"Periods of economic instability" are in line with which of the following views of the business cycle? a) The Structuralist view b) The Keynesian view c) The Classical view d) The Monetarist view

Compare and contrast Chinas' political, economic, and legal systems with those of the United States. Discuss Chinas' distinct political, economic, and legal systems. Talk about the impact of these elements on economic development. To improve understanding and keep people interested, keep the conversation lively and realistic. To elicit more comprehension, be grounded rather than scholarly.

It is asserted by some economists that because any individual knows only a small fraction of all that is known collectively, it is impossible to replicate the work of the invisible hand. This line of argument is associated with which of the following school of economists? (a)  The behavioural school of economists; (b)  The Austrian school of economists; (c)  The ‘old’ institutional school of economists; (d)  The Schumpeterian school of economists.

1. What is economics, and how can you benefit from understanding basic economic concepts? 2. Compare and contrast the world’s major economic systems. Why is capitalism growing, communism declining, and socialism still popular?

The Invisible Hand of a Market Economy 1. Adam Smith, in The Wealth of Nations, said the "invisible hand" determines what gets produce, how, and for whom. how individuals and firms working toward increasing their own wealth actually benefit society as a whole. For example, in the auto industry, the interactions between consumers and producers determine how many cars are produced rather than some central planning agency.

When Netflix originally entered the movie rental business, was it competing on the basis of a first-mover advantage or a late-mover advantage? Did it rely on the same advantage when it began streaming original content?

What is the Post-Keynesians policy response to the 2008 global financial crisis?