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DQ: Government Finance
Compare and contrast a centralized versus a decentralized government. Include a discussion of the Tiebout Model.
Explain the concept of fiscal federalism. Identify the most important part in its subject matter, and analyze its impact on the economy.
Consider the table below the supply schedules for three competitive firms, each producing honey. These three firms make up the overall industry-Calculate the total industry supply at each price and fill in the table.
Describe three problems of using fiscal policy to achieve a precise level of GDP and why is frictional unemployment inevitable in an economy characterised by imperfect job information and non-zero job-search time?
Determine the conditions of perfect competition. Name each and describe with an example how the real markets can violate one of more of these conditions.
You want to invest in a hot dog stand near the ballpark. You have 0.35 proability that you can turn your currnt $15,000 into $50,000 and a 0.65 probability that fierce completion will drive you to ruin losing all your money. If you decide not to e..
Briefly explain the three major decisions every Manager has to take while performing the finance function.
Between World War II and October 1979, the Fed targeted stable interest rates as a way of promoting a stable investment environment, were they successful? Why?
Illustrate what appears to be the major constraint that the central banks used to determine the limits of the monetary injections into the economy.
Sparkling Water Co. has determined that the price elasticity of demand for a case of its purified water by Michigan residents is -3.0, while the price elasticity of demand by Florida residents is -2.5. Assume that the marginal cost is constant at $8...
What is the annual equivalent value of a geometrically increasing series of payments which has first-year base of $30,000 increasing by 8% per year for 10 years with an interest rate of 12% compounded monthly?
Research and critique the international trade and investment policies proposed by both U.S. Presidential candidates. Describe the motivations fueling each candidates policies and then asses how effective you think these policies would be.
Create a graph that shows Price on the Y-axis and Q demanded and Q Demanded and Q supplied on the X-axis.
Assume that the long-run aggregate supply curve is vertical at Y = 3,000 while the short-run aggregate supply curve is horizontal at P = 1.0. The aggregate demand curve is Y = 2(M/P) and M = 1,500. If the economy is initially in long-run equilibri..
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