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Budget Identity Sample Homework
Question: Explain the budget identity and fixed budgetary commitments, with specific reference to the South African 2009/2010 budget, as constraints on the pursuit of discretionary fiscal policy. (full page with references)
Present the data collected above for GDP per capita in a single chart with a line for each country’s data. Compare and comment on the differences between each country and over time. Discuss possible economic reasons for those differences
Illustrate what happens to the supply of new homes. What happens to the demand for new homes.
If it is good for comunity for people to own their own homes, home ownership should be subsidised with special tax advantages or subsidies.
"Sweep" accounts are combination checking/money market accounts which large banks currently offer to their corporate customers. These accounts sweep just enough funds out of the money market portion of the account to prevent checks written on the ..
In the movement to downsize government, advocates often recommend turning over some government services to private firms hired by the government. What are the potential benefits and costs of such outsourcing
This customer can buy or sell the commodity depending on its cost.
Describe the possible impacts of government borrowing upon the financial system and the economy. What are the principal sources of revenue for state and local governments today Where do they spend the bulk of their incoming funds
Elucidate the price elasticity of supply for your chosen industry.
He define you that the report will be handed out to the staff prior to the staff meeting next week and that it should outline the various forms of market structure.
Suppose a risk averse agent. Explain how many units of the contract will the agent buy if the price is q=k.
Good W and Y are made with intermediate goods A & B. The market value of A is $10 and the market rate of B is $13. The market value of W is $23, and the market rate of Y is $4.
a)A cost minimizing firm's production is given by Q=L^(1/2)K^(1/2). Suppose the desired output is Q=10. Let w=12 and r=4. What is the firms cost minimizing combination of K and L? What is the total cost of producing output? b) Suppose the firm wis..
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