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Question: You have complete control over government decisions (Fiscal Policy) and over the Federal Reserve (Monetary Policy). Absolute control over fixing our economy. Describe three (3) things you would do to help or fix our economy. Fully explain why you would do these three (3) things and why you think they would work.
How each of the following event is likely to affect GDP, Environmental laws prohibits the firms from emitting pollution, Strikes by trade unions and discovery of new seed increases farm harvest
Households make four kinds of economic decisions. Assume you have two households with the same income. Household A has one income earner and Household B has two income earners.
If the tax rate were increased by 5 percent, by how many hours will the labor supply fall?
During China’s Cultural Revolution in the late 1960s andearly 1970s, highly educated people were forced to move to farms and work in the fields. Some were common laborersfor eight or more years.
Discuss the extent to which the use of demand side policies (fiscal policy and monetary policy) during the Great Recession of 2008 has been successful in restoring economic growth and reducing unemployment.
What course of action do you recommend for it assuming it wants to raise revenue and total revenue by producing in the inelastic portion of its demand curve
Find an article on an issue of public policy online or in a newspaper. Consider carefully whether the people making arguments for or against a particular policy
Q16. If new highly progressive tax laws are enacted, the resulting Lorenz curve will move to the right-hand corner of the graph. a. true b. false
Suppose that South Africa produces only two goods, sanitisers and masks. The base year is 2018 and the table below gives the quantities produced and their price
What do we mean when we say export are exogenous and import are endogeneos?
Use a Microsoft® Excel® spreadsheet to create an evaluative test script that you can use to test the security and usability of a mobile app.
Suppose that the Home country in the two-sector (manufacturing and agriculture) specific-factors model has a comparative advantage in agricultural output. What will happen to the real rental price of capital when trade occurs
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