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Thinking back to the business cycle discussion, how would Keynesian economists explain the performance of the economy during the last few years? Show graphically using the AD/AS model, and explain your reasoning.
Next, how would neoclassical economists explain the performance of the economy during the last few years? Show graphically using the AD/AS model, and explain your reasoning.
Which interpretation makes the most sense to you? Why?
Describe the difference between the purchase of capital and the rental price of capital. If you know the value of marginal product from the flow of capital services, how would you determine the market price for the capital stock
What is the difference between a shift in the demand curve, and a movment along the demand curve?
Draw an Edgeworth box depicting the feasible allocations of state 1 consumption of m and state 2 consumption.- Identify the ex ante Pareto efficient allocations 1.
What is the growth rate of real GDP - what is the change in the real rate of interest and nominal rate of interest?
Summarize the process of addressing prohibited content/activity, and explain privacy, licensing, and policy concepts. Describe proper communication techniques and professionalism when working with users.
c) Summarize your findings in a short paragraph d) Test the null hypothesis that there is no association between gender and lying to teachers. Give the test statistic, the P-value and summarize your conclusion. Be sure to include numerical and gra..
An example of positive analysis is studying.whether equilibrium outcomes are socially desirable.
The Yankees have determined that there are 3-groups of purchaser for their tickets. They have determined that the price elasticity of demand for group one is -1.02,
How have these aggregates been growing in the past year compared with the value if you can, download the data from the internet , or enter them by hand into a spreadsheet, and see if you can plot the data to compare.
Draw up a payoff matrix to illustrate your strategy and what are the likely implications of this for consumers
In approximately 1500 words answer the following question examine the proposition that there exists a correlation between the amount of gross fixed capital formulation and the rate of economic growth , explain the significance of your result (Please ..
How might the interest of national government bond holders, slave owners, or merchants be affected by a stronger national government?
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