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Question: During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections. On the other hand, with the rise in unemployment, spending on safety net programs rise. So, to stabilize the national economy, government appears to have only two options (neither good) either to put in place severe austerity measures (cut spending) or increase borrowing. Of course, it is very difficult to defend cuts in the federal government programs and especially the programs geared to sustain the minimum of the standard of living for the "poor." But increase in borrowing has major adverse impacts on the national economy.Write an essay analyzing· Different theoretical views on national debt,·Long-run costs of high national debt,·Costs of eliminating the budget deficit solely through (1) personal tax increases, and/or (2) through spending cut by decreasing in transfer payments (i.e., Social Security, Medicare and Medicaid) and in discretionary spending (such as defense and education budgets). has to be at least 700 work essay in APA format. please quote a price for this.
What strategies and tactics will you employ? What economic model are you going to use? How will you evaluate your research? What does a search of the literature on the topic say about your topic?
In the case of a natural monopoly where cost conditions lead to a sole supplier, regulation is used to ensure that, The lorenz curve cannot be used to show
Explain the logic behind of your model, inclusion of variables, statistical method used..ect. Explain why answering this question is important.
Explain the competitive environment in which the firm operates the distribution of market power, and the strategic behaviour of the firm and its competitors. Apply your knowledge of the theory of this company’s market structure. How does the company ..
Consider a macroeconomy was initially at equilibrium level. Using the Short Run aggregate demand and aggregate supply model graphically illustrate and discuss the short-run of the following events upon economic activity:
Are women really more emotional than men? Defend your answer based on the available research. This will require you to cite your sources as well!
Radio stations, tornado sirens, light houses, and street lights are all public goods in that all are nonrivalrous and nonexclusionary.
You are planning to build a new home with approximately 2,000-2,500 gross square feet of living space on one floor. In addition, you are planning an attached.
Someone claims that the "bargaining" hypothesis appeared in the literature because of a significant flaw in the "comparative advantage" hypothesis. After you briefly explain what these two hypotheses stand for, identify what..
What do you think about the most important determinants that impact demand for banking industry's product or service and determine the impacts of innovation and technology on the cost of production?
Many retail companies use mark up pricing? Setting price some percentage above variable cost (such as 50% above cost).
Abel Company's manufacturing overhead is 20% of its total conversion costs. If direct labor is $38,000 and if direct materials are $47,000, the manufacturing overhead
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