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Question: 1. Identify which component of GDP Keynes labeled as the cause of instability.
2. Discuss the effects of the multiplier and the accelerator.
During the 1990s, Western Europe experienced high rates of unemployment, while in the US, rate of unemployment remained far below natural rate.
What are the main differences between operating systems for mainframe computers and personal computers? Describe in detail the difference between the client-server and peer-to-peer models of distributed systems.
Assume that full-employment GDP is £500 billion and that current GDP is £450 billion. Assume also that the mpcd is 4/5. (a) Is there an inflationary or deflationary gap?
Give an personal example of a reverse logistics system you have experienced as a consumer. Were you satisfied with cycle time of process and what steps did the company take to guarantee your satisfaction.
A collateral bond with a face value of $5,000 was purchased by an investor for $4,100. The bond was due in 11 years, and it had a bond interest rate of 4% per year, payable semi-annually. If the investor kept the bond to maturity, what rate of ret..
Briefly write and explain Friedman's methodology of "Positive Economics". Do you think the discrimination of economics as "normative" and "positive" is a logical move in building theory?
How do they affect the economy in terms of growth, labor force, and price of labor
Purpose: To develop your familiarity with the language and tools of economic analysis and reasoning by critically analysing a contemporary issue
There are over 5,000 banks in the United States—more than 10 times more per person than in other industrialized countries. A recent study suggests that the long-run average cost curve for an individual bank is relatively flat. If Congress took steps ..
maria and emmanuel need to cut logs for shelter or gather food to stay alive per day. maria produces 10 cut logs of shelter and 10 baskets of food. emmanuel produces 5 cut logs of shelter and 8 baskets of food. a) what is the opportunity cost for m..
What would you type at a 1900 console prompt to see the transmit and receive statistics of VTP?
Suppose that technophiles are willing to pay $400 now for the latest iPhone, but only $300 if they have to wait a year then compute the optimal pricing scheme of the iPhone.
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