Aggregate demand and aggregate supply model, Macroeconomics

In the late 1990s, a growing number of economists expressed concern that the world policy makers were often focusing too much on fighting inflation, without fully taking into account the new economic realities, particularly, the rapid technological advances fueled by the IT revolution. Explain the argument these economists were making, using the AS/AD model. 

Posted Date: 3/21/2013 5:50:43 AM | Location : United States







Related Discussions:- Aggregate demand and aggregate supply model, Assignment Help, Ask Question on Aggregate demand and aggregate supply model, Get Answer, Expert's Help, Aggregate demand and aggregate supply model Discussions

Write discussion on Aggregate demand and aggregate supply model
Your posts are moderated
Related Questions
An electrical company audit indicates that motor consumption is 4x106 kWh per year. By upgrading to high efficiency motors a 10% savings can be made. The additional cost for the mo

The hypotheses are: The null hypothesis,  infers that a unit root exists, whereas the alternative hypothesis,  concludes that there is no root. Decision rule:

Explain the economy automatic stabiliser A budget deficit is shortfall between a government's tax revenue and its spending in a given year. If a government runs a budget defici

Suppose Nigeria has 20 million workers and 16 million units of capital, while Botswana has 5 million workers and 3.5 million units of capital. Which of the following statements is

Can you think of examples where the government does not intervene enough when it comes to consumer safety and product information? Examples where too much intervention is the case


discuss the different of cost?draw the cost curves

Evaluate the mercantilist economists. Determine which economist you feel made the most significant contribution to economic theory. Provide at least two (2) reasons to support your

How can we determine fixed exchange rate If a nation has a fixed exchange rate (say against a specific currency), the government or central bank may change this fixed exchange

the classical model assumes that consumption depends positively on disposable income. now suppose that consumption also depends on the real interest rate. a) sketch the loanable