Evolution of fiscal policy

Assignment Help Macroeconomics
Reference no: EM1373832

Determine what did classical economists suppose about flexibility of values, wages, and interest rates? What did this assumption imply about the self-correcting tendencies in an economy in recession? What disagreements did Keynes have with classical economists?

Reference no: EM1373832

Questions Cloud

Real contribution to the local economy : Assume the construction of the $360M stadium is to be financed entirely with debt to be repaid over twenty years. The repayment burden is negilible in short run.
Optional strategies to tackle a foreign market : Determine the pros and cons of optional strategies to tackle a foreign market, such as acquisition of a local company, direct investment in production
Major economic facts for the retail trade unions : Some states have had laws limiting the sale of most goods on Sunday. Most customers oppose these laws because they discover Sunday afternoon a good time to shop,
Determine the individual marginal tax rate : An individual's taxable income increase from $20,000 to $30,000 a year, and taxes paid amount increase from $5,000 to $8,500. Determine the individual's marginal tax rate is:
Evolution of fiscal policy : Determine what did classical economists suppose about flexibility of values, wages, and interest rates and what disagreements did Keynes have with classical economists?
Knowledge of marginal revenue product : The only legal employer of military soldiers in United States is the federal government. If the government uses its knowledge of its monopolistic position, what criteria will it employ when estimating how many soldiers to recruit?
Microeconomic and macroeconomic phenomenon : Determine the main differences in microeconomics and macroeconomics? Give an example of a microeconomic and macroeconomic phenomenon.
Compute the natural rate of unemployment : Suppose if the economy currently has a frictional unemployment rate of 2%, structural unemployment of 2%, seasonal unemployment of 0.5%, and cyclical unemployment of 2%, determine the natural rate of unemployment?
Compute the natural rate of unemployment : Suppose if the economy currently has a frictional unemployment rate of 2%, structural unemployment of 2%, seasonal unemployment of 0.5%, and cyclical unemployment of 2%, determine the natural rate of unemployment?

Reviews

Write a Review

Macroeconomics Questions & Answers

  There is no constitutional needs which individual states

There is no Constitutional needs which individual states must accept monies offered by federal government to support requires affecting their citizens.

  Choice of incumbent firm-behaviour of firms

Describe a long-term contract shoeing all necessary steps that the current supplier can offer the buyer that will be attractive to the buyer and will also strengthen the incumbent's monopoly power.

  Calculate the growth rate forecast

The United States Bureau of Census publishes employment statistics and demand forecasts for many occupations.

  Compute the price elasticity of demand

Compute the price elasticity of demand.

  Illustrate the maxmium so and so would pay for insurance

Illustrate the maxmium so and so would pay for insurance.

  Demand and supply analysis from the given data

Plot both together on a supply-demand graph. Calculate the equilibrium P and Q, and show them on your graph as well. Also calculate CS (consumer surplus) at the equilibrium.

  Explain how have these policies affected

Explain how have these policies affected the employment rates for your chosen industry? How have these policies affected the growth of the industry.

  Illustrate what does this say about the likelihood

Illustrate what does this say about the likelihood of our running out of resources.

  Explain how a firm should produce its output not how much

The capital-labor ratio of a cost minimizing firm in the long run indicates explain how a firm should produce its output, not how much output it should produce.

  Contrast the monopolist and the monopolistic firm

Compare and contrast the monopolist and the monopolistic firm Monopolistic competition is an inefficient form of organisation. Discuss

  Question about online bill payment

The Wall Street Journal reported that businesses are aggressively pushing customers to pay their bills electronically. Numerous banks dropped their monthly fee for online bill paying,

  If deltas managers needs to follow constant payout ratio

If Deltas managers needs to follow a constant payout ratio dividend policy

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd