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State the essential difference between the classical and Keynesian schools of thought. If you were a public policymaker and received conflicting advice from a classical and a Keynesian economist, how would you choose? Explain.
Assume you fail to hedge, but the British ale seller decides to cut you a break and only pass through half of the pound appreciation.
For each of the given below statements, state whether the unemployment is structural or cyclical.
Assume the U.S. government determines that cigarette smoking creates social costs not reflected in the current price of cigarettes in the market
The data given below shows the situation in 2010 and 2011 if Fed does not use the monetary policy,
Explain how much would she need to make in revenues to earn positive accounting profits. If a firm makes positive economic profit it means that the firm earns normal profit.
Explain how do you calculate the free market wage rate given the labor supply and demand functions.
What is usually the relationship between a bond’s rating and the interest rate a company pays to buyers. the rating is the same as the rate or else.
However, using these new concrete forms adds 10% to the overall cost of the home. A typical 2,000 sq. ft. home using standard concrete forms costs $120 per square foot to construct and uses $300 per month average to heat and cool. Calculate the IR..
Explain which of these methods of encouraging growth would you suggest to a newly industrialized economy.
A movie production company faces a linear demand curve for its film, and it seeks to maximize total revenue from the film's distribution. At what level should the price be set Where is demand elastic, inelastic, or unit elastic Explain
If the US dollar depreciates dramatically relative to the Chinese yuan.what effect would this have on consumers and businesses in each country.
Suppose the City of Klamath is considering plans to build a dam on the Klamath River. There are currently social benefits to the recreational fishermen who use the river to catch salmon.
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