How the budget affects economic activity

Assignment Help Microeconomics

Reference no: EM13688010

How the budget affects economic activity. Describe when the government must have a budget deficit and when it should have a budget surplus.

Reference no: EM13688010

Questions Cloud

Car loan is financed at an interest rate : A friend of yours just bought a new sports car with a $4500 down payment, and her $27000 car loan is financed at an interest rate of 0.50 percent per month for 48 months. After 2 years, the "blue book" value of her vehicle in the used car marketplace..

Schedule slopes downward : Agree or disagree and describe. The AD schedule slopes downward because real income rises as the price level declines and everybody buys more as the real income rises.

Money to invest in an employee benefit plan : PARC Company has money to invest in an employee benefit plan and you have been chosen as the plan's trustee. As an employee yourself, you want to maximize the interest earned on this investment and have found an account that pays seven percent compou..

Chers marginal rate of substitution of necklaces for earring : Cher's marginal rate of substitution of necklaces (N) for earrings (E) is 5 (MRSEN = 5). Cher should own 5 times as many necklaces as pairs of earrings. The slope of the indifference curve is 5 and thus upward sloping.

How the budget affects economic activity : Normal 0 false false false EN-US X-NONE X-NONE How the budget affects economi..

Construct a trigger strategy : What is the Cournot Solution in a market of 2 firms with zero costs when P=200-10Q. Construct a “trigger” strategy that can support the collusive outcome;

Describe modern economic growth : Describe "modern economic growth" and describe the institutional structures needed for an economy to experience it. Identify the general demand, supply, and efficiency forces that give rise to economic growth.

Discover the government budget deficit or surplus : Discover the government budget deficit or surplus. Compute the Equilibrium level (Y) Compute the equilibrium level of disposable Income (Yd). Compute the level of Consumption (C) in equilibrium.

User Account

All Pages