Keynesian response to japanese stagnation
Problem: Please explain how do Keynesian and Real Business Cycle economists differ on the right response to Japanese stagnation? On what sorts of issues might they be able to agree?
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Explain why population growth has such a negative impact on economic growth in the Malthusian and Neoclassical growth models. Explain why population growth can have positive effects on economic growth in more recent models. Which theory does the e
Problem: What marketing, pricing, distribution or other competitive advantages can firms exploit (use the concept of zero sum, positive sum, and negative sum games, and dominant market participants)?
Question 1. Fluctuations around the long-term growth rate are called: A) recessions. B) depressions. C) expansions. D) business cycles.
The foreign exchange market is the market where: a. Exports and imports are consummated. b. Gold is exchanged to bring about trade equality. c. Currencies are bought and sold. d. Domestic buyers reach agreements with international sellers.
Please explain how do Keynesian and Real Business Cycle economists differ on the right response to Japanese stagnation? On what sorts of issues might they be able to agree?
Please explain why after such unprecedented economic growth, technical advance, and expansion of the size and scope of government since the 1930's do economies still experience economic cycles and stagnation.
Illustrate and elaborate: "The critical thing about exchange rates is that they provide a direct link between the prices of goods and services produced in all trading nations of the world." Explain the purchasing-power-parity theory of exchange ra
Which of the following is not one of the basic preconditions for economic growth?
sing the Basic Trade Model, illustrate the distinct terms-of-trade effects of (i) import-biased growth in country A and (ii) export-biased growth in country A. All else equal, which kind of growth would the government of A like to foster if it see
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