Develop an economic analysis
Problem: Develop an economic analysis and recommendation, on the current state of the U.S. economy in the areas of unemployment, interest rates, expectations and consumer income from a Keynesian perspective.
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Problem: Explain using an appropriate diagram how and through what mechanisms would each of the following affect the level of aggregate demand?
Assignment: Suppose the NJ government decides to impose a $1,000 per student tax on colleges--each college has to pay $1,000 for each student enrolled. The supply curve of college education (before tax) is Qs = 40P, and the demand curve is Qd = 40
Derive graphically IS curve. Explain the following statement by using the tools of analysis that you have learned in the class:
Develop an economic analysis and recommendation, on the current state of the U.S. economy in the areas of unemployment, interest rates, expectations and consumer income from a Keynesian perspective.
Compare the rationale of the Reagan administration for the 1981 tax reductions with the rationale behind the Kennedy-Johnson tax cut of 1964, the Bush tax cut of 2001, and the Bush tax cut of 2003.
Keynes said that "Jevons saw the kettle boil and cried out with the delighted voice of a child; Marshall too had seen the kettle boil and sat down silently to build an engine". Explain and discuss.
Demonstrate analytically and show graphically that, in the Keynesian consumption function, the average propensity of consumption is always bigger that the marginal propensity when the autonomous component of consumption is positive.
If you've gone through five CEO's , how and what would be interesting to you about MANAGERIAL LEADERSHIP? Each CEO has had his or her own managerial leadership style, so explain some.
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