Illustrate what are the short-term and long-term implication

Assignment Help Macroeconomics
Reference no: EM1332293

Acceptability of marriage instituted in other states

Article 4, Section 1 of the Constitution provides that states will respect other states regarding legal rulings within those jurisdictions. However, marriage has become a flashpoint between states, particularly regarding the issue of gay marriage.* To what extent, if any, should states accord full faith and credit to marriages performed in other states? Should laws regarding marriage, divorce, and separation be harmonized across all states? What are the short-term and long-term implications of states disagreeing on recognizing marriages performed in other states?

 

Reference no: EM1332293

Reviews

Write a Review

 

Macroeconomics Questions & Answers

  Elucidate why does the fed like to fight inflation

Elucidate why does the Fed like to fight inflation in our economy and is inflation a concern right now given our current economic situation.

  Items of calculation of gnp

Which of the following items are included in the calculation of GNP in the UK, and which are excluded?

  Elucidate how would this technological changes

Elucidate how would this technological change affect the price elasticity of demand for natural gas

  Illustrate what do these numbers imply for the decision

Illustrate what do these numbers imply for the decision of when to open a shared facility versus two separate facilities.

  Analysis of interest rate charged by banks

Select any low income country (or countries) on which you can find data on the following (a web search should yield you the required information)

  Economic recession-effect of invention

Consumption accounts for about 60% of GDP, while investments accounts for about 20% for GDP. But many economists think that, to understand economic recession, it is more significant to look at investment than consumption. Why?

  Effect of price flooring and price ceiling on demand

Using the following schedule, define the equilibrium price and quantity. Explain the situation at price of $10. What will occur? Discuss the situation at a price of $2. What will occur?

  What is the difference among nominal and real quantities

Illustrate what is the difference among nominal and real quantities and why make the distinction.

  At level of inflation explain how long does it take

At level of inflation explain how long does it take for the price level to double.

  Best level of output per day

In Bayonne, New Jersey, there is a large beauty salon and a number of smaller ones.  The total demand function for hair styling per day is Q=180-10P, where P is in dollars.

  Daily budget constraint and calculating reservations wage

Shelly's preferences for consumption and leisure can be expressed as. This utility function implies that shelly's marginal utility of leisure is C-200 and her marginal utility of consumption is L-80.

  Compute the opportunity cost and absolute advantage

You have the following information concerning the production of wheat and cloth in the United States and the United Kingdom:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd