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Attempt to briefly explain the great recession according to each of the following four business cycle theories:
1. New Keynesian
2. Real Business Cycle Theory
3. Monetarist
4. Austrian School
Use each of the four model perspectives to answer the question: how did this all happen? In your view, was an appropriate Fiscal and Monetary Policy Response followed?
In order for third-degree discrimination to be possible, which of the following features is not required?
Determine the quantity that would be produced at this price and the maximum profit possible.
What is the decision rule? Fill in only one of the following statements depending if the hypothesis is One tailed or Two tailed if the hypothesis is one tailed:
Using a 'counting' loop approach to simulate a entomologist collecting insects. The program should keep a running total of the insects collected for a five day period by asking for the number is insects collected each day.
What were some continuities and changes in American foreign policy between 1865 and 1945? And how did domestic affairs influence changes in American foreign policy towards areas like Latin American, Europe and East Asia?
Equilibrium of Price/Quantity/Consumer Surplus/Producer Surplus? If a tax is introduced and it is $1 per unit, what are the new Price/Quantity/Consumer Surplus/ Producer Surplus/ tax revenues? What is the deadweight loss of the tax?
A 30% tariff is imposed on imported solar panels. Assuming demand stays the same, what would be the new Q* and P(Q*)?
Suppose a firm adopts technology that allows its output to increase by 15%. If the price elasticity of demand for this product is -3
Discuss the major components of a bank's contingency funding plan.
Based on our discussions and concepts learned, do you think Africa would be a good opportunity for an America company to expand into? What could be opportunities and challenges? Think in terms of some of the micro and macroeconomic concepts we co..
Describe ways you see utilizing families in the learning environment. What benefits and challenges come with family volunteers?
What quantity of BMWs should the firm sell in each market, and what should the price be in each market? What should the total profit be?
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