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Article: Entitlements, Public Investment, and the Changing Nature of the U.S. Government
1. How has the composition of government spending changed since the 1960's? Support your answer with examples from the article.
2. Then explain how the various categories of federal government spending (such as spending on entitlements, or infrastructure or basic research) qualify as either consumption or investment spending. In your answer, be sure to define the terms ‘consumption' and ‘investment.'
3. Explain how the changing pattern of government spending affects the real economic burden of the national debt.
On the other hand, suppose that the Fed has a goal of 10% inflation. Use similar logic as in the previous question to show what the Fed must do to the money supply.
the table provides information on the demand schedules for train travel for ann beth and cy who are the only buyers in
Which of the following is NOT a property of isoquants?
write an assessment of local economic development programs within your community. be sure to address key issues
A machine was installed 5 years ago. Its market value is now $15,000 and is expected to decline by 10%/year over the next five years. It is projected that this machine will be operational for another five years, after which time it will be scrapped (..
Find the value of Qc.
All of the following are characteristics of short-term economic fluctuations EXCEPT:
two important policy goals of the government and the fed are to keep unemployment and inflation low while at the same
What do we mean by discounting? What does present value mean? How do you determine the net present value of an investment? Why do private discounts rates and social discounts rates differ?
Which of these economic variables is procyclical and coincident?what did the U.S. business cycles in the early 1890s and early 1930s have in common?
M. Poirot wishes to sell a bond that has a face value of $1,000. The bond bears an interest rate of 8.04% with bond interest payable semiannually. Six years ago, $1,118 was paid for the bond.
A pharmaceutical firm has a monopoly on a new class of vasodilator. The market demand is given by P=240-0.01*Q, and thus MR=240-0.02*Q. The monopolist's marginal cost is constant and equal to 20. Calculate the profit-maximizing price.
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