The modern American economy is large and complex. There is extensive
specialization of labor, which implies we all rely on others for most of what we consume. How
does economic theory picture the process of coordination of all the economic agents? What can
create coordination breakdowns? What can policymakers do to reduce the frequency and
severity of such breakdowns?

Is there a trade-off between economic growth and stabilization policy? That is, do
policy changes designed to mitigate the downturns in the business cycle have an effect on long-
run economic growth, either positively or negatively? Support your answer carefully.

"Cuban Missile Crisis"
· Rational Actor Model (RAM or Model 1)
· Organizational Behavior Model (Model 2)
· Governmental Politics Model (Model 3)
According to the following analytical models, Question:which model is mostly and widely used during the Cuba Missile crisis ?

Question 2

Briefly explain Allison's three Models of Foreign Policy Analysis
· Rational Actor Model (RAM or Model 1)
· Organizational Behavior Model (Model 2)
· Governmental Politics Model (Model 3)

Since 1880, U.S. real per capita GDP has increased at an annual average rate of 2%.
But, there are almost constant fluctuations about that 2% growth rate. What important factors
affect the growth rate and what important factors affect the fluctuations? What can
policymakers do to alter the growth rate or to moderate the fluctuations? If you were economic
czar, how would you conduct economic policy?

A democratic political system is an essential condition for sustained economic growth. Discuss

I need examples of

1. falsely stating the source of goods or services.

2.Advertising goods with intent not to supply reasonably expectable demand, unless the advertisement discloses a limitation of quantity.

3.Misrepresenting the authority of a salesperson, representative, or agent to negotiate the final terms of a transaction with a consumer.

India and Nigeria are both former British colonies characterized by extreme divisions. Why was India relatively more successful in its process of democratization than Nigeria?

1.When looking at the law of demand, you will find that this is an inverse relationship between price and quantity demanded. How do you relate the law of demand to a recent purchase that you have had to make?

2.When looking at prices, you will find that they are always changing in our economy. Why do you think this is important to evaluate for our economy?

Consider the market for loanable funds. If firms’ expectations about the economy improve and the government reduces taxes on investment income, the real interest rate will ______ and the quantity of loanable funds will _______

Briefly discuss the similarities and differences between Adverse Selection and Moral Hazard.

25. Unions temporarily gain additional bargaining power. Show the short-run impact on an AS-AD graph. Also show the long-run result, if monetary policy is not accommodative.

How does your faith (Christianity) play a role in/impact your marketing activities? on how to advertise your product

When it comes to the History of Economic Thought: A Critical Perspective by E.K Hunt

Explain the neoclassical theoretical argument that competitive capitalism should automatically self-adjust to achieve full employment equilibrium. During the Great Depression, real wage did not increase. Why was this economic fact in contradiction with the neoclassical (and Keynes’s) theory of employment? How was Keynes’s theory of interest rate and saving different from the neoclassical one? Why did Keynes believe that there were situations where monetary policy would be ineffective to bring the economy out of depression?    

When it comes to the History of Economic Thought: A Critical Perspective by E.K Hunt

Jevons demonstrated that consumers’ demand behavior could be derived from consumer’s utility maximization. In a context of two commodities (X and Y), give a simple and brief proof that a utility-maximizing consumer would exchange the two commodities up to the point where the relative ratio of marginal utility between the two commodities exactly equals their relative price ratio. What is General Equilibrium? Explain how Walras set up the general equilibrium model. What difficulties did Walras have in order to demonstrate that market forces could automatically correct disequilibrium?

1. Explain why democracy can choose inefficient amounts of public goods.