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Question 1.
Given the similarities and differences of three contending theories (Marxism, Neoclassical, and Keynesianism) that you have learned in the class, briefly analyze the key factors that contributed to the decline of economic systems under Marxism in the late 20th century in the countries of Eastern Europe and East Asia. Give specific examples as part of your answers.
Question 2.
In understanding the process of the rapid transformation of economic systems in many nations in the world from the beginning of the 1990s, briefly explain why the freedom to choose the right theoretical foundations still do matter to develop an appropriate economic system for economic growth and better income distribution of a society.
Reading Reference: Lecture notes for WK6 based Resnik and Wolff textbook, Chapter 7 (but not limited to)
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Explain the difference between Macroeconomics and Microeconomics. Also explain how economics is used as a social science and as a policy tool.
The product is a new more affordable hardware wallet to store crypto.
Identify and describe four causes (i.e., types of unemployment). Are some workers more likely than others to be laid off and have a harder time finding another satisfactory job? Explain.
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You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population
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Beta and the expected rate of return for four stocks are as follows.: A, 1.2, 14%; B, 0.8, 9%, C, 1.3, 13.25%, D, 0.7, 10%.
You overheard Mr. John, the newly-hired marketing manager, saying: "I think our company should take advantage of economies of scale by increasing output
Atrium, a manufacturer of upscale designer tee-shirts, is considering launching an Internet operation to sell its product direct to consumers in addition to distributing through traditional bricks-and-mortar retail stores. Retail store distribution: ..
q.a can of soda costs 0.75 in the united states and 12 pesos in mexico. what would the peso- dollar exchange rate be if
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