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WASHINGTON-Less than one month after President Obama took office, Congress last night passed his flagship proposal, an unprecedented collection of tax cuts and new spending that Democrats say offers the country its best hope to stave off an impending depression.
After a frenzied month of legislating, the House and Senate produced an economic stimulus bill estimated yesterday to cost $787 billion, with $281 billion in new tax cuts and the remainder in one-time spending on infrastructure investments, expanded unemployment benefits, and other programs.
It passed both chambers on a largely party-line vote, winning the support of no Republicans in the House and three in the Senate.
Assuming an MPC of 0.75, how much of a cumulative impact on spending could be expected from President Obama's (a) Increase in government spending?
(b)tax cuts?
If the European euro were to depreciate relative to the United State dollar in the foreign exchange market, would it be easier of harder for the French to sell their wine in the U.S.?
Calculate Jill's economic profit and what makes economic profit different from accounting profit and find the profit- maximizing price and quantity in each market.
What role did Swiss government and politics play in 2001 liquidity crisis and grounding of Swiss air and did the government and politicians act unethically together with the banks.
Applying the basic circular flow model, explain why the value of businesses' output of goods and services equals the income of households.
Sydney wants start a new business, but would have to give up a job with a total compensation of $100,000 every year. After researching new business opportunity, Syndey developed the following estimates.
A FX dealer in London normally quotes spot, 1M, 3M and 6M forward. When you ask over the phone for current quotes for YEN or USD you hear "111.43 to 51, 52 to 48, 150 to 144, 337 to 205"
Factors hindering the flow of FDI into the country and the incentives offered by the country for attracting FDI
Stock Dividends The owner's equity accounts for Hexagon International are demonstrate here, If Hexagon stock currently sells for $25 per share and a 10 percent stock dividend is declared, how many new shares will be distributed?
Determine the role would technology play if there was a move to harmonization of accounting standards across countries? Explain your reasoning.
Describe some models that forecast the effect that decreasing protection Tariffs will have on factor prices Labour and capital?
The extensive application of protective tariffs destroys ability of international market system to allocate resources efficiently.
Assume that the Kiribati can manufacture 1000 tons of breadfruit or 500 tons of fish, and that Tuvalu can manufacture 750 tons of breadfruit or 1875 tons of fish.
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