What can we predict about the future of our economy

Assignment Help Microeconomics
Reference no: EM13248645

Michael makes a great point. Economists often note that there is no such thing as a free lunch. When discussing borrowing, it is important to point out that borrowed money may increase spending today but will have to be paid back sometime in the future. At that time, it will decrease spending. What does that tell us about our current economic state? Not counting our national debt, Americans are estimated to have borrowed $11.4 Trillion. Based on what we know about spending and saving, what can we predict about the future of our economy? 

Reference no: EM13248645

Questions Cloud

The goal of the central bank is to stabilize output : An economy begins in long-run equilibrium, and then a change in government regulations allows banks to start paying interest on checking accounts
Design a capacitor as a main energy storage device : The capacitor has to have the following specifications: Needs to provide 100 horsepower for 10 hours Max operation voltage of 480V The min and max for the dielectric and metals are: 10 nm
Find the increase in block gravitational potential energy : A block of ice weighs 100 N. You can lift the block vertically a distance of 2 m. You can also push the same block up a ramp that is 4 m long, What is the increase in the block's gravitational potential energy in each case
What is the standard deviation of the investment : An investment opportunity will pay $10 with a 20% probability, $20 with a 40% probability, $30 with a 30% probability, and $40 with a 10% probability. what is the standard deviation of the investment?
What can we predict about the future of our economy : Michael makes a great point. Economists often note that there is no such thing as a free lunch
Described by the mundell-fleming model : Two small open economies, Fixed and Flex, can be described by the Mundell-Fleming model.
Cases in engineering economy 2nd by peterson & eschenbach : Cases in Engineering Economy 2nd by Peterson & Eschenbach
What is the standard deviation of the investment : An investment opportunity will pay $10 with a 20% probability, $20 with a 40% probability, $30 with a 30% probability, and $40 with a 10% probability. what is the standard deviation of the investment?
Explain how exchange rates are determined under each system : Discuss advantages and disadvantages of each system and explain how exchange rates are determined under each system.

Reviews

Write a Review

 

Microeconomics Questions & Answers

  Various forms of market structure

The president of your corporation, Mr. daily, has asked you to make a report describing the many forms of market structure. He describe to you that the report will be handed out to staff prior to the staff meeting next week

  What advice do you give lindenwood valley

Lindenwood Valley believes the Massachusetts statute violates the U.S. Constitution by denying it due process of law. Lindenwood Valley also claims that the Massachusetts statute should be struck down because it violates the Commerce Clause. The..

  What is profit-maximizing level of production

shut down her business in the short run but continue to operate in the long run. continue to operate in the short run but shut down in the long run.

  Build a simple supply and demand diagram

Listen carefully to the following video and summarize the main points that he is making and to what extent is it related to Adam Smith's invisible hand

  Fiscal and monetary policies smooth out the business cycle

a. Anticipated changes in aggregate demand effect only the price level; they have no effect on real output. b. downward wage inflexability means that declines in aggregate demand can cause long lasting recession. c. Changes in money supply M increas..

  Usual market forces do not hold in the labor market

Most people are concerned that wages determined in the labor market are unfair and most people typically earn the bulk of their income from wages and salaries.

  How economy is experiencing a sharp and prolonged trend

Suppose that you are a member of the Board of Governors of the Federal Reserve System. The economy is experiencing a sharp and prolonged inflationary trend. What changes in (a) the reserve ratio, (b) the discount rate.

  Rise in the price of coffee beans

A rise in the price of coffee beans, which is a material for a cup of coffee, is responsible for these observations.

  The most obvious benefit of specialization is

The most obvious benefit of specialization and trade is that they allow us to work more hours per week than we otherwise would be able to work or else.

  Calculate the elasticity of demand and elasticity of supply

Calculate the elasticity of demand and elasticity of supply at each price change in the market for financial calculators

  Consumers utility maximization problem

Set up the consumer's utility maximization problem for prices pi, p2 and income m and how can this person be better off than by consuming the bundle

  How a large portion of the money was diverted to be used

If the United States gave Pakistan $1 billion for environmental clean-up of its water system, but a large portion of the money was diverted to be used for purchasing weapons,what would this be an example of in economic terms

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