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The CBO in 2003 and 2013 used dynamic scoring models to evaluate short-run and long-run consequences of Bush tax cuts and stimulus spending of the recent recession. Explain the findings or conclusions the CBO arrived at?
Select the most serious disadvantage of globalization (in your opinion) and make at least one recommendation
Define the terms listed below. You should write a paragraph explaining each concept as if you were writing for your 15-year-old sibling (or a high school textbook). Fiscal Policy, The Multiplier Effect, Full Employment, Automatic Stabilizers
Find the equivalent equal payment series (A) using an A/G factor such that the two cash flows are equivalent at 10% compounded annually. First cash flow: Start at -$50 at year zero and goes up every year in increments of $50 so at year five its at $2..
Consider an economy in which people wish to hold bank checking deposits worth a total of 5 million goods and currency worth 2 million goods in every period. In addition there is a stock of unintermediated capital worth 10 million goods. Fiat money is..
A certain machine will have a cost of $25,000 (then $) six years from now. Find the PW of the machine if the real interest rate is 10% per year and the inflation rate is 5% per year using (a) constant-value dollars, and (b) then-current dollars.
Bob is a 37 year old and is an account manager with a large telecom company. He's been dragging his feet with his retirement plan, opting instead for expensive trips to vegas and aspen. He has decided its time to get serious about saving for his reti..
Rolston Music Company is considering the sale of a new sound board used in recording studios. The new board would sell for $26,300, and the company expects to sell 1,480 per year. The company currently sells 1,980 units of its existing model per year..
A farm must decide whether or not to purchase anew tractor. The tractor will reduce costs by $2,000 in the first year,$2,500 in the second and $3,000 in the third and final year of usefulness. The tractor costs $9,000 today, while the above cost savi..
In the country of Drazah Larom (moral hazard spelled backward), health insurance is nonexistent and all medical markets are perfectly competitive. Use supply and demand analysis to explain the impact of the following changes on the price and output o..
According to the Keynesian model, equal increases in government spending and taxes will result in which of the following?
If the working-age population is 215 million, the labor force is 145 million, and the number employed is 137 million, then the labor-force participation rate is
q.q1. consider two persons ann and bill and two-goodsx and y exchange economy. the total endowment of the economy is
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