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President Obama recently agreed in December with Republicans in Congress to extend existing tax cuts that were scheduled to expire December 31 and to create new tax cuts as well. Meanwhile, recent reports suggest that the economy may expand more than expected a couple of weeks ago and grow significantly in 2011, reducing unemployment.
(1)What does the tax agreement suggest about the possibility of crowding out in 2011 and beyond?
(2)Ben Bernanke is obviously an interested observer of all this. What should he and the Fed do in response to the tax cuts and the recent economic news?
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The paper should contain a literature survey and critical essay on "How did the human trafficking between Africa and the Caribbean increased the economy during the 18th century?
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China's central bank will raise its reserve ration requirement by a percentage point to a record 17.5 percent by June 25, stepping up a battle to contain lending growth. The increase will freeze up about 422 billion yuan of funds, equivalent to 9..
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Wilpen Company, a price-setting firm, produces nearly 80 percent of all tennis balls purchased in the United States. Wilpen estimates the U.S. demand for its tennis balls by using the following linear specifications. Q = a + bP + cM + dPR Where Q ..
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Discuss and post your responses to statement regarding best solution for preventing someone from making illegal copies of music datas.
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