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Due to the size of the current budget deficit in the United States, Congress should make decisions on reducing government expenditures to present a balanced budget. One way to eliminate the deficit is to cut expenditures across the board so that the remaining expenditures exactly equal revenue. Discuss such an approach and provide a brief analysis of how you support or would amend such a strategy. Utilize concepts discussed in the course text to support your analysis and provide page citations.
please note that this is a follow up question to the last assignment i submitted. it would be great of the person who
Calculate the maximum amount of revenue that the government can raise using a per-unit sales tax on consumers?
If the demand for corn rise due to its use as an alternative energy source, what will happen to supply of corn's substitute such as soybean?
Monopolistically competitive industries consist of a large number of firms, none of which has a large market share. Oligopoly is different. This market structure involves an industry that is dominated by a small number of firms.
A firm in a purely competitive industry is currently producing 1000 units per day at a total cost of $450 and If the firm produced 800 units per day, its total cost would be $300, and if it produced 500 units per day, its total cost would be $275.
Given the asymmetric information situation a prospective employer faces in hiring from this labor pool, what is the average salary that they would pay without a signal?
The Day the Machines Went off
international trade is a complex area of study. effects of policies currencies tariffs trading arrangement and other
Because of the free-rider problem: the market demand for a public good is overstated. the market demand for a public good is nonexistent or understated. government has increasingly yielded to the private sector in producing public goods.
Illustrate graphically how the detergent cartel would set price and output and do you think this laundry detergent cartel with P&G and Lever will be stable for the next 5 years?
suppose that two countries a and b have the same rates of investment and depreciation the same levels of productivity
Determine what do the laws of supply and demand forecast would be the result of an immediate removal of rent control in terms of price of rental housing and quantity available?
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