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1. Explain how governments can use fiscal policy to redistribute income.
2. With the help of diagrams distinguish between demand-pull and cost-push inflation. Explain which fiscal policies would be appropriate to deal with these two types of inflation.
3. Graphically show and explain the difference between progressive taxation and regressive taxation.
Gross Domestic Product (GDP) is the broadest measure of output for an economy. However, GDP does not perfectly measure well-being of a nation and its citizens' welfare. Discuss what GDP is and what it measures? Discuss what the shortcomings (li..
How has Donald Trump's 2016 presidential campaign been so successful? Despite all the negative media attention he has gotten for his controversial remarks, he was still able to clinch the Republican nomination in a landslide with the most votes in..
Why is there unemployment even when the economy is at "full employment"? What are some "costs of unemployment"?
Are better than budget deficits over the long run because unlike budget deficits, they increase saving and investment.
A charter is a bank's application for going on a cruise. going into business. making a loan to a corporation. buying a building for a new branch.
The college of business each of these in turn has a dean who is responsible for faculty departments such as economics and finance. Why is an M-form more likely than a U-form to be an efficient way of organizing a university and to organize the sch..
Illustrate what policies can be designed to transform agricultural development and raise levels of living in rural areas in LDCs.
suppose megabus nds a way to determine if a potential rider is a student or not. they use this information to engage in
Name various areas of business in the US (or world) where the prevailing market structures have changed dramatically in the past twenty years and discuss the direction of the change.
You have been hired as a plant manager for a firm that produces widgets (Q) in Angola, Indiana. Widget production requires machine time (K) and labor time (L).
Suppose that you have following open economy where C = 10 + 0.8(Y-T); I = 10; G = 10; T = 10 and imports and exports are given through IM = 0.3Y and X = 0.3Y* respectively
Important do not calculate changes in the savings rate. Discuss how the trap from part (2) might be incorporated into the model. If it has not experienced any of the traps, discuss how one of the traps would have impeded growth if it happened.
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