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During the financial and economic crisis in 2007-2008, the US federal government tried to stimulate the economy introducing a fiscal stimulus package, worth of $800 billion. While some people were supporting higher government expenditures, others were against it because they believed higher government spending would lead to higher government debt.
Which view do you support? Why? *Please answer using 3-4 complete paragraphs and support
Why is your topic important? What is(are) the policy(s) that you are going to discuss in your paper? Identify the relevant literature. This is for a writing intensive labor market economics class. I need about a page and a half meeting the above crit..
How much would government get if it introduced a 15 percent income tax? Revenue $ d) How much would government get if it introduced a 15 percent sales tax on final output?
Explain how does the existence of money reduce the costs of making transactions, relative to a society based entirely on barter.
Delphin has developed a new video game that can be produced with two technologies having the costs Cα = 10 + 8Q and Cβ = 60 + 2Q . The alpha (α) technology is well known, while the beta (β) technology is known only to Delphin. Demand is estimated as ..
What was the result of the merger and merged firm on the petroleum industry? Did the price of gas go up or down? What role did the Federal Trade Commission (FTC) and Department of Justice (DoJ) play in this merger? What did the FTC and DoJ require to..
The price of oil has fallen into the range of $45-$50 dollars per barrel, down from over $90 per barrel just a few years ago. Explain the likely impact of this price decrease on the market for gasoline and the market for small cars
In a small country each labor hour has a capital stock equal to 900 units. This year the country produced 20 units of new capital goods with the depreciation rate of 10% with the production function of why square root of K what is the growth rate
What is the purpose of criminal law? Explain how crimes are classified? Give two examples of white-collar crime. What do you believe the punishment should be for this crime?
how does corporate sponsorship affect the demand for the sponsor's product? why have so many companies purchased naming rights rather than purchase time to broadcast commercials during football bowl games ?
A bank has the following data on the gender and marital status of 400 customers. An experiment consists of selecting one of these customers at random. What is the probability of selecting a customer who is single? What is the probability of selecting..
Assume the economy is in short-run equilibrium and there is less than full-employment output. Also assume that the marginal propensity to consume (MPC) is equal to 0.8. What is the value of the government spending multiplier in this case? Given the s..
Suppose that this year's money supply is $500 billion, nominal GDP is $10 trillion, and real GDP is $5 trillion. What is the price level? What is the velocity of money?
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