Reference no: EM132331536
Assignment: 1. Classical v. Keynesian Approaches
Fiscal policies are the actions of Congress on spending and taxing. (Note that this is different from monetary policy, which is the action take by the Federal Reserve to change the money supply.)
The effects of the US recession are waning the jobless rate is falling. Some economists are recommending an end to any stimulus program, in which the government's fiscal policy increases government spending and which increases demand and employment.
Explain and compare the Keynesian and classical points of view. Take either the classical or Keynesian position on a stimulus for our economy today (AS ALWAYS IN THIS CLASS, THIS POSITION NEED NOT BE YOUR ACTUAL OPINION.) Support your point of view using principles of Classical or Keynesian economics, as described by Mayer in Chapter 16 of "Everything Economics."
2. What Role for Government?
In Chapter 3, Wheelan describes a number of ways in which the "government is your friend" in a well-functioning society and economy. List and explain two ways that, in your everyday lives, there is a need for an effective government role in an economy.
Explain how this government role does, or does not, solve a market failure such as an externality.
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Determining the basic eoq model
: In the basic EOQ model, if D=60 per month, S=$12, and H=$10 per unit month
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Describe the fed current policy in brief
: Monetary policy is the action taken by the Federal Reserve to expand or contract the money supply and influence interest rates. After checking the current news.
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Examples of firms pursuing cost leadership strategies
: Wal-Mart, Casio, Hyundai are all examples of firms pursuing cost leadership strategies
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Benefits of pertinent negative in human interaction
: Research the concept, Pertinent Negative as It relates to our personal behavior and perceptions.
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How the government role does solve a market failure
: In Chapter 3, Wheelan describes a number of ways in which the "government is your friend" in a well-functioning society and economy. List and explain two ways.
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What ethical issues pertaining to privacy
: Within a month of beginning to use your new phone, when you used your phone for internet browsing, you began receiving targeted pop up ads for local restaurants
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List the three types of experiments that are done in ecology
: List the three types of experiments that are done in ecology, and explain how each differs in regard to regulating independent variables that are under study.
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Explain the process of performance management
: Explain the process of performance management and the purpose of using performance management systems in the workplace.
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Describe in-group and out-group members
: What does this concept relate to? Do employees choose which group they want to be part of? Can they move back and forth between the two groups?
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