Critically examine short-term and long-term effects of a

Assignment Help Microeconomics
Reference no: EM13388507

(i) Critically analyze the short-term and long-term effects of a large budget deficit and public (national) debt. In your answer, provide an explanation of what the public debt is and how it can be financed. You should also critically evaluate the various measures that are usually recommended for reducing a budget deficit and national debt. (This question may be answered in light of the recent events and economic situation in countries such as Greece, Cyprus, Portugal and Spain.)

(ii) Some people (especially economists) argue in favor of international free trade while others favor protectionism. Critically examine who gains and who loses from free trade and protectionism. Overall do you think that international free trade is a good idea?

Reference no: EM13388507

Questions Cloud

Write down a 500 word essay on the functional : review the three major horizontal organizational structure types functional divisional matrix.write a 500 word essay on
Understanding and coping with change change is everywhere : understanding and coping with change change is everywhere yet very few people seem to embrace the concept. we are for
You can find financial statements and annual reports : you can find financial statements and annual reports directly on the websites of listedpublic companies. there are also
Determine if your hypothesis has adequacy for its purpose : dq1 nbspdevelop a hypothesis for a problem at a local business for example high employee turnover. determine if your
Critically examine short-term and long-term effects of a : i critically analyze the short-term and long-term effects of a large budget deficit and public national debt. in your
Paul works is the car sales director at texas car : paul works is the car sales director at texas car dealership. oftentimes he takes customers and vendors out to lunch as
Paul works is the car sales director at texas car : paul works is the car sales director at texas car dealership. oftentimes he takes customers and vendors out to lunch as
Critically analyze the effectiveness of various approaches : i critically examine the effectiveness of various approaches that may be used to reduce macroeconomic instability. your
In calculating allowance for doubtful debts last year year : issue 1 a large number of customers buy our products on a wholesale basis for their sales outlets and have set up

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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!

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