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Identify the normative policy school (Keynesian, New Classical, Supply side, Monetarist, or Mainstream) which most closely represents your own normative policy views? Defend your position and offer at least one counter argument against the alternative schools. Also, be careful to identify the positive reasons for your normative position.
Based on the Coase theorem, if private parties can bargain without expense, then the private market will solve the problem of externalities
the cost of a person-hour of labour is w and the cost of a machine-hour of capital is r. the firms longrun total cost
An interesting example of strategic behaviour comes from a 1997 article about Microsoft’s investment in Apple (New Straits Times, 1997). The article is included in the Required Readings list. Facing tough anti-trust scrutiny from government agencies,..
Is there efficiency in production?
what are the different types of unemployment? how do they affect the economy in terms of growth labor force and price
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list the factors that might influence a countrys exports imports and trade balance. suppose that bill a resident of the
scale economies and diseconomies at mcdonalds how does having a menu that is uniform around the country provide
in order to receive credit for this assignment you must use the marginal revenue-marginal cost analysis and you must
analyze the short run and long cost functions for the low-calorie microwaveable food company given the cost functions
For each of the following shocks, describe how monetary policymakers would respond (if at all) to stabilize economic activity. Assume the economy starts at long run equilibrium.
statements that best describes the idea of a “consumption vocabulary."People who have a larger vocabulary consume more .
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