ECO320: Review Questions

What are expectations, and why are they important, in macroeconomic models? What would you think about a macroeconomic model that assumed that people’s expectations of inflation were constant, even though the inflation rate changed over time?

 What is the relationship between a country’s savings, its government budget deficit, its domestic investment in physical capital, and its foreign investment?

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"