Qthe us government could not pass its annual budget as a

Assignment Help Business Economics

Reference no: EM13352437

Q. The US government could not pass its annual budget. As a result, the US government has partially shut-down: roughly about 800000 federal employees of non-essential services are out of work; and US is losing roughly 300 million a day. Also in about 2-weeks, the president and congress will decide over the bigger issue of raising the debt-ceiling of the Federal Government. If the US Government fails to raise the debt-ceiling, in what way the US economy may be affected? Explain your answer very briefly.

Reference no: EM13352437

Questions Cloud

Q1 the trend in the us is having children later in life : q1. the trend in the u.s. is having children later in life than previous generations. what effects may this trend have

Qthe government plans to rise state spending by 2bn in the : q.the government plans to rise state spending by 2bn in the next fiscal year. economists estimate that consumers will

Q1 in the 1980s it was the slogan reduce reuse and recycle : q1. in the 1980s it was the slogan reduce reuse and recycle and now it is go green. consider the reusable grocery bags

Q1 if the marginal cost of planting and harvesting an acre : q1. if the marginal cost of planting and harvesting an acre is 7000 per acre for each of the five acres how many acres

Qthe us government could not pass its annual budget as a : q.the us government could not pass its annual budget. as a result the us government has partially shut-down roughly

Qsuppose that the us government determines that cigarette : q.suppose that the us government determines that cigarette smoking creates social cost not reflected in the current

Q1 since a doughnut contains a large quantity of energy : q1. since a doughnut contains a large quantity of energy that can become available for our metabolism when eaten why

Q1 at equilibrium price an item is selling for 30 a unit at : q1. at equilibrium price an item is selling for 30 a unit. at this price consumers demand 100 units. if government

Q1 in the text we assumed that the condominium purchasers : q1. in the text we assumed that the condominium purchasers came from the inner-ring people-people who were already

User Account

All Pages