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Thomas Malthus argued that capitalism was unstable due to booms and busts in the economy, and so he wanted to see more of society's surplus go to the landlord class.To what extent is Malthus's view similar to and/or different from that of John Maynard Keynes, who argued in his General Theory that "animal spirits" motivated profit expectations and were associated with volatility in capital markets and hence with chronic and periodic unemployment of factors of production?
How was Malthus's view different from Keynes?How was the period during which he was writing affect this comparison?Does his feeling that the landed aristocracy should be promoted also affect this comparison?"
What compensation options are available to employers? Describe each. Many have argued that the most important reason for adopting incentive compensation is to communicate to employees how they contribute to the company's success.
The "crowding-out effect" suggests that A. excessive population in the cities is pushing people into the suburbs.B. if consumption spending increases investment spending must decrease. C. tax increases are paid primarily out of saving and, therefore,..
What is the price elasticity of demand? How is the price elasticity of demand calculated and describe and explain the three principal methods of financing that are used by corporations.
Individuals exchange commodities subject to the cash-in-advance constraint \(pz
a company makes widgets and has a fixed cost of 45000 per month and a variable cost of 45 per widget. if the selling
Identify the existing effect of the economic factors on aggregate demand and supply - Identify fiscal policies that are currently being recommended by government leadership.
air express an overnight mail carrier provides one flight per day from portland maine to hawaii. currently air express
country x and country y have the same level of output per worker. they also have the same values for the rate of
A.Based on the National Accounts, what policies would you implement to eliminate a NX
Insurance agents receive a commission on the policies they sell. Many states regulate the rates that can be charged for insurance. Would higher or lower rates increase the incomes of agents. Explain, distinguishing between the short run and the lo..
Determine the most highly concentrated retail industries in the U.S. as of 2002 and find the same information for Manufacturing and also included the Herfindahl-Hirschman Index.
Suppose the production function for oranges is Q = k^1/3 L^1/3. What is the labor demand function when Q = 4 and r = 9 ? What is the capital demand function when Q = 4 and w = 4 ?
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