Which economic theory seems more accurate

Reference no: EM13716713

Choose #1, #2 or #3 ( chose only one of the 3 questions) and write a brief ( 500 - 1000 words)

#1 - Which economic theory seems more accurate to you? Classical or Keynesian theory? In your explanation, describe the key assumptions of the theory you choose and explain why you think those assumptions are reasonable to make. In your answer, include research or example to justify your explanations.

#2- Is the US trade deficit a problem? Are there any problems associated with using the sale of financial assets to pay for imports? are there benefits to running a trade deficit if it means greater investment spending? Are there any other benefits to our trade deficit? Should we use trade barriers to try and reduce the trade deficit? How would such a plan work and what are the benefits and costs to such a plan ? Explain your answer.

#3 - Should we use discretionary monetary policy to try and stabilize the economy? Do we need any stabilization policy at all? Do we risk too much inflation by having the Fed try and keep the economy at full employment? Is the Fed board of governors too powerful or unaccountable? Should we consider using a rule to guide monetary policy rather than decisions of the board of governors? Are there any other ways we can improve the way the Fed conduct monetary policy? Explain your answers.

Reference no: EM13716713

Questions Cloud

Small businesses found in the service-producing sector : Why are most small businesses found in the service-producing sector? Identify five small service-producing businesses that you patronize frequently. What kinds of small businesses are found in the goods-producing sector? What small goods-produc..

An effort to move the economy out of a recession : In an effort to move the economy out of a recession, the federal government would engage in expansionary economic policies. Respond to the following points in your paper on the actions the government would take to address expansionary fiscal a..

All over the world are involved in providing education : It is common knowledge that governments all over the world are involved in providing education for their citizens. To gauge the effectiveness of public education, federal government, states, and independent agencies measure achievement regularl..

How does each influence the state government : Post a 4-5 pg paper. Identify and provide a description of one interest group and its connection or relationship to each of the two principal political parties. How does each influence the state government ?

Which economic theory seems more accurate : Which economic theory seems more accurate to you? Classical or Keynesian theory? In your explanation, describe the key assumptions of the theory you choose and explain why you think those assumptions are reasonable to make. In your answer, incl..

Training and development in small businesses : Select a small business with which you are familiar. Imagine that you have been called into that business to provide a consultation on training. Create a comprehensive training proposal for the business.

Justified and supported with substantial research : Section 1: Application (40 Points) Please answer the following question by integrating research, examples and opinion. Your answer should be no less than 300 words in length. The assignment is worth 40 points. It is important that your answer i..

What is the equilibrium price of laptops : Consider the market for laptop computers. The demand for laptops is Q = 1800 - 3P. Suppose the supply of laptops is given by Q = -200 +2P. What is the equilibrium price of laptops?What is the equilibrium quantity of laptops?

How do you find all the points on an elliptic curve : How do you find all the points on an elliptic curve? y^2 = x^3-2 (mod7)

User Account

All Pages