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Q. Briefly explain the current (2012) Discretionary Fiscal Policies that are being used by the Federal Government to try and promote a recovery from the recession.
What was the reported budget deficit of the Federal Government of the U.S. for fiscal year 2012? ( The Federal Government's fiscal year runs from October through September) How does the Federal Government finance this deficit spending?(that is, where does it get the money to spend when it runs a deficit?)
Explain the difference between Discretionary Fiscal Policy and Automatic Fiscal policy (built-in stabilizers). Provide an example of each.
What are the tools available to the federal government to implement fiscal policy. If you had the ear of the U.S. president, what advice would you give for the direction of U.S. fiscal policy.
What government policies are available to reduce domestic demand in the medium run. Identify which components of domestic demand each of these policies affect.
The student could also have earned $15,000 by getting a job instead of attending college and 10 percent interest on expenses he or she incurs at the beginning of the year. Calculate the explicit, implicit, and the total economic costs of attending..
Scottish political economist Adam Smith didn't trust situations where the people who provide the money for a business don't actually manage the company. In The Wealth of Nations, he observed that such managers don't watch over the investment
If the firms could collude also agree on Elucidate how to split the total profits illustrate what outcome would they pick.
Calculate the price of elasticity of demand for paint and show your calculations. decide whether the demand for paint is elastic,unitary elastic, or inelastic. explain your reasoning and interpret your results.
Illustrate what do you think about the relationship between tort law and commercial productivity in the United States. Do you believe that companies should enjoy greater protections against potential tortfeasors.
Following the war, the government of Country A would like to impose tax RMx on cars. Ilustrate and explain with graph for the car market due to the taxes. In your opinion, who will bear more of the taxes imposed-suppliers or consumers.
Do opportunity cost play a role in people's decision to specialize in certain activities. What describe the price at which trade takes place.
q.1. briefly discuss the impact of rational self-interest on each of the following decisionsa. whether to attend
If they close, then they only have the fixed costs. On a graph, we would have to compare the price with the average variable cost. What decisions need to be taken into consideration to determine if the business should remain open or close down
Suppose that Congress enacts a lump-sum tax cut of $750 billion. The marginal propensity to consume is equal to 0.75. Assuming that Ricardian equivalence holds true, illustrate what is the effect on equilibrium real GDP.
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