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Q. 3. (Evolution of Fiscal Policy) Illustrate what did classical economists assume about flexibility of prices, wages and interest rates? Illustrate what did this assumption imply about self-correcting tendencies in an economy in recession? Illustrate what disagreements did Keynes have with classical economists?
Show the balance sheets of Swede world only commercial bank after the initial deposits
Elucidate the opportunity costs for the manager of being in this business relative to returning to his old job. what is the economic profit of the business.
Which characteristic of competitive markets permits society to answer the illustrate what to create question efficiently.
Price ceiling is the law that sets a maximum price below the equilibrium market price, but a price floor is the law that sets a maximum price above the market equilibrium price.
Elucidate what happens to the price of oranges and the marginal product of orange pickers as a result of the freeze. Can you say what happens to the demand for orange pickers.
Following the war, the government of Country A would like to impose tax RMx on cars. Ilustrate and explain with graph for the car market due to the taxes. In your opinion, who will bear more of the taxes imposed-suppliers or consumers.
Illustrate what would you expect to happen to the company's total revenue if the shoe prices were increased. What if the company lowers the price.
Assume the value of equilibrium real GDP is $800 billion dollars. Assume the government increased spending by $20 billion dollars to increase real GDP.
Explain which of the two classmates would you prefer as a partner. Would he also want you as a partner.
The economys business cycles are not well synchronized with any of the world's largest economies and policymakers.
Construct a model to conclude your allocation of study hours. Include as assumptions points you "gain" from an hour of study time in each subject and your desired outcome on each test.
Explain how are presidential election outcomes related to the performance of the economy. What are the major factors that have affected U.S. household consumption since the recession in 2001.
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