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Imaginethat your Learning Team is a group of economic advisors working for the U.S. president. You have been tasked with evaluating the current state of the U.S. economy and making recommendations on how to improve it.
Part 1 Analysis and Recommendations
Describe the current state of the following economic factors and analyze how each affects aggregate supply and demand:
Develop a set of recommendations for the president regarding government spending and taxes based on the economic factors' current state.
Part 2 Evaluation of Recommendations:
Before you submit your recommendations to the president, decide as a team to evaluate the recommendations from different perspectives. Assign half of your team to evaluate the recommendations from a Keynesian perspective and the other half from the Classical perspective. Based on these evaluations, what adjustments will you make to your recommendations, if any?
Write a 500 to 700 words report that summarize the recommandations
Discuss the effects on a country's current-account balance from the following changes in tax rates. a. A permanent increase in the tax rate on labor income and b. A temporary increase in the tax rate on asset income
suppose you attend a meeting at work to discuss whether to change the price of your product. you think demand is
identify and discuss three of the five ways we measure our economic performance. research and analyze each and answer
Analyze the impact of the selected domestic issue to the economy and suggest how the negative impact of the issue can be minimized. Provide support for your rationale.
How are the following demand curves likely to shift in response to the indicated changes?
Do corporations have responsibility in the financial meltdown and its aftermath of recession – the most serious since the Great Depression of 1930s? Free-market capitalism dictates that markets create efficient solutions and businesses that fail shou..
The text offers two reasons why private investment might be better for poor countries than assistance tendered by foreign governments or international agencies. One is that technical assistance often comes along with private investment as part of the..
The initial endowments
Rivalry is special destructive to probability if:
What is the profit maximization output for this monopolist? How much total revenue does it earn at this profit maximization level of the output? Suppose that the marginal cost increases to $20. How does total revenue change?
Identify a non-global company and select a market entry strategy.
Smokey's Garage, Inc., provides routine auto diagnostics for customers in the Atlanta metropolitan area. Tests are supervised by skilled mechanics using equipment produced by two leading competitors in the auto test equipment industry. Records f..
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