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Evolution of Fiscal Policy
What did classical economists assume about the flexibility of prices, wages, and interest rates? What did this assumption imply about the self-correcting tendencies in an economy in recession? What disagreements did Keynes have with classical economists?
Illustrate what price-quantity combination maximizes your firm's profits. What price-quantity combination maximizes revenue.
Discuss the influence of any Federal government or state government programs, such as tax credits or tax deductions for energy-saving/efficiency purchases.
What are expectations, and why are they important, in macroeconomic models? What would you think about a macroeconomic model that assumed that people's expectations of inflation were constant, even though the inflation rate changed over time?
The Euro has had led to positive growth in income and trade to non-EU countries. Based on this statement, how did the other countries benefit from the introduction of the Euro?
How many trees should be cut to maximize the profit?
discuss the various ways governments can handle externalities such as noise from a local airport or a barking dog or
Evaluate current global economic conditions and their effect on local macroeconomic indicators in your selected country. Consider forecasts for population growth, GDP growth, GDP per capita growth, export growth, and sales growth.
Suppose a consumer has the utility function u(x;y) = xy1/2. Suppose the prices and income are given as Px = $2;Py = $3; I=$900:
If the interest rate is 7.5 percent, then what is the present value of $4,000 to be received in 6 years? Please show work
What are the consequences of the vastly increased foreign holdings of US debt? What are the consequences if the debt is paid off?
Using the accural basis revenue on the income statement was$124,320. Accounts receivable were $3,320 on January 1 and $3,600on December 31. Unearned revenue was $1,040 on January 1 and $1,690 on December 31.
Discuss the economic, social, and cultural reasons for differences between the population densities in these two regions. Evaluate the polices of the DN with those of the LDN you chose as they relate to reducing the population/fertility rates. Explai..
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