+1 (347) 474-1028 info@essayparlour.com

1. Explain how economic condition and economic policies in t

Paper help Economics 1. Explain how economic condition and economic policies in t

Economics

1. Explain how economic condition and economic policies in t

1. Explain how economic condition and economic policies in the U.S. in the last 1960… Show more Answer 3 of 4: 1. Explain how economic condition and economic policies in the U.S. in the last 1960s led to the long period of so-called %u201Cstagflation%u201D ending only in the 1980s. Discuss the diagnosis of this problem given by Keynesian economists at the time, and compare this to the %u201CNew Classical%u201D diagnosis and the policy prescriptions that resulted from their critique. 2. Discuss the determinants of a country`s rate of growth in income as found in the original %u201CHarrod-Domar%u201D(HD) model. How was the instability problem in the HD model resolved by Solow in what is now the %u201Cstandard%u201D(neoclassical) model of growth? Use this latter model to explain how %u201Cemerging%u201D countries typically experience rapid growth in the early stages of their development, why this rate slows down, and the sources of growth that may be exploited by older %u201Cdeveloped%u201D countries. 3. Discuss the recent experience of the US economy, from %u201Cboom%u201D to %u201Cbust%u201D, focusing particularly on the role of monetary policy in generating these cycles over the last three decades or so. What has been the state of fiscal policy over this period? Discuss the possibility that neither type of policy has much %u201Croom%u201D left as we go further into the second decade of the 21st century. 4. The US has, despite periodic slowdowns, been an %u201Cengine%u201D of growth for the global economy. In the late 1980s Japan looked like it could overtake US in that role but they fell back into a two-decade-long economic funk. In the last 1990s it looked like Europe (the EU) could become a global economic powerhouse, but they too have fallen back, Now it is China`s and perhaps India`s turn in the spotlight. Discuss the problems that affected Japan and the EU, and what they are trying to do about it. What problems may lie ahead for the latter countries? please help! if possible, please included the graphs for each question as well. Thanks! 🙂 • Show less

Order Now

Ready to try a high quality writing service? Get a discount here