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J. R. Hicks, in the 1937 article in which he proposed the IS-LM analysis, argued that Keynes's General Theory did not represent a major break with the classical tradition.In particular, he maintained that the main insight it contained was into the conditions existing during a depression or a deep recession. Was this claim valid?
Have Keynesians contributed anything further since Keynes's General Theory? Does the above claim apply to the various Keynesian models?
Does the modern classical approach provide an adequate analysis of the economic conditions in recessions and depressions, or does the profession still need the Keynesian approaches for its analysis?
Imagine that your Learning Team is a group of international reporters. You have been tasked with describing and critiquing the current state of the U.S. economy.
what is meant by producer price index ppi? how has ppi behaved since year 2000? what have been the causes of these
For example the Mexico's oportunidades program where large cash transfers were given to poor mothers conditional on preventive health care and child school enrollment. What is it at play here - behavioural economics or neoclassical
Why do some economists claim that we should not worry too much about inflation at this level - What are the other costs be to consider if the inflation rate unexpectedly turns out to be higher than 7% - How does your deposit change the Bank's T-acc..
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Calculate the velocity of money in 2007 and 2014 - Suppose the velocity of money remained constant between 2007 and 2014 and that real GDP in 2014 was equal to its actual value. What would be the value of the GDP deflator?
Compare and contrast how the marketing and economic approaches deal with this problem. 2 pages,Due 6pm EST. on August 09 2012.
What is the total cost of producing q units of honey for an individual honey producer and what is the average cost of producing q units of honey per month for an individual producer?
What is the bond coupon rate on a $25,000 mortgage bond that has semiannual interest payments of $ 1250 and a 20-year maturity date?
A major employer has just added health insurance coverage for its employees. Consequently, 5,000 of your patients will pay a $30 copayment rather than the list price of $100 per visit. These patients average 2.2 visits per year.
1. a profit maximizing firm in perfect competition produces no dead weight loss but a profit maximizing firm in a
what is the difference between net income and operating cash flow? what is the difference between the primary and the
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