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Several government policies have been proposed to attempt to mitigate the economic effects of COVID-19. Some are using traditional monetary and fiscal policies (such as cutting interest rates, quantitative easing and bailouts). Others are trying out non-traditional methods (such as direct cash transfers, loans to businesses conditional on maintaining employment and wage subsidies).
The Australian Government has implemented several economic measures in response to COVID-19. These include providing two separate $750 payments to social security, veteran and other income support recipients to support households. They are also expanding eligibility to income support payments and establishing a new, time-limited Coronavirus supplement to be paid at a rate of $550 per fortnight to eligible recipients.
From a consequentialist perspective, is the introduction of payments to support households and income during the COVID-19 crisis (described above) ethically justified?
Due to the size of the current budget deficit in the United States, Congress should make decisions on reducing government expenditures to present a balanced budget. One way to eliminate the deficit is to cut expenditures across the board so that the ..
Examine the characteristics of perfect competition. Think about the market for retail gasoline, a market of perfect competition - What are the key characteristics of perfect competition? In what way does this market display the characteristics of..
What does the multiplier show? What is the formula for calculating the multiplier, K? The response must be typed, single spaced.
A student makes the following argument: A price floor reduces the amount of a product that consumers buy because it keeps the price above the competitive.
In June of 2009 the U.S. House of Representatives passed H.R. 2454, which introduced a "cap-and-trade" system to reduce carbon emissions associated.
Suppose the seller and buyer are in a multiyear relationship. Each month, the buyer quotes a price and the seller selects her quantity. How might this change each player's behavior?
Consider a monopoly firm with the demand and cost curves below. Suppose that the firm is operating in the short run with the plant designed to produce 400 units of output optimally. What will be the price? How much profit is made? What output should ..
what is the difference between real and nominal gdp? does gdp accurately reflect the nations welfare? why or why not?
suppose that you are the chief economic advisor to the president of the united states. you are asked to propose a
A company establishes a sinking fund for replacement of equipment worth $700,000 that depreciates in 8 years. How much should the company deposit semi-annually into an account that pays 4.25 % interest compounded monthly?
Effects of wage stickiness and the shape of the aggrate supple curve,effect of expectations on aggragate demand. Phillips Curve, natiral rate of unemployment, expacted inflation , the relationshipe between AS-Ad and the Phillipe Curve.
write a 1750 to 2450 word paper in which you decide whether to purchase a house.1. discuss which principles of
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