What is the Job Keeper scheme in terms of fiscal policy?

Q: Is the federal government effective in the jobs we expect it to do?

A: A theoretical approach on regulation, employment, and the economy Proponents of deregulation have…

Q: Why might “belt-tightening” by consumers in a recession be unwelcome?

A: Recession is a phase of business cycle when there is a fall in the economic activity, associated…

Q: Are people necessarily worse off when the price level rises at the same rate as their income?

A: Quantity of enterprise depends on certain criterias. It would increase if there are maximum number…

Q: What is supply side economics

A: Economics is that branch of knowledge in which we study the scarcity of resources and unlimited…

Q: What do you expect about the unemployment rate and inflation rate when we have the actual level of…

A: Actual level of output refers to the production of goods and services that are actually produced in…

Q: Please  explain and discuss supply-side economics.

A: Supply-Side Economics helps in increasing aggregate supply (AS). supply-side also helps in creasing…

Q: What is the wealth gap?

A: Uneven distribution of assets among the citizens of a country creates wealth gap. Increase in…

Q: What are the 4 policies that the Supply-side Model supports?

A: Supply-side models focus on stimulating economic growth by increasing the supply(SS) of services and…

Q: What is Classical and Keynesian Aggregate Supply curves And what is supply side policy. Explain with…

A: In an economy, classical and Keynesian are the two primary approaches used to make economic…

Q: Can you please further explain as why the final demand cannot be reduced by 125?

A: The Input-Output model is used in  to describe the flow of goods and services between different…

Q: What impact does full employment have on the economy?

A: When all the labor resources in an economy are utilized in an optimum manner or in the most…

Q: Should the government replace the wages of anyone who is unemployed? How might this affect output…

A: If unemployed person paid by a fixed amount by the state or trade unions, is known as the…

Q: Discuss the impact of taxes and autonoumous consumption on the price level.

A: Collection of tax moves the market to another point of equilibrium where the price of a commodity…

Q: Explain the push and pull factors and discuss how they impact on FDI flows

A: Introduction Foreign Direct Investment (FDI) is an international capital investment made by a…

Q: Recalling Clasical, Keynesian, and now Supply side economics. How would you describe each school

A: The objective of this question is to provide a brief description of three major schools of economic…

Q: Which firms and industries have benefited from Reagan’s policy change and why?

A: Reagan’s policy address the supply side of the economy. The policy promised reduction in income tax…

Q: ...... Ratios and Percentages We can express one quantity in terms of another is a variety of ways…

A: GDP is a commonly used metric for calculating the value added generated by a country's output of…

Q: show what happened in during the Great Depression.

A: The Great Depression was in the 1930s, which was a worldwide economic shock. It happened in most of…

Q: Households tend to increase their spending during a recession because they realize that more…

A: Recession:- Recession can be defined as a period of economic contraction during which economic trade…

Q: Suppose an economy has a high rate of unemployment and a high rate of inflation. What kind of policy…

A: The measure that depicts a general rise in the price level of goods and services during a specified…

Q: What is the difference between fiscal and monetary policy? What fiscal and monetary steps can the…

A: The tools of fiscal and monetary policy for keeping the growth of the economy stable include low…

Q: Whic are the taxes are replaced by the GST?

A: GST stands for Goods and service taxes.

Q: Please help. Can you draw a model or IS-LM (income spending money demand and supply model)…

A: IS-LM Model  IS-LM model is used in economics to show the relationship between the interest rate…

Q: What happens when aggregate demand Increases? give examples in paragraphs

A: Aggregate demand is the summation of individual demand made in the economy for a given time.…

Q: Which substitute we may use if future prices are not expected to follow thegeneral inflation rate?

A: Future price refers to the future value of the same commodity at some set future date.  The general…

Q: What is the economic condition that results from the decrease in SRAS called?

A: When the AD or SRAS curves shift, shocks occur. If the economy shifts suddenly, the aggregate demand…

Q: Which of the following is an effect of deflation on debt? a) Debt becomes easier to repay b) Debt…

A: The question is to pinpoint the inapplicability of debt to deflation. Understanding such a…

Q: what is the dust bowl in America during the great deppression?

A: The economy is not constant. Sometimes there is recession and sometimes there is inflation. In…

Q: Briefly explain in a paragraph or two why you would rather be a borrower during a period of…

A: During a period of unexpected rising inflation, it is generally advantageous to be a borrower.…

Q: explain the role of supply side policy in macro economic policy

A: Macroeconomics is a part of economics that deals with production, decision and allocation concerning…

Q: What is supply side economics and what is the general assessment of the efficacy of supply-side…

A: Some refer to supply-side economics as "Reaganomics" or the "trickle-down" doctrine advocated by…

Q: om

A: The job keeper payment policy in turn helps businesses being affected by Covid 19 in order to render…

Q: Which is likely if more concern to policy makers: a cyclical or a structural deficit?

A: A cyclical deficit refers to a temporary imbalance in a government's budget caused by fluctuations…