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The two opposing views on government interaction and responsibility with respect to economic fiscal and monetary policies have been a topic of debate among economist for decades.
Today many economists are questioning the theories of Dr. John Keynes and wondering if there is another theory/approach towards business cycle stabilization.
After reading the information on both the Keynesian View and the Classical View, tell us what you think? Which theory do you feel is a better fit for our current global economy?
Drawing on current business publications, find out some updated facts for each case that support this theme.
If you were Chairperson of the Federal Reserve. Show each of the following shocks on an IS-MP diagram. Consumers become pessimistic about the state of the economy and future productivity growth. Improvements in the information technology increase pr..
A machine costs $20,000 and has a 5 year useful life. At the end of the 5 years, it can be sold for $4,000. If annual interest is 8%, compounded semi annually, what is the equivalent uniform annual cost of the machine?
What is the relationship between a country’s political/economic environment and risk? What about corruption? Please provide examples to support your post!
Suppose in 2012 you buy 3% coupon rate, $100 face value bond for $100 that has 2 years left till maturity. If in 2013 interest rates decrease to 1%, what will be the price of your bond and what will be your rate of return if you decide to sell it?
Small minimum efficient scale in assembly operations indicate high or low entry threat in the PC business
Why is economics a science of choices? Explain the kinds of choices confronting workers and employers in labor markets. Distinguish between microeconomics and macroeconomics.
Describe the Lucas critique. Why might the level of government debt affect the government's incentives regarding money creation?
Compare social welfare under the bribe with social welfare in the case where the police officer always abides by the law.
Suppose the demand for Coca-Cola increases due to a change in consumer tastes. Ceteris paribus, the equilibrium price should _______ and the equilibrium quantity should _______.
Explain each of the following using supply and demand diagrams, With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.
Illustrate what would production at a point outside the production possibilities curve indicate? What must occur before the economy can attain such a level of production.
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