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Question: Suppose during some war in the future, military expenditures increased by 3% of GDP. Describe optimal Fed policy under the following scenarios. (Hint: what happens to consumer and capital spending after the war starts?)
(A) The government pays for the war with a tax increase.
(B) The deficit rises by the full amount of the increase in defense spending.
(C) Expectations decline, so the cutbacks in capital spending offset the rise in defense spending.
(D) The war causes oil prices to double.
Analyze and comment on the role this professional licensing group plays in the creation of policy within the profession as well as the impact those policies potentially have on the economics of health services.
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When the unemployment rate is high, we would expect that:
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A 5-year MACRS class equipment that costs $50,000 was sold for $15,000 after depreciating it for 3 years using MACRS.
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1. suppose the interest rate for a one-period bond is 4.a what is the price of an asset paying 111whichmeans 1 after 1
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