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However, many critics contended that this "sequester" measure is only temporary and too small given the $4T US government budget to have a significant impact on the economy. Therefore, many economists considered this spending cut as too small to bring the economy back into recession. Do you agree or disagree with this contention?
Hint: You may also observe he most recent economic trend and the stock prices in the Wall Street, especially during the end of the second quarter of 2013. 2 pts.
Also, as part of your answer, you may include all pros and cons you might think in supporting your answer. You may also give a reference to the most recent economic trends in the context of consumer confidence, political bickering on the issue of debt ceiling, and government shut-down, unemployment rate and job creation for Aug and Sep 2013, stock market volatility, Housing market rebound, etc.
Abby consumes only apples. In year 1, red apples cost $1 each, green apples cost $2 each, and Abby buys only 10 red apples. In year 2, red apples cost $2, green apple costs $1, and Abby buys only 10 green apples.
a civil engineer involved in construction management must decide between two ways to pump concrete up to the top floors
The maintenance price rose by 6% per year instead of the fixed amount what is the present value of the maintenance costs.
This does not required to be loaded with information just basic overview with some graphs, and some notes on the history of Japan's economy and their update.
Explain the difference between fixed production technology and variable technology. Should the government set a goal of reducing the marginal social cost of pollution to zero in industries with fixed-production technology.
Explain how you think macro-economics applies to Walmart. What would it contribute to your understanding of this organization's prospects.
How do barriers to entry impact the level of competition in a market What might happen to market price as greater barriers to entry come into existence? Not all barriers to entry are created through market conditions.
These actions have caused violent protests. Should the U.S. follow their example? What would be the consequences of just printing more money to pay the debts of the government?
During the last ten years Orlando, Florida grew rapidly, with new jobs luring young people to the area. Despite increases in population and income growth that expanded demand for housing, the price of existing houses barely increased, why?
The concept of present value gives equivalent in dollars available immediately to a payment that is made at some point in future.
The market demand for a public good can be determined by A)adding up how much each consumer is willing to pay for each unit of the public good. B) Adding up how much each citizen expects to consume at each possible price C) Adding up the total pri..
If markets do not self-adjust, how can a decline in spending lead to a negative process that ruins an economy? How are they related to the Keynesian Cross and/or the Aggregate Demand/Aggregate Supply Diagram
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