Explain how automatic stabilizers work, both on the taxation side and on the spending side, first in a situation where the economy is producing less than potential GDP and then in a situation where the economy is producing more than potential GDP.
May 1, 2020Contrast the current SSA (neoliberalism) with the post-war SSA (capital labor accord, or ‘golden age of capitalism’) through two (very short) family or friends’ stories.
May 1, 2020Question Description
n
nnQ. 1. How does Financial System Coordinate Saving and Investment? Explain in detail.nnQ. 2. Discuss role play by Bank in the monetary system? How do bank create money?nnQ. 3. Analyze and create T-account balance sheets.nn
