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Question: The budget deficits of the 1980s and 2000s: To what extent were the U.S. budget deficits of the 1980s and 2000s caused by higher spending versus lower tax revenues? Using the Economic Report of the President, explain which categories of spending or taxes were most responsible. As a share of GDP, what was the balance for the primary budget in 1985, 1999, 2006, 2010, and in the most recent available year? How does this compare with the total budget balance?
Crop Prices Erode Farm Subsidy Program High corn and soybean prices mean farmers are making the most money in their lives.
Do you think Dick Smith is hypocritical in making use of his image of patriotism to brand his products and increase sales, and denigrate his competitors that are predominately foreign owned?
One argument often heard against using fiscal policy to tame the business cycle is that the lags associated with getting a fiscal policy implemented.
What rights arguments might Nakamura have made during the initial pre-lawsuit negotiations with Nichia? How are these rights arguments cultural?
Imagine you are an adviser to your government and that your economy faces a problem of declining terms of trade for its exports. Discuss the possible policy.
What are your recommendations for improving the CPS system at a macro level? Discuss the organizational development of CPS from a systems theory perspective.
Define cross-price elasticity, including substitutes and complements and provide a credible explanation of whether demand would tend to be more or less elastic for the share of consumer income devoted to a good.
Explain two different markets where has been a market disequilibrium. That is, there is a shortage or a surplus. Briefly explain the supply and demand curve.
Firm S supplies inputs to firm B. Because producing the input is quite complicated, some defects are inevitable. Firm S can reduce the rate of defects at a cost. In turn, defective parts lower firm B's profits (because of lost sales and unhappy cu..
Choosing a Reference Organization (EBAY)For the Session Long Project, you will be asked to select an organization to use as a focus for your application of economic ideas. You must use the same organization for all 5 SLPs.
If a bank has $100 million in deposits and $16 million in reserves with a reserve requirement of 0.15, (a) How much are its required reserves? (b) How much excess reserves does it have? How much can it lend?
Wanda's is a fish store that hires students to pack the fish. Students can pack the following amounts of fish.
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