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Can you relate the Classical and/or Keynesian macroeconomic models to assumptions about economic behaviors and to economics policies being implemented in the U.S. economy today? Discuss this with your group members. Is there anything that you've learned studying these models that gives you a better understanding of why the Obama administration's economists requested Congress to approve the "stimulus package" in 2008? Is there anything that you've learned studying these models that gives you a better understanding of alternative proposals that have been set forth for economic growth (or criticisms of the current policies)?
Assume the money market for the economy of San Pedro is in equilibrium. a) Using a diagram, graphically illustrate equilibrium in the money market.
Many observers believe that the levels of pollutionin our society are too high. Economists argue that appropriate correctivetaxes or tradable pollution rights will resultin efficient pollution reduction. How dothese approaches target the firms that..
Price discrimination tends to be more common in the sale of services (e.g., discrimination by income for universities and by age for air transportation services) than in the sale of manufactured goods. Why do you think this is so?
what distinguishes public good from private goods what happens to total revenue given a price increase and demand is inelastic Why What is the difference b/w economic and accounting profit Why is a difference b/w them important
In a closed economy, marginal propensity to consume .6. If the economy opens up to world and marginal propensity to import is .4, using the Keynesian model of output determination;
Simultaneous changes in supply and demand affect equilibrium price and quantity in various ways, depending on the relative magnitudes of the changes in supply and demand. Equal increases in supply and demand, for example, leave equilibrium price u..
How does the strength of other economies outside of the U.S. affect your organization? Based on your research, recommend changes in your organization's competitive strategies or supply chain.
PL offers mail-order storage containers for china. The company is the low cost provider of these quilted boxes with fixed costs of $480000 a year, plus variable costs of $30 a box.
After Iraq invaded Kuwait, gasoline prices increase dramatically--up to 50 percent. There were many effectrs of the increased price of gasoline.
Which country is likely to receive the most benefit from this increase in investment. Explain your answer.
Topic:The drug "ice" is currently having a substantial economic and social impact in Australia. Outline the main problems caused, and suggest some measures to reduce the influence of this illicit drug in Australia.
Devaluation is often used by countries to improve their current accounts. How might devaluation affect national saving and domestic investment?
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