Lernkarten

Marco Wernli
Karten 48 Karten
Lernende 0 Lernende
Sprache English
Stufe Universität
Erstellt / Aktualisiert 03.10.2020 / 03.10.2020
Lizenzierung Keine Angabe
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0 Exakte Antworten 22 Text Antworten 26 Multiple Choice Antworten
Fenster schliessen

Explain the term paradox of thrift.

when families and businesses are worried about the possibility of economic hard times, they prepare by cutting their spending. This reduction in spending depresses the economy as consumers spend less and business react by laying off workers. As a result, families and businesses may end up worse off than if they hadn’t tried to act responsibly by cutting their spending.

The paradox of thrift is an attempt by households to increase their savings can cause a recession. But a higher level of savings plays a crucial role in encouraging long-run economic growth.

Fenster schliessen

Should I go to business school or take a job right now?

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Macro Question

Fenster schliessen

What determines the salary Google offerts to Cherie Camajo, a new MBA?

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Fenster schliessen

What determines the cost to a university or college of offering a new course?

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Fenster schliessen

What government policies should be adopted to make it easier for low-income students to attend college?

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Fenster schliessen

What determines whether Citibank opens a new office in Shanghai?

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Fenster schliessen

How many people are meployed in the economy as a whole this year?

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Fenster schliessen

What determines the overall salary levels paid to workers in a given year?

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