How does a temporary decrease in producer confidence differ from a permanent decrease in producer confidence according to the Real Business Cycle and Keynesian models?
How does a temporary decrease in producer confidence differ from a permanent decrease in producer confidence...
1.How does Keynes differ in his view on Say’s Law from the classical economists? 2.What is the difference between an open economy and a closed economy? 3.True or False Consumption is the smallest part of TE. 4.Our economy is at a decrease of $400 billion dollars from our natural real GDP. What is the state of the economy? What does Keynesian economist believe should be done? The government increases its spending $70 billion dollars. At the same time, consumption decreases...
Question 2 According to the permanent income hypothesis, how will the paths of borrowing and consumption change in response to: (a) A temporary decrease in income when it occurs. (3 points) (b) A permanent decrease in income when it occurs. (3 points) (c) Are the answers different if the changes in income are unanticipated, i.e. if they are 'news'? Comment on the size of the marginal propensity to consume and the size of the multiplier. (3 points)
Describe a general life cycle of an aquatic acanthocephalan…how does it differ from that of a trematode?
1. How do Classical economists and Keynesian economists differ in their perceptions of how well markets and prices function? 2. List and briefly explain the three market arenas. 3. Which are the four components of the macroeconomy? Explain the interaction between these components through a circular flow diagram. 4. Draw a graph of a business cycle. Label and explain the phases of a business cycle. 5. Define the following concepts: a) Sticky Prices b) Expansion and contraction c) Inflation, Deflation...
How does the business buying process differ from the consumer buyer process?
Describe how does predictive analytics differ from data mining and business intelligence? How are they related? Use examples to reinforce your answer.
What is an “emerging market?” How does it differ from a “developing country?” Discuss the differences and indicate how this impacts doing business in either an emerging market or a developing country.
Question five: a) What are meant with permanent and transitory fluctuations according to random walk of GDP theory? b) One of the issues debated in real business cycle theory is the disturbance that hit the economy. Explain what is meant with this disturbance.? c) Compare between proposition by perfect foresight model and Lucas model regarding how Monetary Policy can effect output in the short and long run. ?
how does simvastatin differ from gemfibrozil
How does harmonization differ from convergence?