Answer to Question #118103 in Microeconomics for Juna Tamang

Question #118103
Consider the financial crisis 2007-2009 in USA.
Now, assume that the crisis has been continuing for 10 years. We call this period as a long
run period
4. Explain the effect of this crisis on USA’s labour market in long-run? (200 words) (2
marks)
5. Explain the effect of this crisis on the levels of Americans’ consumption in long-run? (200
words) (2 marks)
6. Explain the effect of this crisis on the levels of USA’s investment in long-run? (200
words) (3 marks)
7. Explain the effect of this crisis on USA government’s Budget in long-run? (200 words) (2
marks)
8. Assume that you are a policy maker in USA’s government and central bank; how you can
recover the crisis by changing macroeconomic variables? (500 words)
1
Expert's answer
2020-05-24T21:14:02-0400
Dear Juna Tamang, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS