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Q1. Compare and contrast the way Classical and Keynesian theory determine the Demand for Money and how it is related to the Money Supply. As a part of your comparison, indicate which of these theories developed the concept of a Liquidity Trap and what this does to the Demand for Money as part of that theory.
Q2. Explain the ways in which Fiscal Policy and Monetary Policy interact by using Keynesian IS and LM curves. Discuss the impact of an expansionary Fiscal Policy and Monetary Policy on the overall level of economic activity. Include the conditions in which Monetary Policy would have a greater influence on GDP growth and the conditions in which Fiscal Policy would have a greater influence on GDP growth.
Q3. Name and discuss the major types of financial intermediaries in the U.S. and illustrate the differences in the way assets and liabilities are recorded on their balance sheets. Describe the major differences between depository and no depository intermediaries, which institutions have recently handled the majority of financial transactions and the major factors that have caused this shift over the past several decades.
Q4. Discuss the role of the FOMC and the three major policies it implements to help regulate banks. Briefly describe the equation used to measure bank reserves and the definition of the federal funds rate and their role as operating targets of the Federal Reserve as part of the FOMC directive.
Air transport for businesspeople and tourists
The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
A concrete and building materials company is trying to bring the company funded portion of its employee retirement fund into compliance with HB-301.
Clarke's workers are highly skilled artisans with a great deal of job mobility. What impact would the wage increase have upon the firm's employment.
Depict the von Neumann-Morgenstern utility index u in a diagram
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Explain what occurs when a new technology makes another one obsolete in terms of economic profit.
The vertical long run AS curve compatible with classical economics implies that AD only determines the price level
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are $100.
Define Mercantilism, Pick a country and talk about the products they import and export with the U.S.A. Also talk about the composition of trade with relation of abundance of the two countries
Dependency theory characterizes countries as being either in the center or on the periphery
In an effort to provide tax relief for households while still balancing the budget, Congress votes to raise business taxes and decrease personal taxes.
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