Solution-Self-correcting mechanism act

Self-correcting mechanism act

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1. Virtually all economists and policy makers agree that, within limits, higher employment is better. If this is true, couldn't the government create more employment by hiring people to dig holes and fill them in again? Is this good economic policy?

2. Under what circumstances will inflation help borrowers at the expense of lenders? Under what circumstances will both parties be unaffected? Which scenario would you expect in the long run?

3. How does the self-correcting mechanism act to pull the economy out of a recession?

4. Create a LOOOOONG 'tweet' type essay to the President elect with your best single idea to create a dynamic and healthy economy in the US.

Reference no: EM131395668

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Self-correcting mechanism act

Reference no: EM131395668

Reference no: EM131395668

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