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Choose #1, #2 or #3 ( chose only one of the 3 questions) and write a brief ( 500 - 1000 words) #1 - Which economic theory seems more accurate to you? Classical or Keynesian theory? In your explanation, describe the key assumptions of the theory you choose and explain why you think those assumptions are reasonable to make. In your answer, include research or example to justify your explanations. #2- Is the US trade deficit a problem? Are there any problems associated with using the sale of financial assets to pay for imports? are there benefits to running a trade deficit if it means greater investment spending? Are there any other benefits to our trade deficit? Should we use trade barriers to try and reduce the trade deficit? How would such a plan work and what are the benefits and costs to such a plan ? Explain your answer. #3 - Should we use discretionary monetary policy to try and stabilize the economy? Do we need any stabilization policy at all? Do we risk too much inflation by having the Fed try and keep the economy at full employment? Is the Fed board of governors too powerful or unaccountable? Should we consider using a rule to guide monetary policy rather than decisions of the board of governors? Are there any other ways we can improve the way the Fed conduct monetary policy? Explain your answers.
. Assume the annual interest rate at 8% per year and the investments and withdrawals of funds are made at the end of each year. How much money you will need in this account right after your last deposit How much do u have to invest each year to rea..
Before 1995, the United States imposed tariffs on goods imported from Mexico. In 1995, Mexico joined NAFTA. U.S. tariffs on imports from Mexico and Mexican tariffs on imports from the United States are gradually being removed.
1. Describe Senator Reid's delivery style 2. What type of presentation is Senator Reid giving Is this the most effective style of presentation for this situation Why or why not
as an economist for abc plastics your boss has asked you to respond to some questions she has regarding the companys
Analyze the current market conditions of the Home Depot. Include the history of the Home Depot, the market in which it operates role of government regulations of firm and any issues that the Home Depot faces.
at the fishing hole people come from all around to catch fish to sell at the fish market. the total number of fish
environmental economics or microeconomics1.describe why alternative efficient allocations may have different total
Suppose the hourly wage is $10 and the price of each unit of capital is $25. The price of output is constant at $50 per unit. The production function is f(E,K)=E^1/2 K^1/4. How much labor and capital should the firm employ in the long run? How..
WHAT IS THE CURRENT AVERAGE NATIONAL INCOME? WHAT IS THE CURRENT UNEMPLOYMENT RATE? WHAT IS THE CURRENT INFLATION RATE?
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Suppose that the total benefit and total cost from an activity are, respectively, given by the following equations: B(Q) = 150 + 28Q – 5Q2 and C(Q) = 100 + 8Q. (Note: MB(Q) = 28 – 10Q and MC(Q) = 8.)
Which of the following is not a variable in the index of leading indicators?
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