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Problem
In a minimum of 3-5 sentences answer the following questions.
1. How does a large budget deficit affect the use of fiscal policy?
2. What is the Keynesian view of fiscal policy?
3. In terms of fiscal policy discuss the merits and drawbacks to President Bush's tax cut in the 2002. Why did he hope to accomplish?
What is the equilibrium price and quantity for oven mittens? Using Microsoft Excel, construct a table that shows the quantity demanded, the quantity supplied.
think about two public goods- public schools and food assistance for needy families. consider the implications of the
The park and recreation department of Cass County has estimated that the initial cost of a park will be $2.3 million. Annual upkeep costs are estimated at $ 120,000. Benefits of $340,000 per year and dis-benefits of $ 40,000 per year have also been i..
The empirical evidence concerning the magnitudes of localization and urbanization economies.
Fiona requires a minimum level of consumption, a threshold, to derive additional utility: U(X,Z) is 0 if X+Z is less than or equal to 5 and is X+Z otherwise. Draw fionas indifference curves. Which of our usual assumption does this example violate.
The principle that all other factors being equal is added to a fixed supply of other resources, productivity will increase up to a point , after which the marginal product will diminish
Suppose Thailand is fixing its currency to the US dollar at E_B/USD = 1. Using diagrams of the money market in Thailand, money market of the USA.
you have been hired as a consultant by your mayor to evaluate the increase in aggregate demand in the city where you
what is globalization? how does it impact international business? what are important aspects of globalization? in
Suppose a firms production function is given by Q= L^1/2 * K^1/2. The marginal product of labor and the marginal product of capital are given by: MPL= K^1/2 /2L^1/2 and MPk= L^1/2/2K^ 1/2.
Medicare recipients pay a monthly premium for coverage, must meet an annual deductible, and have a co-payment for doctors' office visits. What impact would an increase in the monthly premium have on their consumer surplus? What would be the impact of..
Use a graphical illustration to describe briefly what the influence an increase in immigration on the market supply of labor
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