ChristianSabalza

@ChristianSabalza (6)

Age 30

Joined myLot 12 years ago

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ChristianSabalza's Activity

Third and Final Macroeconomic Question: Money and the Economy

socballais @socballais (71) • Philippines 25 Sep 12

How do changes in the amount of money in the economy affect output, growth, unemployment and inflation?

49 responses

ChristianSabalza the amount of money affect inflation because the value of money decreases with inflation as the prices for goods and services rise. Therefore, the purchasing power of consumers declines as their salaries remain unchanged and the cost of living grows.The amount...

1 Oct 12

Economic development or Economic Growth?

socballais @socballais (71) • Philippines 12 Sep 12

Countries around the world benchmark their economic performance by the amount of the Gross National Product (GNP) that they attained. The higher the GNP, the higher is the economic growth. Is economic growth equated with economic...

59 responses

ChristianSabalza in my idea economic development implies more particularly improvements in health,education and another aspects of human welfare..Countries that increase their income but do not also raise life expectancy,reduce mortality and increase literacy rates are missing...

20 Sep 12

Which comes first Microeconomics or Macroeconomics?

socballais @socballais (71) • Philippines 12 Sep 12

Is it possible to venture into Macroeconomics without studying Microeconomics? Is Microeconomics a prerequisite course before studying Macroeconomics?

60 responses

ChristianSabalza mabuhay !!!!

16 Sep 12

Which comes first Microeconomics or Macroeconomics?

socballais @socballais (71) • Philippines 12 Sep 12

Is it possible to venture into Macroeconomics without studying Microeconomics? Is Microeconomics a prerequisite course before studying Macroeconomics?

60 responses

ChristianSabalza ows ??ahahha

16 Sep 12

Which comes first Microeconomics or Macroeconomics?

socballais @socballais (71) • Philippines 12 Sep 12

Is it possible to venture into Macroeconomics without studying Microeconomics? Is Microeconomics a prerequisite course before studying Macroeconomics?

60 responses

ChristianSabalza tood ??

16 Sep 12

Which comes first Microeconomics or Macroeconomics?

socballais @socballais (71) • Philippines 12 Sep 12

Is it possible to venture into Macroeconomics without studying Microeconomics? Is Microeconomics a prerequisite course before studying Macroeconomics?

60 responses

ChristianSabalza i dont think it matters but most colleges teach micro first.... well we must take micro first because it will teach us the basic abc of economics..... we all know that the micro means study of individual tree and macro is the study of whole forest....so its...

15 Sep 12