Economics, MLA, University / 19.01.2020 Sigmund Freud, in his 1930 essay Civilization and Its Discontents , argues that the sublimation of sexual desire leads to the mental energy required for advances in civiliza- tion: science, art, politics, etc. In particular, he writes, ... Continue Reading Share
Economics, MLA, University / 12.01.2020 Consider the following claim: “An all-loving, all-powerful, all-knowing God would never permit suffering, but because suffering exists, such a God does not exist.” What are the logical problems with this argument? ... Continue Reading Share
Apa, Economics, University / 21.11.2019 Macropoland, a country that is a natural gas and oil importer, has a natural rate of unemployment (at the full employment level of GDP) that is about 4.5%, and the long run average rate of inflation over time has been about 2%. However, during the period 1973-1974, the country experienced an inflation rate of about 15% while simultaneously experiencing unemployment of nearly 13%. At the present time, Macropoland is experiencing very sluggish consumption and investment (a result of a fall in the housing market), and unemployment has again edged up to around 9%. Inflation is very low at 0.4%. Macropoland has just hired you as their economic advisor. You have a big job ahead of you. Using your knowledge of aggregate demand and aggregate supply, can you explain what happened in these two time periods? Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience. Organize your response in a clear and logical manner as appropriate for the genre of writing. Use well-structured sentences, audience-appropriate language, and correct conventions of standard American English. ... Continue Reading Share
Economics, MLA, University / 17.11.2019 Macropoland, a country that is a natural gas and oil importer, has a natural rate of unemployment (at the full employment level of GDP) that is about 4.5%, and the long-run average rate of inflation over time has been about 2%. However, during the period 1973-1974, the country experienced an inflation rate of about 15% while simultaneously experiencing unemployment of nearly 13%. At the present time, Macropoland is experiencing very sluggish consumption and investment (a result of a fall in the housing market), and unemployment has again edged up to around 9%. Inflation is very low at 0.4%. Macropoland has just hired you as their economic advisor. You have a big job ahead of you. Using your knowledge of aggregate demand and aggregate supply, can you explain what happened in these two time periods? ... Continue Reading Share