Economics
Macroeconomics
Macroeconomics
1. What is Macroeconomics?
According to Pearson - Question 11: A subject that is still evolving in response to recent economic events.
2. How to promote economic growth during a period of 50 years?
According to Pearson - Question 7: To promote a high rate of economic growth over a period of 50 or more years the government should:
- encourage education and help people get college degrees.
- help businesses upgrade their capital equipment so they are using the latest technology.
- develop a clear system of laws and keep government honest.
Each is important; economists do not know which is most important.