Assignment 8 – MacroEcon CMC 2020

This chapter is an important link in how we understand government policies today in the midst of the Covid-19 crisis.  The Federal government is running record deficits in an attempt to avert or minimize a recession/depression.  Look back at this chapter and discuss how this should affect the market for loanable funds.  Is that whatContinue reading “Assignment 8 – MacroEcon CMC 2020”

Assignment 7 – MacroEcon CMC 2020

This chapter focuses on the importance of productivity as a part of growth in GDP, the somewhat obvious idea that you can’t consume something that was never produced, thus consumption is tied directly to productivity.  How does that concept support national subsidies in education and health?  How about infrastructure?  Population growth tends to be aContinue reading “Assignment 7 – MacroEcon CMC 2020”