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

explain the role of supply side policy in macro economic policy

Why did housing prices rise sharply during 2002-2005? Why did the mortgage default rate increase so sharply during 2006 and 2007 before the 2008-2009 recession began?

How can the theory of duality help policymakers regarding supply-side economics? Discuss.

When an economy dips into a recession, consumers will often be relatively pessimistic about the future for an extended period time. How will this pesimism affect the speed and strength of the recovery?

Is the way that NBER measures a recession fair and accurate? Please explain

Are all prices in the economy equally inflexible? Which ones show large amounts of short-run flexibility?

Sally, a resident of Scandia, goes to a salon for a haircut. The haircut, which usually costs $50, now costs $40. Sally is confused and curious to understand why she could get the haircut at a lower price despite the salon not offering any discounts. She also notices that the prices of all goods and services in Scandia have decreased. Which situation is occurring in the economy?Inflation Disinflation Deflation Stagflation

using economic concepts , discuss the impact of the following events on the equilibriumprice level and output: in an effort to fight inflation , the reserve bank of australia decides to implement contractionary monetary policy.

What was the primary policy advocated by the supply siders that could achieve both lower inflation and higher unemployment?