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Fiscal policy, its limits, and its impact on the overall eco
What's the fiscal policy? Which factors limit its effect ( i.e. crowding out, the impacts of financing government's spending) . Why you would advocate either expansionary or contractionary policy under recession, and growth. Please discribe your position on expansionary policy and Contractionary policy. If niether, why? Describe the intended impact of the policy on the consumer, business, and the economy overall.
Suppose you're an economic advisor in charge of trying to raise a maximum level of tax revenue for the government. You consider taxing the suppliers in the market for corn, a major agricultural product in the United States.
Using the Lerner index, find the price elasticity of demand for Botox and interpret what this value means to total revenue if the price of Botox were increased one percentage point.
Assume the new leadership in Congress decides to repeal some of the tax breaks granted to large businesses throughout the past several years. What impact will the repeal have on the exporting of jobs to foreign countries? describe by using isoquant ..
What is the expenditure multiplier-explain this briefly? What does it multiply? When an economy is in equilibrium what the size of unplanned inventories is?
Elucidate how your policy would help increase aggregate demand.
Suppose the CFO of a German corporation with surplus cash flow has 1 million Euros to invest. Suppose that interest rates on 1-year CD deposits in U.S. banks
During the period of airline regulation, the government set airline fares and regulated an air carrier's entry into and exit from particular markets.
Use the price-cost formula to determine whether or not the firm's operations are productively-efficient. (e) Use the price-cost formula to determine whether or not the firm's operations are allocatively efficient.
Provide brief but theoretically sound explanation for each of the following.
Evaluate the range of marginal revenues
If I told you that GDP was forecast to rise by a bit more than 3% over the next year, what would that mean to you? What should you be asking about the forecast?
Allan Sports sells snowmobiles in a Northern Suburb of the Twin Cities. For the third year in a row sales have been dismal.
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