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Economic crisis for “Great Depression” (1929-1939). *information is in the photo.
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- According to Table 19.7, how often have recessions occurred since the end of World War II (1945)?Question 4Why the classical economists failed to explain the reason of the great depression? What did the Keynesian economists put forward in reponse to that event?Supposethat on January 1 2009, the TL price of thedollar is 1.40 overtheyear, inflation rate in Turkey is 25 % and U.S. inflation rate is 10%. Iftheexchange rate is $1= 1.50 TL at theend of theyear, whichcurrencyappearto be overvalued.?Explain your answer.
- Explain what cyrpto-currenty is and how the system works.The “prime” interest rate is the rate that bankscharge their best customers. Based on the nominalinterest rates and inflation rates in Table 19.10, inwhich of the years would it have been best to be alender? Based on the nominal interest rates and inflationrates in Table 19.10, in which of the years given wouldit have been best to be a borrower?Which of the following is not included in macro environment? O a. Competitors b. Economic O C. Political o d. Demographic
- Which would be more difficult to forecast 10 years fromnow: the number of 60-year-olds or their average disposable income? Why?What are the central problems of the economy give atleast three..Go to this website (http://www.measuringworth.com/ppowerus/) for the Purchasing Power Calculator at measuringWorth.com. How much money would it take today to purchase what one dollar would have bought in the year of your birth?