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Q. Briefly explain the current (2012) Discretionary Fiscal Policies that are being used by the Federal Government to try and promote a recovery from the recession.
What was the reported budget deficit of the Federal Government of the U.S. for fiscal year 2012? ( The Federal Government's fiscal year runs from October through September) How does the Federal Government finance this deficit spending?(that is, where does it get the money to spend when it runs a deficit?)
Explain the difference between Discretionary Fiscal Policy and Automatic Fiscal policy (built-in stabilizers). Provide an example of each.
In 2020, Ahmed decides to invest in a wind turbine that would produce and sell electricity to the local electric utility. He decides to buy a smaller, used turbine.
This is an essay question, but I don't know how to explain. Should I use the supply-demand curve to explain, or use the marginal cost- marginal revenue curve to explain this question.
Give a detailed explanation about how the engineer's income generation as described above affects GDP and GNP of U.S.
Distinguish between the resources market and the product market in the circular flow model.
A Monetary History of the United States, 1867-1960 uncovered the empirical reality that money is pro-cyclical and leading, the classical economists went to the drawing board.
A business cycle fact is that real wages are pro-cyclical. Using the classical labour market as we have all semester, show and explain how the classical economists explained this business cycle fact.
Suppose that only data on in action were published but not on claims for unemployment. What would be a reaction of the USD/EUR in that case.
Compute new supply of $ at each exchange rate and graph the new supply curve.
As Bavarian Crystal Works is only one for many crystal producers in the world market, it can wholesale as many of the decanters as it wishes for $50 apiece.
Would a typical hedger be willing to pay a risk premium in order to hedge by buying foreign currency forward.
Bud Owen operates Bud's Package Store in a small college town. Bud sells six packs for off-premises consumption.
Calculate the cost elasticity of demand as well as for paint as well as show your calculations.
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