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Aaron Dobbs
@DobbsEconomics
Joined January 2018
22
Following
5
Followers
54
Posts
Aaron Dobbs
@DobbsEconomics
over 8 years ago
Causes of unemployment come from two main causes: frictional and structural. Thank you fans and followers, yours truly. Yeet.
#ECO2307
DobbsEconomics
retweeted
NPR's Planet Money
@planetmoney
over 8 years ago
Today on The Indicator: how a shortage of farm laborers is driving some of America’s food production business across the border to Mexico. https://t.co/AAYI1Mb4vB
Aaron Dobbs
@DobbsEconomics
over 8 years ago
@planetmoney
This will have an effect on NX in this sector. We will now have to import more driving our NX down
#ECO2307
Aaron Dobbs
@DobbsEconomics
over 8 years ago
@DylanFaganEcon Yes my friend, are you saying output and price level create the axis’s for the AD graph?
#ECO2307
Aaron Dobbs
@DobbsEconomics
over 8 years ago
@DylanFaganEcon Yes my friend, are you saying output and price level create the axis’s for the AD graph?
Aaron Dobbs
@DobbsEconomics
over 8 years ago
@Brogan_72
I think this idea is backed up by the fischer equation. Right?
#ECO2307
Aaron Dobbs
@DobbsEconomics
over 8 years ago
Could be due to the effects of menu costs or the sticky wages theory
#ECO2307
https://t.co/emKPx5ww7Z
Bloomberg Economics
@economics
over 8 years ago
The economy is booming, so why won't U.S. grocers raise prices? https://t.co/0bqQsRu5uF
Aaron Dobbs
@DobbsEconomics
over 8 years ago
Fed regulates money.... poorly..... also no class tomorrow
#M4N
Aaron Dobbs
@DobbsEconomics
over 8 years ago
Several economists saw/predicted the crisis, but were ignored or not taken seriously
#M4N
Aaron Dobbs
@DobbsEconomics
over 8 years ago
YEET
#M4N
Aaron Dobbs
@DobbsEconomics
over 8 years ago
“The gold standard was on the verge of collapse”.... yes
#M4N
Aaron Dobbs
@DobbsEconomics
over 8 years ago
Someone say feds? Gtg
#M4N
Aaron Dobbs
@DobbsEconomics
over 8 years ago
The fed can reduce u-rate below natural rate by making inflation greater than expected. Yeet
#ECO2307
Aaron Dobbs
@DobbsEconomics
over 8 years ago
A low inflation rate corresponds to a high unemployment rate according to the Phillips curve(in the short run)
#ECO2307
Aaron Dobbs
@DobbsEconomics
over 8 years ago
@leahecon2307
Brilliant tweet! Aggregate Demand increases can be a tricky concept when you include the crowding out effect! Really neat
Aaron Dobbs
@DobbsEconomics
over 8 years ago
@jakenelson15151
Nice words! Could a temporary increase in income be a pet hamster leaving you $10,000 in his/her will?
Aaron Dobbs
@DobbsEconomics
over 8 years ago
The crowding out effect increases AD but by a smaller amount that the multiplier effect would
#ECO2307
Aaron Dobbs
@DobbsEconomics
over 8 years ago
stock market boom that increases households wealth would increase AD. Govt should decrease money supply which raises interest rates
#ECO2307
Aaron Dobbs
@DobbsEconomics
over 8 years ago
Stagflation is the falling of output when prices are rising
#ECO2307
Aaron Dobbs
@DobbsEconomics
over 8 years ago
Anything that shifts LRAS will also shift the SRAS
#ECO2307
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