Could you help me with these 7 Economics questions?

Anonymous
timer Asked: Jan 3rd, 2019
account_balance_wallet $20

Question description

Hi, I have some economics questions I need help with very soon. I have attached the questions in the PDF below. Please let me know if you cannot open that attachment.

Tutor Answer

darrenfrankel
School: Boston College

Attached.

Surname 1
Student’s Name
Professor’s Name
Course
Date

Question 1: Does the economy go to full employment automatically?
Statement

Yes, the
economy
moves to full
employment
in the long
run.

Yes, because
people are
rational and
will take
appropriate
actions

Yes, if
government
does not have
too many
regulations
and taxes

Yes, if
government
stays out of
the way.

No. the
economy can
be
equilibrium
way below
full
employment

School of
Thought?

classical

Rational
expectation...

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Anonymous
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