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The Congressional Budget Office estimates that the U.S. budget deficit for 2016 will be $587 billion. The US debt is approximately $19.9 trillion. The estimated GDP for 2016 is about $18.7 trillion, and net interest payments on the debt will be approximately $251 billion.
In your opinion, is the deficit too high? What about the debt?
BUS700 Economics Assignment. Purpose: To allow students to research and critically analyse an evaluate the macroeconomic performance of an economy. Topic: Analysis and evaluation of Macroeconomics performance of Australia and USA
A monopolist has determined that marginal revenue is $2.00 and average cost is $1.75. It has also determined that the lowest sustainable average cost is $1.75. To maximize profit, should the firm lower its price, increase its price, or leave the p..
Consider a tropical island economy with 2-sectors, souvenir manufacturing and hospitality. Both sectors are perfectly competitive, and workers are equally able and willing to work in either industry.
Cobb-Douglas Production Function- Y = F(K, P) = AKαPβ, Derive the condition for the above production function to be DRS, IRS, and CRS
suppose fred deposits 8000 in cash into his checking account at the bank of bonzo. the bank of bonzo has no excess
What would be the effect of this investment on U.S. GDP? Would the effect on U.S. GNP be larger or smaller?
Suppose a single parent can work up to 16 hours per day at a wage rate of $10 per hour. Various income maintenance programs have been developed to assure a minimum level of income for low-income families, such as AFDC (Aid to Families with Depende..
The value of a home depends on how attractive other homes and yards in the area are. How do local zoning ordinances try to promote land uses that generate external benefits for neighbors?
Identifying Misleading Information in an Argument: In the past ten years, most forms of drug use have dropped significantly, especially among teens.
what is the meaning of the credit multiplier in the monetary sector
The major variables in this data are age of employee, wages earned by that employee before resigning, sex of employee, and series of variables indicating "membership" in a specific class, such as over 40, under 40, internal applicant, external app..
Create an algorithm to transfer an integer from one program to another like a system in a lift. How does lift work? Write an overview to create much functional program to enhance its working.
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