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1. What would be true of entitlement spending if the percentage of taxes allocated to discretionary spending rose to 100 percent and the federal budget was balanced?
2. How would entitlement spending be funded if tax revenues just covered discretionary spending and there was a government budget deficit?
Which of the following represents the consensus among most economists today with respect to the management of unemployment?
Robert and Janet are discussing unemployment and inflation in their country. On the basis of a recent newspaper report, Robert claims that a 5% reduction in unemployment will lead to a 2% rise in inflation. On the other hand, Janet insists that infla..
q.read through the budget speech presented by the minister of finance on 22 february 2012. explain in detail whether
If a pound of U.S. pork cost 40 rupiah in Indonesia before the Asian crisis, how much did it cost when the dollar value of the rupiah fell by 80 percent?
q1. why does michael porter admonish companies not to change their competitive positioning any more frequently than
q.statistical inference confidence intervals and hypothesis tests. suppose that a sample of economists are forecasting
IM’s utility function can be expressed as u(x, y) =?1/X + y and his monthly income is 10 DOLLAR. Given that price for X is P won and Y is 1 DOLLAR, Calculates the X point price elasticity of demand.
By what percentage would GDP be boosted if the value of the services of stay-at-home spouses were included in GDP? %
The market is in long-run equilibrium. What market structure best describes the pizza market in this town? Explain. What is average variable cost at this output level for each of the four shops? Explain how you derived this result.
Elucidate the black market fbr lnternet access, comprising the implicit supply schedule. the legal price. the black market supply and clemand. and the highest feasible black market priee.
What is the difference between the rate of return between dollar and euro deposits? Is the prevailing exchange rate at an equilibrium level?
What is the deadweight loss if buyers, instead of vendors, are required to pay the tax of $4 for each unit of the good sold.
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