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(i). With relevant examples, discuss the institutional theory of inflation. How practical is it in developing countries?
(ii). Discuss the relationship between inflation and growth. Does this apply to Kenya?
Select an organization that has both U.S. and international presences. Write a 750- to 1,000-word paper in which you answer address the following:
In season three of the TV show The West Wing, the federal government. Explain why all else equal, the president is not responsible for causing greater poverty.
Write each production function given below in terms of output per person y a Y/L and capital per person k K /L. Plot these per person versions in a graph with y on the vertical axis and k on the horizontal axis.
Assume the government is considering whether to reduce the deficit by increasing capital gains taxes or by increasing payroll taxes. Describe how different groups are affected by the alternatives.
1. As you explore various application software, discuss at least one of your preferred application software with the class, why you find the software beneficial, and how your classmates may benefit from the software?
Write a three to four page paper in which you: Describe how the concept that you identified in Question 2 could affect the U.S. economy.
Describe the degree of substitutability between holidays in Australia and holidays overseas and draw an indifference curve that illustrates your description.
Explain how demand is affected when the government increases income taxes?
Illustrate graphically the impact in the short run and the long run of a Federal Reserve decision to increase open-market purchases.
The truth is out there. Echoed many times, the proposition that the truth is out there contains great weight when pondering whether there is or is not an absolute truth in the universe. Discuss the following points:
The law of comparative advantage recommends that countries specialize in those products in which they have a comparative advantage, not an absolute advantage.
Explain the effects of the increase in global demand for electric vehicles on the market for electric vehicles and on an individual electric vehicle producer in the short run.
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