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3. Contrast the rational expectations hypothesis and Keynes' description of expectations. Begin by explaining Muth's hypothesis in detail, and then explain Keynes' view of how people determine their long term expectations of the future. Conclude with a thorough discussion of how you would prescribe macroeconomic policy in accordance with each of these two ways in which people are hypothesized to base their expectations of future events.
Suppose we have an economy in which G = 100, t = 0.26, Y = 3800, and YN = 4000. Then t rises to 0.28 as the same time as G rises to 150. The overall impact of this resettling of the fiscal variables is ________ because ________.
in an excel table show the values for the capital current and financial accounts. include a net or total amount.create
Define and explain the relationship between total revenue, average revenue, and marginal revenue for a monopolist. What is monopoly profit Should a monopolist produce quantities of product greater than which would maximize profiits
health administration question answer each of the questions below note that eachquestionis of equal weight and that
When companies expand into the international arena, they do so either because their home market has matured or because they see real opportunities in the foreign market. Discuss which kinds of international strategies are most appropriate for compani..
over the past 12 months the four winds novelty company firm has recorded its internet sales equals monthly output
When looking at our economy, you will find that the government requires getting involved to make markets be able to operate. Why do you think markets could actually fail?
develop a list of on-line and text based resources you might use to gather historical economic data as well as economic
how do changes in the business environment cause changes in supply and demand? cite and explain at least two examples
First present a brief definition of macroeconomics and also briefly explain how it differs from microeconomics. Next, define the concept of an economic model and also differentiate between an exogenous variable as opposed to an endogenous variable in..
one of the measures used in studying health and obesity is the body mass index bmi. a bmi measure between 20 and 25
describe two industry average ratios and explain how a companys management might use the information. what factors
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