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Are you a Classical or Keynesian economist? Pick a perspective and defend. APA Style, Double Spaced, 12 Font, Times New Roman Font, References Cited.
Explain how can these limits to reimbursement be viewed as the exercise of monopsony power.
Show the first and second order condition for profit maximization. Illustrate what is the price elasticity of demand faced by this monopolist.
Estimating the demand for money and plotting a demand curve for that estimation based on the equation: M1=a+b1(interest)+b2(time). Where a is the intercept value for the demand curve
Two identical firms face linear demand. Market demand is given by P=30-Q. Compare graphically consumer and producer surplus in Cournot and Stakelberg equilibria to perfect competition.
Illustrate what do these numbers imply for the decision of when to open a shared facility versus two separate facilities.
First, read Fuguitt and Wilcox, pages 181-183. Then, from the Stock and Watson text Web site find a data file CAschooldistricts that contains data on school districts for 420 districts in California. A detailed description is given in CAschool_D..
One person-day of labor produces: China 9 rice 3 computers India 4 rice 2 computers a) Does any country have an absolute advantage If so, which one b) For India, what is the resource (or opportunity) cost of rice (R) in terms of computers (C), and C ..
Entry of firms in a monopolistically competitive industry is characterized by two "external" effects. What are these effects and how do they affect a monopolistically competitive firm. How are consumers and incumbent firms influenced by these exte..
Illustrate what is the discount rate in the banking system and explain how the Fed manipulates this rate in order to achieve macroeconomic objectives.
Make an analysis of the United State Fiscal Policy by addressing the following, differentiate the state of the economy. Determine the focus of the current fiscal policy?
Describe the impact of an increase in government spending on GDP using both Keynesian and classical points of view.
Assume the economy initially is in a long run equilibrium plus the following: the U.S. dollar is relatively strong against all major foreign currencies. Suppose the Congress and the President decide to decrease government spending dramatically
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