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Identify the normative policy school (Keynesian, New Classical, Supply Side, Monetarist, or Mainstream) which most closely represents your own normative policy views.(let's favor Keynesian policy) Defend your position and offer at least one counterargument against the alternative schools(any). Be careful to identify the positive reasons for your normative position.
Examine the characteristics that make any transaction possible and justify the importance of each of characteristics.
Elucidate what term do economists utilize to describe this second outcome
Which combination of fiscal policy actions would most contractionary for an economy experiencing severe demand-pull inflation.
The poverty rate would be substantially lower if the market value of in-kind transfers were added to family income. The largest in-kind transfer is Medicaid, the government health program for the poor. Let's say the program costs $7,000 per recipi..
Examine whether the raise would have a huge impact on hours worked. you have the resultsof studies conducted for three other companies.
Earlier this year the Federal Government USA approved the merger between Sirius and XM satellite radio companies. What, if any, shortcomings arise from a monopoly pricing strategy (efficiency and consumer surplus)?
Explain why does the US steel industry want a tariff on imported steel. Show the US steel market with and without a tariff, showing graphically why they will like a tariff.
Explain how does the money multiplier differ when currency holdings are zero, compared to when currency holdings are greater than zero.
What is the saving function? What is the marginal propensity to save and what is the aggregate expenditure function? What is autonomous expenditure? What is the marginal propensity to withdraw?
Illustrate are some of the clever strategies that landlords might use to create a black market.
Elucidate the trend over the past few years. What stage of the Business Cycle would the U.S. economy be in currently given the trends
Determine the main differences in microeconomics and macroeconomics? Give an example of a microeconomic and macroeconomic phenomenon.
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