Who was the President of the United States in 2008?

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: The interest rates are considerably higher in Turkey. How do you think the high interest rates…

A: Interest rates are one of the very important macroeconomic variables that have an effect on GDP, the…

Q: Will Texas ever be a swing state?

A: Geologically, Texas is assorted and enormous involving practically 7% of land and water. It is the…

Q: How would the Canadian economy be different if the United States had not been one of our most…

A: The economies of Canada and the United States are comparative since they are both developed…

Q: What percentage of the economy was the of the economy was the Federal Government responsible for in…

A: The Federal Government refers to the national government of a country, and the term is often used to…

Q: Full employment mean that everyone in a nation is working. True or false

A: Unemployment rate  is the part of labor force that is impoverished in terms of work opportunities.…

Q: Discuss the circular economy.

A: Circular flow/ circular economy model explains how an economy functions. It analyses the way goods,…

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 do you think globalization has affected the economy over the past decade?  In your explanation,…

A: Globalization refers to the movement of goods and services accross the world. This implies when…

Q: Why did the U.S. economy struggle in the 1970s? How was the period after 1973 different from…

A: Volcker rule, named after the chairman of Federal Reserve, Paul Volcker (1979 - 1987), doubled the…

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: If you had to make a choice today between a policy that would head off increases in inflation or…

A: Phillip curve refers to the single equation economic model, named after William Phillips, tells an…

Q: John Maynard Keynes

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

Q: What was Milton Friedman’s work?

A: When talking about economists, Milton Friedman was the popular economist who gave many economic…

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: Using an AD/AS diagram, demonstrate what happens when foreigners buy more American goods?

A: AD-AS model is used to determine equilibrium real GDP and price level in the economy.

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 is the current unemployment rate in the United States as of January 2021? What was the…

A: Unemployment rate The unemployment rate basically refers to the percentage of the workforce that is…

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: suppose the United States has serious economic problems. How would this most likely affect the world…

A: Economy is the term that is used to explain the economic position and other economic factor of the…

Q: How does republicanism differ from democracy?

A: Forms of government refer to the various types of relationships between people and their regulating…

Q: How did the recession of 2008 effect the Mexican population in the United States? Are there any…

A: Immigration deepens ethnic and socioeconomic diversity, which could contribute to the development of…

Q: How severe was the great recession? What pieces of economic data would you cite to support the…

A: The great recession is the global downturn in the economy starting from 2007 to 2009 after the…

Q: Why do many communist countries use a command economy

A: The command economy is a part of a communist political framework, while an unregulated economy…

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: What will be the impact of the changing demographics on U.S business and economy ?

A: Because of changing demographics,U.S business and economy would develop at a faster rate.

Q: Name 10 countries with the highest policy rate and the impact of the policy rate on their economies

A: The countries having the highest policy rates as of 2019 are listed in the table

Q: Why are price levels are lower in poorer countries? Discuss some theories.

A: In poor countries, where labor is bountiful, work serious goods and services (nontradable) can be…

Q: How do I rewrite this Rwanda has guarded its political stability since the 1994 genocide against the…

A: Political economics, also known as political economy, is a subfield of economics that focuses on the…

Q: Should countries with stable economies, like Germany, be responsible for bailing out countries that…

A: Stable Economies A word used to describe a country's financial system that exhibits generally low…

Q: what happen to the country if the government income decrease?

A: Tax is one of the significant sources of income for the public authority to do its work. Tax income…

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: How did Greeces government fail the population in 2007-2010

A: Governments create laws, or rules governing the economy, levy taxes, and make expenditures.The…

Q: When current output is less than potential output, the economy must have which of the following? (…

A: Current output refers to the actual level of production in an economy at a given point in time. It…

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

A: Job keeper scheme is for recovery from covid 19. Under this scheme,there would be tax benefits.