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Given your experience living through the financial crisis of the fall of 2008 and your knowledge on the Great Depression, is it the government's role to stabilize the economy, or can the economy stabilize itself? You will need to compare and contrast the Keynesian and Classical views on the economy's ability to stabilize it.
Suppose that consumer price index at year-end 2011 was 150 and by tear-end 2012 had risen to 160. What will be the inflation rate during 2012?
In Plato’s virtuous state composed of virtuous citizens, he argues that it must allow for _____ & thus is neither elitist nor totalitarian (i.e., dictatorial). Virtue ethical theories are teleological because they are based on natural ___________.
Phillip, the proprietor of a vineyard, estimates that the first 9700 bottles of wine produced this season will fetch a profit of $4 per bottle. However, the profit from each bottle beyond 9700 drops by $0.0003 for each additional bottle sold. Assumin..
Please respond to the following: From the e- Activity, propose a methodology for assessing the risk in business contracts. Assess the economic impact this methodology may have for the organization.
The government often intervenes when private markets fail to provide an optimal level of certain goods and services. For example, the government imposes an excise tax on gasoline to account for the negative externality that drivers impose on one anot..
Describe and derive an expression for the marginal cost curve and describe and estimate the incremental costs of the extra 200 pairs per week (from 1,000 pairs to 1,200 pairs of shoes).
There are two firms A and B located in different regions that produce an identical good at zero cost. Each region is inhabited by a single buyer interested in purchasing at most one unit of the good. The RP of each buyer for one unit of the good is $..
Negative externalities such as water or air pollution lead to an inefficient allocation of resources. Explain why. Use a carefully constructed diagram to aid in your explanation. Such externalities have been dealt with mostly through command and cont..
Rita borrows $5,000 from her parents. She repays them $6,000. What is the interest rate if she pays the $6,000 at the end of year 2? At the end of year 5? Draw a cash flow diagram. Show all steps.
illustrate what type of unemployment will then occur. What is the natural rate of unemployment.
How can queuing promote equity?
Although successfully positioning a new product in a well-established market may seem difficult, Method Products shows that it is not impossible (Kotler & Keller, 2012). Keeping in mind the international legal environment, find an article using the o..
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