real GDP grew by __________ percent in Alta:…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: GDP increased from $

A: GDP is an important macroeconomic measure of growth that is used to determine the total aggregate…

Q: Market solutions would take too long

A: John Maynard Keynes more focus on demand side to come out from recession. He believe demand creates…

Q: Good government programs for the development in science and technology can be seen outright

A: Government job in science and technology (S&T), albeit auxiliary to industry's, is no less…

Q: When the economy has a positive GDP gap,  A   Potential GDP exceeds actual GDP B   Potential GDP…

A: The total monetary or market value of all finished goods and services produced within a country's…

Q: Briefly explain whether investment spending is likely to increase more rapidly in a country with a…

A: In an economy, the growth of population affects the actual economic growth and other economic…

Q: Hi there . can you please assist on the following question below  Describe each of the following…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: The actual GDP is currently $100 billion per year and potential real GDP is currently $200 billion.…

A: Use the below formula: GDP gap = Potential GDP - Actual GDP

Q: How would the economy change with a new president? What does it mean for economic growth and job…

A: Economic growth is defined as the increase in the amount of real GDP produced, i.e. Increase in the…

Q: A balanced federal budget and a balance of trade are secondary goals of macroeconomics, while growth…

A: Balance budget means a budget of government in which they will maintain the expenditure equivalent…

Q: A nation's potential output/GDP is best described as: The maximum level of output/GDP which can be…

A: GDP is the value of final goods and services produced in the economy within a given period of time

Q: The table below shows aggregate values a hypothetical country. Real GDP is equ GDP. The numbers are…

A: Aggregate expenditure is the sum of consumption, investment and government spending in a closed…

Q: Which system of taxes is best? Why does that system is the most effective way for the government to…

A: Mainly there are 3 types of taxes which are imposed by the government. These are proportional…

Q: Potential GDP refers to   a. the level of output that an economy can produce when all resources…

A: Potential GDP is an estimation of the value of GDP by an economist or a theoretical construct by an…

Q: identify and explain how the 2 central economic policies used by the US government

A: The United States has a mixed economy. It works as per a financial framework that highlights…

Q: How much more output does the $20 trillion U.S economy produce when GDP increases by 1.0 percent?

A: Output – it the total amount of commodities or services produced in a particular time period.…

Q: How would you interpret the graph of an economy? What conditions/gaps are they experiencing?

A: Diagrams and outlines are visual portrayals of information as focuses, lines, bars, and pie graphs.…

Q: Explain how China’s real GDP can grow at a 6.9 percent rate when consumption and investment grew…

A: GDP denotes the total aggregate output that is produced in the country at a given time period. It is…

Q: Solve the attachment

A: The aggregate income of the economy is= consumption+investment+government expenditure+export

Q: Q.9.1 Which one of the following statements is INCORRECT?  (a) Provincial government forms part of…

A: As bartleby guidelines only Q.9.1 answer.

Q: A balanced federal budget and a balance of tradeare secondary goals of macroeconomics, while…

A: Balance budget means a budget of government in which they will maintain the expenditure equivalent…