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i agree....a global recession pushes out weaker, less efficient firms for stronger ones. It also shows weaknesses within financial and governmental institutions. An example would be the recent expenses scandal in the UK. It forces people to become m…
i had a quick play around with your spreadsheet...i noticed that if you put an unemployment rate of 7.0 and an an inflation rate of 8.0 as the base year, by year 2 growth is up but so is unemployment....i cant think of many plausible ways of having…
good points, but also by giving people discounts on new cars, surely this would just encourage car firms to raise prices so as to maintain their profit margins?
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- Highest level of education
- School
- Most passionate about in economics
- Supply side policies
- My favourite economist
- Keynes
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