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Compare Keynesian and classical macroeconomic thought,
Discussing the Keynesian explanation of prolonged recessionary and inflationary gaps as well as the Keynesian approach to correcting these problems
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The assignment prepared in Microsoft word is about the macroeconomics. The two main theories in macroeconomics are the Classical economics suggest by David Ricardo and Keynesian Economics suggested by Keynes. The latter have proved to be beneficial in ending the great depression.
Explain the difference between saving and investment as defined by a macro economist. Which of the following situations represent investment? Saving? Explain.
An accident has occurred in which chemicals leaked into the ground water nearby, the community is unaware. Assess the costs involved in cleaning up the water immediately (confessing) versus hiding the fact.
Illustrate what is the impact of shifts of the aggregate demand curve on potential output. Illustrate your answers with a diagram.
Our economy thrives on competition. Market forces will lead company to produce the mix of goods most desired. Unforeseen events can be responded to in a rational manner.
What is the simple deposit multiplier, what is the amount of required reserves that the bank is holding and how much excess reserves does the bank have?
1. An economy in which production is based on customs and traditions and economic roles are typically passed down from one generation to the next
You are considering auctioning a Leonardo Da Vinci original sketch. You entice four bidders to come to your auction. The bidders' valuations of the sketch in decreasing order are $3.0, $2.2, $2.0, and $1.5 (in millions). If you used a second-price..
in many sub-saharan african countries girls have lower enrollment rates in secondary schools than do boys. if
A trader owed £39,175 to fully secured creditors and £205,000 to unsecured creditors. The assets of the business realized £138,600. Express the business assets as a percentage of the liabilities
1. With free trade between Australia and Canada, Australia would export beef to Canada. But Canada imposes an import quota on Australian beef.
Using the following data calculate Disposable Income:
Is the demand for electricity much price elastic when measured over a short period of time or a long period time. Explain.
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