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potatoes cost janice 1 per pound and she has 500 that she could possibly spend on potatoes or other items if she feels that the first pound of
manufacturer is considering purchasing equipment which will have the following financial effects year disbursements receipts 0 4400 0 1 660 880 2 660
production alternatives type of production a b c d e automobiles 0 2 4 6 8 forklifts 30 27 21 12 0 if the economy is at point c what is the
your firm usually uses about 200-300 tons of steel per year last year you purchased 100 tons of steel than needed at a price of 200 per ton in the
suppose you belong to a tennis club that has a monthly fee of 75 and a charge of 5 per hour to play
why and how does free trade help the us economy how might free trade hurt the us
crowding out would most likely occur when a the congress enacts budget cuts to balance the budget b workers lose jobs as a result of
crowding out is associated with a an increase in business investment resulting from an increase in government borrowing and higher interest rates b
reducing the budget deficit by cutting government spending could conceivably a increase income if interest rates rise enough and government spending
if a government finances an increase in its expenditures by selling bonds to the public then the aggregate demand curve will a not shift b shift out
in the long-run framework budget surpluses a should be run on a permanent basis since they boost saving and investment and stimulate economic growth
in the long-run framework deficits reduce a investment b taxes c government consumption d
which of the following will decrease the nominal deficit a an increase in taxes b an increase in the debt c an increase in government expenditures d
if income falls below its potential and the income tax rate is reduced this will a raise the passive deficit but reduce the structural deficit b
if taxes and government expenditures were constant and did not vary with income then a passive deficits would increase b structural deficits would
all of the following fiscal policies will contribute to increasing budget deficits except a cuts in aid to farmers b tax cuts c increases in defense
the structural deficit a falls as the economy expands and rises when it contracts b changes as actual income changes regardless of potential income c
a passive deficit is the portion of the deficit that exists when a inflation is not fully anticipated b inflation is fully anticipated c the economy
a government can finance its budget deficit by doing all of the following except a borrowing from its central bank b printing money c selling bonds d
a budget deficit is defined as a accumulated surpluses minus accumulated deficits b a shortfall of revenues compared to expenditures c accumulated
according to keynes the economy could become stuck at a low income level if a aggregate demand and aggregate supply are independent of one another b
suppose that a security costs 3000 today and pays off some amount b in one year suppose that b is uncertain according to the following table of
assume that government purchases decrease by 10 billion with other factors held constant including the price level calculate the change in the level
assess the impact of transaction costs as they apply to the coase theorem evaluate how government assignment of property rights impacts free market
explain the trade-off between equity and efficiency identify how individuals and organizations are likely to change their behavior as a result of