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Is the federal budget deficit a problem? And if it is, what can be done about it?
Here is the 2014 version of the answer: This is not really a Ricardian equivalence question. While the deficit has fallen sharply in the past three years, it is still well above balance and will get worse because of demographic factors. While the economic relationship of deficits to economic performance is not strong in the short-run, persistent deficit threaten to erode economic growth over time (termites versus wolves analogy). And debt to GDP ratios are in the 90% range which has led eventually to much slower growth. So some solution is needed restore a surplus so the debt/GDP ratio had move back towards a "safe" 60%. How? A balanced approach of some tax increases, and restraints on entitlement spending growth are needed. Discretionary spending has been cut about as much as it can without being counterproductive. Some pro-growth policies to boost GDP growth even though they might make the deficit worse in the short-run
BUT could I get a more up-to-date answer to this question (2018 version)?
a. When events A and B are mutually exclusive, then P(A and B) = P(A) + P(B). b. The union of events A and B consists of all outcomes in the sample space that are contained in both event A and event B. c. When two events A and B are independent, the ..
A sociologist believes that the crime rate in an area is significantly influenced by the area's poverty rate and median income.
Your local public library reported last year that the average number of children visiting the library each day was 77. You would like to test whether
International Data Corp. (IDC) has shown that the average return on business analytics projects was almost four-and-a-half times the initial investment.
This total dividend payout represents a 7% increase over last year's pre-split total dividend payout. What was last year's dividend per share?
When a strain gauge is stretched under uniaxial tension, its resistance varies with the imposed strain. A resistance bridge circuit is used to convert the resistance change into a voltage.
Is a new treatment for ACL knee surgery in college athletes better than the standard treatment with respect to a test of how well the knee works six months after the surgery?
you have a 20 sided die that you roll an infinite number of times.what is the probability of rolling any number between
a statewide survey of 1706 california adultsrsquo residents include the following question would you favor or oppose
General Motors pays for employee education. The HR director would like to conduct a study on the average GPA of employees who have used this benefit to complete their degrees using a sample of education records over the past 10 years.
Locate the most recent data from the Annual Survey of Hours & Incomes (ASHE) in either the Annual Abstract of Statistics or on the website at http://www.ons.gov.uk.
You want to test the claim that the mean weight loss is the same for the 10 programs. What statistical approach should be used?
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