Business cycles, Macroeconomics

 

Business Cycles 

Economic growth is not a continuous process. Superimposed on the long-term trends are short-term fluctuations in the levels of economic activity and\or in growth rates. These upswings and downswings are of varying duration and intensity and are referred to as 'cycles'. Governments attempt to smooth out these fluctuations with the use of contra-cyclical monetary and fiscal policies. The latest developments in macroeconomic thought regard business cycles as the central (if not the only) problem of macroeconomics. 

 

Posted Date: 9/11/2012 7:11:57 AM | Location : United States







Related Discussions:- Business cycles, Assignment Help, Ask Question on Business cycles, Get Answer, Expert's Help, Business cycles Discussions

Write discussion on Business cycles
Your posts are moderated
Related Questions
An unanticipated demand-pulled inflation would normally lead to all the following problems except?

Despite the economic progress that the U.S. has observed in the past century, the standard of living remains extremely low in many countries. Why are some countries relatively weal

Design a hypothetical ideal randomized controlled experiment to study the effects of hours spent studying on performance on microeconomics exams. Suggest some impediments to implem

Suppose P(X1)=.75 and P(Y2/X1)=.40. What is the joint probability of X1 and Y2?

what is static and dynamic multiplier in keynesian theory?


Table below shows the descriptive statistics which have been condensed from the data sheet for the period 1987 Q4 to 2011 Q3.   GDP (%) Real Exchan

ihave real gdp per capita for all countries in world .. how can i calculate world real gdp per capita by using the data.

Q. Illustrate neo-classical growth model? The main purpose of another significant growth model, neo-classical growth model, is to explain how it is possible to have a permanent

DETERMINATION OF FACTOR PRICES BY SUPPLY AND DEMAND   Let us suppose that perfect competition prevails in the goods and the factor markets. In such a situation let us see how th