What effects would the philosophy have on size of federal

Assignment Help Microeconomics
Reference no: EM13222114

Some states are required to balance their budgets. Is this measure stabilizing or destabilizing? Suppose all states were committed to a balanced budget philosophy and the economy moved into a recession. What effects would this philosophy have on the size of the federal deficit?

Reference no: EM13222114

Questions Cloud

What are the strategic risks of these proposals : What are the strategic risks of these proposals? Lean proposal? (At least four risks) Innovation proposal? (At least four risks)
Expected value for the build new plant option : Expected value for the build new plant option.
Find equilibrium locations by maximizing profit functions : Firms can now not only choose their prices but can also choose their location. This happens in two stages. In the first period, firms choose their locations and in the second period, they choose their prices. The transport cost of the consumer is ..
What are the labor requiremnt implication : In anticipation of the ad campaign describe above, management approved the purchase of 2 additional bronze machines. What are the labor requiremnt implication?
What effects would the philosophy have on size of federal : Is this measure stabilizing or destabilizing. Suppose all states were committed to a balanced budget philosophy and the economy moved into a recession. What effects would this philosophy have on the size of the federal deficit.
Describe how a written code of ethics might impact : Discuss the ethics of continuing to do business with this firm. In this discussion evaluate the economic, legal and ethical issues. Describe how a written code of ethics might impact your decision.
How might you construct measure of the change in price level : Define inflation. Assume that you live in a simple economy in which only three goods are produced and traded: fish, fruit, and meat. Suppose that on January 1, 2007, fish sold for $2.50 per pound, meat was $3.00 per pound, and fruit was $1.50 per ..
How might you construct measure of the change in price level : Define inflation. Assume that you live in a simple economy in which only three goods are produced and traded: fish, fruit, and meat. Suppose that on January 1, 2007, fish sold for $2.50 per pound, meat was $3.00 per pound, and fruit was $1.50 per ..
Which of the following is a characteristic of the horizontal : Which of the following is a characteristic of the horizontal organization?

Reviews

Write a Review

Microeconomics Questions & Answers

  Compare monopoly market or perfectly competitive market

How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competitive market.

  What would be the appropriate fiscal policy

What would be the appropriate fiscal policy to help our economy? Please evaluate how our economy is doing and why you selected your respective fiscal policy action. What are some of the challenges of using fiscal policy to stabilize our economy

  Native labourers in long run

What will be the immediate impact on wages in each of the regions in the short run (before any migration between the North and the South occurs)?

  Analyzing disneyland stocks

Assume you are a stock market analyst specializing in the stocks of theme parks, and you are analyzing Disneyland's stocks. The Wall Street Journal reports that tourism has slowed down in the US.

  What is multiplier-how does it differ from govt multiplier

Government decreases current tax, while holding government spending in the present and future constant. (a) How does this effect aggregate output, employment and the real wage What is the multiplier and how does it differ from the government expen..

  What is the reaction function of oligopolist

The equation QA= 1/2(12-Q)b) is the so called reation function of duopolist A in a COurnot model becasue given the value of Qb, Qa gives the best or profit-maximizing level of sales of oligopolist A. Show that this is the case with reference. Wha..

  What is the elasticity of demand with respect to income

What is the elasticity of demand with respect to income? Comment on and interpret your answer (i.e., the sign and magnitude of the elasticity).

  Compare the incentives of a deficit nation

Compare the incentives of a deficit nation to undergo international adjustment against those of a surplus nation. Determine who would benefit more and explain your reasoning.

  Calculate the values of change in consumer surplus

Draw a graph to analyse the effects of 40 per cent tariff rate in Korea on the price, domestic supply of and demand for beef, and compare the situation with no tariff case.

  Information of oligopoly pricing

Mr. Smith is president of a firm that is the industry price leader; that is, it sets the price and other firms sell all they want at that price. The other firms act as perfect competitors.

  Benefits from technological innovation

Businesses usually decide in using automation and labor in production. An automotive environment may have high fixed costs and low variable costs,

  Explain factors that shape wage differentials

Institutional economics, especially applied to metropolitan areas, highlight problems with human capital theory and help us better understand wage differentials. Explain factors that shape wage differentials by metropolitan areas.

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