What are the similarities and diffences between Public Choice Theory, Public Interest Theory, and Chicago Theory of Regulation?
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Write two paragraphs and compare/contrast the public interest and special interest theories that describe the motivation behind government intervention in the health care market. Which theory do you believe is the most accurate? Explain. References needed.
What is the difference between the expectations theory and the liquidity preference theory?
Explain the classical theory of interest rates and the liquidity preference theory. What is the liquidity trap?