Would it lower the actual cost to the economy of military

Assignment Help Business Economics
Reference no: EM13859009

Reinstituting a draft of military personnel would lower the military's budget. Would it lower the actual cost to the economy of the military? Is the production of other goods and services forgone by people joining the military? Does a draft change this?

Reference no: EM13859009

Questions Cloud

Find single price that all mutually preferred trades : Find a single price that all mutually preferred trades can occur. What are the gains from trade? Now suppose a $1.50 per-unit tax is levied on Larry for each unit sold (that raises MC by $1.50). Now find all mutually preferred trades and the trading ..
Evaluate the companys operational strengths and weaknesses : Evaluate the company's operational strengths and weaknesses based on Review the horizontal analysis, analyze the results, and discuss operational areas of concern.
Business firms could reduce waste : Consider this statement. “It is estimated that leaky pipes and dripping faucets are the source of hundreds of thousands of dollars of lost water each year. Business firms could reduce waste by inspecting more pipes thoroughly and repairing water leak..
Why the agency would be a good fit for the given scenario : The at-risk population the agency or organization serves (it could serve multiple populations), A description of services provided by the agency, An explanation about why the agency would be a good fit for the given scenario
Would it lower the actual cost to the economy of military : Reinstituting a draft of military personnel would lower the military's budget. Would it lower the actual cost to the economy of the military? Is the production of other goods and services forgone by people joining the military? Does a draft change th..
Value of a share of common stock in that company : It should be written in form of report writing and according to the question in details with introduction conclusion references
Added benefit of pollution abatement projects : It is often claimed that an added benefit of pollution abatement projects sponsored by the government is the increase in employment generated by these projects. Evaluate this by answering the following. Where do governments obtain the funds to undert..
Opportunity cost to providing this support from government : The radio manufacturing industry has been in decline for quite some time. Suppose the government is called on to save this industry with infusions of cash, low interest loans, or other special breaks. This might be touted as helping firms remain open..
Write a program to read data from input file : Write a program to read data from input file.  The first value read is the number of numbers to be read next.  Calculate average of those numbers and write to an output file the numbers read and the average.  Repeat this process until end of file. Us..

Reviews

Write a Review

Business Economics Questions & Answers

  Property tax decrease

What effect, if any, would each of the following have on the short-run average (ATC, AFC, AVC) and marginal costs of an auto dealership:

  What would be the implication of this change for this firm

Now suppose as a result of a mandated increase in the minimum wage the wage increases to $80. What would be the implication of this change for this firm?

  Individual is taxed-rate for each extra dollar earned

If an individual is taxed at a 17 percent rate for each extra dollar earned, the reference is to the

  Given the current state of the u.s. economy

What is the Federal Reserve (Fed) all about? Which Federal Reserve District Bank is closest to you? Who is the current Chairman of the Fed?

  Additional ads would generate similar respones rates

The first national bank received 3,000 inquiries following the latest advertisement decribing its 30-month IRA accounts in the Boston World, a local newspaper. The most recent as in similar advertising campaign in Massachusetts Business, a regional b..

  A prediction interval provides an interval estimate

A prediction interval provides an interval estimate for:

  Anticipated adjustment process imply about the cr

Illustrate what does your anticipated adjustment process imply about the CR for the industry.

  What is the equilibrium quantity of laptops

Consider the market for laptop computers. The demand for laptops is Q = 1800 – 3P. Suppose the supply of laptops is given by Q = –200 +2P. What is the equilibrium price of laptops? What is the equilibrium quantity of laptops? What is the price elasti..

  Theory that changing the oil

How to design an experiment to test the theory that changing the oil of the new backhoes and forklifts will reduce repairs.

  Based on the cost curves which is more likely in businesses

What is the difference between an economic profit and an accounting profit, give an example? 3. Discuss the difference between diseconomies of scale and diminishing returns. Based on the cost curves which is more likely in businesses?

  Supply curves are positively-sloped

What phrase best describes medical care spending in the United States? Which of the following will not change the demand for office visits to the physician? The dead-weight loss from an excise tax. Supply curves are positively-sloped because of

  The price of a hamburger rises

The United States government releases a report saying that coffee consumption makes you live a longer, healthier life. At the same time, we discover that a very bad winter has killed most of the coffee plants in Brazil. How will these two changes aff..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd