Discuss some of the reasons why economists are concerned about the current recovery from the global financial crisis
What will be an ideal response?
Large trade deficit. Large fiscal deficits in most OECD countries, market perception that risk of sovereign debt default is high, and risk of deflation all contribute to a cautious outlook for the future.
Economics
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Changes in demand will often be met with changes in output rather than changes in prices because of formal and informal contracts
Indicate whether the statement is true or false
Economics
If Mousey Mike wants to not be hit, what strategy could he follow
a. Threaten to not tell b. Always not tell c. Threaten to tell d. All of the above
Economics