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Explain the differences between typical demand side fiscal policy and supply side fiscal policy. For each of the following fiscal policy proposals, determine whether the primary focus is on aggregate demand or aggregate supply or both.
A $1000 per person tax reduction.
A 5% reduction in all tax rates.
Pell grants, which are government subsidies for college education.
Government sponsored prizes for new scientific discovery.
An increase in unemployment compensation
A researcher conducts an experiment on the IQ of one hundred randomly selected only children and finds that their average IQ is 145. Test the hypothesis that the IQ of only children is below 150 at a level of significance of 5 percent. Construct the ..
You have $21,512.72 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $240,000. You expect to earn 14% annually on the account. How many years will it take to reach your goa..
What are the four categories of human capital typically found in a group of ten workers. For each category, please identify a basic strategy that should be used with each group to maximize effectiveness
If the government decides to spend an extra $5 billion on fighter jets that they would otherwise have spent on road construction, and the MPC = 0.75, what is the effect on AD?
The application of current US antitrust law
What is the profit-maximizing rate of output for the firm?( b ) How much profit does the firm earn at that rate of output?
Suppose each government has a target level of output of 125 and that each government increases government spending by the same amount.
Name two products and two services whose production depends heavily on low- skilled labor. b. What would happen to the wages of the remaining low-skilled, legal workers after the deportations? c. What would happen to the prices of the goods and servi..
Imagine that you are a lobbyist for timber, an established industry suffering from low-priced foreign competition, and you are trying to get Congress to pass trade restrictions. Which two or three of the five arguments do you think would be most pers..
1. you are a manager for a regional health system. using an estimate of the price elasticity of demand of -0.25 how
Calculate the yield to maturity for each bond. Calculate the expected annualized compound rate of return over the five years for each bond. Which bond offers the higher expected compound rate of return?
q.assume which in the u.s. in 2007 investment is 1600 billion saving is 1400 billion government expenditure on gods and
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