A). Keynesians believe in a more managed economy, does this mean they don’t believe in capitalism? Answer:
B)If an economy is consuming $19.5 trillion out of its $21.5 trillion, then what is this economy’s MPS? Answer:
Answer to first question is provided :
A) Keynesians believe that during recession an expansionary fiscal policy is necessary to bail the economy out of the crisis . Some wages and prices are rigid and do not adjust automatically . Keynesians believe in government intervention , borrowing and fiscal policies and also existance of unemployment at equilibrium . Keynesians say that an economy might not achieve equilibrium or potential GDP on its own . This is external management of economy by the government . But this does not mean they advocate command economy . They believe in capitalism to run the economic forces of demand and supply .
A). Keynesians believe in a more managed economy, does this mean they don’t believe in capitalism?...
7. If an economy is consuming $19.5 trillion out of its $21.5 trillion, then what is this economy’s MPS?
A)Explain which philosophy is supply-sided, and which one is demand-sided. Answer: B)If an economy is consuming $19.5 trillion out of its $21.5 trillion, then what is this economy’s MPS? Answer:
Please answer with 250-375 words! Don’t mind the first
question. Thank you!
Do you believe you are consuming enough fiber each day? Suggest a few ways that you could reduce your intake of refined sugars each day and replace these with more fiber in your daily eating plan. What will be the benefits of making these changes?
1. Economists believe in the “Long-run neutrality of money”; what does that mean? If monetary policies help in the short run but do not help in the long run, should we not bother with those policies? What does this tell you about the current monetary policies of the Fed? 2. Application 3 in Chapter 15 (page 324) suggests increased health care expenditures will crowd out other expenditures. What component of GDP do you think will suffer? Using that same argument,...
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What does it mean to say that a good is “nonrival”? a. It suffers from congestion b. It doesn’t face any competition c. It has a non-zero price d. It can be consumed by more than one person at a time e. Owners can exclude others from consuming it or enjoying its benefits
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Some people believe that solidarity lending is an important building block of microfinance. a) What does it mean by “solidarity lending” in microfinance? (3 marks) b) “The practice of “solidarity lending” may contribute to a lower default rate for loans” Discuss with not more than 120 words whether you agree it or not. (6 marks) c) Discuss with not more than 120 words that why it may be difficult to develop and extend solidarity lending to some economies. (6 marks)
This question has more than one answer. You must select ALL the answers you believe are correct. What does "explicit instruction" consist of? A. systematic B. teacher-directed C. phonics D. whole language