Question 39

In terms of forming expectations about the future, which school of Macroeconomic thought would most strongly agree with the following: "we base our decisions about the future on all available information and all information is available"?

the "Say What?" School

the Keynesians

the Monetarists

Rational Expectationists

Question 40

“Money is all that matters" could be thought of as the motto of

the Keynesians

the Monetarists

the Very Silly Theorists

Rational Expectationists

the Trump family

Question 41

The Classical AS curve suggests that (hint: Say's Law):

real output is directly related to the price level

idle capital & unemployed workers are available in the economy

the price level is constant

changes in aggregate demand will have no impact on the level of full-employment real GDP

Question 42

Rational Expectationists say that a fully anticipated increase in aggregate demand, perhaps as a result of easy (expansionary) monetary policy

misallocates resources

instantaneously moves the economy up the AS curve

shifts the AS curve to the left

shifts the AS curve to the right

increases real GDP & output prices

Question 43

Which school of macroeconomic thought believes that due to "crowding out", expansionary fiscal policy can potentially end up being contractionary?

Rational Expectations Theory

Monetarism

none of these

Keynesianism

Question 44

The concept that claims the fiscal policy will typically have no effect on real GDP because households will increase their saving to pay for an impending increase in taxes to finance that policy is known as

the paradox of thrift

Ricky Ricardo

Ricardian Equivalence

crowding out

adaptive expectations

Question 45

“Sticky” prices and wages are most closely associated with which group of economists?

Group of answer choices

Monetarists

none of these

Classicals

Keynesians

Rational Expectationists

Describe and explain the economist’s definition of ‘demand’. 2. Describe and explain the economist’s definition of ‘supply’. 3. Explain the relationship between price and quantity for demand of goods and services and the supply of goods and services. 4. Explain the concept of ‘equilibrium’. Add references

Write an essay on how to extract and create an IS-LM  (Keynesian model). Please use your OWN WORDS and graphs!!

1. Domino brand sugar and C&H brand sugar are perfect substitutes in production for Paradise Bakery and the slope of its isoquants is 1 (in absolute value). In January of 2014 Paradise Bakery used 200 bags of Domino sugar and 20 bags of C&H sugar. (The bags of sugar from both companies are the same size and Paradise Bakery behaves optimally.)

Domino sugar costs less to use than C&H sugar

Domino sugar costs more to use than C&H sugar

Domino sugar and C&H sugar cost the same

Paradise enjoys a lower marginal product from C&H sugar than Domino sugar

None of these.

2.Which of the following statements about the short-run production function is true?

MP always equals AP at the maximum point of MP.

MP always equals zero when TP is at its maximum point.

TP starts to decline at the point of diminishing returns.

When MP diminishes, AP is at its minimum point.

None of these options are true.

3.If a firm moves from one point on a production isoquant to another point on the same isoquant, which of the following will certainly not happen?

A change in the level of output

A change in the marginal products of the inputs

A change in the rate of technical substitution

A change in profitability

All of these.

4.Which of the following holds true?

When the Marginal Product (MP) is rising, Marginal cost (MC) is rising; and when MP is falling, MC is falling.

When MP is rising, MC is constant, and when MP is falling, MC is negative.

There is no relationship between MP and MC.

When MP is rising, MC is falling, and when MP is falling, MC is rising.

The Consumer Price Index (CPI) is the most popular indicator of inflation.  Consider the price and consumption data given below.

(a)     Using 2000 as the base year compute the value of the CPI for the years 2003 and 2004            (2000 = 100).

(b)     Briefly interpret your results using the CPI that you have calculated.

(c)     Compute the annual inflation rate for the years 2003 and 2004.

write an industrial research on German automobile industry and should include specifying the industry German automobile, stating some significant industrial features, elaborating the existing problems and the opinions for the solutions or prospects of the industry and other stuff?

The EuropoTron europium (Eu) mine is currently mothballed (i.e., shut down). The EuropoTron mine cannot re-start production until one year from now. EuropoTron knows with certainty that the market price of europium per ton will be $930 next year. EuropoTron’s marginal cost of production is MC(q) = 10 + q, where cost is measured in dollars per ton of europium and q is measured in tons of europium. EuropoTron’s reserve is X = 900 tons. Assume that a competitor, MegaEuropo, is offering EuropoTron $400,000 for the nowdormant mine. If EuropoTron applies an annual discount rate of r = 0.05, should the company accept MegaEuropo’s offer and sell the mine now? Or should it start up the mine, which will allow it to extract europium next year and earn the associated rents? State which option you think EuropoTron should choose. Justify your conclusion using complete sentences, numerical evidence and, optionally, one or more economic graphs.

To what extent were Quesnay and Turgot precursors to Smith? Be sure to discuss the main similarities and differences between their work and Smith’s. (Essay Question)

The development of the early humanities focusing on the relationship between religion, science, and literature. Begin by explaining ancient Greek views of the gods, including how they influenced culture and how their stories were transmitted. Then identify some of the questions that led the ancients away from these religious stories the philosophical views that emerged from these discussions. Conclude by explaining one topic that we in the 21^st century still wrestle with.

The goal of this assignment is to work with the course materials and your own knowledge to create an understanding of the questions/prompt above

What are the 6 major segments of the foreign exchange market according to the text? Who are the participants in the foreign exchange market? Give examples.

Suppose your grade in one of your classes is hovering between an A and B. How would you apply the seven steps in the personal selling process to convince your professor that you deserve an A?

*I also need a reference for this answer.

Barack Obama made excellent use of public relations as a candidate for the Presidency. Now, as President of the United States, he will continue to use public relations activities. Review the six public relations functions (p. 460) and discuss how the Obama administration is making use of each.

*I also need a reference for this answer.