Contrast voluntary and involuntary unemployment using Keynesian and Neo-classical macroeconomics.
2. What problems was the Bretton Woods system meant to solve and why might this be relevant to ‘BREXIT’?
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Get Help Now!3. Apply Keynes’ notion of the ‘paradox of thrift’ to Osborne’s efforts to control the government deficit.
4. Explain the difficulty in attempting to simultaneously control both the exchange rate and inflation.
5. Assess whether the 2007/8 financial crisis was caused by too much government spending.
6. Describe the effect of endogenous money on the ‘LM’ curve and the implications this has for the effectiveness of fiscal policy.
7. Explain the circumstances in which traditional monetary policy becomes ineffectual.
8. What is meant by ‘helicopter money’ and what are the pros and cons for using this form of macroeconomic stimulation?
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