Labor Demand and fluctuations - Sources of Fluctuations - Multipliers and Economic Fluctuations
12 important questions on Labor Demand and fluctuations - Sources of Fluctuations - Multipliers and Economic Fluctuations
What are the 3 sources of fluctuations?
2) Sentiments and Multipliers
3) Monetary and Financial Factors
3 Sources of Fluctuations: Technology shocks
3 Sources of fluctuations: Sentiments + example
Example: animal spirits
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3 Sources of fluctuations: Multipliers
What are Animal Spirits?
What is the Self-fulfilling prophecy?
Example: thinking that you will fail an exam instead of studying increases the chances of failing because it keeps you from studying.
What is the school of thought; Real Business Cycle Theory?
What is the aggregated demand?
What does the aggregated demand determine?
What is the 3th source of fluctuations, namely Monetary and Financial Factors about?
How does the money supply affect nominal GDP?
When do we have unemployment (Graph)
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