Classical v. Keynesian Approaches to Smoothing Business Cycles
Fiscal policies are the actions of Congress on spending and taxing. (Note this is different from monetary policy, which is the action taken by the Federal Reserve to change the money supply and interest rates.)
Explain and compare the Keynesian and classical points of view on whether or not to intervene during the business cycle (an expansion = positive real GDP growth; and a recession = negative real GDP growth).
Are we in recession today? Use today's real GDP growth rates to explain your answer.
As the President's chief economist, describe the Keynesian fiscal policy you think the administration should follow, given today's economic conditions. Support your point of view using principles of Keynesian economics, as described by Mayer in Chapter 16 of Everything Economics
What Role for Government? In Chapter 3, Wheelan describes a number of ways in which the "government is your friend" in a well-functioning society and economy. List and explain two ways that, in your everyday lives, there is a need for an effective government role in an economy.
Explain how this government role does or does not solve a market failure such as an externality.
- Write a paper providing an explanation of what constitutes a revolution.
- Write a paper providing an explanation of Kenya’s healthcare financing mechanisms.
- Compose an essay providing an extended definition of the word “hope.”
- Write a paper providing an explanation of what the word “yawl” means.
- Explain how Senator Joseph McCarthy defined communist nations within the speech.
- What is the Relationship Between African American Kindergarten Student’s Behavior and Positive Behavioral Interventions and Support (PBIS) Implementation?
- What are 3 areas of biology that is being researched in genetic engineering?
- Describe your interest in becoming a nurse practitioner in the field of psychiatry?
- What are some safety factors for older persons that you should discuss in your study paper?
- Write a Four page report explaining how Andy Longclaw became a leader of his work group.