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Topics in Applied Macroeconomics
Question:
Write an essay of about 3,000 words using the approaches developed in the module to appraise the fiscal strategy of the Conservative-Liberal Democrat coalition government. You must reference your work carefully and include a bibliography. Your essay must show that you have referred to the Treasury website as well as at least one other website independent of government, such as the Institute for Fiscal Studies or the National Institute for Economic and Social Research, or the Economist or the FT, or something of a similar level of quality.
What were some of causes of stagflation of 1973 and 1979? In what ways were these episodes of stagflation different from great depression of the 1930s?
How would such a subsidy affect a firm’s marginal cost curve? Explain.
Briefly explain how each of the following changes the money supply.a. the central bank buys bonds b. the central bank raises the discount rate
Elucidate whether current economic conditions are more consistent with the Keynesian or classical economic theories.
Why do we have laws that prohibit discrimination in pay based on gender or race but permit employers to discriminate in pay based on education or experience?.
Explain how the marginal principle and the pollution tax work together to determine the optimal amount of pollution abatement.
Assume that, over time, engineers develop new residential furnaces that can run on different tpes of fuels, e.g., natural gas, electricity, propane, and fuel oil, simply by flipping a switch on the furnace.
Given an increase in spending of $1,000, and a Marginal Propensity to Consume of 80%, what would be the total increase in the GDP what would the Multiplier be?
There are two types of consumers of potatoes: 10 are rich and 50 are poor.Interpret the differences between the demand of the rich and the demand of the poor.
The questions asked if a paper mill manufactures $1 million worth of paper this year but adds considerably to the pollutants in a nearby river, are the social expenses arising from this pollution reflected in the gross domestic product?
Why is capital relative scarce in low-income developing countries and relatively abundant in high income countries? In brief describe the capital market institutions in a developing country that you are familiar with.
paranoia the largest country in central antarctica receives word of an imminent penguin attack. the news causes
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