Which policy would be better or effective for stabilizing an economy, monetary or fiscal?

Q: Which economic policies did Ronald Reagan pursue as president?

A: Ronald Reagan was the 40th President of the United States who has a major contribution in the…

Q: Suppose the Hong Kong economy is under recession. How does it affect the opportunity cost of going…

A: A recession is an economic situation where a country faces low demand, slow growth, and less…

Q: Discuss the role of positive economics and narrative economies in the policymaking?

A: The discipline of economics that deals with describing and understanding economic phenomena is known…

Q: Need two important central problems of the economy

A: According to the given question In Simple words we can say that economics is defined as a management…

Q: Which are the changes from Polanyi’s The Great Transformation to the current situation in Europe and…

A: The Great Transformation- It is Book written by American Economist Karl Polanyi in 1944. In this…

Q: What are the different between Classical and Marginalist?

A: Economics is a social science which studies the efficient allocation of scarce resources of economy.…

Q: Discuss in detail the two macroeconomic policies and explain how the government applies such…

A: Macroeconomics studies the entire economy as a whole which includes the sum total of individual…

Q: Differentiate between classical and neo-classical economics.

A: "Classical" and "neoclassical" are the names for two philosophical approaches to economics. As the…

Q: What was Reaganomics, and what were its most important long-term consequences?

A: (Q) What was Reaganomics, and what were its most important long-term consequences?

Q: A developing country adopts a supply-side economic model, emphasizing policies that increase…

A: The central issue here is the critical point of adopting an inventory-side financial model in…

Q: What are some barriers to the circular economy ?

A: An alternative to the typical linear economy is the circular economy (take, make, waste). It aims to…

Q: How does macroeconomics help analyze the impact of the coronavirus that swept the world late last,…

A: The Coronavirus or Covid-19 is the most discussed dangerous pandemic that is currently active all…

Q: According to the trilemma, which three macroeconomic policies are mutually inconsistent?

A: The currencies are bought and sold in the foreign exchange market. The equilibrium price of foreign…

Q: Does neoliberalism mean the retreat of the state?

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

Q: What role international trade and foreign investment can play in solving some of the problems…

A: The big push model is a concept in development economics or welfare economics that emphasizes that a…

Q: How would you compare and contrast Keynesian and neo-classical theories?

A: Keynesian economists start from the theory of Keynes who was summoned by the President of Country U…

Q: Compare both the classical and modern theory of the economic activities of the state

A: An economic theory is a body of concepts and precepts that describes how various economies operate.…

Q: Discuss in detail, how to achieve the macroeconomic policy targets

A: Macroeconomic policies are the government actions to deal with the instability of the broader…

Q: John Maynard Keynes

A: John Maynard Keynes is the father of Keynesian economics. He gave the short-run mechanism of…

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: Enlist the most prominent macroeconomic problems which need proper attention of policy makers in…

A: Macroeconomics: - it is the study of various economic decisions taken on the account of the whole…

Q: From your perspective, what are the current shifts in global stratification? How does this affect…

A: The objective of the question is to understand the current shifts in global stratification and how…

Q: What are the flaws in each of the framework model's political or social mechanisms?

A: Political mechanisms: This article situates mechanism- and process-based explanations within the…

Q: Do you think is it possible to measure the true impact of war on an economy? If so, how?

A: A war occurs when countries fight with each other.

Q: What’s are the most important economic drivers in the United States economy?

A: The US economy is a mixed and developed economy by being the largest in the world in terms of net…

Q: Do economists have a role in policymaking non-economic topics?

A: Economists can assume a part in policymaking on non-monetary points, contingent upon their mastery…

Q: how Ricardian model results in an increase in production in the world

A: International trade: - it means the buying and selling of goods and services with other countries.

Q: Critically analyse the key macroeconomic concerns

A: Macroeconomics is the study of the general functioning of the economy. Since microeconomics focuses…

Q: According to John Maynard Keynes, what are the major sources of economic instability?

A: Inflation is the rise in the prices of goods and services over some time.

Q: Do you think that the conventional economic system will create economic stability? Why or why not?…

A: A traditional economic system is one in which human activities such as distribution, production,…

Q: Has the United States economy effectivily recovered from The Great Depression

A: The Great depression of 1930 still affects the United States in many such as it provides an example…

Q: How does neoliberalism differ from classical liberalism in its approach to economics? Group of…

A: Neoliberal proponents may use classical liberal logic to justify neoliberal policies. The…

Q: What is the doughnut economy model? What are their main propositions? Evaluate its relationship with…

A: Environmental economics is important right now because it tackles the financial consequences of…

Q: What was one of John Mayland Keynes’s major economic belief

A: John Maynard Keynes was an early 20th-century British economist, regarded as the founder of…

Q: what does macroeconmics learn

A: Macroeconomics study about the economic problem and issue at a large level. For example national…

Q: ow well do  ordinary people and  corporate executives conform to the way neo-classical economic…

A: Neo classical theory assumes that market forces of demand and supply are responsible for market…

Q: What is “Clintonomics”? Describe the changes to the U.S. economy during the 1990s. What role did…

A: An economy is that the massive set of inter-related production, consumption, and exchange activities…

Q: What type of policy is made up of fiscal and monetary policy?

A: Both fiscal and monetary policies are implemented with the aim of making the economy free from…

Q: Can market intervention by the government make things worse? Are there any other remedies for…

A: Market interventions are actions that alter or obstruct the market; typically taken by state-run…

Q: What led to the rise of japan's economy

A: Introduction Common attribute of Japan's macroeconomics the enormous social and economic boom that…

Q: Who did Milton Friedman advise with his economic theory?

A: Milton Friedman was an American economist and statistician who believed strongly in free market…