Question

In: Economics

Imagine that you are a new hire for the federal government and you are tasked to...

Imagine that you are a new hire for the federal government and you are tasked to propose an idea of how the United States can increase productivity and sustain economic growth.

In at least one paragraph, address the following:

  1. Explain your idea.
  2. As you have learned, economics embraces trade-offs: the decision of what to do involves a decision of what not to do. What would be some negative repercussions of your idea to our country?

Solutions

Expert Solution


Related Solutions

Imagine you are tasked with shopping for a space to open a new restaurant for your...
Imagine you are tasked with shopping for a space to open a new restaurant for your boss. You have found a target neighborhood for the restaurant with two options for location. One location is available for lease, and the other is available for purchase. How would you advise the owner of the business on the options for each restaurant location? What factors must be considered? Compare and contrast options for each location. Provide variables for the expectation of the future...
Imagine you are the manager of a non-profit business, and you are looking to hire a...
Imagine you are the manager of a non-profit business, and you are looking to hire a recent college graduate. You list the position as paying $20,000/year. After interviewing candidates you decide that some will be offered the expected salary, while some will be offered more because of experience and interviewing skills. Others will be offered less than expected until they can demonstrate competence and their salary will increase when they are fully qualified. Using Microsoft® Excel®, run a chi square...
Imagine the country is made up of 100 households. The federal government needs to collect $1,100,000...
Imagine the country is made up of 100 households. The federal government needs to collect $1,100,000 in income taxes to be able to function. The population consists of six (6) groups: Group A: 19 households that earn $13,000 each Group B: 20 households that earn $33,000 each Group C: 20 households that earn $52,000 each Group D: 19 households that earn $81,000 each Group E: 18 households that earn $135,000 each Group F: 4 households that earn $301,000 each This...
Introduction Imagine the country is made up of 100 households. The federal government needs to collect...
Introduction Imagine the country is made up of 100 households. The federal government needs to collect $1,200,000 in income taxes to be able to function. The population consists of six (6) groups: Group A: 19 households that earn $15,000 each Group B: 20 households that earn $29,000 each Group C: 21 households that earn $53,000 each Group D: 21 households that earn $84,000 each Group E: 15 households that earn $132,000 each Group F: 4 households that earn $300,000 each...
As a government employee tasked with maintaining and advocating for workers’ rights, you are interested in...
As a government employee tasked with maintaining and advocating for workers’ rights, you are interested in learning more about the working conditions for restaurant employees in the state of Massachusetts. You decide that the best approach is to ask restaurant employees about their working conditions directly. You create a survey and email a notice out to workers who happen to be the “all Massachusetts workers” email list that is easy for you to use. In your survey, you ask people...
Imagine you are tasked to protect the Arizonian mountain lion from going extinct as a result...
Imagine you are tasked to protect the Arizonian mountain lion from going extinct as a result of COVID-19 infections. What actions can you take to limit interspecific transmission (between humans and lions), and intraspecific transmission? List one potential intervention for each category, using a full sentence with an explanation on the desired effect.
Imagine you are tasked with designing a database that encompasses the Florida Tech Learning Management System...
Imagine you are tasked with designing a database that encompasses the Florida Tech Learning Management System (LMS) that you use on a daily basis. The following requirements hold: Typical online student enrollment is 3,000 annually Access is password protected There should be a feature to create new accounts with different roles A role (faculty, student, staff) may have access to only certain features Students can be enrolled in multiple courses Faculty can teach multiple courses/sections Student records must be kept...
You are the owner of a business and you hire a new accountant to help you...
You are the owner of a business and you hire a new accountant to help you manage the business. The new accountant tells you that in order to operate the business properly you have to pay attention to financial ratios. The accountant prepares your financial statements, then produces for you a number of ratios. The ratios that the accountant produced are listed below. Question: For each one, what does the ratio tell you about your business. Current ratio - .75...
Imagine you work for an independent grocery store with 20 employees. The business owner has tasked...
Imagine you work for an independent grocery store with 20 employees. The business owner has tasked you with creating a relational database that will track employee names, IDs, positions (e.g., cashier, manager, clerk, or night crew), and salaries. Create a relational database table in Microsoft® Access® or MySQL® for the grocery store using the attached data points. Apply the universal rules (unique primary keys, unique column names, no duplicate rows) to your table. Include all necessary null values. Display in...
. Describe the changing role of the federal government in the 1960s. What new roles and...
. Describe the changing role of the federal government in the 1960s. What new roles and responsibilities did the government assume? In your opinion, can the government effect permanent social change? Why or why not?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT