Explain what could be done to encourage people to spend, Ask an Expert

Economics

In uncertain times, especially when the economy is experiencing a downturn, consumer spending tends to decline and savings rates tend to increase. describe what could be done to encourage people to spend more so as to increase aggregate demand and, invariably, create employment possibilities.

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M968194

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question a student makes the following argument a price

Question: A student makes the following argument: A price floor reduces the amount of a product that consumers buy because it keeps the price above the competitive market equilibrium. A price ceiling, though, increases t ...

Question discuss the following - what features of medicare

Question: Discuss the following - What feature(s) of Medicare would cause an economist to say that "Medicare stinks as insurance"? Medicare supplement insurance is available from the commercial market and most commonly c ...

Question - jailai cos stock has a beta of 09 the current

Question - JaiLai Cos. stock has a beta of 0.9, the current risk-free rate is 6.6 percent, and the expected return on the market is 14 percent. What is JaiLai's cost of equity? (Round your answer to 2 decimal places.)

Question a consumer has the following utility function

Question: A consumer has the following utility function: U(x1,x2)=ln(x1)+2*ln(x2), where ‘ln' stands for the natural logarithm. Reminder - the derivate of ln(x1) with respect to x1 is 1/x1. a. Calculate the demand functi ...

Question consider a consumer with net utility function

Question: Consider a consumer with (net utility) function given by U(x;p) = 10 ln(x+1) - px, where x is the quantity of the consumption good consumed, and p > 0 is the price of x. The consumer's income is m > 0. The leve ...

Question 1 why dose marx begin capital with commodity2 what

Question: 1. Why dose Marx begin Capital with commodity? 2. What is abstract labor? Is it a substance?Is it inherent in individual use values? How should we understand abstract labor? 3. What is the distinction Marx make ...

Question below you find several incidents that are the

Question: Below you find several incidents that are the consequence of shifts in either Money Supply or Money Demand. First, tell me whether the instance is due to a Supply or Demand shift. Second, state which specific s ...

1 the market demand function for corn isqdnbsp 15 -2pthe

1.) The market demand function for corn is Q d = 15 -2P. The market supply function is Q S = 5P - 2.5, both measured in billions of bushels per year. The initial equilibrium price is $2.5, and the initial equilibrium q ...

Question on march 4 1990 the new york times reported wine

Question: On March 4, 1990, the New York Times reported "Wine Equation Puts Some Noses Out of Joint." In this problem you will estimate an equation that predicts the quality of wine. Typically wine is rated long before i ...

Question by 1993 nations in the european union eu had

Question: By 1993, nations in the European Union (EU) had eliminated all barriers to the flow of goods, services, labor, and capital across their borders. Even such things as consumer protection laws and the types of plu ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Microeconomics Expert