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PART 1: The following passage is from Keynes' letter to President Roosevelt. Take the statement and reword it in your own words. (Make it as easy to understand as possible.) Each statement should be no more than 20 words. "It is a most misleading thing to stress the quantity of money, which is only a limiting factor, rather than the volume of expenditure, which is the operative factor." PART 2: Find a recent newspaper editorial on monetary policy, interest rates, or macroeconomics and give the title of the article, date, source and columnist name if applicable. Then do the following:
a. Summarize the article in 50 words or less.
b. Take a statement in the article that you consider a positive statement. Reword in if, then form. The statement should be no more than 15 words.
c. Find one normative statement in the article OR tell what you think are the normative implications of the article.
d. Do you think it takes an activist stance or nonactivist stance? You may justify your response either by quoting one or several statements directly from the article (Put in quotation marks.) OR by writing a short paragraph (50 word-limit) justifying your response.
How do you think each of the following affected the world price of oil? (Use demand and supply analysis.)
Calculate the yearly approximate interest cost of not taking a discount using the following scenarios. What conclusion can be drawn from the calculations?
Show that the government can achieve the social optimum by setting the correct tax prices a, b, and c. What prices should it set?
Assume that Microsoft is considering a merger. The possible merger faces some threats and that the industry desides on self-expansion as an alternative strategy, describe the additional complexities that would arise under this new scenario of expa..
Draw a bowed-out production possibilities curve (PPC or PPF) with an aggregate measure of medical services, Q, on the horizontal axis and an aggregate measure of all other goods (and services), Z, on the vertical axis.
i need a tutor to help me with the assignment as soon as possible especially the short answer questions. thanks for
Coimpute how much the shortage or surplus is if there is any.
Suppose that a competitive industry is in long Run competitive equilibrium. Then the price of substitute good (in consumption) decreases. What will happen to the short run to
California Electric has a cost of equity capital of 16%. The company has consistently been authorized a return on equity capital below this expenses.
This post denotes a practice question for the Sherman Act.
What are the costs of inflation? Which of three costs do you think are most important for the U.S. economy?
What are some of the reasons why there is such a significant decline in growth rate and define and explain how these three key economic indicators are calculated.
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