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Could the monetarists have ended the Great Depression and brought the economy back to full employment?
Would the Depression never have happened if the monetarists had been in charge?
Would a monetarist be more likely to favor fiscal policy, monetary policy, or neither? Why?
Between problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound of money supply, a low saving rate, poor capital base, and a lack of foreign exchange.
The table indicates that 550 patients per week can be seen using two different combinations of DR and PA time: (50 DR, 40 PA) and (40 DR, 60 PA).
Another researcher is interested in the same regression, but he makes an error when he enters the data into his regression program: He enters each observation twice, so he has 200 observations.
Use an aggregate supply-and-demand diagram to show that multiplier effects are smaller when the aggregate supply curve is steeper. Which case gives rise to more inflation—the steep aggregate supply curve or the flat one?
Suppose that society decided to reduce consumption and increase investment. How would this change affect economic growth? What groups would benefit from this change? What groups might be hurt? Justify your answer.
1.nbsp consider the following cobb-douglas production function y k12l12 radickla. compute the value of y for k 100
In the short-run specific-factors model, consider a decrease in the stock of land. For example, suppose a natural disaster decreases the quantity of arable.
Explain why might the unemployment rate tend to actually underestimate the unemployment problem, especially during a recession.
Some politicians have proposed changing the way social security benefits are taxed. One proposal would increase the amount of Social Security benefits included in gross income to 100 percent
If you can borrow (and lend) money at an interest rate of 8 percent, will the investment be a profitable undertaking? Is the project profitable at an interest rate of 12 per cent? Provide numerical calculations in support of your answers.
How can their society provide for their wants and needs? Why are they so impoverished? What their governments do to help, or hinder their country's development?
What are the differences between effective and aggregate demand and which one is most important in determining the equilibrium of Keynesian economy?
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