what are the main empirical and theoretical contributions of the Mankiw, Romer and Weil's paper? Define one of the main empirical challenges they faced in their analysis?
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what are the main empirical and theoretical contributions of the Mankiw, Romer and Weil's paper? Define one of the main empirical challenges they faced in their analysis?
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- In a minimum of 250 words, explain what the three core economic questions are that every society has to answer and then discuss how the U.S. addresses these. Then, provide a brief description of the U.S. economy. If desired, you can compare and contrast this with how another country (or other countries) addresses these questions. Ensure that you use facts to support your points and provide citations and references for those sources. The required text is chapters 1-3 in Schiller, B. R., & Gebhardt, K. (2016). The economy today (14th ed.). Columbus, OH: McGraw-HillHigher Education (ISBN:9780078021862).How can machine learning be used to analyze data-filled Excel spreadsheets? Let's say you're sitting on a spreadsheet with hundreds of open-ended responses from a recent customer survey. Getting insights from a batch like that will mean hours of manual work. Sorting each answer by topic and overall sentiment will prove to be a cumbersome task. And, in the meantime, urgent matters may come up that require your team's attention. A machine learning model can take care of this analysis in an easy, fast, and consistent way. Having a model analyzing your Excel spreadsheets automatically can save your team hours of valuable time and productivity. Additionally, machine learning models can take care of large spreadsheets in a matter of seconds, scaling your team's productivity upwards. This Al Economics Project will show you how to analyze data-filled Excel spreadsheet for Business Intelligence. Depending on the quality of the answer, you are awarded up to 20-32 points for each assignment. Any…In relation to social research, what does the term "philosophical framework" mean?
- The North Thesis. What is it? What is it meant to explain? What was North's argument? What are its salient features? Was the North Thesis correct?Assignment 2: Problem Solving When faced with a problem, what do you do to solve it? This assignment asks you to apply a six-step to problem solving process to a specific problem scenario. You will write a paper that presents a synthesis of your ideas about solving the problem using this systematic approach. As Voltaire said, “No problem can withstand the assault of sustained thinking.” Choose one (1) of the problem scenarios as a topic choice for your paper (Note: Your professor must approve your topic choice before you begin work on the assignment.) Scenario 1: You have worked at your company for eleven (11) years. You have returned to college to earn a Bachelor’s degree in order to increase your chances for a promotion. You are nearly finished with your degree, when a supervisor’s position in a competing company becomes available in another state. The start date is in two (2) weeks, during your final exam period for your courses. The position offers…The subtitle of the Commanding Heights series is “The Battle for the World Economy”. This episode is titled “The Battle of Ideas” and begins with the introduction of the two most important economists in the 20th century, John Maynard Keynes and Friedrich von Hayek. Keynes and Hayeks ideas were oppositional to each other, yet in the end, both men would have a profound impact in the world economy of the 20th century. Write a short essay of 1-2 paragraphs identifying the basic ideas of both men and explaining why Keynes dominated the early post WWII era and Hayek that late post WWII era. I need to write a short essay around 3 paragraphs
- Carefully study the paper by Viana and Cunha (2016) on “the Swedish Economic Model” (a link is in the syllabus). Identify the main idea of the study. Pick up one most compelling argument against that key idea of the authors, and defend your counter-argument by disputing the authors’ data and evidences. Base your critique on actual evidence and clear logic, rather than vague references to “some alternative views”. Use actual, reputable data to defend your views. Reference your data sources clearly, present them as tables/diagrams in appendices to this homework. Raw data used should be included in appendices too. [Use maximum fifteen short sentences to back up your explanation.]Take into consideration the fact that this course tries to analyze the history of economic thought as part and parcel of the history of science and briefly discuss the course of development of economic theory in the context of inductive and deductive methods.Can you make a conclusion regarding to this answer? Make it thoroughly explained, please.