What are the consequences of intervention

Assignment Help Microeconomics

Reference no: EM13752465

In 2008, Federal Reserve Bank Chairman, Ben Bernanke, and U.S. Treasury Secretary, Henry Paulson, responded to the financial crisis by intervening in financial markets in unprecedented ways. Do you think this intervention was necessary? What are the consequences of this intervention? What might have happened if they had not intervened?

There is always debate regarding the structure of the current income tax system in the U.S. Many opponents of the current system argue that under its current structure, many wealthy households are able to avoid taxes and for most households, the tax system is simply too complicated and confusing. One solution that has been proposed is the "flat tax." What are the benefits and detriments of replacing the current income tax system with a flat tax system? Who benefits and who might be harmed? What implications does the flat tax system have for tax preparation companies such as H&R Block?

Reference no: EM13752465

Questions Cloud

How australias attitudes for war changed since world war i : How has Australia's attitudes and reasons for war changed since World War I?

External role players need info on growth of organisation : What external role players need info on the growth of an organisation

Description of the network components : Network technologies can be employed in various ways to meet business needs. Description of the network components needed to allow access to marketing materials and scheduling information

What was the role of russia in world war i : What was the role of Russia in World War I?

What are the consequences of intervention : Do you think this intervention was necessary and what are the consequences of this intervention? What might have happened if they had not intervened?

What the policy for hospital : Prepare a 2-3 page report describing, comparing and/or contrasting the specific standards that apply to the authentication, dating and timing of physician orders, and make a recommendation as to what the policy for your hospital should be

What cultural factors caused the differences in outcomes : What cultural factors caused the differences in outcomes? What legacies have the differences in types of encounters and degrees of cultural change left today?

Part of an expansionary fiscal policy : What will happen to the M1 money supply if it makes the loans in (b) above and those funds are deposited into another bank by the borrowers - part of an expansionary fiscal policy

free will and determinism : Select and briefly define one of the three positions on free will and determinism that we have discussed them in class: incompatibilist determinism, incompatibilist libertarianism or compatibilism.

User Account

All Pages