Instructions:
Please write 3 paragraphs response to each question listed below. All sources used must be posted for each question with the author’s names, title of the article/book, the name of the publication, page, and the year of the publication. Do not use sources older than 5 years. Please do not copy and paste. You must write your own response. This is a comprehensive assignment. It will take time to answer all questions. Be organized, first write the question and then the response.
Answer all questions below:
- Identify the effects of fiscal policy and monetary policy in recession period.
- Why does macroeconomics systematically fail to predict crises?
- What are some examples of macroeconomic drivers?
- What is macroeconomic disruption? What are the causes of macroeconomic disruption?
- What is economic growth in macroeconomics?
- What is gross national income? Is it related to purchasing power parity?
- What factors can affect the full employment, in classical macroeconomic models?
- What is an example of a successful macroeconomic policy implemented by a government?
- What are the three goals of Macro Economics and how are they measured?