Macroeconomy, economics, Microeconomics

Assignment Help:
Adding the economic activities of government to the circular flow model shows that:
1. Government spending creates inflation
2. Government purchases of goods and services, taxes, and transfer payments affect how resources are allocated
3. The Federal government has to borrow funds from households in order to pay salaries to public officials and members of the armed forces
4. The economic functions of government are shared equally among Federal, state, and local governments

Related Discussions:- Macroeconomy, economics

Help to solve a assignment, Consider a market with short run demand and Sup...

Consider a market with short run demand and Supply functions. Qd=4-p^2, Q''s=4p-1.Find the partial market equilibrium, calculate consumer and producer surplus at this equilibrium,

Determinants of social demand for education - equity, Determinants of Socia...

Determinants of Social Demand for Education - Equity Perfect equality is not observed in any society. Hierarchy in status, standards of living, capacities for effective demand

What is the equilibrium quantity?, Supply and demand for a given type of MP...

Supply and demand for a given type of MP3 player are given by the following equations: P=980-1.5Qd P=20+0.9Qs

Nash equilibrium, Define Nash equilibrium and explain with the help of the ...

Define Nash equilibrium and explain with the help of the game ''prisoner''s dilemma''.

Production possibility frontier ppf, Production possibility frontier PPF is...

Production possibility frontier PPF is a combination of two or more goods a which a country can make in a given timeline or period with resource fully employed.

What is meant by dumping, What is meant by dumping? Dumping is when a p...

What is meant by dumping? Dumping is when a producing country dumps goods on foreign markets at a price lower than either the price on the home market or below the cost (HL: ma

Price index?, What was the price index for 2008, 2009 and 2010?

What was the price index for 2008, 2009 and 2010?

Optimal consumption bundle and marginal utility per dollar, What is the opt...

What is the optimal consumption bundle and marginal utility per dollar? The optimal consumption bundle is the consumption bundle which maximizes a consumer's total utility sp

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd