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Write a short essay on the composition of both Federal Revenues and Federal Spending. As part of your answer make sure that you discuss the Federal government's key sources of revenue and also the key components of both mandatory and discretionary expenditures. In this context make sure that you also discuss to what extent the government is able to alter its revenues and expenditures in any given fiscal year.
Many economists argue that a rescue of a financial institution should protect the institution's creditors from losses but NOT protect its owners:
What is the level of saving if:
1. In the kinked demand curve model, if one firm increases its price, other firms will ...
Viennese artist Gustav Klimt's Portrait of Adele Bloch- Bauer was sold in New York for $135 million. Illustrate using supply and demand curve.
Suppose you and your roommate have started a bagel delivery service on campus. List some of your fixed costs and describe why they are fixed. List out some of your variable costs and describe why they are variable.
According to the political business cycle theory, if the Fed wanted to see a President re-elected, prior to the election it might
Explain the relationship between hand washing and communicable disease.
What are your thoughts on what the book has to say about advertising? Are ads manipulative? Or, do they also serve other purposes? Think back however many years since the first iPod was introduced to the market. Would you have known you wanted one if..
Assume a few years ago you have bought a machine for your company for $25,000. Now it can be sold on the open market for $5,000 and its current BV is $12,000. How much is the opportunity cost of your machine?
1. Frank owns a cafe along Chapel Street, where there are 10 other similar cafes within walking distance. What type of market structure is Frank competing in?
Consider a small open economy operating a fixed exchange rate. Compare the effects on domestic real GDP of an increase in government spending under each of the following circumstances:
Suppose that an automobile costs $30,000 in the United States and 25,000 Euros in France. Further suppose that the exchange rate is .8 (one US dollar = .8 Euros) What is the real exchange rate? In which country is the automobile less expensive?
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