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Address the questions below.
What evidence have you discovered that points to the Classical, Keynesian, and Monetarist theories being debated today?
What is supply-side economics? Does it oppose the Classical, Keynesian, or Monetarist theory? How does supply-side economics affect fiscal policy?
What are the stakes in terms of economic growth and per capita income in the United States?
Analyze the impact of economic growth and per capita income measurements. For example, how much difference would every 1% of faster growth make over five years, or every 1% of unemployment?
Discuss differences in the types of incentives that economists propose for increasing economic growth.
Do policy makers believe these can be applied to strategies for stimulating the employment? Why or why not?
An individual consumes a positive amount of good X and good Y. As a result of an excise tax on good Y, its price doubles. At her new equilibrium, the individual consumes the same amount of good X as before.
Distinguish between a balance-of-payments surplus and a balance-of-payments deficit in terms of payments of official reserves.
q1. illustrate what is a random walk? explain how is halls random-walk model of consumption related to the life-cycle
Illustrate what is the probability the driving distance for one of these golfers is less than 290 yards. What is the probability the driving distance for one of these golfers is at least 300 yards.
Illustrate what could be related goods to health care. Illustrate what are the inter-relationship between these goods.
Assume the annual demand for liquor in Mississippi. The supply of liquor is given by the equation Qs= 30,000P. Solve for the equilibrium annual quantity and price of liquor.
How many tickets to sell to maximize total welfare.
Elucidate what impact will this change have on the price level, output, and employment in the short run in the United States.
Analyze a two-period model for the market of computers in which two firms operate. Firm 1 only produces in period 1 and is endowed with an old technology providing a quality level vO to consumers. Firm 2 is a potential entrant in period 2 and it is a..
Final Finishing is considering three mutually exclusive alternatives for a new polisher. Each alternative has an expected life of 10 years and no salvage value. Polisher 1 requires an initial investment of $20,000 and provides annual benefits of $4,4..
Elucidate how you arrived at your answer and be sure to show all your calculations. Explain how many units of output will the firm produce at a price of $100 per unit
How much will a $34,000-per-year college cost 15 years from now if inflation is at an annual rate of 6.5%?
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