What would be true of entitlement spending

Assignment Help Business Economics
Reference no: EM13887768

1. What would be true of entitlement spending if the percentage of taxes allocated to discretionary spending rose to 100 percent and the federal budget was balanced?

2. How would entitlement spending be funded if tax revenues just covered discretionary spending and there was a government budget deficit?

Reference no: EM13887768

Questions Cloud

What effect will this have on greeces net capital outflows : Earlier this year, Greek citizens, fearing currency changes or capital controls, took billions of euros out of their bank accounts. Some of it they sent to banks in other countries, and some of it they even hid in flower pots, freezers, and yes, unde..
Revenue to fixed cost and profit : The smith company made and sold 10,000 metal tables last year. When output was between 5,000 and 10,000 tables, its average variable cost was $24. In this output range, each table contributed 60% of its revenue to fixed cost and profit.
International compensation program : Please write a paragraph and some examples about: international compensation program. lowest-cost producer's relocations to cheaper production are. how globalization is affecting HR department.
Demand resulted in change in the market price : Discuss a change in demand resulted in a change in the market price. Provide an example of how a change in supply resulted in a change in the market price. How does the price mechanism work to keep markets in equilibrium?
What would be true of entitlement spending : What would be true of entitlement spending if the percentage of taxes allocated to discretionary spending rose to 100 percent and the federal budget was balanced? How would entitlement spending be funded if tax revenues just covered discretionary spe..
About the expectations theory : Consider the expectations theory (of the term structure) with a term premium. What is the interest rate on a 5-year bond today if the term premium for a 5-year bond is 2% and 1-year interest rates are expected to remain constant at their current leve..
Find equilibrium price and equilibrium quantity : Robinson's demand for pineapples is given as Q = 40 - 4P while Friday's is Q = 20 - P. Supply is given as Qs = 6 + P, and Pc = $1. Find equilibrium price, equilibrium quantity, and the amounts Robinson and Friday will both end up consuming.
Determine profit maximization output and price : Determine profit maximization output and price. Show profits and deadweight in the graph
What is total demand in the industry : What is total demand in the industry? What is the 4-firm concentration if each sells 15 units?

Reviews

Write a Review

Business Economics Questions & Answers

  What is the marginal utility of a game download

Suppose movie downloads cost $2 apiece and game downloads cost $3. If the marginal utility of movie downloads at the optimal mix of consumption is 10 utile, what is the marginal utility of a game download?

  What price and quantity will prevail if the monopolist

What price and quantity will prevail if the monopolist isn’t regulated? What price-output combination would exist with efficient pricing (MC = P)?

  Elucidate reason for both wage and cost rigidities

Elucidate reason for both wage and cost rigidities including policy implications for se rigidities. Would you conclude on se reasons suggested by New Keynesian economists as relevant to unemployment situation in South Africa.

  How many workers to use can vary week to week

karens performance pizza is a small restraunt in ny that sells gluten free pizzas karens very tiny kitchen barely has enoug room for the three ovens in which her workers bake the pizzas karen signed a lease obligating her to pay the rent for the t..

  Consumer might want the goods a firm produces

The fact that a consumer is not required to buy the goods that a given firm produces, as well as the fact that the consumer might want the goods a firm produces, but may choose to buy from other firms instead.

  What do economists mean that private goods tend

Illustrate what do economists mean when they say that private goods tend to be produced in the right amounts.

  What is the effect on unemployment

Suppose short-run output exceeds full potential output by 3 percent. According to Okun's law, what is the effect on unemployment? Assuming that inflationary expectations are constant, what is the effect on wages?

  Q1 state two economic principles of taxation and which

q1. state two economic principles of taxation and which principle best justifies the excise tax on gasoline when the

  It goes on to say that using 3 tools federal reserve

it goes on to say that using 3 tools federal reserve manipulates the demand for and supplies of balances those

  Consider the problem of carbon dioxide emissions we will

consider the problem of carbon dioxide emissions. we will abstract away from the problem somewhat assuming there are

  Qconsider a race between 2 candidates whoever spends the

q.consider a race between 2 candidates. whoever spends the most money in their campaign wins the election and gets a

  Japanese inflation rate

Suppose that on January 1, the price of one hundred yen was $0.80 and PPP held. Over the year, the Japanese inflation rate was 5 percent and the U.S. inflation rate was 10 percent.

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