Questions from Macroeconomics

Q: Why does the aggregate demand curve slope downward?

Why does the aggregate demand curve slope downward?

Q: How do changes in expectations, fiscal policy and monetary policy,

How do changes in expectations, fiscal policy and monetary policy, and the world economy change aggregate demand and the aggregate demand curve?

Q: Describe three types of short-run macroeconomic equilibrium.

Describe three types of short-run macroeconomic equilibrium.

Q: How do fluctuations in aggregate demand and short-run aggregate supply

How do fluctuations in aggregate demand and short-run aggregate supply bring fluctuations in real GDP around potential GDP?

Q: What are the defining features of Keynesian macroeconomics and what policies do

What are the defining features of Keynesian macroeconomics and what policies do Keynesian macroeconomists recommend?

Q: What are the defining features of monetarist macroeconomics and what policies do

What are the defining features of monetarist macroeconomics and what policies do monetarist macroeconomists recommend?

Q: Explain the influence of each of the following events on the quantity

Explain the influence of each of the following events on the quantity of real GDP supplied and aggregate supply in India and use a graph to illustrate. ■ Canadian firms move their call handling, IT, a...

Q: Labour productivity is rising at a rapid rate in China and wages

Labour productivity is rising at a rapid rate in China and wages are rising at a similar rate. Explain how a rise in labour productivity and wages in China will influence the quantity of real GDP supp...

Q: An exodus of discouraged searchers from the job market kept the unemployment

An exodus of discouraged searchers from the job market kept the unemployment rate from climbing above 10 percent. Had the labour force not decreased by 661,000, the unemployment rate would have been 1...

Q: Canada trades with the United States. Explain the effect of each

Canada trades with the United States. Explain the effect of each of the following events on Canada’s aggregate demand. ■ The government of Canada cuts income taxes. ■ The United States experiences str...