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Fiscal policy of the United States
During recent political campaigns, taxes and budget policy were key issues. White House budget packages are often designed to stimulate economic growth. From the library obtain a current summary of government spending and tax legislation signed by the president.
Write a brief description of the fiscal policy of the United States. Would you describe it as "expansionary" or "contractionary"? How can American consumers influence decision makers on fiscal policies? Explain and discuss if and how this has changed over the past 5 years.
A no of empirical studies of automobile demand yielded the subsiquent estimates of income and price elasticities
Suppose that because of the ongoing financial turmoil banks become more prudent: that is, other things equal, banks want to hold more excess reserves and make fewer loans.
Illustrate the impact of inflation on consumption, aggregate demand.
You are told to produce a quantity that maximizes profit. How many units do you produce and what is your profit? How many machine and labour hours are used in production?
Explain in briefly about two paragraphs the supply and demand analysis and the impact of government regulations at McDonalds.
Explain how it affects industry's margins forcing them to push up their product sale price etc.
The FCC has hired you as a consultant to design an auction to sell wireless spectrum rights. The FCC indicates that its goal of using auctions to sell these spectrum rights is to generate revenue.
Explain if you are traveling to Europe in six months and you believe the Euro is going to appreciate against the American dollar, list two ways you could hedge this situation and protect yourself against the appreciation.
Explain how can you go about finding L, normally it is either the budget constraint and utility functions slopes are equivalent,
What is your economic cost of buying a ticket? What is your economic cost of attending the game (once you already bought the ticket)?
Illustrate what is the size of the labor force. What is the official unemployment rate.
the Candiate of your side of the group to research and present a cohesive argument to the other side.
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