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You are now responsible for Fiscal Policy in the United States. Your economic advisors are telling you that the economy has been pushed beyond the long run aggregate supply level. What policies would you advocate to slow down the economy? How will these policies lead to slowing the economy? What is the effect of not slowing down the economy? Illustrate with a graph.
Write your answer in short 1 Pages, and write references in end of the document
What do you understand by the term ‘Keynesianism’? From a policy perspective, outline key Keynesian policies comparing and contrasting these against a neo-liberal policy platform.
by defining a products market we will be able to know who are the competitors in this market what products they offer
Each instance which follows is an example of one of four types of market failure (imperfect market structure; the existence of public goods; the presence of external costs and benefits; and imperfect information).
What policies make sense to you with regard to the U.S. wheat or corn markets?
Short and Long-term costs business comparisons. Select directly comparison business concepts and generally discuss the FC, VC, break-even quantities, economies of scale and diseconomies of scale for each.
You're a manager at the Chevrolet division of General Motors. If your marketing department estimates that the semiannual demand for the Chevy Tahoe is Q = 100,000 - 1.25P
Who gains and who loses from instituting the pollution tax?
a) What is the real value of output (Q)? Now assume that the Fed increases the money supply by 10% and velocity remains unchanged. b) If the price level remains constant, how much will real output increase?
How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competitive market.
The economy of the country of Upland is still recovering from a severe recession and still has an unemployment rate close to 9%. Assume that the government's only concern is to achieve full employment. 1. What type of fiscal policy would you rec..
Describe a model of economic growth with spillover effects
The payoff matrix below shows the payoffs for two coffee manufacturers, Cambridge and Greystone, which are deciding whether to advertise. The blue payoffs show Cambridge's profit for different strategies selected by each firm. The orange payoffs s..
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