What is the federal budget

Reference no: EM131499687

Question: In each of the following circumstances, decide whether the impact of government on the economy increases or decreases and why. In each case how does your answer compare to that given by standard measures of the size of government?

a. Normally, when employers offer health insurance benefits to their workers, these benefits extend to the spouses of the workers as well. Several years ago, San Francisco passed a law requiring firms that do business with the city to offer health and other benefits to both same- and opposite-sex unwed partners.

b. The federal government requires that auto nvakers increase the average number of miles per gallon of the passenger vehicles they produce.

c. The ratio of government purchases of goods and services to Gross Domestic Product falls.

d. The federal budget is brought into balance by reducing grants-in-aid to state and local governments.

Reference no: EM131499687

Questions Cloud

Has the size of government fallen since then : As noted in the text, in 1996 President Clinton declared that the era of big government is over. Has the size of government fallen since then?

An investment project provides cash inflows : An investment project provides cash inflows of $645 per year for eight years. What is the project payback period if the initial cost is $1,800?

Discuss the implications for measuring government revenues : During 2004, the inflation rate in the United Kingdom was about 1.6 percent. At the beginning of that year, the national debt of the United Kingdom was about.

Makes product for an engineering distributor : A company makes a product for an engineering distributor. Assume the company's MARR is 20% per year and its cost of capital is 9% per year.

What is the federal budget : In each of the following circumstances, decide whether the impact of government on the economy increases or decreases and why.

Should project be accepted or rejected : Compute the NPV for Project M if the appropriate cost of capital is 7 percent. Should the project be accepted or rejected?

What is the new inflow or outflow as measure in us dollars : What is the new inflow or outflow as measure in U.S. dollars?

Outstanding bonds mature : Kholdy Enterprises' outstanding bonds mature in 6 years, have par value of $1,000, make annual coupon payment of $60. The market yield on bond is currently 10%.

How you would expect libertarian with an organic conception : Explain how you would expect a libertarian, a social democrat, and someone with an organic conception of the state to react to the following laws.

User Account

All Pages