discuss how monetarists and keynesians view the role of government in relation to market interventio

what is the weakness and strenghs of each of the four major schools of though?(claassical,keynesian,monetarist and neoclassic)

6) Which of the following is a reason to support active stabilization policy? a) policy affects the economy with a lag. b) policy can offset shocks to the economy. c) policy takes time to have an impact on the economy. d) policy does not have an ability to affect unemployment. 7) An example of an automatic stabilizer is a) more people receive food stamps during a recession. b) fewer people collect unemployment benefits during an expansion. c) during a recession, people move down into lower tax brackets. d) all of the above are examples. 8) It is difficult to verify the Lucas Critique. Which of the following is a reason why? a) It is hard to identify shocks in the economy. b) It is hard to know how the economy would be different without implemented policies. c) both a) and b) are reasons. d) neither a) nor b) are reasons. 9) Which of the following is an example of the time inconsistency problem? a) monetary policy vows to fight inflation and dramatically increases the money supply. b)…

The economy of a hypothetical country has been stable for two or three years with very low unemployment. Wages have been gradually increasing during this time. Now stock market prices begin significant increases, causing peoples’ investments, such as their retirement accounts and other investments, to increase in value. People feel very good about the future and use their new-found wealth to buy things that they had been hesitant to purchase in the past. Include detailed answers to the following questions: 1. What would be the likely impact on the government budget and national debt of the use of these fiscal policy tools (taxes, government expenditure, transfer payments, and interest rates)? 2. How would the use of these fiscal policy tools stabilize the economy?

What are some of the O-ring model's application to everyday society?

During the 2008-2011 financial crisis, two members of Congress proposed reinstituting the military draft as a solution to high unemployment, citing the experience of World War II. Would this have been a viable policy option? Discuss.

Give a Detailed presentation of an alternative major policy in Alaska in comparison to the "Robin Hood" policy in Texas. Include when enacted, by whom  and major Provisions. Also include evidence impacts of the policy, specifically based on studies or reports(specific data) on the outcomes.

Options for first question: difference in values differences between perception versus reality differences in scientific judgment