Macroeconomics Answers

Why AD is never a constraint in the classical model?

Why literature describe the keynesian consumption function as a short run model?

Demographers predict that the fraction of the population that is elderly will increase over the next 20 years. What does the life-cycle model predict for the influence of this demographic change on the national saving rate?

find the equation of straight line ehich passes through the points 3,5 and makes x intercept double then y intercept

Explain the circular flow of income in an economy. what does it measure?

Calculate the national income and personal disposable income from the following information

        Why is real GDP preferred as a measure of economic growth?

Discuss the key macroeconomic effects of COVID19 (ignore health effects) on any economy of the Pacific of your choice. Identify how this economy can promote economic growth given the pandemic. Identify three macroeconomic policy interventions to support livelihood of people in such an economy

Critically discuss any three Macroeconomic and at least two Microeconomic reasons for growth in government expenditures

Assuming a three sector model of an economy (AD=C+I+G), explain diagrammatically the impact of an increase in transfer payment (made by the government)on the equilibrium level of income.