Questions from Macroeconomics

Q: Explain how the Keynesian transmission mechanism works.

Explain how the Keynesian transmission mechanism works.

Q: Why might per-capita real economic growth be a more useful

Why might per-capita real economic growth be a more useful measurement than absolute real economic growth?

Q: Why might special-interest groups favor transfer-promoting policies over

Why might special-interest groups favor transfer-promoting policies over growth-promoting policies?

Q: What does it mean to say that “a change in labor

What does it mean to say that “a change in labor moves us along a given production function”?

Q: What do interest rates and the tax treatment of the returns to

What do interest rates and the tax treatment of the returns to capital have to do with economic growth?

Q: What is new about new growth theory?

What is new about new growth theory?

Q: How does discovering and implementing new ideas cause economic growth?

How does discovering and implementing new ideas cause economic growth?

Q: What is the difference between business cycle macroeconomics and economic growth macroeconomics

What is the difference between business cycle macroeconomics and economic growth macroeconomics?

Q: What is an institution? Why might institutions matter to how much

What is an institution? Why might institutions matter to how much economic growth a country experiences?

Q: Some property rights structures provide more and stronger incentives to produce goods

Some property rights structures provide more and stronger incentives to produce goods and services than other such structures do. Do you agree or disagree with this statement? Explain your answer.