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Discussion
Linear programming is a mathematical modeling technique in which a linear function is maximized or minimized when subjected to various constraints. Linear programming is often used when seeking the optimal solution to a problem, given a set of constraints. To find the optimum result, real-life problems are translated into mathematical models to conceptualize linear inequalities and their constraints better.
Explain the events that lead to the most recent financial crisis. In your opinion, who is to blame?
Assume that the Fed is needs to keep the inflation rate so provide an anchor for inflation expectations.
How to Restore Participating and Self-Support to Free Enterprise (Harvard University Press, 197), economist Edmund Phelps offers this plan to help the working poor: apply tax credits for "qualified employers" or hire disadvantaged people for "elig..
The table given below gives the production and values for a small economy that produces only bread and pop. The base year is 2002.
Why did the 2007-2009 recession become global in scope.
A plot of land costing $200,000 was acquired on January 1, 2001. The price level was 120 on that date. One-quarter of the land was sold on December 31, 2001, for $60,000 when the general price level was 180. Compute the following holding gains:
Let's say pre-Amazon NYC is in macroeconomic equilibrium with a real GDP of $10 billion. Illustrate this in the Aggregate Expenditure model.
Discuss to what extent these two countries' economies complement each other. Evaluate how sustainable the US model based on consumption is.
How did Keynes challenge the classical conclusion about income and employment, especially as it referred to the three foundations of classical theory; Say's law, the abstinence theory of interest, and wage-price flexibility
What impact do rhythm, beat, and/or tempo have on these songs? Please feel free to discuss popular songs that you enjoy.
This question concerns income distribution. Say that a country's income is split into quartiles as follows: 1st: 10%, 2nd: 15%, 3rd: 20%, and 4th: 55%. a. Draw the Lorenz curve from this data. b. Compute the Gini coefficient from this data.
Elucidate whether current economic conditions are more consistent with the Keynesian or classical economic theories.
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