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

Is there a trade-off between inflation and unemployment, Is there a trade-o...

Is there a trade-off between inflation and unemployment? The Keynesian side posits that policies can indeed be used to stimulate demand - demand-side policies - and those mar

Supply and demand, Suppose scientists discover that eating soybeans prevent...

Suppose scientists discover that eating soybeans prevents cancer and heart disease. What effect would you predict on the price of soybeans?

#titleindirect utility function .., #question.hif indirect utility function...

#question.hif indirect utility function is givenhow to derive the demand function .

Why is human capital so important in the development process, Why is human ...

Why is human capital so important in the development process? Explain human capital in terms of (the sum of) education/training/experience/ literacy etc, and clearly show how t

Micro., what is the theory of second best? prove the theorem with the help ...

what is the theory of second best? prove the theorem with the help of a diagram.

Microeconomics, define and explain the concept of social efficent productio...

define and explain the concept of social efficent production

Game theoretic approach , Normal 0 false false false EN...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Describe the income and cross elasticity of demand, Problem: a. With th...

Problem: a. With the help of diagrams, describe how the price and quantity of potatoes will change under the different circumstances: (i) A severe drought affecting its pro

How have economists traditionally defined economic growth, How have economi...

How have economists traditionally defined "economic growth," and how is that different from "living standards growth"?  Economists have traditionally explained economic growth

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