The government runs a budget surplus

The government runs a budget surplus

Assignment Help Microeconomics

Reference no: EM13692777

Suppose the government runs a budget surplus of $20 billion.
a) with the aid of a diagram, analyse this policy.
b) what groups in society would benefit from this change? what groups might be hurt?

Reference no: EM13692777

Questions Cloud

The price elasticity of demand for subway rides : Use this data to estimate the price Elasticity of demand for subway rides

Estimate the price elasticity of demand for subway rides : Estimate the price Elasticity of demand for subway rides

How do credit managers manage the risks : How do credit managers manage the risks related to extending trade credit? Aside from late or non-payment, what other risks do you see with trade credit?

Why should you help energy companies : Worldwide demand for energy rises. Texas has the resources to help meet the demand, but energy companies throughout the industry are worried about their employment levels.

The government runs a budget surplus : The government runs a budget surplus

An advisor to new york city mayor bill deblasio : An advisor to New York City Mayor Bill deBlasio.

Cause the aggregate demand curve to shift to the right : Cause the aggregate demand curve to shift to the right

The period of the business cycle : The period of the business cycle

What was the new policy as evidenced by the fed funds rate : What was the new policy as evidenced by the Fed Funds Rate

Reviews

Write a Review

Required(*) Message

Microeconomics Questions & Answers

Prevent bank reserves from falling

Suppose if the public's demand for United States currency increased by $100 Million what action in the "open market" would the Fed have to take to prevent bank reserves from falling?

How facts are consistent with model of perfect competition

Furniture manufacturing involves a huge number of options to satisfy consumer preferences, but this extensive set of choices slows production and raises costs.

Shutdown price of operations for corporation

XYZ Corporation faces a horizontal demand curve and the market price is given to be $15. Compute the shutdown price of operations for Corporation XYZ.

Explain the unemployment and inflation

Analyze how inflation could occur in a society that relies exclusively on barter versus money. Speculate what form inflation would take and how you would recognize it. Provide support for your response.

1 which of the following statements is true about

1 which of the following statements is true about investment? a planned investment must always equal actual investment

Presume that scatter diagram with math grades

Presume that a scatter diagram with math grades on the y-axis and science grades on the x-axis shows a strongly positive relationship. From this graph we can state that

If price of colas is 1 and price of concert tickets is 30

angela derives utility from coca-cola c and attending rock concerts r. her utility function is urc c0.9r 0.1 where c

Find profit maximizing output and price level for this firm

Suppose the market for agricultural machinery, including crop sprayers, in a region is monopolized by one company, Jack Rein Deere. The market demand for sprayers is given by Q = 1250 - 0.05P. The monopolist's supply curve for sprayers is given by Q ..

Determine the cost basis of the three cells

Delivery and insurance charges were $40,000, and installation of the cells cost another $50,000. (Hint: Parts (a) assume the Adjust Cost Basis is the total cost. Part (b) please refer to Table 7.2 MACRS Class Lives and Recovery Periods. Part (c) use ..

Assume that expectations of productivity are slow to adjust

Assume that expectations of productivity are slow to adjust. Further assume that A had been increasing by 2% a year. Now suppose that A increases by 6% in period t. This increase in productivity growth will cause:

Each with relevant demand function

100 identical customers, each with relevant demand function Q = 20- P (where Q is the hours per week and P is the per-hour fee). Assuming you priced membership consistent with consumer surplus, if fixed costs = $1,000 and variable costs = $0, how muc..

A nation with fixed quantities of resources is able

Does the principle of “increasing opportunity cost” hold in this nation? Explain briefly. (Hint:What happens to the opportunity cost of bread—measured in number of ovens—as bread production increases?)

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!

Submit Assignment

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd