delacruzantonio222

@delacruzantonio222 (3)

Age 29

Joined myLot 12 years ago

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delacruzantonio222'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

delacruzantonio222 Still another factory to consider in the inflation-interest rate story is the inflation-caused depreciation effect.Inflation drives up the cost of new capital goods-buildings and machinary-that must be purchased to replace old capital items that are wearing...

26 Sep 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

delacruzantonio222 Economic Growth because,it have important effects even over a decade or two; for example,since about 1973 the United States and other industrialized countries have experienced a sustain slowdown in their rates of growth.On the other hand,the map contrasts the...

24 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

delacruzantonio222 Yes,because by itself Macroeconomics is only half of Economics.For more than half a century,Economics has been divided into two branch;Macroeconomics and Microeconomics.Microeconomists examine the economy in the large focusing feedback from one component of...

24 Sep 12