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Question: Economists in the Obama administration estimated that the government stimulus package in 2016 has a multiplier value of 1.57, while other economists have estimated the multiplier to be only 0.61.
a. Briefly explain how the government spending multiplier can have a value less than 1.
b. Why does an estimate of the size of the multiplier matter in evaluating the effects of an expansionary fiscal policy?
c. Which types of government spending have high multiplier effects and which types have low multiplier effects?
International arena and determine which type of political risk coverage would provide the best protection against loss for an American company with a substantial investment in that country.
Identify the normative policy school (Keynesian, New Classical, Supply side, Monetarist, or Mainstream) which most closely represents your own normative policy views? Defend your position and offer at least one counter argument against the alternativ..
Suppose that the firms markup over costs is 6%, and the wage-setting equation is W = P(1-u+z) where u is the unemployment rate and z is equal to 0.03. What is the real wage as determined by the price-setting equation? What is the natural ..
Bridget has a limited income and consumes only wine and cheese. Her current consumption choice is four bottles of wine and 10 pounds of cheese. The price of wine is $10 per bottle and the price of cheese is $4 per pound.
In many cases a group of people must make a decision that involves multiple objectives. In fact, difficult decisions usually are dealt with by committees.
Consider the fictious good Derp. The demand for Derp is Q = 1200-2p. Suppose the supply is given by Q+ -600 +2P. Enter numbers only. If decimal, include decimal and round to nearest tenth. What is the equilibrium price of Derp?
An industry consists of three firms with sales of $300,000, $700,000, and $250,000. Calculate the Herfindahl-Hirschman index (HHI). Calculate the four-firm concentration ratio (C4).
What is the quantity of hammers imported before the tariff? What is the quantity of hammers imported after the tariff? What would be the amount of consumer surplus before the tariff?
What differentiates the company's products from its competitor's in terms of utility? What differentiates the company's products from its competitor's in terms of packaging, size, and availability?
You have been asked to assist your organization's marketing department to better understand how consumers make economic decisions. Write a 1,050-word analysis that includes the following: Include Introduction & conclusion as well.
Write analysis of how Triple Bottom Line (TBL) creates challenges and conflicts in ONE area of spend in an organization. An area of spend may be an individual product or service or a category of spend (e.g. chemicals, gearboxes, professional services..
What is the profit maximizing output of the monopolist shown in the graph below?What price do they set?
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