Would it lower the actual cost to the economy of military

Assignment Help Business Economics
Reference no: EM13859009

Reinstituting a draft of military personnel would lower the military's budget. Would it lower the actual cost to the economy of the military? Is the production of other goods and services forgone by people joining the military? Does a draft change this?

Reference no: EM13859009

Questions Cloud

Find single price that all mutually preferred trades : Find a single price that all mutually preferred trades can occur. What are the gains from trade? Now suppose a $1.50 per-unit tax is levied on Larry for each unit sold (that raises MC by $1.50). Now find all mutually preferred trades and the trading ..
Evaluate the companys operational strengths and weaknesses : Evaluate the company's operational strengths and weaknesses based on Review the horizontal analysis, analyze the results, and discuss operational areas of concern.
Business firms could reduce waste : Consider this statement. “It is estimated that leaky pipes and dripping faucets are the source of hundreds of thousands of dollars of lost water each year. Business firms could reduce waste by inspecting more pipes thoroughly and repairing water leak..
Why the agency would be a good fit for the given scenario : The at-risk population the agency or organization serves (it could serve multiple populations), A description of services provided by the agency, An explanation about why the agency would be a good fit for the given scenario
Would it lower the actual cost to the economy of military : Reinstituting a draft of military personnel would lower the military's budget. Would it lower the actual cost to the economy of the military? Is the production of other goods and services forgone by people joining the military? Does a draft change th..
Value of a share of common stock in that company : It should be written in form of report writing and according to the question in details with introduction conclusion references
Added benefit of pollution abatement projects : It is often claimed that an added benefit of pollution abatement projects sponsored by the government is the increase in employment generated by these projects. Evaluate this by answering the following. Where do governments obtain the funds to undert..
Opportunity cost to providing this support from government : The radio manufacturing industry has been in decline for quite some time. Suppose the government is called on to save this industry with infusions of cash, low interest loans, or other special breaks. This might be touted as helping firms remain open..
Write a program to read data from input file : Write a program to read data from input file.  The first value read is the number of numbers to be read next.  Calculate average of those numbers and write to an output file the numbers read and the average.  Repeat this process until end of file. Us..

Reviews

Write a Review

Business Economics Questions & Answers

  Q1 you want to buy a car that costs 24999 you have 3000 to

q1. you want to buy a car that costs 24999. you have 3000 to pay upfront as a down-payment as well as you are

  Loans market

Distinguish between the two types but knows the probabilities of each type. What would be the result in this market for loans.

  Produces and distributes electricity has mostly fixed costs

A firm that produces and distributes electricity has mostly fixed costs. It also tends to be the only provider of electricity in its market. This is an example of pure monopoly resulting from the firm:

  How can you make a case for legalizing loan-sharking

Interest rate if no one else will give me a loan? Will I be better or worse off as a result of taking out this loan. How can you make a case for legalizing loan-sharking.

  Qthe small city of le locle has been served by the same

q.the small city of le locle has been served by the same local newspaper for the last 30 years called the le locle

  Person economy could this also be his budget line

Elucidate his production potential. In one person economy could this also be his budget line.

  Operating expenses and no depreciation allowance

Willie will receive all his operating expenses, and in addition will receive $2,000 each year for the decline in value of the automobile.

  Illustrate what is the highest amount

Consumers are not able to resell good 1. For p

  If a policy is pareto optimal

If a policy is Pareto optimal:

  What is the dollar value of the deadweight loss

What is the dollar value of the deadweight loss when output level Q3 is produced? What is the total surplus when output level Q3 is produced?

  Price searcher-monopoly firm

As a price searcher, a monopoly firm?

  Health care expenditure

Over the past 30 years, health care expenditure in the U.S. grew at an average rate of 3.7% per year plus the rate of inflation, while expenditure on all other goods grew only 1% per year plus the rate of inflation. What seem to be the main reasons w..

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