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The purpose was to boost GDP through consumer spending. Can you find any evidence of its effectiveness? What about the tax rebate for new home purchases? Cash for Clunkers? How can government spending influence the economy?
Find an article that discusses the current state of the U.S. economy. Take this article and write a three-paragraph summary of the article. In your summary, include any references to GDP or U.S. economic policy.
Suppose we start at a position where we are at full employment. Explain what effect a contractiory fiscal policy would have on the price level and real GDP starting from full employment equilibrium. What would the effect be if we had and expansionary..
Critically discuss the strengths and weaknesses of using per capita national income (even once adjusted for purchasing power parity) as a measure of welfare. Discuss at least two alternative measures of national welfare that have been put forward? ..
Is China a capitalistic economy or a socialistic one? Explain characteristics of each economic system and present arguments for your selection. Note what characteristics you see in the Chinese economy and how they support or challenge future econo..
jen likes only chocolate and economics textbooks. her demand functions for chocolate and textbooks are given byqc m pc
Here are four individuals telling you their stories of how they became unemployed. In a multi-paragraph essay, apply the theories of unemployment to explain the type of unemployment that each of these individuals is facing and explain which of these ..
Suppose that a country's imports are given IM=20+.1Y, and their consumption is given by C=100+.8Y. If the government increases government spending by 300, by how much will output and imports change?
Derive the market demand curves for each individual and the market demand curve for Privet Drive. Suppose the market supply for Harry Potter books in Privet Drive is given by Qs =5 + P. Find the equilibrium price and quantity. How much does each co..
What are the reasons for the poor economic performance of most countries in sub-Saharan Africa? Is it in the interest of high-income countries to promote the development of poor countries? Why?
What is the probability that both marbles he chooses are green? Write your answer as a fraction in simplest form.
The Consumer Price Index in Period 1 is 107.5. It is 103.8 in Period 2. What is the inflation or deflation rate? State answer as a percentage rounded to one decimal place.
evaluate the following statement i am a manager in a governmental agency. i have no control over compensation policy.
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