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What are the differences between the Federal deficit and Federal Debt? How does a government budget deficit affect the economy, specifically the unemployment rate and job creation? Identify two periods in recent history in which the United States has run budget deficits. What were the reasons for the deficits during those time periods? Did it help or hinder job creation?
For most young people, working full-time and going to school are substitutes: you tend to do one or the other. When it's tough to find a job, does that raise the opportunity cost of going to college or does it lower it? When it's tough to find a job,..
What will the new Lerner Index be after some time with the new demand curve and market price of 30? What firms survive the new demand curve in the industry and why?
Suppose the market for cantaloupes is unregulated. That is, cantaloupe prices are free to adjust based on the forces of supply and demand. If a shortage exists in the cantaloupe market, then the current price must be (higher or lower)?
Using a spreadsheet program, chart the book value of a $14 000 asset over a seven-year life using declining-balance depreciation (d = 0.2). On the same chart, show the book value of the S14 000 asset using straight-line depreciation with a scrap valu..
If Cameron is a risk neutral inventor, which option will be selected? d. How would your answer change if Cameron is a risk adverse investor?
How do changes in each of the following affect AFN, holding other things constant: the growth rate, the amount of accounts payable, the profit margin, and the payout ratio?
(a) Is the plant economically justifiable to the firm without the subsidy? What is the PWI? (b) What is the annual subsidy?
Assume the demand for plastic surgery is price inelastic. Are the following statements true of false? Explain. When the price of plastic surgery increases, the number of operations decreases.The percentage change in the price of plastic surgery is le..
If an economy experiences a decrease in consumer spending, most economists believe:
Which of the following is a short-run adjustment?
Give an example of a "leading Indicator" and explain how it can predict how the general economy will behave. What is the relationship between the GDP gap and the recessionary gap? Discuss the role of the Federal Reserve in getting an economy out of a..
Describe whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, neither, or both.
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