User Account

All Pages

Alternative options to boost economic growth

Assignment Help Business Economics
Reference no: EM133129225

Imagine you are a congressman trying to decide which of the two options to vote for. An economist asked to testify before Congress is explaining that based on a recent study, to increase economic growth from 2% to 4%, major increases in government spending, or major tax cuts need to be passed by Congress soon. The economist explains two alternative options to boost economic growth at the desired level:

Option 1: Increase government spending on infrastructure by $20 billion.

Option 2: Lower business/corporate taxes by the same amount, $20 billion.

Reference no: EM133129225

Questions Cloud

Managing health care crisis : Summarize two specific actions an epidemiological manager would take to prevent future occurrences.
How many productions of parts must be produced : A fabrication company engaged in production with a capacity of 150, 000 pieces per year. But, it is just operating at 70% of its full capacity. The company has
Integrate electronic health records : You are an associate director in a 300-bed hospital located in an urban area of Cleveland OH. A sum of money is available for investment in the facility.
What is the level of sales required for a two department : What is the level of sales required for a two department (food and beverage) restaurant to achieve a 12% ROI on an investment of $8,000,000
Alternative options to boost economic growth : Imagine you are a congressman trying to decide which of the two options to vote for. An economist asked to testify before Congress is explaining that based on a
Will the time savings affect your server to guest ratio : The restaurant currently uses a server to guest ratio of 1:15 and has 300 seats. Will the time savings affect your server to guest ratio
Representing a large corporation strongly favors : Would the answer to the last question below(***) change if, as a congressman, you were very interested in getting reelected, and if:
Price discrimination to raise revenue : What are two reasons for why public colleges now rely more on price discrimination to raise revenue? For full credit, one of the two reasons must be an explanat
Describe the tools used by the fed since march 2020 : Describe the tools used by the Fed since March 2020, including some new non-traditional tools. What effect did they have on the monetary base and money supply?

Reviews

Write a Review

Business Economics Questions & Answers

  Outstanding and debt with interest payments

What earnings before interest and tax (EBIT) must the firm have if it were to provide $1 per share to the shareholders? Assume perfect markets.

  Write down demand and supply equations for wireless phones

Write down demand and supply equations for wireless phones; include two exogenous variables in each equation. Draw a supply-demand graph for wireless phones. Use your graph to show how a change in one of your exogenous variables affects the model’s e..

  Determine the profit-maximizing price

If the firms produce good X at a marginal cost of $7 per unit and the market elasticity of demand is -2, determine the profit-maximizing price.

  What is the probability that sample mean height is greater

If a random sample of three South African men were selected at random, what is the probability that the sample mean height is greater than 72 inches? How do you do this two-part question?

  What is the median age of all the students together

Additionally, you know that there are 3 girls with age greater than 14 and 2 boys with age less than 12. What is the median age of all the students together?

  Data suggest about financial market expectations

What does this data suggest about financial market expectations of 1-year yields, 1 year from now? Explain.... (Assume investors are risk neutral in these

  Inclusions of featherbedding provisions

Explain how bargaining over the inclusions of featherbedding provisions in a union contract can result in more efficient contracts than bargaining over wages al

  56q1 based on internet research select one industrialized

56.q1. based on internet research select one industrialized country and determine that countrys top 5 exported and

  Basic three sector model and instead of assuming

If we modify our basic three sector model and instead of assuming that taxes are autonomous or fixed in amount (the Tx = Txo assumption) now assume that taxes are a positive function of income, will this modification have the effect of increasing, de..

  What is the interest rate on loan

If $56,000 is the current loan balance and $550 the monthly payment, of which $130 applies towards principal, what is the interest rate on this loan?

  Developed revolutionary new personal computer

You are the international manager of a US business that has just developed a revolutionary new personal computer that can perform the same functions as existing PCs but costs only half as much to manufacture. Several patents protect the unique design..

  Absolute advantage and comparative advantage

Discuss Absolute Advantage and Comparative Advantage, and provide at least two examples of each.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd