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1. In terms of fiscal policy choices, which position is best - Gov't hands off or Gov't hands on?
2. How fiscal policy can increase aggregate supply?
3. Why do most economists believe that cutting taxes (supply-side incentive) will not increase tax revenues?
4. How saving can help economic growth?
5. How saving can hurt economic growth?
6. Which effect is more important? Choose between the effects from question 4 or question 5 above.
7. How automatic stabilizers work by including the terms "surplus" and "deficit" in your explanation?
8. What do economists mean when they say, "balance the budget over the business cycle"?
An illegal cartel has been formed through 3-leading ready mix cement suppliers in the local market. Total costs at various levels of service a day are as follows:
Discuss the modern theory of aggregate supply and aggregate demand that incorporates a price variable into Keynesian analysis.
Each has a crucial role to play if the discipline system is to be effective. Discuss the elements of a company's discipline system or process and explain whether you feel it is effective or not in handling difficult or ineffective employees.
Assuming its current market price is equal to its intrinsic value, what do you expect to happen to its price over the next year?
The Baypoint Group (TBG) needs your help with a presentation for Academic Computing Services (ACS), a nationwide organization that assists colleges and universities with technology issues.
The minimum wage is used by governments as poverty fighting measure. The use of such means of creating equity among the masses does not always result in desired outcome.
You are told that 50 cents out of every dollar pumped into the economy goes toward consumption (as opposed to saving). Estimate the GDP impact of a positive change in government spending that equals $15 billion.
In today's modern economics and the believes, the believe that utility might be measurable is not too extreme in the modern era . Do you affirm this?
What is moral hazard associated with third party payment for health services? Which of following countries has the highest average tax rate relative to GDP?
(Carry the Corn?) It turns out you also have more gold-colored goods: corn. Assume the samesetup as in the gold problem except that a fraction δ of your corn decays every month you storeit. (So storing corn three months will get you either δ3L or ..
The supply of luxury boats is perfectly elastic, the demand for luxury boats is unit elastic, and with no tax on luxury boats, the price of luxury boats is $1 million and 240 luxury boats a week are brough. now luxury boats are taxed at 20 percent..
Define the four Market Models that we discussed in this course. Give an example of each. In your opinion is onebetter than the other and why?
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