Macroeconomics

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Advantages and Disadvantages of Large Populations

The meaning of CPI (Consumer Price Index) is a measure of how the price of goods and services changes over a period of time. Real GDP per capita means calculating the average income per person in a ye...

Published: 2021-08-12 22:55:05

Analyse the Purchasing Power Parity Theory and Discuss Its Applicability

Question: “Analyse the purchasing power parity theory and discuss its applicability” In this essay I will analyze the theory of Purchasing Power Parity and discuss its applicability. I will begin ...

Published: 2021-08-01 07:50:09

Bank of Canada Monetary Policy

On the contrary to the policies of the United States, material about Canada’s monetary policy was easily accessible on the Bank of Canada website, straight-forward and easy to understand. It’s cle...

Published: 2021-08-05 15:05:06

Benefits and Costs of Economic Growth

Economic growth is defined as the sustained increase in real GDP or GNP per capita over time. Economic growth is desirable for an economy as it increases its real national income and standards of livi...

Published: 2021-07-19 22:35:06

Business cycles are economic fluctuations

Business cycles are economic fluctuations. Business cycle phases include the recession, depression, growth, and boom. Recession and depression phases are characterized by low production, decrease in i...

Published: 2021-08-21 21:30:05

Capitalism and the American Dream

SOCI 2013 17 April 2013 How Capitalism Affects the American Dream Capitalism is defined as “an economic system in which the ownership of the means of production- like land, factories, large sums of ...

Published: 2021-07-23 03:20:06

Capitalism is Good or Bad?

What is capitalism? Suppose you have one million, you can set up a factory, the ownership of the factory and income generated is yours. Of course, if you want you can sell your plant for stock or rea...

Published: 2021-08-23 17:35:07

Case Analysis: Japan’s Economic Malaise

Case Analysis: Japan's Economic Malaise Review the Japan's Economic Malaise Case Study at the end of Chapter 3 of the Hill text. Answer the five Case Discussion questions in a Word document and submit...

Published: 2021-08-20 14:15:08

Centrally Planned vs Market Economy

It is a cardinal truth that, in order to make the best possible use of the economic resources available in any economy, three basic decisions need to be taken – what to produce, how to produce and f...

Published: 2021-08-22 23:15:07

Classical macroeconomic model

The new classical macroeconomics model was originated in the early 1970’s by the economists working in the University of Chicago and the University of Minnesota. Robert Lucas, Thomas sergeant, Edwar...

Published: 2021-08-23 07:00:07