Highway-building program and consequently ran large deficit

Assignment Help Business Economics
Reference no: EM131163004

At the beginning of a recession, if the federal government spent tens of billions of dollars on a highway-building program and consequently ran a large deficit, how would this fiscal policy measure be judged by each of the five main schools of 20th century economic thought?

Reference no: EM131163004

Questions Cloud

What is the size of the transaction deposit multiplier : Suppose that the public wishes to hold $0.35 in pocket money (currency and coin) and $0.25 in time and savings deposits. Suppose that banks wish to hold $0.20 for each new dollar of transaction money received. What is the size of the transaction depo..
Regards to direct materials for a bakery : Which of the following is not true in regards to direct materials for a bakery? Eggs would probably be a direct material. Flour and sugar would probably be direct materials. Oil to lubricate factory machines would not be a direct material. Paper cupc..
Discussion on creating value for customer-relevance-strategy : This is a team discussion on “creating value” for customers, “relevance”, and “strategy”. I posted three articles titled "Value Proposition", “Preference vs. Relevance” and “Negatives_Relevancy” for this team discussion under Week 1 module.
Assume the market risk premium and risk free rate : For a company having a beta of 1.1, a current stock of $40 per share, and an expected dividend this coming year of $2.80 per share, what is projected stock price one year from today? (Find P1). Assume the market risk premium is 12% and the risk free ..
Highway-building program and consequently ran large deficit : At the beginning of a recession, if the federal government spent tens of billions of dollars on a highway-building program and consequently ran a large deficit, how would this fiscal policy measure be judged by each of the five main schools of 20th c..
Interesting story dealing with international business : Term Project: Weekly Journal Portfolio (20%): You are required to maintain a weekly journal in APA format. Once a week, you have to pick an interesting story dealing with international business from the print/internet media. What did you learn from i..
What is the cost of inventorying single item : Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishing returns to taking inventory. If one worker uses one computer, he can inventory 150 items per hour. If you assign three ..
Make the results of a regression analysis more useful : Discusses some of the factors that can make the results of a regression analysis more useful or less useful to managers who are seeking to predict future costs for their companies. Looking for an explanation that will be about a page or more long.
The middle of one-year rental contract : You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory that requires you to pay $700,000 per month, and you have contractual labor obligations of $1,250,000 per month that you can’t get out of. What happen..

Reviews

Write a Review

Business Economics Questions & Answers

  Absolute purchasing and relative purchasing power parity

Discuss the difference between absolute purchasing power parity and relative purchasing power parity.

  Average variable cost and the profit maximising quantity

The government introduces a new regulation according to which all carpenters must have a license. Assuming that the market for carpentry services is perfectly competitive, explain the effect of the licence on an individual carpenter's (i.e. the suppl..

  Research authoritative articles using the news and the

Research authoritative articles using the news and the DeVry Online Library (http://library.devry.edu) for a recent case of antitrust investigation.

  Create a list of the legal and economic factors

Chairman of the Board at AutoEdge, told you during your interview for this job that the company has been floundering since product quality issues caused millions of automobiles to be recalled - "The board is considering several proposals in respons..

  What monetary or fiscal policy must it use

If a country wants to fix its exchange rate at a rate that is higher than the market rate, what monetary or fiscal policy must it use? If a country wants to fix its exchange rate at a rate that is higher than the market rate, what monetary or fiscal ..

  Profit-maximizing firm will break even when market price

The figure below shows cost curves for a perfectly competitive firm. Answer the next 3 questions using this figure: Suppose that market price is $2.60.A firm producing 800 units of output. A profit-maximizing firm will break even when market price is..

  Concept of opportunity cost

Explain the concept of opportunity cost as related to the doctor in the Khan Academy video who gave up his profession to open a business.What other factors do you think the doctor may have considered when he decided to leave his profession to open a ..

  Qlist at least one advantage and one limitation ofapplying

q.list at least one advantage and one limitation ofapplying international trade perceptions which simulation and

  Illustrate what was the value of the government expenditure

Illustrate what was the value of the government expenditure multiplier. Suppose that investment declined by $40 to a level of $60. What will be the new level of equilibrium income.

  Plot the time paths showing effects of permanent increase

Using 4 different figures, plot the time paths showing the effects of a permanent increase in the United States money supply on: (a) U.S. Money supply (b) The dollar interest rate (c) The U.S. price level (d) The dollar/euro exchange rate

  If the threat effect is larger than the spillover effect

If the threat effect is larger than the spillover effect, then the difference between the wages earned by union members and those earned by comparable non-union workers is greater than the amount by which unionization increases the wages of union mem..

  Initial demand and supply curves for prescription drugs

Given the initial demand and supply curves for prescription drugs and an equilibrium price and (3) questions ) quantity, select from the list below the ones that the direction of change will be to the right. Consumers become more enamored with the wo..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd