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Assess President Obama and the Congressional Majority Democrats' stimulus, budgetary, and health care initiatives in the context of promoting Economic Growth and Development. In your view, are the Democrats' policy initiatives aimed more at encouraging Economic Growth or Economic Development? Or are they aimed at both? Defend your assessment accordingly. In doing so address these questions:
Determine the challenges that these policy makers perceived at the time in terms of both the Business Cycle and broader social policy?Discuss theories for the Democrats use to justify their policies, both enacted and proposed, regarding taxes, spending, and the historic health care reform bill? Can one theory account for all of these policies?Perhaps it was more than academic theories and immediate macroeconomic conditions. What ideological legacies may have been motivating the Democrats in their choice of eventual policy initiatives when they finally returned to power in 2009? As such, maybe the related planks in their 2008 National Platform offer some useful insights. Along these lines, briefly explain why Republicans were almost unanimous in their opposition to these initiatives.
In your assessment, do not get caught up in the minute details of the bills, just their broader economic and political significance when taken together and their role in encouraging Economic Growth and/or Development. Since it remains an open question as to just how effective these policy initiatives have been or will be, do not feel that you must offer definitive data in some form here. Just present your best arguments and supporting data as concisely and clearly as possible.
Assume you are a stock market analyst specializing in the stocks of theme parks, and you are examing Disneyland's stocks.
Dairy farm Industry a small producer of milk and cheese, has estimated the quantities of milk.
By how much will each firm reduce its SO2 output? Which firm will buy permits, which firm will sell them, and how many permits will be exchanged?
Are natural disasters occurs of inflation or deflation. Where might the public see the evidence.
If average variable price are assumed to remain constant over a 10 percent increase in output, evaluate the effects of the proposed price cut on total profits.
Explain what is the stance of other developed countries on this issue.
Compute the optimal bundles of consumption. The total use of each good is independent of the rate of consumption of the other good.
How income may change savings behavior
Suppose the government cuts its purchases by $120 billion. As a result, budget deficit is reduced by $40 billion, private domestic decreases by $10 billion,
Explain why user cost, or scarcity rent, arises in the intertemporal allocation of a depletable resource such as minerals, and some types of energy and aquifer water resources.
Gus cab driver rents a cab and pays for gas. In each of following circumstances, describe the short-run effects & long-run effects on the price and quantity of rides Gus offers.
Also address the impact of real GDP, the unemployment rate, and the inflation rate as measured by the consumer price index (CPI).
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