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Neoclassical and Keynesian theory.
Which theory sounds more accurate to best describes how most people actually think and behave?
Explain the pros and cons of using a change in the tax rate to achieve the desired increase in output. Be sure to thoroughly elucidate how the change will affect equilibrium prices, output, and unemployment.
Production and expenditure approaches to GDP: Consider three firms: firm A, a mining enterprise; firm B, a steelmaker; firm C, a car maker. Calculate the GDP of this economy by the product and the expenditure approach, based on the following assumpti..
Find an article in the financial press (Wall Street Journal, Fortune, BusinessWeek, etc.) on a proposed change in the federal tax code.
Banks play an important role in the economy as regards to the money supply that is how to create money. Why do banks take actions that result in the creation of money and growth in the money supply?
Let's use an oligopoly model to understand why it may be better for competing firms if one of them assumes the role of a price leader (ABI in this story), while others follow (MillerCoors'), relative to a situation where they choose price simultaneou..
How is each of the following events likely to shift the supply curve or the demand curve for fast-food hamburgers in the United States? The number of teenagers in the economy falls due to population aging. Mad cow disease, a rare but fatal medical co..
Outline some prominent features of the history of monetary theory in terms of the ‘Equation of Exchange'.
Consider the case in which the retailer chooses the retail price but does not provide retail services. Show that a non-integrated manufacturer can use either RPM or two-part tariffs to achieve the vertically integrated level of profits both for the c..
q1. the jones company has just completed the third year of a five-year macrs recovery period for a piece of equipment
Compare and contrast the views of Easterly and Banerjee and Duflo on the relationship between governance and economic development. Which do you find most persuasive? Explain your answer.
What role do monetarists believe the government should play in the economy and why? After that has been discussed, what Keynesian and New classical economists believe about macroeconomic policy? Which role of thinking do you think you would fit in?
Use the Internet or Strayer databases to research the advantages, features, and common examples of OOP and EDP.
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