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1. Approximately what is the current level of U.S. national debt? You can express your answer as a percent of RGDP.
2. Which one, – a federal budget deficit or a national debt – is a heavier burden on the U.S. economy than the other? Why?
Explicate why the PPF before the war is different from the PPF after the war. Explain how you appraise the role of modern government.
The higher the percentage of debentures, the greater the risk borne by each debenture, and thus the higher the required rate of return on the debentures.
The LoJack car recovery system allows the police to track stolen cars. As a result, they not only recover 90 percent of LoJack-equipped cars that are stolen but also arrest many auto thieves and shut down many "Chop shops" that take apart stolen vehi..
Two Cigar makers are trying to determine whether or not to advertize their products on TV, and the effect on their profits. The Govt. is likely to ban Advt. related to Smoking on TV, and would charge a Penalty Surcharge Tax of $30m for any smoking ad..
To what extent in life can people make choices to suit us and our own good? Or does the government and big business control us, de facto, or not, (and to what extent)?
Your text raises the notion of a "representative bureaucracy." Presumably at its heart this means that the people fleshing out the bureaucracy would have demographic characteristics of the general population.
Explain the relationship between wages/prices and unemployment using the basic Phillips Curve (PC) relationship. Explain Friedman and Phelps modification to the basic PC, their view of stagflation, and the concept of NAIRU.
Computer time saved is worth $325 per hour and the interest rate is 12% compounded monthly. Should the old unit be replaced now? If the system is used 16 hours per day, calculate the IRR represented by using the improved storage system.
q. eisler company consigned 80 freezers costing 500 each to company. the cost of shipping the freezers amounted to840
Subsequent forecasts were derived by using exponential smoothing with a smoothing constant of 0.25 using this exponential smoothing method, what is forecast for Whopper sandwich demand for Friday.
Given the latest data on the state of the U.S. economy, the Fed signals the next increase in the target for the federal funds. The increase won’t happen until the Fed’s meeting in December of 2016. Explain the following What open market operations th..
Dirt Diggers (DD) is a firm that excavates roadside ditches to lay drainpipe. Its output follows the production function: Q = 10L − 0.1L 2 , where L denotes labor hours and Q the length of the ditch in meters. The marginal product of labor is MPL = 1..
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