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Another Stimulus?
You must be aware that currently there is an ongoing debate among economists and policy makers as to whether the stimulus package has been beneficial for the economy. Summarize some of the arguments from the popular press (such as the New York Times, the Wall Street Journal, the Economist etc.) that are favorable as well as critical of the stimulus package. What is your opinion? Will you support another stimulus package? Why or why not?
Assume bread is subsidized in a small Caribbean nation with a high percentage of citizens who live in poverty. The subsidy is paid to suppliers of bread through government in amount of 50 pesos per loaf.
Elucidate what were some changes of the demand and supply fconditions that lead to the housing market bubble and collapse.
Could you offer your opinion, no citations, from two different perspectives on the internet trends.
As a government needs to increase tax income, it will often increase the sales tax on gasoline.
Illustrate what should it do in the short run. Restricting the issuance of Federal Reserve Notes because paper money is the largest portion of the money supply.
Suppose that the airplane can be purchased from an outside supplier. What is the relevant unit cost for this make-or-buy decision.
For a perfectly competitive syrup producer whose average total cost curve does not change, an economic profit could turn into an economic loss if;
Assuming that labor accounts for 80% of country Y's gross domestic product, compute immigrant surplus as a share of national income.
Elucidate the difference among a monopoly and an oligopoly, the welfare effects of monopoly.
Assume the rural wage is $1 per day. Urban modern sector employment can be obtained.
Elucidate how each of the following changes would shift the aggregate demand curve.
Elucidate from a financial point of view why a firm might want to stay in business in the short run when total revenue is below total costsElucidate from a financial point of view why a firm might want to stay in business in the short run when tota..
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