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1. What were the similarities and differences between Keynes's and Friedman's demand functions for money? In which tradition (Keynesian, quantity theory or traditional classical) did Friedman's analysis belong?Discuss Friedman's views on velocity and present his velocity function.
2. Discuss the following statement: Friedman's critique of Keynesian liquidity preference theory, and especially of the Keynesian speculative motive, is more concerned with the stability rather than with the interest elasticity of money demand.
What is the link between gender equality and economic development - What evidence is there that a glass ceiling exists? What evidence refutes its existence?
Consider the following distribution of income in a 12 person economy, with the modern urban wage=3, the traditional rural income=1 and the informal urban wage = 2: (1,2,3,1,2,3,1,2,31,2,1). the poverty line is at 1.3. What is the level of absolute po..
To isolate the effects of advance purchase, the itineraries should depart and return the same days of the week at approximately the same times of day. Try to avoid the influence of holidays or other seasonal effects on demand.
With Milton Friedmans advice in mind, lets go back to explaining what was weird about the survey data where 60% chose Edwards over Obama, 60% chose Edwards over Clinton, 60% chose Clinton over Obama and then when asked to cast a single vote for one o..
Implement to support a stronger economic recovery
potatoes cost janice 0.50 per pound and she has 5.00 that she could possibly spend on potatoes or other items. if she
Calculate the quantity demanded at prices of $5, $4, and $3 and calculate the prices necessary to sell 1,250, 1,500 and 1,750 thousand s of five gallon containers.
Show using aggregate supply and demand analysis the effects of the following temporary shocks. Be sure to include any change to business cycle activity on your graph.
Define the union wage gain and the union wage gap. Why should we care about the magnitude of the union wage gain? Why should we care about the magnitude of the union wage gap? Under what conditions will the union wage gap provide a reasonable estimat..
consider the following problem there are two generators in this system and there is a load of 1000mw. there is only one
if you have the utility function uxy min3x y 4y. where x is measured on the horizontal axis and y is on the vertical
The probability that a student takes Economics is 0.70. What is the probability that a student takes Psychology given that the student is taking Economics?
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