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Keynes, Friedman, and Samuelson's Contribution to Economics
Describe John Maynard Keynes' contribution to the theories of Macroeconomics. Why was he such an important economist? Discuss the theories of two other 20th century economists who made a significant contribution to the study of economics.
Illustrate what has occurred to change the demand for, or the supply of, the good or service, and market prices of those products or services.
Explain how might federal deficits crowd out private domestic investment. How does this crowding out affect future living standards.
A firm in an oligopolistic company has the following demand and total cost equations Maximum quantity at which profit will be at least $850.
Illustrate what is nominal GDP. Illustrate what is real GDP included in each.
Draw a graph of the Batman family's supply of loanable funds curve fro 1999. Show the influence of this change on the Batman's supply of loanable funds curve.
Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."
Explain how has technology impacted the globalization process. Is this positive or negative in the short run? What about in the long run.
Compute the cross elasticity of demand among kingston's product and the rival product.
Use the price-cost formula to determine whether or not the firm's operations are productively-efficient. (e) Use the price-cost formula to determine whether or not the firm's operations are allocatively efficient.
Elucidate what the article is about in general which is followed by a paragraph or two explaining how elasticity is implied.
Give a full explanation for your answers, and using a country of your choice for illustration, describe which firms are likely to gain and which firms are likely to lose from:
Is innovation increasing or decreasing. Is the productivity of workers increasing or decreasing. Ellucidate what rewards exist for a company to be first with an innovation.
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