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Select one of the following schools of economic thought: Keynesian, Chicago, and Austrian. Identify three keys points or beliefs that are held by that particular school. What are the macroeconomic policy implications of those beliefs? Explain your answer. Which school of economic thought do you find to be most convincing? Why?
Which of the following was not a cause of the U.S. budget deficits in the 1980s? Which of the following does not qualify as an automatic stabilizer? Income taxes affect aggregate demand. Which of the following constitutes a direct tax?
Microsoft emerges to have a monopoly with over 90% of the personal Calculator operating market. Why then would it not be charging a monopoly cost.
Suppose you owe $1400 on your credit card. The APR is 12%, compounded monthly. The credit card company says your minimum monthly payment is $20.84.
The actual labor costs is 1/4 more than the budgeted labor costs, and the actual profit is 1/6 less than the budgeted profit. So, under management by exception, which costs deserve further explanation?
Discussion on game theory concept, basic application for planning also how game theory is used to model behavior; types of games and how they are played.
i am really having trouble correcting my homework assignment and really need finding the correct answers. can you
Suppose a firm's inverse demand curve find the firm's optimal quantity, price also profit by using the profit also marginal profit equations.
Barney's Liquids and Aunt Bee's Lemonade plan to expand their international partnership for the marketing and distribution of ready-to-drink tea products by adding 11 countries to their current markets. If the agreement is reached, operations are exp..
Which nation has comparative advantage in wheat production? In cotton production. Which nation has absolute advantage in wheat production.
Explain four macroeconomics objective from conventional perspective
q.address the following questions1. what is the elasticity of the demand for cookbooks bought this way?2. is the
Explain briefly why deflation leads to mortgage defaults.
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