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What are the outstanding faults of the economic system according to Keynes? What is the social philosophy implied by the General Theory? What gave The General Theory a revolutionary quality, and how was it (mis)interpreted, according to Hyman Minksy? How does Minsky's approach differ from orthodox Keynesianism?
Before the war, Iraq had the capacity to produce a certain amount of oil from its oil wells. After the war, it found that capacity greatly diminished because the oil wells were on fire. Draw Iraq’s PPF before and after the war, assuming that the only..
Discuss the different ways that the Federal Reserve measures money. How reliable do you think these measurements might be?
You’ve just decided to add a new line to your manufacturing plant. Compute the expected loss/profit from the line addition if you estimate the following: There is a 70% chance that profits will increase by $100,000. There is a 20% chance that profits..
How well do the monetary policies enacted by the Fed regulate the national economy? Which of the monetary policy tools -- Open Market Operations, Discount Policy and Reserve Requirements -- seems to be most effective?
Jim Bradley is the director of the Bradley bakery. He has collected data on his store for the past year.
q.mcdonalds add a new tastes and products to menu boardsrecently mc donalds announced the launch of its new tastes menu
Under which market structure would you classify the airline industry? Given this structure, why is it that there is little price competition between carriers on the same route? Why is there not more price competition? If they do not choose to compete..
A monopolist has two sets of consumers. The demand for one set can be described by Q1 = 5 ? p. For the other set, the demand is Q2 = 10 ? p. The monopolist faces constant marginal cost of 2. Derive the monopolist’s total demand if the two markets are..
An investor has utility for money given by U(m) = . He has three investment opportunities: I1 pays $100 with certainty, I2 pays $120 and $80 with equal probability and I3 pays $150 and $30 with equal probability. Which one should he choose? Would you..
What would be the present value for a series of 10 monthly payments, starting at $500 in the first month increasing by $50 every month with an interest rate of 5% compounded monthly?
Based on topic of Global Markets, please post your comments on any one of the two questions. More and more companies are looking beyond the domestic market. Identify and briefly describe some of the forces that have resulted in increased global integ..
What is the different about the pathos and purpose of the Thoreau and King readings from the pathos and purpose of the Kennedy, Jefferson, and Lincoln readings?
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