Question
The macroeconomic perspective focuses on the long-run results, with the belief that the economy will correct itself over time. Short-run economic fluctuations are to be
The macroeconomic perspective focuses on the long-run results, with the belief that the economy will correct itself over time. Short-run economic fluctuations are to be expected.
Can we focus only on the long-run or should Americans focus more on short-run economic measurements?
For example the growth of homelessness.
Homelessness Statistics
California'srate of homelessness, 33 per 10,000 residents, was among the highest in the country. After rising 14% from 2016 to 2017, the total number of homeless Californians declined slightly (by 1%) from 2017 to 2018.
What can we do to impact issues in the short-run that will impact the economy in the long run?
Remember you are commenting on whether we should focus on short term solutions to homelessness and if these solutions will impact homelessness in the long-run.
You do not have to create solutions, just focus on whether short-term solutions will work to reduce homelessness or should we focus onthelong-term, to reduce homelessness.
Question for Original Post- based on your research - "Which time period would you suggest and why?"Provide some evidence of research on this topic - provide your sources.
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