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please answer each questions with 75 or more words
1. From both fiscal policy and monetary policy approaches, should the Government a. balance the budget b. not balance the budget?
2. How does the strength of a current economy affect a budget surplus or a budget deficit? What do you suggest to lower the current budget deficit?
3. When the Fed exercises its monetary policy, should this be made by a. rule or by b. discretion?
4. When the Fed aims for inflation targeting, should it a. aim for zero inflation or b. from 2-4 % inflation rate?
5. Should the President and Congress pass laws that a. encourage savings b. not encourage savings?
6. Should the Fiscal and Monetary policy makers try to a. stabilize the economy or b. not stabilize the economy?
All economics textbooks give examples that show diminishing marginal utility as consumption rises-However, it could be argued that a rational buyer should never experience negative marginal utility. Why?
Describe the major factors that affect the degree of competitiveness in the semiconductor industry.
Suppose the monopolist charges a single-price for its product. Given this assumption, find the answers to the following questions: a. What is the profit maximizing quantity and price for this single-price monopolist?
What two conditions are required for effective competition in a market? How does competition limit the abuse of economic power by self-interested individual buyers or sellers?
Describe the normal reasons why a currency undergoes asignificant depreciation and what were the importantcharacteristics of the Asian countries involved in the crisis?
Which of the following policy recommendations are consistent with the classical, Keynesian, monetarist, and/or Great Moderation consensus views.
In an economy, Aggregate Demand is greater than Aggregate Supply. Explain the changes that will take place in this Economy.
Explain how a consumer as well a business in the perfectly competitive arena maximize utility, discussing any similarities.
1. nbsp what is the distinction between net investment and gross investment? which is the total amount spent on
Suppose that the real exchange rate between the United States and Brazil is defined in terms of baskets of goods. Other things the same, which of the following will increase the real exchange rate (that is increase the number of baskets of Brazili..
The income terms of trade improve? Explain
Consider a large country applying a tariff t to imports of a good like that represented in Figure. ow does the export supply curve in panel (b) compare.
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