gagatigaerma

@gagatigaerma (3)

Philippines • Age 29

Joined myLot 13 years ago

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gagatigaerma's Activity

Third and Final Macroeconomic Question: Money and the Economy

socballais @socballais (71) • Philippines 25 Sep 12

How do changes in the amount of money in the economy affect output, growth, unemployment and inflation?

49 responses

gagatigaerma Money,as the exchange of things bought affects output,because the quantity of goods and services produce will fall whether consumed or farther use.The output growth is the growth rate of the output for the entire economy,and it will measured using the rate of...

26 Sep 12

Economic development or Economic Growth?

socballais @socballais (71) • Philippines 12 Sep 12

Countries around the world benchmark their economic performance by the amount of the Gross National Product (GNP) that they attained. The higher the GNP, the higher is the economic growth. Is economic growth equated with economic...

59 responses

gagatigaerma I prefer Economic Growth,because when our economic becomes higher there are lots of work will be given to those unemployed people,aside from the profit gained from different industries more investors will have an interest to start a new bussiness that will...

24 Sep 12

Which comes first Microeconomics or Macroeconomics?

socballais @socballais (71) • Philippines 12 Sep 12

Is it possible to venture into Macroeconomics without studying Microeconomics? Is Microeconomics a prerequisite course before studying Macroeconomics?

60 responses

gagatigaerma No,because in starting a business, first we study the smallest aspects concerning economics afterwards we engaged to a big or large scale of business venture....!!! Yes,microeconomics is a pre requisite course prior in studying macroeconomics,because...

17 Sep 12