Give an example of a concept learned in this course that you think may be associated with weak macroeconomic performance . the list of concepts we learned so far is below Explain why this is case. Use real-world examples and explanations.   lists of concepts learned so far Describe economics and the economic way of thinking. Identify the components of an economic theory. Define scarcity. Explain opportunity cost and the rationale for choice. Define a market and competitive markets. Describe demand and the concept of demand, individual demand and the demand curve. Explain a change in demand versus a change in quantity demanded. Define supply and the concept of supply. Describe a change in supply versus change in quantity supplied. Illustrate and explain and illustrate how markets reach equilibrium price and quantity

In economics, positive statements are about_______ A the way things ought to be B the way things are. C macroeconomics, not microeconomics D.microeconomics, not macroeconomics

please can you answer my questions?

Answer question 1A i, ii, iii and iv

Define economics, macroeconomics, and microeconomics. Discuss whether the other-things-constant assumption applies to macroeconomics and microeconomics.

Hello, I would like some step-by-step demonstration (I am having a lot of problems to understand that)of one of my macroeconomics assignments. Thank you, have a nice evening! The U.S. economy slowed significantly in early 2008, and policy makers were extremely concerned about growth. To boost the economy, Congress passed several relief packages (the Economic Stimulus Act of 2008 and the American Recovery and Reinvestment Act of 2009) that combined would deliver about $700 billion in government spending. Assume, for the sake of argument, that this spending was in the form of payments made directly to consumers. The objective was to boost the economy by increasing the disposable income of American consumers. Calculate the initial change in aggregate consumer spending as a consequence of this policy measure if the marginal propensity to consume (MPC) in the United States is 0.5. Then calculate the resulting change in real GDP arising from the $700 billion in payments. Illustrate that…

menu   messageQ&A notifications account_circle                                                                                     Business EconomicsPrinciples of Macroeconomics (MindTap Course List)8th Edition   Describe three ways a government policymaker can try to raise the growth in living standards in a society. Are there any drawbacks to these policies?     Give your brain a boost. Try 5 free Q&As with our subject matter experts now.arrow_forward   Findarrow_forward Principles of Macroeconomics (Mind... 8th Edition N. Gregory Mankiw Publisher: Cengage Learning ISBN: 9781305971509 Chapter 12.3, Problem 3QQ Textbook Problem 343 views keyboard_arrow_up Describe three ways a government policymaker can try to raise the growth in living standards in a society. Are there any drawbacks to these policies? To determine keyboard_arrow_up Ways of increasing…

What is the importance of studying macroeconomics in our daily lives? (80 words minimum)

Behavioral economics is the field of economics that........... explores economic decision making using findings from experimental psychology. studies the impact of educational attainment on earnings. explores the impact of inflation on unemployment. attempts to explain macroeconomics using microeconomic foundations.

The second Nobel Memorial Prize in Economics was awarded to Paul Samuelson in 1970. Explain some of his contributions to the development of modern economics.