Question 25 Which of the following is not one of the classical policies? O Laissez- faire O small government engaging in a limited number of activities O balanced government budgets O protectionist trade policies
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Q: what is the spne?
A: The image attached below show red arrows as the best responses at each node:
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A: Backward induction is used by the Raider to pick takeover at the final decision node.
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A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new que...
Q: 18. Milton Friedman argued in Capitalism and Freedom that O Flexible Exchange Rates would lead to pe...
A: Friedman was a supporter of flexible exchange rate. In that book he argued that flexible exchange ra...
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A: To find : Positive and negative of globalization.
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A: PV=40,0001(1+0.13)1+43,0001(1+0.13)2+46,0001(1+0.13)3+49,0001(1+0.13)4+52,0001(1+0.13)5 =3539.2...
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A: 2. On the above figure explain your decision on price one and price five in a perfectly competitive ...
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A: "Since you have posted a question with multiple subparts, we will solve the first three subparts for...
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A: Since you have posted multiple questions, we will solve the first one for you. If you want any speci...
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A: GIVEN If the marginal propensity to consume increases, we should expect that Is
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Q: Compare and contrast Classical, Keynesian and Monetarists approaches to monetary policy.
A: To compare classical, Keynesian and monetarists approach to monetary policy.
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A: Given: inverse demand function: p = 214 - 5q, inverse supply function:p = 7 + 4q
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A: To find : How power of executive branch has changed over time.
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A: Acquiring information on a bank's activities in order to determine a bank's risk is difficult for de...
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- A balanced federal budget and a balance of tradeare secondary goals of macroeconomics, while growthin the standard of living (for example) is a primary goal.Why do you think that is so?Non-high-income countries are found in O a. In Asia, Western Europe, North America, and Africa O b. It can be found in all parts of the world O c. In Africa, South America, Asia, and Western Europe O d. In Africa, Asia, Eastern Europe, and Latin America O e. In Africa, Latin America, North America, Asia, and EuropeAn emerging country is defined as a country that becomes more engaged with global markets as it grows while it is transitioning from a low income, less developed, often pre-industrial economy towards a modern industrial economy with high production and higher standard of living. If this country's economic growth, results in more negative impact on environment, which of the followings best describes the contribution of income size of the economy on environment. Income effect dominates the size effect. O Size effect dominates Income effect. Both Income effect and size effect have the same effect. O The relation is not definable. None of the above
- Winston S. Churchill said, “I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” There is debate on the above statement with one view holding that since tax is the guaranteed source of Government revenue, it only makes sense that Government should be planning development based on tax as that is the revenue it is sure of. Hence, there is no escape from a nation taxing itself into prosperity. The other view argues that any nation should rely on its nationals for both demand and supply. Hence, its government should leave its nationals with enough incomes to save and invest thereby creating supply, but also with enough to buy and thereby creating demand. Give a critical analysis of the two sides of the debate and, in your conclusion, give clear recommendation of how government should tax its nationals, both natural and legal entities.Exercise D25 What role does government play in stabilizing the economy and what are the tradeoffs that must be considered?If countries specialize according to their absolute advantage then the Ricardian model statesthata. the. trade is beneficial for all trade partners.b. trade is a stupid idea anyway.c.it is ambiguous whether trade is beneficial for all trade partners.d. trade is only beneficial for those who have absolute advantage as well
- Do you think the efforts of Brazil’s government tokeep the economy growing will be successful? Whyor why not?What policies can the government of a free-market economy implement to stimulate economic growth?Suppose we extend the circular flow model to add imports and exports. Copy the circular flow diagram onto a sheet of paper and then add a foreign county as a third agent. Draw a rough sketch of the flows of imports, exports, and the payment for each on your diagram.
- 17:58 2 l alll 45 Economics - Pa... This document consists of 2 printed pages. Each question is introduced by stimulus material. in your answer you may refer to this material and / or to other examples that you have studied. 1 Qatar is a developed country with a high standard of living. Qatar is classified by the UN as a country of very high human development because of its high HDi value. More than 80% of Qatar's population are immigrants. Net immigration has helped to meet the country's demand for labour. (a) Define net immigration. [2) (b) Explain two reasons why emigration from a country may increase. [4) (c) Analyse why a country may have a high HDI value. [6] (d) Discuss whether or not the standard of living is higher in developed countries than in developing countries. (8] 2 Japan is one of the largest and most developed economies in the world. The country is, however, facing several challenges including population problems. Japan's birth and death rates are falling, its…Most countries, including the United States, importsubstantial amounts of goods and services from othercountries. Yet the chapter says that a nation can enjoya high standard of living only if it can produce alarge quantity of goods and services itself. Can youreconcile these two facts?True or false (explanation needed) 2. The Gini coefficient of global incomeinequality (based on the distribution ofincome per-capita) will be higher if weconvert income per-capita to acommon currency using the officialexchange rate compared to thepurchasing power parity exchange rate.