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Keynesian versus classical policies
Explain why, at one point in time, a Keynesian approach to managing the macro-economy might be appropriate while, at another point in time, a classical approach might be more likely to produce a superior outcome. Make sure the outcome you address includes inflation and employment issues.
What price will the monopolist charge and how much output will he produce? Sketch a diagram of this market and show the equilibrium price and quantity. In addition, calculate the firm's profits.
Elucidate the significance and implications of various economic theories pertaining to profit, consumer choice, demand and supply, forecasting and optimization.
Explain why is there free trade among states in the United States but not necessarily among countries.
Illustrate what was the effect of these rate reductions on revenue flow into the federal treasury. What impact upon our economy from these individual tax rate reductions.
Suppose that the income effect of the tax induced price change is negligible, the excess burden of the tax will be.
Determine which of the two investment projects of Problem 1 the manager should choose if the discount rate of the firm is 20 percent.
Discuss the implication on earnings and cash flow, and articulate why this project was chosen over the multitude of options that exists.
Exp[lain how does banks use Covered interest arbitrage to protect themselves.
All firms in a Cournot monopolistically competitive industry have the same cost function C(q) = 25 +10q. Calculate the equilibrium price, firm output, total output and number of firms in the industry.
Illustrate the steps comprised in pricing the television units in order to maximize total revenue.
India's policies against exchange rates, foreign trade, domestic monetary systems and foreign policy. Also expand into how the political situation in India has effected the country economically.
Breifly explain the effect of an increase in money supply.
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