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Select an economist from the list OR research and propose an economist of your choice for instructor approval:
Dr. James Buchanan (the theory of public choice)Adam SmithDavid RicardoKarl MarxLudwig von MisesJohn Maynard KeynesMilton FriedmanAyn RandJohn LockeJohn Stuart MillsMurray RothardHenry HazlettBenjamin FranklinCarl MengerFrederic BastiatJulian SimonBooker T. WashingtonFrederick Hayek
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1. Brief biography including dates of birth and death; details about childhood, home life, and education; and professional progress.
2. What are his or her major contributions to the study of economics? How would you describe his or her point of view?
3. How are personal experiences reflected in his or her books and other publications? How have those publications influenced the study of economics?
Equal Protection Clause The state of Alabama enacted a statute that imposed a tax on premiums earned by insurance companies. The statute imposed a 1 percent tax on domestic insurance companies (i.e., insurance companies that were incorporated in Alab..
The three categories of investment spending are residential investment (housing), inventory investment, and business fixed investment.
Contrast two or three key economic factors for this country with the U.S. economy, and comment.
Illustrate what would be effect of policy described in part (c) on economy's stability over business cycle.
Determine the projected amount of income tax expense that would be reported if Whitley purchases the equipment in 2013.
Since 1979, low income recipients have been given food stamps without charge. However before 1979, people bought food stamps at a subsidized rate. For example, to get $1 worth of food stamps a household paid about 20? (the exact amount varied by hous..
Suppose the U.S. government was able to determine which industries would grow the most rapidly over the next 20 years. Explain why this doesn’t necessarily mean there should be a policy to support the growth of these industries. Analyze the disadvant..
The burden of a tax falls on? _______. Capital income in the form of interest on bonds and bank deposits and dividends on stocks is taxed twice. Capital is internationally? mobile, so the supply of capital is highly inelastic. Capital income tax is p..
For each values for the MPC, determine the size of the simple spending multiplier and the total change in real GDP demanded following a $10 billion decrease.
Carefully explain how these two deficits are related economically so that changes in one are reflected in changes in the other.
Suppose Timothy consumes two goods, soda and chips. The slope of his indifference curve for these two goods reflects:
Please write a well developed essay which analysis all relations of Marshall lerner condition with foreign exchange market instability and j curve.
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