Identify each of the following as expansionary or contractionary fiscal policy (or neither) and show their effect on the ADAS model.

         a. The corporate income tax rate is increased

         b. Defense spending is increased

         c. The Federal Reserve lowers the target for the federal funds rate

         d. Families are allowed to deduct all their expenses for day care from their federal income taxes

         e. The individual income tax rate is decreased

1- what is public management using your own words?

2- why is it important to study it?

3- how can the government hire the right person for a job?

All of the macroeconomic material is related to this model: GDP, inflation, unemployment. In chapter 12, you’ll read about how fiscal policy can affect the economy. The fiscal policy tools that you read about in this chapter are meant to adjust the aggregate demand side of the economy. But there is a debate about whether this is the side of the market that should be targeted. Some economists and policymakers would rather focus on policies that shift the aggregate supply (so-called “supply-side policies”). For this discussion board, explain one of the reasons why policymakers usually focus on demand-side policies to achieve their macroeconomic goals as opposed to the supply-side ones. Be sure to include concepts from the chapters. Provide one example of a demand-side policy and explain why and how it causes the aggregate demand to shift. Similarly for the supply side, you need to explain one of the reasons why some may prefer to use supply-side policies. Provide one example of a supply-side policy and explain why and how it causes the aggregate supply to shift. In both cases, make certain that you are giving reasons supporting the use of these policies as opposed to giving reasons against the opposite policies. Both supply-side and demand-side policies have impacts on inflation and unemployment. Explain what these impacts are for each type of policy (i.e. demand-side and supply-side policy). Knowing these impacts and the reasons you explained above, which type of policy do you favor and why?

Support your opinion with economic reasoning and concepts. If you use any other sources, be sure to cite them within the text as well as provide a bibliographical citation at the end.

Several senators ask Kavanaugh questions about his beliefs and opinions on issues like presidential power and abortion laws. What Supreme Court power allows it to affect acts and laws put forth by other branches of government?

a) judicial review

b) stare decisis

c) writ of certiorari

d) writ of habeus corpus

International Business

1. Identify and discuss 2 sources of secondary and 2 sources of primary market research.

2. Identify and describe one element of ‘the marketing plan’.

3. Identify and describe two of the five Stages of Exporting.

4. Identify and describe two advantages and two disadvantages of working with a Distributor.

5. Identify and describe the 4 categories of Incoterms.

6. Discuss whether the following terms are an unfair trade advantage: anti-dumping and subsidies.

Research one abolitionist and write a short essay describing how they fought to end slavery in America. What was popular sovereignty and how did it apply to slavery?

The consumer price index increases from 129.7 to 136.4. By how much percentage wise should your employer increase your wage if he wants to keep your purchasing power constant? Round to two decimal places and do not enter a % sign.

If the Federal Reserve were to purchase government bonds in the open market, we would expect interest rates in the economy to (increase/decrease)_______ and therefore spending in the future is likely to (increase/decrease)_______.

1. Suppose Leo Messi deposits $3,500 cash in the Humongous National Bank. The required reserve ratio in this economy is 12%.
   1. Fill out the blanks in the Humongous National Bank’s T-account to reflect this transaction. Assume that Humongous National did not have any previous deposits. Show your calculations.

Answer:   

Humongous National’s T-account:

2. As a result of Leo Messi’s deposit, what is the maximum amount (in $) that Humongous National can loan out?

Answer:   

3. Now, suppose that Humongous National loans the amount that you found in part b) to Ronaldinho Gaúcho.

Fill out the blanks in the Humongous National Bank’s T-account to reflect this transaction. Show your calculation.

Answer:   

Humongous National’s T-account:

4. As a result of this transaction, can Humongous National continue loaning out money using Leo Messi’s initial deposit of $3,500?

Answer: (circle the correct answer)   

YES     NO

5. Now, suppose that Ronaldinho Gaúcho deposits a loan from Humongous National Bank in the Financial National Bank. The required reserve ratio in this economy is still 12%. Assume that Financial National did not have any previous deposits.

Fill out the blanks in the Financial National Bank’s T-account to reflect this transaction.

Show your calculation.

Answer:

Financial National's T-account:   

Financial National’s T-account:

6. As a result of Ronaldinho’s transaction, what is the maximum amount (in $) that Financial National can loan out?

Answer:   

7. Now, suppose that Financial National loans $1,500 to Gianluigi Buffon.

Fill out the blanks in the Financial National Bank’s T-account to reflect this transaction.

Show your calculation.

Answer:

Financial National’s T-account:

8. As a result of this transaction, can Financial National continue loaning out money using Ronaldinho’s initial deposit?

Answer: (circle the correct answer)                                                                            

YES    NO

1. Suppose Financial National and Humongous National are the only 2 commercial banks in the economy. The required reserve ratio is 12%.

Calculate by how much money supply in this economy can go up as a result of Leo Messi’s initial deposit of $3,500.

Show ALL STEPS of your calculations and the unit of account.

Answer:

Complete the following short-run cost table using the information provided.

3-      Using graphs, show the relationship between production and costs, by using marginal Product of labor (MPL), Average Product of labor (APL), Marginal cost (MC), and Average Cost (AC) curves?

4-      State the three cases of Returns to scale. Explain when each case could be realized

a. Explain how the stock market acts as a financial intermediary, i.e. how it converts people’s savings into investment. b. List the four services banks provide in an economy.

Differentiate between private goods, pure public goods and impure public goods. Give one example of each. (approx 250 words)