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To decrease the federal deficit, government would have to cut back on government buy, transfer payments, or increase taxes. How does the federal deficit affect GDP and multiplier? Would an attempt to reduce the budget deficit not increase it? Does today's deficit not create tomorrow's surplus?
Elucidate whether the following statements are positive or normative economic statements, and explain why you categorized them in that way.
Elucidate how the enterprise zones could be utilized to enhance the economic development implications of your policy issue.
Suppose there are only two firms. It is better to be a quantity leader in a Stackelberg model than a member of a cartel in a one shot market. Use a graph if you want.
the wages of players have raised enormously, in particular the salaries of high-quality pitchers.
Elucidate economic school of thought does Obama base his economic prescriptions? Detractors accuse him of some leaning towards socialism. However, Obamanomics is simply "Keynesian Economics".
Suppose there is a market for an industrial compound, Weon. This industrial compound is used as an input for the production of cleaning agents.
It cannot be as the inflation by definition real wages have factored inflation in.
"Too Big to Fail" is title of a book and a movie by HBO. It refers to the bailout of the major financial institutions that began in 2008, and at the time there was concern,
Describe the opportunity cost of good 1 in terms of good 2. Find out the opportunity cost of good 1 at the point where x1=1.
Expansion and contraction are commonly utilize terms in economics and the media.
Explain why does competition among traders affect how much of the gains to trade are given to the countries involved in the trade.
Suppose the price elasticity coefficient anticipation of the Christmas season. Estimated 4th quarter sales volume will be.
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