1. Theory of Demand Side Economics
However when evaluating the Federal Reserve (FED), European Central Bank (ECB), or the Peoples Bank of China (PBC) the predicament remains the same. ... This query remains the same; to truly know what is better for an economy, the benefits and drawbacks of demand-side economics must be evaluated. ... However, following in the US's footsteps last year, Central bankers in China tried to revive a slumping economy by pumping more money into the system experienced the expected. Due to the additional government lending consumer inflation swept through China - forcing up food prices and infla...
- Word Count: 663
- Approx Pages: 3
- Grade Level: Undergraduate