Please answer any one of the following questions in the next 20 mins. They are 10 marks each so please elaborate a little. And write it on your own without plagiarism.
1) Differentiate between the appropriate Keynesian responses to an economy experiencing recession with the one experiencing inflationary pressures. Briefly explain what is meant by the term “menu costs” from a macroeconomic perspective. Use diagram to illustrate if appropriate.
2) Explain the affects that a decrease in aggregate demand because of a decline in consumer confidence that leads to less consumption and more saving in relation to the aggregate demand curve and the economy. Discuss the aggregate supply curve in the neoclassical model, including how the curve is drawn, what it determines, and how it operates over time.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more