They have a magnificent team. These people are always kind and willing to listen to your concerns or issues. Better yet, your assignment is always ready before the time, they usually send you a draft to double-check before they finalize your paper.
Hello, can someone give me the detailed solutions and explanations for those economics questions, please? Thank you so much!
Question 1:
Suppose that we have two identical economies. Both are using fiscal and monetary policies to keep output at the potential output level. Government spending in the two countries are the same but Country A has higher taxes (T) and has an easier monetary policy than Country B.
In a single IS-LM diagram, show theIS and LM curves of the two countries. Explain the difference in positions of the2 countries IS and LM curves.
Compare the levels (higher, lower or the same) of each of the following variables for the two countries cconsumption, investment, net exports and Government deficit. Explain your answer clearly.
Question 2:
If investment is not responsive to interest rate, fiscal policy will be more effective than monetary policy. Using the IS-LM model, comment on whether the statement is true or false. Support your answer with necessary diagrams.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more