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Write a 2 - 3 page paper that identifies and explains a current controversy concerning the US federal budget and fiscal policy.
In your paper:
1) Explain the US federal government's budget cycle.
2) Define what is an expansionary fiscal policy and what is a contractionary fiscal policy.
3) Explain how government spending or taxation policy can be used to increase GDP?
4) Explain how this policies might affect you.
Describe the factors that may cause economies and diseconomies of scale. Give an example of each. Describe the economic concept of the law of diminishing marginal returns. Please give an example. Why is this important?
although new york state is second only to washington state in production of apples its production has been declining
An externality is a) a cost or benefit resulting from some activity or transaction that is imposed or bestowed on parties outside the activity or transaction b) the total cost to society of producing an additional unit of a good or service c) th..
how does a firm determine its prices and the quantity of labor required in the resource market during a specific
As the employer who wants to reduce the production cost during the economic recession, he or she could choose to (1) lay off some workers without changing wages or (2) keep all workers but cut wages for all.
given the current condition of the us economy do you think us policy makers would prefer to see the rise in value
"National Accounts" and then "National Income and Product Account Tables.
Suppose that you are on the board of directors of a firm which is the dominant firm in the industry. That is, it lets all of the other firms, which are much smaller, sell all they want at the existing market price. In other words the smaller firms..
Assume you run a pizza store and currently have two workers. If you hire a third worker, your output of pizzas per day rises from 55 to 65.
suppose the price of local cable tv service increased from 16.20 to 19.80 and as a result the number of cable
1. consider an economy described by the production functiony fkl k3l7a. what is the per worker production function?b.
suppose that the capital machines in a particular plant is fixed in the short run and is equal to k 2. thus the only
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