Learning Engagement 5

Learning Engagement 5.

In perfectly competitive markets long-term economic profit is zero. If so, why firms bother to enter such a market?
PROFESSOR’S GUIDANCE FOR THIS WEEK’S LE:
In a perfectly competitive market, there are no barriers to entry and firms can enter and leave the market depending on their profits.

Be sure to proofread carefully (Use Grammarly – the premium version! Make sure your writing score is more than 90) and cite your sources (APA 7.0 ed).
NOTE:
Post your 300-400-word answers earn a maximum of 14 points.
Offer at least two 200-300-word comments (replies) to posts from your peers’ discussions by earn a maximum of 8 points each

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a. A monopoly occurs when there are barriers entering the market

PLEASE READ THEM CAREFULLY
– please use your own words no plagiarism
– All answered must be typed using Times New Roman (size 12, double-spaced)
– Please must mention question number clearly in answer.
– I want answer with APA reference, References at least 5.
– The Answer should be with total 1200 to1500
This assignment is an individual assignment.
Due date for Assignment 3 is 30/11/2021).
The Assignment must be submitted only in WORD format via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented. This also includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submitted assignments will NOT be entertained.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.
Assignment 3Maximum Marks-05

Question 1:
A monopoly occurs when there are barriers entering the market. List 3 types of these barriers with explanation and example. (1 Mark)
Fill the following table for a monopolist firm. (1 Mark)
Draw the demand curve and the marginal revenue curve for the above table. And explain the relationship between the marginal revenue and the price. (1 Mark)
Marginal revenue
Total revenue
Output
Price
0
$100
1
$85
2
$70
3
$55
4
$40
5
$25
Question 2.

Explain the effects of low price-guarantee on the price. (1 Mark)
Give reasons, when average cost increases as the total output increases for an increasing cost industry. (1 Mark)

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Economics Question

Learning Engagement 5 Economics Assignment Help Critical Thinking: Currency Depreciation
In a critical essay, analyze how currency depreciation stimulates exports. Evaluate the three major approaches to analyzing the economic impact of currency depreciation: the elasticities approach, the absorption approach, and the monetary approach. Compare and contrast the three approaches and provide examples that distinguish them from each other.
Directions:
Your essay is required to be five to six pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources.
Use Saudi Electronic University academic writing standards and follow APA style guidelines.
It is strongly encouraged that you submit all assignments into Turnitin prior to submitting them to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review the Turnitin—Student Guide for step-by-step instructions.
==
Please find out the attachments
Please Use APA 7th edition,
Please attach copy of all references you use
[supanova_question]

Learning Engagement 5

In perfectly competitive markets long-term economic profit is zero. If so, why firms bother to enter such a market?
PROFESSOR’S GUIDANCE FOR THIS WEEK’S LE:
In a perfectly competitive market, there are no barriers to entry and firms can enter and leave the market depending on their profits.

Be sure to proofread carefully (Use Grammarly – the premium version! Make sure your writing score is more than 90) and cite your sources (APA 7.0 ed).
NOTE:
Post your 300-400-word answers earn a maximum of 14 points.
Offer at least two 200-300-word comments (replies) to posts from your peers’ discussions by earn a maximum of 8 points each

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Learning Engagement 5

International Economics Question

International Economics Question.

Writing instructionsInstruction:> Cover page is required
> Work sheet, explaining your choich of preference criterion and RVC calculation
> Complete a blanket certificate of origin (copy attached) from January 1.2022 to December 31,2022.
> You are authorized to sign the certificate on behalf of the exporter

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Micro Economics Question

Question 1:
A monopoly occurs when there are barriers entering the market. List 3 types of these barriers with explanation and example.
Fill the following table for a monopolist firm.
Draw the demand curve and the marginal revenue curve for the above table. And explain the relationship between the marginal revenue and the price.
Marginal revenue
Total revenue
Output
Price
0
$100
1
$85
2
$70
3
$55
4
$40
5
$25
Question 2.
Explain the effects of low price-guarantee on the price.
Give reasons, when average cost increases as the total output increases for an increasing cost industry.
[supanova_question]

economy discussion module 13

International Economics Question Economics Assignment Help Discuss the causes of the recent currency crisis in Turkey. What are the implications for the Turkish economy and the global economy? What should be the role of the Turkish Central Bank for stable currency?

Embed course material concepts, principles, and theories, which require supporting citations along with at least one scholarly, peer-reviewed reference in supporting your answer unless the discussion calls for more. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.
Use Saudi Electronic University academic writing standards and APA style guidelines.

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International Economics Question

Writing instructionsInstruction:> Cover page is required
> Work sheet, explaining your choich of preference criterion and RVC calculation
> Complete a blanket certificate of origin (copy attached) from January 1.2022 to December 31,2022.
> You are authorized to sign the certificate on behalf of the exporter

[supanova_question]

International Economics Question

did participants in the Bretton Woods conference feel that it was important to create the IMF? 2. In the early 2000s, the IMF extended significant loans to the government of Argentina during that country’s financial and economic crisis. Give a brief description of Argentina’s crisis and the IMF’s response. 3. The IMF was heavily criticized for its policies during this period. Summarize the arguments made by the IMF’s critics.

did participants in the Bretton Woods conference feel that it was important to create the IMF? 2. In the early 2000s, the IMF extended significant loans to the government of Argentina during that country’s financial and economic crisis. Give a brief description of Argentina’s crisis and the IMF’s response. 3. The IMF was heavily criticized for its policies during this period. Summarize the arguments made by the IMF’s critics..

To complete this assignment, you will study and write about an important institution that was formed during the Bretton Woods conference in 1944. Answer each question with a paragraph of about 100 words. Please keep your answers to one sheet of paper, and please include a bibliography listing any sources that you use.[supanova_question]

Input Substitution questions

need explanation and answer for the discussion.
Refer to text, Ch. 7, Fig. 7.4 and Example 7.4 – ‘The Effect of Effluent Fees on Input Choices’.
How should the manager of a steel plant respond to an EPA-imposed effluent fee of $10 per gallon of wastewater dumped in the river?
Word limit: 50 – 100 words
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Saudi Arabian Riyal and the U.S. Dollar

did participants in the Bretton Woods conference feel that it was important to create the IMF? 2. In the early 2000s, the IMF extended significant loans to the government of Argentina during that country’s financial and economic crisis. Give a brief description of Argentina’s crisis and the IMF’s response. 3. The IMF was heavily criticized for its policies during this period. Summarize the arguments made by the IMF’s critics. Economics Assignment Help While Saudi Arabia seeks to diversify its economy, the Saudi economy is dominated by the petroleum sector. In addition, the Saudi Arabian Riyal (SAR) is pegged to the U.S. Dollar.
In a critical essay, discuss the advantages and disadvantages of the pegged exchange rate. Indicate the main considerations Saudi Arabia faces from a currency perspective (e.g., currency values, interest rates, inflation, and trade issues) that ensue given two scenarios:
The first scenario is a dramatically declining world oil price.
The second scenario is a dramatically increasing world oil price.
Directions:
Your essay is required to be four to five pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources.

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You take $1000 that you held as currency and put it into the banking system

Q1: You take $1000 that you held as currency and put it into the banking system. The
reserve ratio is equal to 10%. [1.5 Marks]
1)Calculate the money multiplier.
2)By how much will increase the total amount of deposits in the banking system?
3)By how much will increase the money supply?

Q2. (Labor Force, Labor Participation Rate and Unemployment Rate). [1.5 Marks]
1)In Year 1, country A has a labor force of 100, of whom 90 are employed. The remaining 50 people in the country are not in the labor force.
Calculate the employment ratio, the labor participation rate and unemployment rate.
Over the course of the year, 10% of the employed become unemployed, while 20% of the unemployed become employed; 5% of the employed leave the labor force, while 4% of those not in the labor force become employed. The population remains unchanged.
2) Fill in the following table. (Hint: It might be helpful to draw the flow diagram before answering.)
In Year 1
In Year 2
Population
150
150
Labor Force
100
Employed
Unemployed
3) Calculate the employment ratio, the labor participation rate and unemployment rate. (Fractions suffice.)

Q3. Assume that a bank has on its asset side reserves of 1000 and loans of 6000 and on
its liability side deposits of 7000. Assume that the required reserve ratio is 10
percent. [2 Marks]
1) How much is the bank required to hold as reserves given its deposits of 7000?
2) How much are its excess reserves?
3) By how much can the bank increase its loans?

Answer:
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questions address some of the price and output decisions faced by firms other than those found in perfect competition. Some numbers may be rounded.

Complete Table 1. Summarize your calculations and use Microsoft Excel. Using Excel, draw one graph showing average fixed costs, average variable costs, average total costs, marginal revenue, and marginal costs. Using the data in the table and on your graph, what is the profit maximizing, or loss minimizing level of output? Explain and justify your answers. What is a normal profit? What is an economic profit? Explain your answer using examples. Are normal profits being earned in this example? Are economic profits present for this firm in this example? Explain your answers. Given the data in the table and the graph, how could you determine or identify the optimal plant size? What is the difference between explicit and implicit cost? Explain your answers. How would we determine if a cost is a fixed cost or a variable cost? Present your analysis in Microsoft Excel format. Enter non-numerical responses in the same worksheet using textboxes. If you want to learn how to use Microsoft Excel to create curves, refer to the Microsoft Excel tutorials. Submit your documents to the Submissions Area by the due date assigned.[supanova_question]

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all market structures, one of the primary goals is to maximize profits or minimize losses. One of the major differences between these market structures is how price and output decisions are made, which in turn depends on the characteristics of each market structure. There are four market structures: Perfect competition Monopolistic competition Oligopoly Monopoly Tasks: Construct a table that describes the various characteristics of each market structure. Identify a firm for each of these market structures and explain why each firm belongs in the market structure identified. Using Microsoft Excel, construct a graph for each of the market structures and explain how price and output decisions are made in each structure and how they differ. How is marginal analysis used in the price and output decisions of firms in the various market structures?

Prepare a 2-3 page Microsoft Word document that addresses the questions above and meets APA standards. Include a summary section in your report that contains 5-7 bullet points identifying your major findings or conclusions of your paper. Submit the summary section as your initial post in the Discussion Area by the due date assigned. Include the full report as an attachment to your posting. Continue your discussions until the end of the week by commenting on at least two other submissions by your peers, identifying the strengths and weaknesses of each post. All submissions must be original and all resources must be properly acknowledged.[supanova_question]

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poverty rate in 2010 was 15.1 percent—up from 14.3 percent in 2009. This was the third consecutive annual increase in the poverty rate. Since 2007, the poverty rate has increased by 2.6 percentage points, from 12.5 percent to 15.1 percent. In 2010, 46.2 million people were in poverty, up from 43.6 million in 2009—the fourth consecutive annual increase in the number of people in poverty. Between 2009 and 2010, the poverty rate increased for non-Hispanic Whites (from 9.4 percent to 9.9 percent), for Blacks (from 25.8 percent to 27.4 percent), and for Hispanics (from 25.3 percent to 26.6 percent). For Asians, the 2010 poverty rate (12.1 percent) was not statistically different from the 2009 poverty rate.1 The poverty rate in 2010 (15.1 percent) was the highest poverty rate since 1993 but was 7.3 percentage points lower than the poverty rate in 1959, the first year for which poverty estimates are available.

The number of people in poverty in 2010 (46.2 million) is the largest number in the 52 years for which poverty estimates have been published. Between 2009 and 2010, the poverty rate increased for children under age 18 (from 20.7 percent to 22.0 percent) and people aged 18 to 64 (from 12.9 percent to 13.7 percent), but was not statistically different for people aged 65 and older (9.0 percent).2 Refer to United States Census Bureau for this assignment Tasks: Select any three of the six summary statements and explain in detail the significance and possible causes of each item. Be sure to use the economic concepts and polices discussed in your textbook where applicable. Identify possible economic policies that may explain these items and/or those which could be used to deal with the problems or situations described. Deliverables: Prepare a 5-7 page Microsoft Word document that addresses the above tasks and meets APA standards. Include a summary section in your report that contains 5-7 bullet points identifying your major findings or conclusions of your paper. Submit the summary section as your initial post in the Discussion Area by the due date assigned. Include the full report as an attachment to your posting. Continue your discussions until the end of the week by commenting on at least two other submissions by your peers, identifying the strengths and weaknesses of each post. All submissions must be original and all resources must be properly acknowledged.[supanova_question]

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did participants in the Bretton Woods conference feel that it was important to create the IMF? 2. In the early 2000s, the IMF extended significant loans to the government of Argentina during that country’s financial and economic crisis. Give a brief description of Argentina’s crisis and the IMF’s response. 3. The IMF was heavily criticized for its policies during this period. Summarize the arguments made by the IMF’s critics.

response to the following 4 questions Please number responses based on instructions

response to the following 4 questions Please number responses based on instructions.

(1)The order of play tends to matter in sequential games where rivals must predict best reply-responses and counter-responses in order to achieve a desired payoff. Discuss an instance in which you or your firm used game theory and explain why the relationship between the players was a strategic one. Did the use of a credible threat or commitment affect the outcome? Were there any first-mover of fast-second strategies used? (2)The order of play tends to matter in sequential games where rivals must predict best reply-responses and counter-responses in order to achieve a desired payoff. Discuss an instance in which you or your firm used game theory and explain why the relationship between the players was a strategic one. Did the use of a credible threat or commitment affect the outcome? Were there any first-mover of fast-second strategies used? (3)In business, sports, politics, and many other fields there are probably countless situations akin to the prisoner’s dilemma where players acting in their own self-interest do not produce an ideal outcome. Likewise, some player dynamics also illustrate other game theory concepts like a game of chicken, credible threats/commitments, and other similar concepts. Use at least one article from The Wall Street Journal to discuss a strategic situation between players that resembled or used any of the concepts above. What could have any of the players done differently to achieve a better outcome?[supanova_question]

ecom 301 pp 2 new

I have a project I want to write every paragraph and under it the answer
Paragraph A:
the answer
Paragraph B:
the answer
And so on with the development of an index of pages
I have a file for the model answer that I want to simulate in the same format
The important thing is that there is no similarity, a clear solution, the answer from the point of view of digital marketing
[supanova_question]

Econ growth and development

response to the following 4 questions Please number responses based on instructions Economics Assignment Help ECON 303
Assignment 3
Due 11/18 /21
Total point 100
Answer the following essay type questions.
You can use as many paragraphs as you may need.
Part I (80 point).
1. Discuss the BRAC model and evaluate its performance in achieving the goals of economic development? Can this model be replicated in other countries?
2. Does trade reinforce existing inequalities? This fits in nicely with the North-South model. Discuss supply and demand basics and vicious circles.
3. Compare and contrast a successful strategy of import substitution (Korea, Taiwan) with a disastrous one (e.g. Argentina).
4. In the Harrod-Domar model, if the savings rate is 20% and the incremental capital output ratio is five, abstracting from depreciation, what is the implied growth rate.
5.Why did some adopt a course of aggrandizement for the rulers and other focus successfully on shared growth?
6. What are the terms of trade? What factors lead them to change over time?
7. Briefly explain the major argument of the factor endowment trade theory.
8. In what ways may social evaluations of costs and benefits differ from those implied by market prices? Explain carefully.
9. Briefly, what are the major causes of export earnings instability for developing countries?
10. Many developing countries have a static comparative advantage in the production of one or two primary products. In what ways might specialization in these products contribute to growth and development? In what ways might this fail to contribute?
Part II
Define, discuss the following concepts in developing countries reform context.(20point).
1. Unified and competitive exchange rate
2. Fiscal discipline 3. Trade liberalization4. Elimination of barriers to direct foreign investment (DFI)5. Financial liberalization

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Econ growth and development

ECON 303
Assignment 3
Due 11/18 /21
Total point 100
Answer the following essay type questions.
You can use as many paragraphs as you may need.
Part I (80 point).
1. Discuss the BRAC model and evaluate its performance in achieving the goals of economic development? Can this model be replicated in other countries?
2. Does trade reinforce existing inequalities? This fits in nicely with the North-South model. Discuss supply and demand basics and vicious circles.
3. Compare and contrast a successful strategy of import substitution (Korea, Taiwan) with a disastrous one (e.g. Argentina).
4. In the Harrod-Domar model, if the savings rate is 20% and the incremental capital output ratio is five, abstracting from depreciation, what is the implied growth rate.
5.Why did some adopt a course of aggrandizement for the rulers and other focus successfully on shared growth?
6. What are the terms of trade? What factors lead them to change over time?
7. Briefly explain the major argument of the factor endowment trade theory.
8. In what ways may social evaluations of costs and benefits differ from those implied by market prices? Explain carefully.
9. Briefly, what are the major causes of export earnings instability for developing countries?
10. Many developing countries have a static comparative advantage in the production of one or two primary products. In what ways might specialization in these products contribute to growth and development? In what ways might this fail to contribute?
Part II
Define, discuss the following concepts in developing countries reform context.(20point).
1. Unified and competitive exchange rate
2. Fiscal discipline 3. Trade liberalization4. Elimination of barriers to direct foreign investment (DFI)5. Financial liberalization

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response to the following 4 questions Please number responses based on instructions

ECON-303 growth and development

ECON-303 growth and development.

ECON 303
Assignment 3
Due 11/18 /21
Total point 100
Answer the following essay type questions.
You can use as many paragraphs as you may need.
Part I (80 point).
1. Discuss the BRAC model and evaluate its performance in achieving the goals of economic development? Can this model be replicated in other countries?
2. Does trade reinforce existing inequalities? This fits in nicely with the North-South model. Discuss supply and demand basics and vicious circles.
3. Compare and contrast a successful strategy of import substitution (Korea, Taiwan) with a disastrous one (e.g. Argentina).
4. In the Harrod-Domar model, if the savings rate is 20% and the incremental capital output ratio is five, abstracting from depreciation, what is the implied growth rate.
5.Why did some adopt a course of aggrandizement for the rulers and other focus successfully on shared growth?
6. What are the terms of trade? What factors lead them to change over time?
7. Briefly explain the major argument of the factor endowment trade theory.
8. In what ways may social evaluations of costs and benefits differ from those implied by market prices? Explain carefully.
9. Briefly, what are the major causes of export earnings instability for developing countries?
10. Many developing countries have a static comparative advantage in the production of one or two primary products. In what ways might specialization in these products contribute to growth and development? In what ways might this fail to contribute?
Part II
Define, discuss the following concepts in developing countries reform context. (20point).
1. Unified and competitive exchange rate
2. Fiscal discipline 3. Trade liberalization4. Elimination of barriers to direct foreign investment (DFI)5. Financial liberalization

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Critical Thinking: Trade Agreements and Transborder Flows of Labor

In a critical essay, analyze the role of FDI in the economic development of Saudi Arabia.
1-What are the determinants of FDI?
2-What are the motives and types of FDI?
3-What policies should the government implement to promote the role of FDI in stimulating the economy?
4-What implications does the Saudi Vision 2030 have on FDI?
Directions:

Your essay is required to be four to five pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources.
Use Saudi Electronic University academic writing standards and follow APA style guidelines.
It is strongly encouraged that you submit all assignments into Turnitin prior to submitting them to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review the Turnitin—Student Guide for step-by-step instructions.
Review the grading rubric to see how you will be graded for this assignment.
Required Readings :
– Chapter 9 in International Economics (attached)
– Degele, E., [supanova_question]

Pick any one topic for your paper. This term paper covers 15% of your course Essay

ECON-303 growth and development Economics Assignment Help Pick any one topic for your paper. This term paper covers 15% of your course grade. The paper should be 6 pages long (including Title page, bibliography, graphs, tables etc.). It should be typed double-spaced in Times New Roman, font size 12 following the APA style with 1-inch margin on all sides. Don’t forget to include a title page at the beginning and a bibliography at the end of your paper. Discuss the issue in your paper as an economist. Upload your paper as MS Word document on Blackboard. I will grade it within 48 hours and provide detailed feedback on your performance. Grading Rubric: Title 5 points Page numbering 5 points Correct labeling of Figures, Tables (Including source) 5 points Content 20 points Bibliography 5 points Topic 1: The new norm of social distancing has helped households to adopt innovative ways of carrying on their daily business and livelihoods. How has the utility curve of households in the developed vs developing countries changed due to this new norm? Topic 2: After a year and a half of enduring the pandemic, how are the small, medium and large size businesses fairing in this economy and around the world? Topic 3: Has virtual learning in K-12 and colleges affected student learning outcome? How does this impact the labor market in terms of elasticity of supply and demand of skilled labors and their wages? Topic 4: The introduction of vaccines and now booster shots is reviving the economic activities in every country. Which industries will thrive, and which ones are likely to perish under the new[supanova_question]

Economics Question

there’s no past year paper only this specimen papercause they say used to be ECO201 but now combine all is ECO202btw if do via google sheet how does it work? we need to share a google sheet in advance? then question paper i still send you here or send you via google sheet
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ECON-303 growth and development

The Myerson’s Model

The Myerson’s Model.

Recall the Myerson’s model (the model of weak institutions) discussed in Section 6. We did not discuss so much the effect of the leader’s exogenous payoff ? for surviving the second period. Assume pr < c <r < 2c which is the same assumption employed by the lecture note.
(a) What happens if 2c-r < R < 4c-2r? Explain as possible as you can.
(b) What happens if R < 2c-r? Explain as possible as you can.
(c) Suppose R > 4c-2r. Complete the following sentence by choosing the appropriate words in (i) and (ii). “If R increases, the leader is (i) more/less likely to survive without weak institutions, and the weak institutions becomes (ii) more/less important for the leader.” Why is this statement obtained? Explain the reason based on the model.
*Discussed Myerson’s model is attached as a doc.
**Since I’m running out of time, you don’t have to answer all the (a), (b), and (c). You could only do one of them.
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need help with homework

Answer the following questions based on this graph.
(10 points) Based on the graph, what type of gap is the U.S. economy experiencing?
(40 points) From the Keynesian View—a. Is the issue on the demand or supply side of the economy? What change needs to happen in our graph to bring the U.S. economy back to potential output?b. What government actions would be recommended?c. According to the Phillips curve, what would happen to the price level if we pursue policies to lower unemployment?d. What did Keynes mean by “sticky prices”?
(30 points) From the Neoclassical View—a. What change needs to happen in our graph to bring the U.S. economy back to potential output?b. How will this happen?c. Would this lead to more or less inflation that the Keynesian actions?
(10 points) From 2007-2009 the US experienced one of its worst economic collapses. Which approach did the U.S. government follow in regards to the economy—Keynesian or Neoclassical? Explain.
(10 points) In Spring 2020, the U.S. economy once again found itself in an economic crisis, this time due to the COVID-19 pandemic. Which approach did the U.S. government follow in regards to the economy—Keynesian or Neoclassical? Explain.

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Macro Economics Question

The Myerson’s Model Essay Help “>Essay Help for-this-project-you-will-be-analyzing-the-financial-statements-contained-in-the-form-10-k-of-two-companies-in-essay/”>Economics Assignment Help The Assignment must be submitted only in WORD format via allocated folder.
Students must mention question number clearly in their answer.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted
[supanova_question]

need help with homework

Answer the following questions based on this graph.
(10 points) Based on the graph, what type of gap is the U.S. economy experiencing?
(40 points) From the Keynesian View—a. Is the issue on the demand or supply side of the economy? What change needs to happen in our graph to bring the U.S. economy back to potential output?b. What government actions would be recommended?c. According to the Phillips curve, what would happen to the price level if we pursue policies to lower unemployment?d. What did Keynes mean by “sticky prices”?
(30 points) From the Neoclassical View—a. What change needs to happen in our graph to bring the U.S. economy back to potential output?b. How will this happen?c. Would this lead to more or less inflation that the Keynesian actions?
(10 points) From 2007-2009 the US experienced one of its worst economic collapses. Which approach did the U.S. government follow in regards to the economy—Keynesian or Neoclassical? Explain.
(10 points) In Spring 2020, the U.S. economy once again found itself in an economic crisis, this time due to the COVID-19 pandemic. Which approach did the U.S. government follow in regards to the economy—Keynesian or Neoclassical? Explain.

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https://anyessayhelp.com/ The Assignment must be submitted only in WORD format via allocated folder.
Students must mention question number clearly in their answer.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted
[supanova_question]