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Research and analyze the Great Depression, and answer the following questions in a paper:
What were the root causes/events that led to the Great Depression?
What was the role of Keynesian economics in fighting the depression and was it effective? Why or why not? 3 points
Are the conditions of the late 1920's similar to those of recent years?
Could a depression happen again? Why or why not?
the theory of market failure prescribes government intervention in the form of a tax on producers when negative
Demand for a good is given by Qd=500-30P1+20P2+5Y and P1=2, P2=2 and Y=100. Calculate the quantity demanded. Is this a normal good? is good 2 a substitute or complement? Now P1 changes to 3, P2 and Y unchanged.
Create and explain a production possibilities frontier for an economy that produces milk and cookies. Determine what happens to this frontier if disease kills half of the economy's cow population?
Identify the type of merger activity in industry or one with which you are familiar-horizontal, vertical, or conglomerate-and explain why you made that choice.
if health care spending is already on the flat-of-the-curve it may not be possible to buy improved health status by
In a meeting about whether to store inventory in a company-owned warehouse or rent a warehouse, a colleague says, "We should use our own warehouse and save the cost of renting one." Do you agree or disagree? Explain
What is the shutdown point? Give an example. How is the short-run defined in the production process? Please provide references if applicable.
Describe why a monetary policy is impotent in achieving macroeconomic goals under the fixed exchange rate system. Begin your discussion with the assumption that the economy is at equilibrium in the balance of payments (external balance), however at l..
During each FOMC meeting policymakers discuss the current state of economic affairs in each of the 12 regional districts that make up the US. In fact, the Presidents of all the regional Federal Reserve Banks attend all FOMC meetings and discuss the c..
question 1 a firm that emerges as the only seller in an industry with economies of scale is ananswer monopoly
describe why marginal analysis must be used in decision making with examples. Also, give examples of poor decision-making when sunk costs were used to justify choices, and discuss how legal and ethical issues may play a role in making decisions.
Survey the monetary policies adopted by the Federal Reserve Board since the countries financial crisis erupted in 2008. How will these policy steps affect the nation's employment, inflation, real interest rate and real exchange rate over the long ..
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