How could war stimulate the economy

Assignment Help Business Economics
Reference no: EM131169220

How could war stimulate the economy? Explain in detail, making sure to mention the impact government purchases have on Gross Domestic Product (GDP). Also, make sure you make mention of how government purchases affect the private sector. Finally, describe how government purchases, in your opinion, have helped to stimulate or hinder the U.S. economy.

Reference no: EM131169220

Questions Cloud

Financial statement information and capital markets : According to Kothari(2001,p.108)’ A large fraction of published research in leading academic accounting journals examines the relation between financial statement information and capital markets ,referred to as capital markets research’. Explain what..
Describe the functions of money : Describe the functions of money and consider the U.S. dollar as an example. Although the U.S. dollar has little or no intrinsic value, why do people want it so much? Can you think of other example of things that act as money in our society?
Firm should charge and produce to maximize profits : The demand and cost equation is set to Q = 100 - 5P and TC = 100 +4Q. if fixed costs were underestimated by 30% - What price and quantity should the firm should charge and produce to maximize profits
Using both fiscal policy and monetary policy : Do you think the government, using both fiscal policy and monetary policy, faces any trade-offs in trying to control for inflation vs. unemployment. What do you believe is more of a problem towards long-term economic growth: persistent inflation or u..
How could war stimulate the economy : How could war stimulate the economy? Explain in detail, making sure to mention the impact government purchases have on Gross Domestic Product (GDP). Also, make sure you make mention of how government purchases affect the private sector. Finally, desc..
What might be called purely altruistic act : Analyze the motivations behind some of the decisions you have made and the actions you have taken, and try to determine the extent to which you are motivated by self-interest. Have you ever done what might be called a purely altruistic act? Does this..
About the monopolistically competitive market : Which of the following statements about the monopolistically competitive market, in the long run, is true?
In a progressive tax structure : In a progressive tax structure:
Suppose the marginal propensity to consume increases : Suppose the marginal propensity to consume increases from 0.66 to 0.87. The value of the expenditure multiplier will increase from {__} to {__}.( enter you respones rounded to two decimal places.) When the value of the multiplier increases all else a..

Reviews

Write a Review

Business Economics Questions & Answers

  Who purchases the warehouse and promises to renovate the old

The town finds an investor who purchases the warehouse and promises to renovate the old building and build condominiums. Is this economic growth?

  Determine whether or not the price change

Discuss one (1) recent price change that you have noticed while visiting your local supermarket. Determine whether or not the price change that you identified was a result of a change in either supply or demand.

  12 mrs smith is operating a firm in a competitive market

12. mrs. smith is operating a firm in a competitive market. the market price is 6.50. at her profit-maximizing level of

  Explain your rationale and support it with specific examples

Consider the types of non-tariff trade barriers and determine which has the most detrimental effect on the U.S. economy from the standpoint of the domestic consumer. Explain your rationale and support it with specific examples.

  Represents the gain to the producers after the subsidy

Consider an agricultural subsidy provided by the US government. Consider also that milk is one of the products subsidized. If there is NO trade with the rest of the world, the domestic price of milk in the US would be $2.25 per gallon and the equilib..

  Difficult financial situations that lead to losses

Monopolies can sometimes find themselves in difficult financial situations that lead to losses. Suppose Mr. Burns Power Company has a monopoly for providing electricity in Springfield. His costs of upkeep are so high that he is persistently losing mo..

  Theory of economic behavior on the actual mental processes

Why do behavioral economists consider it helpful to base a theory of economic behavior on the actual mental processes that people use to make decisions? Why do neoclassical economists not care about whether a theory incorporates those actual mental p..

  2 consider toms labor supply decision tom can earn 15 per

2. consider toms labor supply decision. tom can earn 15 per hour but he faces a 20 tax rate and pays 4 per hour in

  Government regulation preventing the reselling of tickets

Alex is willing to buy the last ticket to the Billy Bragg concert for $15, while Jake is willing to pay $25. Alex is first in line and buys a ticket for $15. Alex could sell his ticket to Jake for $20, but he can't because of government regulation pr..

  Small restaurant that specializes in serving local fruits

HomeGrown is a small restaurant that specializes in serving local fruits, vegetables and meats. The company has chosen to enter into a long-term relationship with Family Farms, a local farming operation. If HomeGrown’s lawyers charge $120 per hour, h..

  Government spending change by to get to real GDP potential

Presumably you have learned to diagnose the state of an economy and to explain how/why classical economists and Keynesians would deal with various problems in the macro economy. Assume that the spending multiplier equals 1.5. How much should governme..

  Wide success in convincing mainstream economists

Despite having wide success in convincing mainstream economists of many tenants of Austrian economics, why have Austrian economists failed to convince mainstream economists of these neglected tenants of Austrian economics?

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