Explain why capital accumulation, innovation, specialization may increase the standard of living
within rational reconstruction framework.
Standard of living refers to the level of the wealth of a person or a group. Basically,
standard of living measured
What happens if the liquidity trap goes along with deflation?
Many nations such as Japan, America fell into deflation and/or liquidity trap. Both occurs
make economy declined seriously. Deflation and liquidity have strong relationship and they also
1. Your friend criticized that Adam Smith should take a public economics course in order to
understand the role of the government. Choose any two ideas from Adam Smith to respond to
your friend in the form of an essay (200-500 words)
How to attract, build and sustain digital traffic.
Driving online traffic is one of the most difficult and
persistent challenges faced by publishers, broadc