Friday, 16 January 2009
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Economics news post for AS and A2 students at MPW Cambridge - please add brief comments to stories you find interesting or relevant. You can: speculate on future trends; link in with other topics or units; interpret/analyse; evaluate (magnitude of change/short term/long term...); offer a personal evaluation (normative statements) but please offer evidence or an explanation. You can also evaluate other students' comments but please be professional in your response.
7 comments:
the worldwide price level goes down caused by both decrease in aggregate demand and aggregate supply. The current solutions mostly and monetary policies like decrease interest rate to stimulate economy.
With official interest rates across the West tumbling towards zero, the UN issued a call for coordinated fiscal stimulus packages in countries around the world
It is a truth that every one knows.History is repeating and the ressesion is inevitable and unpredicatable.
That's what everybody knows
Experiencing all the crisises hapeended at my age is kind of lucky, not too old or I will be suffered from it , not too young or I will not understand it. ALL that happened are lessons to all of us , especially our generation, We should take responsibility for all the deeds.
deflation
shrink in demand=> price go down=>company goes bankrupt=>in come cut=> increase in unemployment
To takle this situation government should acts some fical stimulus such as cutting tax.....but eventually will raise goverment budget
read it
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