Liberal economics and conservative economics

Assignment Help Business Economics
Reference no: EM13852041

Short essays. Answer each question as completely as possible:

1. Distinguish between liberal economics and conservative economics. Why is macroeconomics an inherently political subject?

2. Summarize the problems that can be created by rapid inflation. How can inflation become self-perpetuating?

Reference no: EM13852041

Questions Cloud

Define the natural rate of unemployment : Define the “natural rate of unemployment” and show that its two equations are equivalent. What are its causes and what is its significance for public policy? Define “structural unemployment” and explain its causes. Use a labor market diagram to show ..
Summarize the explanations for long-term growth : Draw a simple circular flow diagram showing the flow of dollars, goods & services between households & firms. Explain why the dollar flow out of households and into businesses must be equal. Is the same true in the expanded circular flow? Explain. Su..
Provide a process model for your intended course of action : Provide a process model for your intended course of action. Note the theorists you borrow from, give reasons for your use of their work.
What economic factor drove your mnc to invest in the country : What national economic, regulatory or cultural factors drove your MNC to invest in the country - what theories that you have learnt in this course fit best with the pattern of investment of your
Liberal economics and conservative economics : Distinguish between liberal economics and conservative economics. Why is macroeconomics an inherently political subject? Summarize the problems that can be created by rapid inflation. How can inflation become self-perpetuating?
Government intervene in the economy : Why does the government intervene in the economy? Should they and what would the impact be if they did not?
Using motivation to improve performance : Write clearly and concisely about leadership and organizational behavior using proper writing mechanics.
Evaluate one of the strategies of the federal reserve : Explain the role of the Federal Reserve, who monitors it and is it effective in its job? Evaluate one of the strategies of the Federal Reserve.
Briefly give the context of the case : Cover page with title of your paper, your name, our class including section, date and other information you care to include. Introduction - briefly give the context of the case. If this is more than one page then it is too long. You do not need to r..

Reviews

Write a Review

Business Economics Questions & Answers

  Factors except shifts the aggregate demand curve

A change in any of the following factors except shifts the aggregate demand curve.

  Actors other than marginal revenue product probably

The president of the United States receives an annual salary of $400,000. Derek Jeter, shortstop for the New York Yankees, receives an annual salary of $23.2 million. If the president of the United States actually contributes more to society than Der..

  Discuss some of the reasons why individuals routinely

Discuss some of the reasons why individuals routinely over-estimate the time for project activities. How is this behavior detrimental to the schedule and project?

  Situations is the coase theorem

1. In which of the following situations is the Coase theorem likely to apply? Explain.

  What is the independent variable and intercept and slope

What is the independent variable? What is the dependent variable? What is the intercept? What is the slope? Which equation represents demand side? Which equation represents supply side? What are endogenous variables in this model? What are exogenous ..

  Financial institutions

Describe each of the following financial institutions. If it is a financial intermediary, describe what type of liabilities it issues and who holds these liabilities, as well as what kinds of assets it holds and who issued these assets. If it is not ..

  Illustrate whe price that consumers are willing

Illustrate the price that consumers are willing and able to pay for this output is $40 per unit. Produces this output, the firm's average total cost is $43 per unit, and its average fixed cost is $8 per unit.

  Calculate the net cash flows for the year

Calculate the net cash flows for the year 0 and the years 1 thru 6. What is the NPV of the project? What is the modified internal rate of return for this project?

  Expected chances of finding

You believe that there is an equally likely chance that this information will either double expected chances of finding a well, or inform you for certain that the area is not commercial.

  Elucidate how the changes in the monetary policy effectivene

elucidate how the changes in the monetary policy effectiveness lag and the interest-rate multiplier affects how much and how long monetary policymakiers must change interst rates in response to any given demand shock.

  Suppose that the current international price of wheat

Suppose that the current international price of wheat is $6 per bushel and that the United States is currently exporting 30 million bushels per year. If the United States suddenly became a closed economy with respect to wheat, would the domestic pric..

  Most likely to use this currency

Suppose instead that use of the Sonoma county buy local currency is completely voluntary. Who is the most likely to use this currency.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd