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Discussion Post: Fiscal Policy during a Recession
Question 1. What fiscal policy has been used during previous recessionary periods?
Question 2. How does the fiscal policy during the COVID-19 recession differ from normal recessions? Provide a minimum of 2 forms of difference.
In rich countries, governments almost always set the fares for taxi rides. The prices for taxi rides are the same in safe neighborhoods and in dangerous.
Compute the Modified BCR for MM. Compute the Modified BCR for PP. Which alternative should NJGSP choose and why?
Consider a market where demand is P=10-2Q. There is a negative production externality of $2.50/unit of consumption. Supply is equal to ??=??2. What is market equilibrium? What is the socially optimum quantity and price??
What is the one great fear of quantitative easing? You must use the quantity equation to support your argument.
Suppose that the shrimp industry is in long-run equilibrium at a price of $5 per pound of shrimp and a quantity of 50 million pounds per year.
During the Christmas shopping period of 1989 British Rail received some criticism when it increased its fares into certain cities on Saturday mornings.
A transportation engineer received a request to install dynamic traffic signals to replace static vehicle control devices at an intersection. The engineer should prepare an estimate of an operating budget for a ten year period, if the signals were in..
what you must give up to get something; what you are willing to give up to get it. the amount of money that you pay on the margin; the amount of money that you receive on the margin. what you are willing to give up to get it; what you must give up to..
What three institutions influence economics the most? Explain how each influences economics and provide examples of each.
Bad Boys, Inc. is evaluating its cost of capital. Under consultation, Bad Boys, Inc. expects to issue new debt at par with a coupon rate of 8% and to issue new.
There are many types of 'large scale' economic shocks. Some of these may be discussed during the course of this class while others will note.
ECO2072 Compute the gross profit using the periodic system - Assume Fong Sai-Yuk uses a perpetual system. Prepare all necessary journal entries.
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