The cost of government spending is measured by

Assignment Help Microeconomics
Reference no: EM13692636

In real terms, the cost of government spending is measured by

A: Only the public sector output sacrificed when the government employs scarce resources.

B: Only the private sector output sacrificed when the government employs scarce resources.

C: Combining the private sector output with the public sector output sacrificed when the government employs scarce resources.

D: Subtracting private sector output from the public sector output sacrificed when the government employs scarce resources.

Reference no: EM13692636

Questions Cloud

What is a country with a positive net investment : What is a country with a positive net investment? What is a country with a negative net investment? What makes them positive or negative?
Parity-temporary advantages or sustained advantages : Identify three firms you might want to work for. Using the VRIO framework, evaluate the extent to which the resources and capabilities of these firms give them the potential to realize competitive disadvantages, parity, temporary advantages, or susta..
Discuss how the concepts of cross-price elasticity of demand : Discuss how the concepts of cross-price elasticity of demand and income elasticity of demand can help business plan production and pricing
Gross investment : Gross investment is the?
The cost of government spending is measured by : In real terms, the cost of government spending is measured by
Price elasticity of demand at these values of prices-income : The demand for Wanderlust Travel Services (X) is estimated to be Qx = 22,000 - 2.5Px + 4Py - 1M + 1.5Ax, where Ax represents the amount of advertising spent on X and the other variables have their usual interpretations. Suppose the price of good X is..
Aggregate demand curve and the aggregate expenditures model : The relationship between the aggregate demand curve and the aggregate expenditures model is derived from the fact that:
Wage earners-pensioners-businesses-creditors and debtors : Given the present state of our economy would you advocate to the Federal Reserve Bank to increase or decrease interest rates. Describe the likely result of your opinion on Job seekers, Wage earners, pensioners, Businesses, Creditors and Debtors.
Consider a binomial model with a bond with interest rate : Consider a binomial model with a Bond with interest rate Rb = 10%. The initial Stock price So = $100 and the initial bond price Bo = $10. If the stock goes up, the rate is Rs(+) = 20% and if it goes down the rate is Rs(-) = -10%. On the x,y plane dra..

Reviews

Write a Review

Microeconomics Questions & Answers

  Efficient in minimizing the principal-agent problem

Discuss the various forms of organization. Evaluate the organizational form that would be most efficient in minimizing the Principal-Agent problem.

  Explain economic growth

Within rich economies, there is strong evidence of convergence ________.for regions within a country.with developing economies. leading to military conflict.

  What is the difference of the total interest paid

Adrian is about to borrow $2,814 from his uncle. He has an option to repay the loan at the end of year 5 with 9.62% simple interest per year or with 5.36% interest per year, compounded annually. What is the difference of the total interest paid over ..

  Savings account-how much can be withdrawn

Presume you make an annual contribution of $10,000 to your savings account at the end of each year for 8 years. If the account earns 6 percent interest annually, how much can be withdrawn at the end of 8 years?

  What is the marginal product of the workers

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..

  How does industry-level price elasticity of demand shape

How does industry-level price elasticity of demand shape the opportunities for making profit in an industry How does the firm-level price elasticity of demand shape the opportunities for making profit in an industry

  Describe each and explain its strengths and weaknesses

There are three primary methods of inducing firms to emit the optimal level of pollution: standards, taxes and transferable permits. Compare and contrast these three techniques: describe each and explain its strengths and weaknesses.

  Would reducing federal budget deficit also decrease

a recommend some u.s. fiscal policy change in business taxes or government spending that would reduce the u.s.

  Explain with illustration the abnormal supply curve

Explain with illustration the abnormal supply curve

  Explain how role of government affects each market

you have been hired as a consultant by your local mayor to look at the various market structures. your role is to

  Explain how do ethical dilemmas complicate the workplace

Explain how McGregor's Theory Y assumptions can create self-fulfilling prophecies consistent with the current emphasis on participation and involvement in the workplace. How do ethical dilemmas complicate the workplace

  How to justify government subsidies of home ownership

Proponents of these subsidies lobby government and argue that these subsidies are justified because there are positive externalities from people owning homes instead of renting. Perform a Google search to find what externalities these proponents c..

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