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Discuss the main points of chapter 11-New Classical Economics. How does New Classical Economics (rational expectations) differ from the original Classical Model? How does New Classical Economics differ from the Keynesian position?
Do you think that monetary policy works better through the indirect effect of low interest rates or better through the direct effects of increased money and spending? Can the
Ugula sells rubber band in the domestic market. Their equilibrium price is $10. Ugula does not have competitive advantage in the production of rubber band. 1) Ugula now allows
Professional codes of ethics for mediators require them to maintain strict confidentiality. No matter what they are told by a disputing party, they cannot reveal it to anyone
Discuss each of the pricing strategies below. What conditions are necessary to make each strategy successful in terms of increasing profits? The price Company X charges for it
Consider a firm with a production function F(l, k) = l^{\frac{3}{4}} k^{\frac{1}{4}} , who faces input prices w = 2 and v = 54. Find the long run cost total cost when q=540. F
You are evaluating two different silicon wafer milling machines. The Techron I costs $258,000, has a three-year life, and has pretax operating costs of $69,000 per year. The T
Suppose Janet sells papayas at a perfectly competive market in Tailand. While her average total caost reaches a minimum level of 43 her minimum average variable cost is $2. At
You work for an unemployment agency that distributes unemployment checks to unemployed workers in your state. Your boss recently learned that the President proposed a 21 perce
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