Hi Edwin, just wanted to give you a few tips. If you do take pictures of your notes, do it so that it can be entirely readable and comprehensible. I do like the fact that you put in some youtube videos to teach a few concepts. I will touch on your video of loanable funds. Supply of loanable funds are dependent on savings. When a government runs on a deficit, then the government is demanding money in order to spend it. When you increase the demand for money, you increase the demand for loanable funds because you are borrowing it.
Hello Edwin. Your blog is pretty good but I think you forgot to mention how the government uses fiscal policy to improve the economy. Under a recession, the government increases spending and decreases taxes, whereas during a recession it does the opposite.
Hi Edwin, just wanted to give you a few tips. If you do take pictures of your notes, do it so that it can be entirely readable and comprehensible. I do like the fact that you put in some youtube videos to teach a few concepts. I will touch on your video of loanable funds. Supply of loanable funds are dependent on savings. When a government runs on a deficit, then the government is demanding money in order to spend it. When you increase the demand for money, you increase the demand for loanable funds because you are borrowing it.
ReplyDeleteHello Edwin. Your blog is pretty good but I think you forgot to mention how the government uses fiscal policy to improve the economy. Under a recession, the government increases spending and decreases taxes, whereas during a recession it does the opposite.
ReplyDelete