Question about national debt

Assignment Help Microeconomics
Reference no: EM1375882

About the topic of national debt, it just likes we lent money from our offspring. Most of us think the debt is bad. However, someone has different ideas. If you can lend some money from your children, you will be better off and your children will be worse off after that. But, if your children can also do the same thing to your grand children, they will be no longer worse off but your grand children will be worse off. Suppose human beings can exist forever and every generation could borrow money from their next generation. The first generation has more money and no one loss anything. Is that great? Who say there is no free lunch in the real world? What do you think about this idea?

Reference no: EM1375882

Questions Cloud

Discuss how liquidity money curve derived : Discuss how is the liquidity money (LM) curve derived and determine what impacts it and how does it impact the global economy? Provide examples and support your claims.
Illustrate what kind of behaviour controls best facilite : Illustrate what kind of behaviour controls will best facilitate positive interactions both within the teams also among the teams.
Draw the oc curve for the plan you developed : Joshua Simms has currently been placed in charge of purchasing at the Med-Tech Labs, a medical testing laboratory. His job is to purchase testing equipment also supplies.
Illustrate what are you thinking about sustainable growth : Illustrate what are you thinking about balance between with sustainable growth also high welfare level. Elucidate how the firm's profitability is altered by product mix.
Question about national debt : About the topic of national debt, it just likes we lent money from our offspring. Most of us think the debt is bad.
Illustrate why quality control improvement tool distinguish : Discuss whether or not your organization has optimized these organizational resources for effectiveness also efficiency. Justify your position. Illustrate what quality control improvement tool distinguishes between the important few also trivial ma..
Determine the dollar value of gross national income : Suppose that the economy of Tunisia in which there are two products, Determine dollar value of gross national income in Tunisia evaluated at exchange rate?
Illustrate what is dotcom optimal order quantity : Stock is received 12 working days after an order has been placed. No backordering is allowed. Suppose 325 working days a yr. Illustrate what is Dotcom optimal order quantity.
Evaluate the pros also cons of course of action to your ceo : Evaluate the pros also cons of each alternative also suggest a course of action to your CEO.

Reviews

Write a Review

Microeconomics Questions & Answers

  Determining marginal product of labor

Determine whether the firm is operating efficiently, given that its objective is to minimize the cost of producing the given level of output. Determine what changes (if any) in the relative proportions of labor and raw materials need to be made to..

  Law of demand through income and substitution effect

In your own words, describe the law of demand through the income and substitution effects, using a price increase as a point of departure for your discussion.

  Profit maximizing in market for air travel

Formerly, market for air travel in Europe was highly regulated. Entry of new airlines was severely restricted, and air fares were set by regulation.

  Computing marginal cost of production

Construct a table showing the marginal cost of production. What is the minimum price necessary for the company to supply ten thousand copies? How many copies would the company supply at industry prices of $5,500 and $7,000 per ten thousand?

  Describe law of diminishing returns

What is the difference between explicit and implicit costs? Which of the costs is most closely associated with opportunity costs and why?

  How information systems are changing several aspects

Explain how data systems are changing several aspects of the accounting profession. Include a description of a variety of new technologies and their effects on accounting processes.

  Question about project management

Discuss in general the appropriate metrics that one may require to track. Also explain how investing in IT with an eyes towards the replacement or automation of another project or issue or task may work.

  Agricultural demand and innnovation

Because agricultural demand is inelastic, a technological advance which lowers production costs will reduce total revenue. Thus, farmers have no incentive to introduce such a technique.

  Hypothesis test

Traditionally, two% of the citizens of US live in a foreign nation because they are disenchanted with United States politices or social attitudes. In order to test if this prportion has raised since the September 11, 2001, terror attacks, United Stat..

  Clarification of economics

Assume that macroeconomic forecasters predict that the economy will be expanding in near future. How might managers employ this information

  Behavior of profit-maximizing firms

Consider a firm which employs capital and labor as inputs and sells 5,000 units of output per year at the going market price of $10. As well suppose that total labor costs to the firm are $45,000 annually.

  Computing revenue maximizing price

If the goal of the transit authority was to maximize total revenues, what is the new price it should set? Also, what would the total revenue raised in this new price scheme?

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