StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Non Specific topics - Essay Example

Cite this document
Summary
This is because buying of houses indicates investment. If there is an increase in the sale of new houses, then more people are able and willing to invest. This indicates that economic growth. Secondly, increase in…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.2% of users find it useful
Non Specific topics
Read Text Preview

Extract of sample "Non Specific topics"

Discussion Question Question An increase in the sale of new houses is often a sign that an economic expansion is coming. Why would this be the case? An increase in the sale of houses indicates an economic growth. This is because buying of houses indicates investment. If there is an increase in the sale of new houses, then more people are able and willing to invest. This indicates that economic growth. Secondly, increase in sale of new houses indicates an increase in the purchasing power of the consumers.

Consequently, an increase in consumer’s purchasing ability indicates positive economic growth. The sale increase also indicates a decrease in unemployment. This is because the housing industry is a major employer, which provides both skilled and unskilled employment opportunities. Question 2: How is the U.S. national economy different from those of other nations?The U.S national economy is different from those of other nations in various ways. Firstly, the US has a liberalized economy. In this economy, the government has minimal control over the economy.

Private investors own most of the country’s infrastructure and businesses. Besides having a liberalized, the US has the most formal economy in the world. The US has a functional revenue collection system that provides the required finances. Lastly, the country has market-based economy. In this type of economy, individual/consumers make market decisions. Question 3: Why is it difficult to test macroeconomics theories?Testing microeconomic theories is a difficult undertaking. This is because an economic phenomenon depends on many valuables.

Some of these variables cannot be tested, hence the difficulty in testing microeconomic theories. Moreover, change in dependent variables after each change in independent variable takes a long time or is difficult to establish. In such case, it is difficult or impossible to study the underlying economic situation (Bade, & Michael, 2001). For example, improvement of people’s purchasing power because of infrastructural development might take decades. The Keynesian theory predicts that government’s intervention on an economy results in economic growth.

It would be difficult or impossible to test such theory since economic changes takes a long time. What impact did the Great Depression have on the way government set policy?The great depression had significant impacts on the US economy. Following these economic extremes, the US government had to restructure its policymaking process. Initially, the US had a rigid economy that was mainly controlled by the government. In addition, the government was the sole developer of economic policies. However, following the depression, the government started involving the private sector in the development of economic policies (McEachern, 2012).

The US economy was also based on short-term policies developed by the government. However, following the great depression the US government started to make long-term economic policies (Bade, & Michael, 2001). Why the aggregate demand curve slopes down?The aggregate demand (AD) curve relates a country GDP with different price levels. In general, the aggregate demand curve has a negative slope. This is due to interest rate, real balance effect, and foreign purchases effects. Increase in interest rates raises the cost of borrowing which in turn slows down investments and national spending.

On the other hand, real balance relates to people’s purchasing power because of price increase. Consumer’s purchasing power is dependent on prices of commodities. Thus, real GDP has an inverse dependency with prices of commodities. ReferencesBade, R. & Michael, P. (2001). Foundations of Microeconomics. New York: Addison Wesley McEachern, W.A. (2012). ECON Macro 3 (3rd ed.). Mason, OH: South-Western

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Non Specific topics Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Non Specific topics Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/macro-microeconomics/1618041-non-specific-topics
(Non Specific Topics Essay Example | Topics and Well Written Essays - 500 Words)
Non Specific Topics Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/macro-microeconomics/1618041-non-specific-topics.
“Non Specific Topics Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/macro-microeconomics/1618041-non-specific-topics.
  • Cited: 0 times

CHECK THESE SAMPLES OF Non Specific topics

West High School in Denver, Colorado

Social studies include topics such as Advance Placement Government and United States History, Civics, Psychology, Geography, Hispanic History and Student Council.... Academic Calendar Plan for Music, Physical Education, and Career Technical Education are not yet available so related subjects/topics under this academic program were not yet posted.... West Denver High School was described in general and in three specific classes....
4 Pages (1000 words) Essay

No specif topic, check assignment criteria for details

Martires & Fule (2000) proffered motivation in the work setting as referring to “the whole set of drives, needs, and similar forces that prompt a person to act in a certain way or to develop a tendency for specific behavior” (p.... Organizational Concepts As Applied: The HSBC Experience There are diverse organizational behavior concepts that significantly influence the performance of contemporary business enterprises....
4 Pages (1000 words) Essay

I dont have a specific topic. i want my topic to be something on sociol trend

Name Institution Course Instructor Date HIV/AIDS among the Youth HIV/AIDS pandemic has affected many countries' economy and other developmental supporters in those nations.... Youths aged between 13 years and 29 years accounted for almost 40% of the HIV infections three years ago.... hellip; Most gay and bisexual youths are at high risks of contracting HIV as they lack basic knowledge on how to protect themselves and the awareness is missing since in most cases these sexual orientations are not encouraged in many nations....
5 Pages (1250 words) Research Paper

Contemporary Business Environment and Diversity

The business technologies and skills within the specific nations have evolved around their fundamental cultural mores and peculiarities.... The contemporary business environment stands to be typical in the sense that the globalization of economies has not only made it possible for the companies to extend their activities and operations around the world, but the enhanced usage of internet and digital modes of… Thus, the businesses in the 21st century are left with no other option, but to accept and embrace diversity, and to adapt to cross cultural differences....
5 Pages (1250 words) Essay

English Literature (no specific topic)

The story is sparse in its narrative and leaves one with the lingering impression that much has been left unsaid.... The telling lack of a definitive tone, and an… Much of the ambiguity which characterizes Carver's narrative is reflected in its narrator.... On the surface, Jack appears to give a fairly forthright account of his surroundings, the dinner, the onversation and his impression of the other characters and their observable behavior: his wife Fran, his friend Bob, Bob's wife Olla, their baby Harold and their exotic pet peacock Joey....
4 Pages (1000 words) Essay

The Language Barrier

I hope to address some of the leaps and unds that I have made in my journey through this class this semester and explain the methods I used to come up with thought inducing topics but also to be able to express papers through methods in which the assignment was clear but still had a point.... When I would first try to determine the topics for which I would write about, I would consider my own personal experiences and the things around me that influence my thinking....
6 Pages (1500 words) Essay

Unit II non specific topic (Intercultural Management)

In most cases, activities and responsibilities of MNC in host countries are often criticized.... These criticisms arise from the following scenarios.... Firstly, MNCs raise their capital locally thereby… High interest rates lower the borrowing capacity of members of the host countries hence discouraging local investments. Multinational Corporations have also been accused of exploiting the host country's resources....
4 Pages (1000 words) Essay

Gender and Discourse

On the other hand, topical cohesion entails ways in which people introduce and develop their topics regarding their manner of talking or that of their colleagues.... When it comes to topical cohesion, Tannen's analysis confirms earlier research studies that indicated that males encounter many difficulties in adapting themselves to the experimental conditions of sitting in composure and discussing important topics.... When the time came for the male group members to present their views on different topics, most of them appeared to sit at inclined angles to the person who was moderating the discussion....
5 Pages (1250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us