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In 2006, Congress estimated that the cost of the Iraq War was approximately $100 billion a year. Since the US gov't was running a budget deficit at the time, assume that the war was financed by gov't borrowing. How does the equilibrium interest rate and private investment change in response to gov't expenditure on the war?
Two indicators of economic development include Gross Domestic Product (GDP) and the Human Development Index (HDI). What is the difference between these two ways of measuring levels of economic development? Identify an advantage and disadvantage of..
Depends on the data above, describe why public health officials generally advocate the use of cigarette taxes to reduce teenage smoking.
There are 300 purely competetive farms in the local dairy market. Of the 300 dairy farms, 298 have a cost structure that generates profits of $24 for every $300 invested
Explain what would happen in the market for chicken if the price of beef suddenly increased and remained high. Use supply and demand analysis in your answer and consider the elasticity of demand and the cross-price elasticity of demand.
How can you justify the existence of government-granted monopolies for public utilities such as natural gas distribution and electricity in the light of traditional economic argument that the more competition there is, the more likely it is that an e..
To what peak if anyone does Wal-mart feel itself affected by Federal tax policy
How would a downward change in the money supply affect someone personally How would it effect a person's career What impact would rational expectations have on a person's decisons in this situation
As a government needs to increase tax income, it will often increase the sales tax on gasoline.
Suppose there is a market for an industrial compound, Weon. This industrial compound is used as an input for the production of cleaning agents.
The Shift of American Health Insurance Policies - How the Changes Affect Our Economy, What health program is better financially and morally?
Bill can consume only 167 grams of carbohydrates daily,then how many cups of each food will he consume daily?
Use a production possibility frontier to illustrate the probable results of your fiscal policy. By how much did consumption change? By how much did savings change?
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