delacruzB

@delacruzB (3)

Philippines • Age 35

Joined myLot 13 years ago

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Responses (3)

delacruzB's Responses

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

delacruzB therfore the increase in the capacity of an economy to pruduce good and services, compared from one period of time to another. money growht can be measured in nominal terms which include inflation, or in real terms, which are adjusted for inflatio.for any...

27 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

delacruzB the first come is the microeconomics from the greek world (micro)meaning from a small of economics is a branch economics studies the behavior of individual while macroeconomis are the studies of the behavior of the aggregate economy. macroeconomics examine...

24 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

delacruzB yes it is equal to each,the economic development and the economic growth.it depend on the rate of industries if it is higher GDP and the development are follows the rate of GDP. when the counties are productive then the economic growth are become higher...

20 Sep 12