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First go to U.S National Debt Clock and review the data at that site.
Then answer the following questions:
1. What are the short- and long-term economic benefits and costs associated with our current high federal government budget deficits?
2. Do you think the economic benefits outweigh the economic costs, or not? Why?
3. If we wished to reduce the budget deficit then how would you advocate that be accomplished?
The Federal Government had a budget surplus in 2001 but a budget deficit in 2002. This was due to the recession, the tax cut, and the increased military spending. The change from a budget surplus to a budget deficit was due to Midterm 4.0.pages
The similar same set of price quantity combinations are utilized to compute the price elasticity of demand
According to this line of reasoning, education is then "consumed" by house holds. Construct a circular-flow diagram like the one found in this chapter to represent the sector of the economy devoted to collage education.
The total operating revenues of a public transportation authority are $100M while its total operatiing costs are $120M.
Describe both "Law of Demand" & "Law of Supply" regarding price changes relative to the substitution and income effect? In your response.
Describe how antipoverty programs can discourage the poor from working. How might you reduce this disincentive? What re the disadvantages with your proposed policy?
Assume that the potato chip industry in the Northwest in 2007 was competitively structured and in long-run competitive equilibrium; firms were earning a normal rate of return, in 2008 two smart lawyers quietly bought up all the firms
suppose a person defects from cuba a country that generally disregards the use of markets to the united states and asks
Explain which of the three main forms of Foreign Direct Investment you would recommend for this company on this particular market.
Compare and contrast between internal and external growth strategy. Identify a range of factors which might estimate whether an internal or external strategy is pursue such a growth strategy.
Why does the Federal Reserve Bank have to be concerned with money growth even though their main focus seems to be on interest rates? Outside of interest rates, what are two other focuses of the Federal Reserve Bank?
A certain equipment cost £9,500,000. It is depreciated by the equal installment method. After 3 years, its book value is £5,600,000.
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