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Growth Theory
This only a discussion on Growth Theory. Take a stand and explain your side.
Although economists speak as if economic growth is necessarily a good thing, many question the sustainability and even the morality of ever increasing economic growth. Certainly we can nod to the idea that economic growth needs to keep up with population growth to maintain our current standard of living. However, does growth in excess of population growth increase well-being? A way to consider this is whether you are "happier," not whether you have more and better stuff, than your great-grandparents were. Some argue "no" andthat excess growth might even be construed as materialistic and immoral. Others argue that the pursuit of growth is depleting the earth's scarce non-renewable resources. I leave this issue in your capable hands.
In each of the cases listed below determine what this consumer needs to do (in terms of purchasing X and Y) to maximizes their utility.
Application of Nash Equilibrium and Game Theory with examples
It is your first day on the job at the Itty Bitty Machine (IBM) company and your new boss wants your advice. The company has invested $10 million in its new computer software.
Elucidate what would you expect to happen to the nominal yields changes in inflation expectations and required real yields occurred.
As the manager of Pelican Point Financial Group, you are unable to determine whether any given individual is a high or low volume transaction investor. Design a self-selection mechanism that permits you to identify each type of investor.
Use aggregate demand (AD) and aggregate supply (AS) model in which the short run aggregate supply curve slopes upwards to describe the equilibrium level of real GDP and prices if the economy is operating:
E;lucidate whether each among the subsiquent is an example of an automatic fiscal stabilizer.
Compute the AE function and plot it in diagram. What is total autonomous expenditure? What is slope of the AE function?
Illustratr what is the Keynesian solution to a recession or depression. Explain how does the Keynesian multiplier work.
Explain International Monetary System
Illustrtae what is the final impact of expansionary fiscal policy on the price-level and real output.
Monetary approach, elucidate the process by which a balance of payments deficit is corrected under a flexible exchange rate system?
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