How much will this action increase the overall budget

Assignment Help Econometrics

Reference no: EM131131151

Congress votes a special one-time $1 billion transfer to bail out the buggy whip industry. Tax collections don't change, and no change is planned for at least several years. By how much will this action increase the overall budget deficit and the primary deficit in the year that the transfer is made? In the next year? In the year after that? Assume that the nominal interest rate is constant at 10%.

Reference no: EM131131151

Questions Cloud

Define automatic stabilizer and give an example : For proponents of antirecessionary fiscal policies, what advantage do automatic stabilizers have over other types of taxing and spending policies?

Used as feedback to the educator : Why is assessment so important? How can it be used as feedback to the educator on what students already know and what they still need to learn? How can it help educators decide to make changes to their instructional approach?

Which type of tax rate most directly affects : Which type of tax rate affects the reward for working an extra hour?

What is the significance of the green light : What is the significance of the green light in The Great Gatsby? What does 1) the color green symbolize and 2) what does the light symbolize

How much will this action increase the overall budget : By how much will this action increase the overall budget deficit and the primary deficit in the year that the transfer is made? In the next year? In the year after that? Assume that the nominal interest rate is constant at 10%.

Who is the one boy who will help ralph : Who is the one boy who will help Ralph? By the end of the chapter, which adjective would best characterize Ralph and Jack's relationship

How many serves can she expect to return : What is the probability that she returns at least 2 of the 10 serves from her opponent? (Show work and round the answer to 4 decimal places) How many serves can she expect to return? (Hint : What is the expected value?)

Discuss freud view of society and humans : In a 1000-word research essay discuss Freud's view of society and humans' attempts to adapt to that society. Find and study at least three scholarly articles on Freud's work to help you formulate a research paper on Freud's view of society.

What steps do appreciative inquiry consultant have taken : What do you think went wrong? What steps do you think the Appreciative Inquiry consultant could have taken to make the consulting process go better?

User Account

All Pages