Which of the following best describes the operation of ‘automatic stabilisers’? Select one: a. Some components of government spending inevitably increase when output falls. b. The economy always tends toward full employment. c. When saving increases, investment increases. d. When consumption falls, investment increases.

"Whether it's a husband and wife at their dinner table, whether it's a small or large business, or a government, economic principles are all the same: you have to spend less than you make" - State Representative Tom Forese (R., Arizona) in 2011. Explain what's wrong with this idea from a macroeconomic point of view. HTML Editor B IUA A 工E 三三三 xx 三E 田 回 深 T 1 12pt Paragrap

What are the implications and application of the principle-agent in the real economy? Lemon market case and hold up

please read the question carefully. you dont need to answer the numbered questions, they are only topics that we learned so far in the course.   Give an example of a concept learned in this course that you think may be associated with strong macroeconomic performance. the list below is what we learned so far. Explain why this is the case. Use real-world examples and explanations.     lists of concepts we learned: 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.

3.) Which of the following is NOT part of the opportunity cost of attending TCNJ? a.) Tuition b.) Room and board c.) Cost of textbooks d.) Foregone wages 4.) Which of the following statements is TRUE? a.) Economists seek to apply the scientific method to social science questions. b.) Models can provide useful insights even though they are simplifications of reality. c.) The validity of an economic assumption depends on context. d.) All of the above