The Japanese economic decline of the 1990's can be attributed to several things: poor growth performance, serious fiscal problems, weak labor market conditions, weakening of the trade and external accounts of the country, and excessively loose stance of macroeconomic policies. ... Excessively loose stance of macroeconomic policies: Very loose monetary policy to stimulate recovery and save the collapsing banking system and the nominal interest rate was close to zero. ...

• Word Count: 347
• Approx Pages: 1
• Grade Level: Undergraduate

Most macroeconomic objectives conflicts happened from 1998 to 1999: 1) Growth Conflict with low inflation: In 1998 Russia's Economy was growing faster then it was producing. ... This is a perfect example of the macroeconomic objectives conflicts as if we look at the data in 1999 we can see that shortages occurred in terms of labor, goods and services and raw materials. ...

• Word Count: 673
• Approx Pages: 3
• Grade Level: High School

History of the Phillips Curve The Phillips Curve has been vital for over 25 years in macroeconomics models. The curve was named after A. W. Phillips that in 1958 gave the best repression of the modern formulation of the curve. The technical representation is that w = f(u) which is related to t...

• Word Count: 346
• Approx Pages: 1
• Grade Level: High School

Business Studies -Describe the roles of government in the present business environment. In the present business environment governments have the power to change and make laws, having a major role and influence on the business environment. There are three levels of government; federal, sta...

• Word Count: 425
• Approx Pages: 2
• Grade Level: High School

However, because poverty among female-headed and elderly families seems almost unrelated to macroeconomic activity, these groups should be excluded from analyses comparing the effects of other characteristics. ...

• Word Count: 523
• Approx Pages: 2
• Grade Level: Undergraduate

In the early 1900s Argentina experienced high growth rates from the exportation of beef and wheat and was one of the strongest economies in the world. The First World War and Great Depression were hard on primary product exports, and, like many other Latin American countries, Argentina responded wi...

• Word Count: 728
• Approx Pages: 3
• Grade Level: Undergraduate

While advocates of Keynesian economics will argue that private sector decisions sometimes lead to inefficient macroeconomic outcomes, monetary policy actions by a central bank and fiscal policy actions by the government are needed to stabilize output over the business cycle. ...

• Word Count: 663
• Approx Pages: 3
• Grade Level: Undergraduate

Objective: Demonstrate an understanding of the circular flow of income and factors that may cause shifts in AD. 1. Circular Flow of Income The circular flow of income diagram is critical to understanding how a national economy operates. It is used to show the relationship between changes in aggreg...

• Word Count: 677
• Approx Pages: 3

Every morning my father wakes up and goes to work construction. Doing something like this used to be enough but due to factors like the increasing gap in wealth this is no longer the case. Blue collar jobs like construction no longer provide enough to make a comfortable living. This is a direct resu...

• Word Count: 1124
• Approx Pages: 4
• Has Bibliography
• Grade Level: High School

Inflation, Deflation, Hyperinflation and Stagflation There are four ways the economy works when it comes to prices, employment, and what the value of the dollar is. These are inflation, deflation, hyperinflation and stagflation. Inflation can be a good thing or a bad thing, in a good economy wit...

• Word Count: 1165
• Approx Pages: 5
• Grade Level: High School