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How do automatic stabilizers differ from discretionary fiscal policy tools? Distinguish between crowding out and crowding in. In what ways can fiscal policy affect aggregate supply? What problems are associated with the U.S. federal budget process? What solutions have been offered to these problems? It is often said that we are passing our national debt on to our children and grandchildren. Is this true? Explain.
france can gain specialization and trade as it recieves more than __________( 7lbs,1lb,4lbs,1/4lb,1/7lb)of fish per each bottle of wine it exports to austrailia.similarly australia can gain from trade as long as it recieves more then _______(4 blo..
My problem needs to be presented in paragraph form and reflected in a LP equation, showing the objective function and the constraints.
What would be the present value of an item that has a salvage value of $25,000 at the end of four years?Assume a discount rate of 3.8% for an end-of-year factor?
The presumption of efficiency for capitalism is based on the model of perfect competition. Explain the assumptions underlying the model of perfect competition. Provide an example showing how the US economy diverges from each of these assumptions.
Excess burden is caused by the fact that taxes Answer are spent in ways that taxpayers do not support. distort economic decisions. generate less revenue than the government spends. are regressive instead of progressive.
Why does the short-run market supply curve for a product slope upward to the right? Why does the long-run market supply curve generally slope upward to the right?
1. the demand prices for monthly math and science tutoring services are given belowtype of
Is this measure stabilizing or destabilizing. Suppose all states were committed to a balanced budget philosophy and the economy moved into a recession. What effects would this philosophy have on the size of the federal deficit.
The owner-manager of Good Guys Enterprises obtains ulility from income (profit) and from having the firm behave in a socially conscious manner, such as making charitable contributions or civic expenditures.
What phase of the business cycle do you believe Spain was in during 2013? Explain why with reference to theory and represent this phase of the business cycle using an aggregate demand and supply model.
Compare and contrast John Bates Clark's marginal productivity theory of income distribution with Marx's distribution theory.
two countries country x and country ycountry x can produce either 500 jackets or 250 pairs of jeanscountry y can
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