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1. The Department of Revenue estimates that the special tax dedicated to funding Director’s Initiative for 2014 will be $35 million. Guided by purely economic effectiveness concepts, which project(s) should the Director select and why? (The Director cannot spend more than the annual tax revenue; however, leftover funds can be carried over to the next year.)
2. Will your answer to the question above change if the tax revenues were to be $70 million? Why?
3. Will your answer to the question above change if the tax revenues were to be $120 million? Why?
Also, assume that the current Federal funds rate is at the 3 percent rate that is targeted by the Fed. Now suppose that the Fed retargets the rate to 1.5 percent. By how much will the quantity of Federal funds have to change for the equilibrium to ..
"National Accounts" and then "National Income and Product Account Tables.
for every penny that the price of gasoline goes up the U.S. postal service experiance a monthly fuel cost increase of $8 million. State what assumptions you need to make to answer this question
What are the effects of labor unions on wages and productivity? what are the Right-to-work laws in individual states?
Do you agree or disagree with the statement that: "A monopolist always charges the highest possible price."? Explain. b.) Why can't an individual firm raise its price by reducing output or lower its price to increase sales volume in a purely com..
What is one long-run implication for monetary policy shared by both Quantity Theory of Money and the Natural Rate Hypothesis? When we are in a liquidity trap, monetary policy is weak and fiscal policy is powerful." True or False ? Why?
the u.s. wants to make progress on this free trade agreement and argues that freer trade is necessary because the
Holding all else equal, a gradual decrease in federally-mandated auto safety requirements leads to an increase in
Aside from maximizing profits, assess the factors that managers must consider when making the decision to outsource or integrate forwards or backwards considering which factor would be most influential for decision-making.
assume an industry is composed of the following eight firms.companymarket sharefirm a30 percentfirm b25 percentfirm c15
A chemical production facility that is under construction is expected to be in full commercial operation one year from now. Once full operation, the facility will generate $85,000 cash profit daily over the plants service life of 8 years.
The lodging industry
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