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Which of the following changes to fiscal stimulus package of 2009 for $862 billion (under the bill called American Recovery and Reinvestment Act of 2009) would have a larger overall impact on AD? Explain your answer in a paragraph or two with credible logics and analysis.
A) A program of tax rebates, distributed uniformly across the population of those filing tax returns, amounting to $862 billion in total rebates. Alternatively,
B) An $862 billion increase in federal government spending on repairs to highways and bridges, including other related infrastructure.
Sandy James thinks housing values stabilized last months. To convince boss, intends compare current prices year prices. She collected 12 housing prices adds:
What is real mortgage interest rate in 2001, 2002, 2003 and 2004? What are the values in 2000 dollars of the Nancy's monthly mortgage payments in the year of 2001, 2002, 2003, and 2004?
As we all know, at current it is illegal for parents who want to adopt a child to pay the birth mother for, or to offer to pay for, the babies they adopt.
Based on economist Albert Rees, there is evidence that contracts sometimes exist "among employers not to increase wages individually or not to employee away each other's workers
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Pick a real-life rm that bundles products in some way. Describe how this pricing function is a form of price discrimination; in other words, why do some consumers effectively "pay more" for a particular product than other consumers do? Why is it a..
Illustratr what is there is an increase in the supply of money.
What is the real wage as determined by the price-setting equation and what is the natural rate of unemployment?
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