The primary goal of effective macroeconomic policies is/ are ......................................... Select one: A. Enhances prospects for growth and improved living standards B. To reduce uncertainty and risk in economic decision-making C. Have an impact on how income is distributed across economic classes D. All of the given options

The primary goal of effective macroeconomic policies is/ are ......................................... Select one: A. Enhances prospects for growth and improved living standards B. To reduce uncertainty and risk in economic decision-making C. Have an impact on how income is distributed across economic classes D. All of the given options

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

ChapterD: The Expenditure-output Model

Section: Chapter Questions

Problem 25CTQ: Exercise D25 What role does government play in stabilizing the economy and what are the tradeoffs...

See similar textbooks

Similar questions

Positive statements are _______________________. Normative statements are _______________________. descriptive...predictive prescriptive...descriptive descriptive...prescriptive predictive... prescriptive
Q) What are some economic opportunities and challenges for an ageing population? Can you show this with an economic model. Solve this now. But no copy paste answer providd. Not copy paste
In the Income-Expenditure model, which of the following are assumed to be given (or exogenous)? a Incomes and expenditures b. None of these c. Prices and incomes d. Expenditures and Prices e. Prices and interest rates For this year. • You earn a before-tax income of $77,000, on which you pay taxes equal to $4,000. • You receive $4,000 in benefits from the government. What is your disposable income this year? Do not enter the $ sign. Round to one decimal place if required. Answer:
Which of the following situations is not a macroeconomic objective? a. economic efficiency b. economic growth c. balanced budget deficit d. equitable distribution of income 2. Which of the following is an essential factor for the continuous growth process in the economy? a. government planning for what the country will produce b. the absence of private property c. research and development of new technologies and investment in new capital d. government intervention in economic activity 3. Which of the following alternatives measures the standard or standard of living? a. real gross domestic product b. per capita gross domestic product c. gross national product d. disposable income
Why we study microeconomics ? Discuss the origins of macroeconomics . Also explain the reasons why classical theories of economic system failed at some points ?
Explain why the three goals (economic growth,low unemployment, and low inflation) of macroeconomics are relevant?
Consider the U.S. during the Great Depression and WWII –fertility rates were low (between 1929 and 1945 total fertility rate (TFR) was about 2.5 per woman aged 15-44). a.What does a fertility rate of 2.5 per woman mean? Through the 1960s, the U.S. saw a baby boom (TFR of 3.4 between 1946 and 1964). However, since 1980 the TFR has fallen below 2.1. b.What may explain the fall in fertility after the 1980s? c.Even though the fertility rate fell to replacement rate in 1980, population was still growing in the U.S. during the 1980s. Explain d. Describe what happened to the proportion of old-age population: i.during the baby boom ii.after 1980
Explain the three types of macroeconomic policies that can be used to intervene in economies? what goals are pursued on our behalf?
What determines growth in post-Kaleckian (post-Kaleckian) models? What are the effects of inequalities in functional income distribution and gender on the economy? Discuss both the demand and supply side effects.
How can an understanding of micro- and macroeconomic factors aid in small business decision-making?
Which is microeconomics or macroeconomics? a) A comparison of alternative tax policies and thier respective impacts on the rate of the nation's economic growth b) the effect of government regulations on car emissions c) the decision by Mc Donalds to hire fewer workers becuase of an increase in the minimum wage d) the stock market plunges by 1000 points due to uncertainty
how does the circular flow model of “incomes” and “expenditures” provide a foundation for economic theory?