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J. R. Hicks, in the 1937 article in which he proposed the IS-LM analysis, argued that Keynes's General Theory did not represent a major break with the classical tradition.In particular, he maintained that the main insight it contained was into the conditions existing during a depression or a deep recession. Was this claim valid?
Have Keynesians contributed anything further since Keynes's General Theory? Does the above claim apply to the various Keynesian models?
Does the modern classical approach provide an adequate analysis of the economic conditions in recessions and depressions, or does the profession still need the Keynesian approaches for its analysis?
1) Compare and contrast benefits and challenges that exist between centralized database management systems and distributed database management systems. Identify potential business environments where each can be properly used.
Suppose your college charges you separately for tuition and for room and board. then what is a cost of attending college that is not an opportunity cost.
Who are the stakeholders involved when it comes to the economic demands and society's expectations of post secondary education?
Find out the quantity demanded, the quantity supplied, and the magnitude of the shortage if a price ceiling of $30 is imposed in this market. Also determine the full economic price paid by consumers.
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1. calculate the present value of each of the following future paymentsa. a 10000 lump sum received 1 year from now if
Identify at least four (4) key points of a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-8 (supply, demand, market structures, elasticity, costs of producti..
What type of barriers to entry exists in this industry and how did Virgin Mobile manage to enter into this industry and Justify why it is beneficial for existing firms to attempt to create such barriers.
Why are banks currently keeping large quantities of excess reserves? What are the monetary policy implications of banks keeping large quantities of excess reserves? In particular how does it change the efficacy of open market operations?
The government can increase GDP in the short run by running a budget deficit. What are some long-term effects of deficit spending?
A large automobile manufacturing company is considering the installation of a high-tech handling system. The initial cost of the system is $3,000,000 and it is estimated it will save $750,000 per year in manual labor, and will incur $27,500 in operat..
describe a single non-profit provider, describe a model that can be uses to predict the quantity of health care services provided. Identify the health economic issues of non-profit providers, state why non-profit providers or organizations are imp..
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