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John Maynard Keynes was the first to show that government policy could be used to change aggregate output and prevent recessions by stabilizing the economy. Describe the economy of the world at the time Keynes was writing. Describe the economy of the United States today. What measures were being proposed by the Presidential candidates in the election of 2008 to prevent or end a recession in 2008-2009? Where the actions taken appropriate from the stand- point of John Maynard Keynes? Did they have the desired effect?
In exchange for a $20,000 payment today, a well known company will allow you to choose one of the alternatives shown in given table. Your opportunity cost is 11 percent.
Discuss and explain the advantages and disadvantages of having one world currency. There are many trade agreements around world which involve many countries.
One type of toy bears is in China and exported to the United State A toy bear sells for sixteen Yen in China. The exchange rate of Chinese yen and US dollars is $1 = 8 Yen.
Analyze the effects of trade theories, policies, and interventions on countries and multinational organizations and interpret the effects of macroeconomic variables on multinational organizations
What was the workers' marginal product last year? What is it this year and what is the elasticity of demand for Zamboni air filters?
Is it not right to use the total revenue test for elasticity, when there is a direct relationship in price and total revenue the demand is elastic?
Flexible Exchange Rates and Economic Policies - In the IS-LM-BP model suppose the consumption function and the investment function
If the spot rate for British pounds is 0.57 pounds equals 1 US $, and the annual interest rate on fixed rate one-year deposits of pounds is 3.5% and for US$ is 2.5%, what is the ten-month forward rate for one dollar in terms of pounds.
The four-firm concentration ration for the 494 breweries operating in the US is 91 percent, your team has put together a report suggesting that the merger does not present antitrust concerns even though the two firms each enjoy a 15 percent share ..
In Japan, potential GDP is 600 trillion yen and the table shows the aggregate demand and short-run aggregate supply schedules. Real GDP Demanded Real GDP Supplied in the Short Run Price Level (trillions of 2000 yen) (trillions of 2000 yen)
Accordingly, many analysts in the energy field have had predicted the likelihood of further decline in oil price in the US market as the US continues to expand its domestic oil production with a long term objective of becoming even net exporter of..
President Obama recently agreed in December with Republicans in Congress to extend existing tax cuts that were scheduled to expire December 31 and to create new tax cuts as well. Meanwhile, recent reports suggest that the economy may expand more t..
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