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Posted by Matt Macguire on December 08, 19103 at 00:15:18:
i have four questions to do and i have no idea how to do those:
1. In a market economy choices are made by individual consumers and producers. WHen the choices of the two groups do not match we experience the Business Cycle. Explain 3 causes of business cycle from each of:
A. Aggregate Demand factors
B. Aggregate Supply factors.
2. Explain how to use Fiscal policy to reduce Unemployment and What are the constraints on fiscal policy that make it less effective in reducing inflation?
3. Explain how to use Monetary policy to reduce Inflation and What are the constraints on Monetary policy that limit its effectiveness in reducing Unemployment?
4. Long-term growth is based on growth of limited resources and the productivity of those resources. Describe two Govt polices that can influence the productivity of resources?
I would really appreciate it if someone can help me out
thanks
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