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Economics
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How monetary Policy can be used to stimulate the economy ?

In the economy it is often necessary to stimulate the economy when it is going through a slump or a fall in growth, likewise it may be required to keep growth under control as a country thrives under stab...

Ankur G. avatar
Answered by Ankur G. • Economics tutor
1561 Views

What is the crowding out effect and what does it mean for how effective fiscal policy is?

the crowding out effect refers to the possible effect that a government deficit-financed fiscal policy may have on real interest faced by the private sector. Its effect is a reduction in the desired effec...

Answered by Caterina C. • Economics tutor
6374 Views

What is an economic recovery and how is it related to unemployment?

Economic Recovery 

Key macroeconomic variables, such as output,  consumption and business investment, are shown to comove cyclically over time. This can be demonstrated by a di...

Answered by Ruth N. • Economics tutor
2978 Views

How can the government use Demand side policies to boost economic growth

Demand side policies are used in times of recession or economic stagnation, to boost economic activity.

The idea behind this is to increase Agregate demand (AD) by increasi...

Answered by Karishma S. • Economics tutor
7798 Views

Comment on the long and short term cross-price elasticity of demand for petrol and diesel.

The short-term XPED for petrol and diesel is likely to be very low, as most consumers are unable to quickly switch between the two fuels for their vehicles. However, if there is a significant difference i...

Answered by James S. • Economics tutor
3200 Views

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