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Assignment
Purpose of Assignment
This requires the student to address six unresolved issues in macroeconomics, each of which is central to current political debates. Students are required to use information and tools that they have accumulated in their study of the text and evaluate both sides of those issues, determine which side they can support for each issue, and defend their positions.
Assignment Steps
Select two subjects from the following list of topics and write a 1,050-word analysis:
• Active monetary and fiscal policy• Increased government spending to fight recessions• Reducing federal government's discretionary powers• Zero-inflation target• Balanced government budget• Tax incentives for saving
Evaluate both the advocates' position and the critics' position.
Determine which position you support and defend your position.
Cite a minimum of three peer-reviewed sources not including your textbook.
Give a clear answer to this question; Define and give an example of application of concept of income elasticity of demand: of cross price elasticity of demand.
Capital and labor are perfect complements in production for this firm - production process
1) Explain the difference between a budget deficit and the national debt. 2) Use the Marginal Income Tax Rates in Figure 15.6 (see p. 463) to compute the following:
Elucidate how the multiplier effect would support Keynes explanation alsp explain how economies can fall into recession or depressions.
They say money can't buy happiness, but is a society likely to be happier if people have nicer homes, better cars, more entertainment and health care and other services. Of course, there's more to life than material goods. What are some other li..
Use the following general linear supply function to answer the question, Where Qs is the quantity supplied of the good, P is the value of good, PI is the value of an input, and F is the number of companies manufacturing the good.
Zaneb is a high-school teacher and is well known in her community for her honesty and integrity. She is shopping for a new car and plans to borrow the money to pay for it from her local bank. Does Zaneb create any moral hazard or adverse selection..
Spacely is capable of making its own flanges at a cost of $980 per million. Given these costs, Spacely should stop paying the additional $20 to find and negotiate contracts and just buy the flanges outright for $1,000 per million
Suppose that you are a member of the Board of Governors of the Federal Reserve System. The economy is experiencing a sharp and prolonged inflationary trend.
During the 1980s and 1990s, a period of economic conservative governments in much of the West and Japan, a leading approach among development economists was
A company operates plants in both the unites states(where capital is relatively cheap and labor relatively expensive) and mexico(where labor is relatively cheap and capital is relatively expensive).
What are the individual and organizational benefits of a formalized career development system?
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