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Classical and Keynesian view of the economy Federal Reserve
1. Delineate the differences between Classical and Keynesian views of the economy. Describe the circumstances that led to the development and dissemination of the Keynesian economic theories. Evaluate each system from a modern perspective with special attention to the strengths and weaknesses inherent in each system to influence macroeconomic factors in the current economic environment. Bring the expansion of societal responsibilities and the globalization of markets into the discussion.
2. Describe the functions of money in our society. How does the money supply influence the macroeconomic goals of price stability, full employment, and economic growth? Describe the major tools the Federal Reserve System uses to influence the money supply.
3. What possibilities exist when government increases its level of spending? Describe the role and effectiveness of monetary and fiscal policy in the achievement of these goals. Include a discussion of the monetary base and the concept of the multiplier in your essay.
4. Describe the evolution and responsibilities of the Federal Reserve System. What circumstances promulgated both the development and composition of the system?
Approx the marketplace demand curve and figure the existing Price elasticity of demand
Explain when an economy ever pursue a contractionary fiscal policy.
What happens to his consumption of Y? Calculate the coefficient of price elasticity and of cross price elasticity. Also draw the demand curves for X and Y, noting the equilibrium points for this consumer before and after the price change in X.
Elucidate in detail the Federal Reserve's Interest Rate Policy and Economic Recovery.
Utilize a various example from homes and cars. Be creative. We make these kinds of choices everyday.
state history of the airline industry, plus an industry overview, and a SWOTT analysis of the airline industry. Please include references.
Elucidate what is the residual demand elasticity facing one firm at the competitive equilibrium.
Sketch Sally's indifference curves and explain her consumption choices in term of marginal utility.
Assume that a chair manufacturer is producing in the short run (with its existing plant and equipment). The manufacturer has observed following levels of production corresponding to different numbers of workers:
Suppose DJIA records the changes in prices of 4 stocks. Suppose initially the prices of these stocks are $40. $20, $60. and $80. What is the DJIA.
What types of inefficiencies and/or externalities arise in each renewable resource case that interferes with sustainable and efficient management results?
Wednesday the price changed to 1.8275. Compute your profit-loss in USD on Tuesday and Wednesday.
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