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Social Security has revenues of $1.8 trillion and expenditures of $1.3 trillion. The nonsocial Security budget has revenue of $2.1 trillion and expenditures of $2.4 trillion. The official budget will report a _______________ (deficit/surplus) of $___________________. The national debt will ____________ (rise/ fall) by $______________.
Briefly contrast how firms in a perfectly competitive market will respond to long-run profits and losses. Include an explanation of each response affects the price level
Discuss in detail, the impact that currency movements are having on the economic data that you are collecting in Part A.
Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average cost, and (3) LIFO.
Calculate equilibrium quantity. Now suppose that the government imposes a tax on consumers of $1 per unit. Recalculate the prices for consumers and producers, and the quantity sold.
Assuming which the budget stays the same except for the interest on the debt for 10 yrs which will be accumulated debt
A weekly business magazine offers a 1-year subscription for $48 and a 3- year subscription for $116. If you thought you would read the magazine for at least the next 3 years, and consider 20% as a minimum rate of return, which way would you purchase ..
q1. in a unregulated competitive market supply and demand have been estimated as followsdemand p 25 - 0.10q and supply
If you had the power of the President, Congress, and the Federal Reserve, what would you do to stimulate the U.S. economy which is barely growing?
Discuss each of the following statements from the standpoint of equity and efficiency. Everyone in society should be guaranteed the best health care possible. When workers are laid off, they should benefits until they find a new job. Which of the fol..
Suppose that a golf club is designing a two-part tariff pricing mechanism in order toincrease profits. Suppose there are two types of golfers, mad-golfers and normal-golfers
Illustrate what is the minimum number of words per minute a student would have to read in order to get the award
Can you explain the practice of scalping tickets for major sporting events in terms of market shortages? How else might tickets be distributed? If rent controls are so counterproductive, why do cities impose them? How else might the housing problems ..
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