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1. What were the similarities and differences between Keynes's and Friedman's demand functions for money? In which tradition (Keynesian, quantity theory or traditional classical) did Friedman's analysis belong?Discuss Friedman's views on velocity and present his velocity function.
2. Discuss the following statement: Friedman's critique of Keynesian liquidity preference theory, and especially of the Keynesian speculative motive, is more concerned with the stability rather than with the interest elasticity of money demand.
Would the conclusion change if the sample had been 124, but with the sample proportion of the ?rms meeting the pollution standards the same as before?
What tools does the Federal Reserve have to pursue monetary policy? Which tool does it use most?
Consider a two-commodity economy with 400 identical consumers. Each has the utilityfunction U = x1x2 and each has an income of 20. The x1-commodity is produced by 100price-taking profit-maximizing firms. Forty of them have the total cost function C(q..
The basic economic argument for greater income equality is that: an equal distribution of income is the logical outcome of any tax-transfer program. because citizens enjoy political equality, they are also entitled to economic equality.
From the scenarios, Erica and Chris have determined their weaknesses after performing a SWOT analysis. However, they have yet to identify opportunities for their business. Determine two potential opportunities specific to their restaurant's busine..
What (if anything) would be the equilibrium if firms had Bertrand conjectures throughout? (Note well: The number of firms is set and then firms compete.
the blair companys three assembly plants are located in california georgia and new jersey. previously the company
dayton metal corporation dmc a medium-sized manufacturer of fabricated metal parts is considering whether to enter the
Determine what effect should each of following have upon demand for profitable music players in a competitive market?
Why Exceptional demand and reasons for exceptional demand curves.What is change in demand and change in quantity demand
three oligopolists a b and c produce an identical product q. q is produced under conditions of constant costs that is
The rate of our imports and exports has nearly quadrupled during past decade alone. Firms today are hiring, investing, buying, selling, increasing capital overseas among other things
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