Question

TASK:

Identify the effects of fiscal policy and monetary policy in

recession period.

QUESTIONS TO ADDRESS:

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?

INSTRUCTION:

Please write 3 paragraphs response to each question listed below.

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