Question
1.Discuss the effect of expansionary monetary policy on IS-LM model 2.Discuss five factors that affects the supply of labor in United States 3.It is in
1.Discuss the effect of expansionary monetary policy on IS-LM model
2.Discuss five factors that affects the supply of labor in United States
3.It is in 193s that macroeconomics as a branch of economics was formed. Name any 4 Keynesian macroeconomists. Discuss their main arguments
4. Using a well labelled diagram, derive and discuss IS curve using Keynesian cross
5.According to permanent hypothesis consumption expenditure does not depend on current disposable income. Explain the validity of this statement
6.Classical economists argued that letting the markets to function to properly is the best thing that the government do explain
7.Classical aggregate supply curve is vertical explain
8.Differentiate between autonomous consumption and autonomous saving
9. Why LM curve upward slopping
10.Discuss the scope of macroeconomics.
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