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Question: Economic policies are sometimes complex. The following events took place in the same year:
a. social security taxes increased by $20 billion;
b. social security benefits increased by $20 billion;
c. government spending decreased by $10 billion;
d. taxes decreased by $10 billion.
Explain how each of these policies affect aggregate demand and aggregate supply by themselves. What is the combined effect? Is this policy combination inflationary? Defend your answer.
Identify an instance where a price control is used in our markets. Why do you think this price control exists? Also discuss the possible negative effects it may have on the market
Suppose that you desire to get a lump sum payment of $100,000 two years from now. Rounded to full dollars, how many current dollars will you have to invest today at a 10 percent interest to accomplish your goal?
When a employee declares that he consider to quit, say next month, the threat of being fired has no bite. The employee may find it in his interest to shirk.
A per unit tax on the unimproved value of land results in zero deadweight loss since the: a.supply of land is perfectly elastic b.supply of land is perfectly inealtic
What examples of regulatory efforts might prohibit entrance into a free market? Would regulatory oversight of environmental pollution for a cement factory create any externalities?Must be about 250 words APA format with at least one credible referenc..
maxim motronics a.g. have been marketing a new product in europe that has achieved notable market success and it now
Lifetime Savings Accounts, known as LSAs, allow people to invest after-tax money without being taxed on any of the gains. If an engineer in- vests $10,000 now and then increases his deposit by $1000 each year through year 20, how much will be in t..
Write-up: You will need to turn in a report that summarizes your analysis in two pages or less of text (not including figures and tables of results, which should be presented separately at the end of the write-up).
Is the firm operating in pure competitive market or monopoly market and why - Draw the TR, demand curve, marginal revenue curve in one figure.
Inflation Please make the theme inflation? - what is my plan for conducting research
Gomez runs a small pottery firm. He hires one helper at $10,000 per year, pays annual rent of $4,000 for his shop, and spends $16,000 per year on materials. Calculate the accounting profit for Comets pottery firm
Define inflation.Assume that you live in a simple economy in which only three goods are produced and traded: fish, fruit, and meat. Suppose that on January 1, 2010, fish sold for $2.50 per pound, meat was $3.00 per pound, and fruit was $1.50 per poun..
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