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How would a Keynesian, Monetarist, and Neoclassical Theorist would each propose promoting economic growth to our economy based on it's current state? Discuss the cause and effect variables that each theory uses to explain business cycles.
Describe the current state of the U.S. economy using the two monetary aggregates (M1 and M2) currently published by the Federal Reserve. In your description, illustrate the tr
Quarterly deposits of $1,000 are made at t=1,2,3,4,5,6, and 7. Then, withdrawls of size A are made at t=12,13,14, and 15. If the fund pays interest at a quarterly compunding r
What are some socially undesirable effects of a monopoly industry (which means a single firm) producing less output than a similar competitive industry? How do you feel about
Does a competitive firm’s price equal its marginal cost in the short run, in the long run, or both? Provide specific examples to support your answers. Does a competitive firm’
An oil company is considering a routine core analysis to be done from an outside lab. The outside lab charges 20$ per core plus $1 per core for shipping and handling. Discuss
Determine your own market for a good and conduct your own analysis of a change in both the demand curve and the supply curve and report how the equilibrium price and quantity
If you are assigned the responsibility of investigating the feasibility of drilling an infill well in a mature field, state the essential data you will collect. What are the c
Suppose the demand curve for cantaloupes P = 120 – 3Q. Where P is the price per pound (in cents) of a cantaloupe and Q is the quantity demanded per year (in millions of pounds
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