1.
How does property taxes in the US relates to micro economics?
2. how does the reliance of property taxes revenue for the
local government relates to micro economics?
As part of the economy, each of us will be affected by the state
of the economy and the actions policy makers take to stabilize or
advance it. Conclude by sharing why understanding these actions and
outcomes matter to you as an individual who is part of the economic
system. How do they affect the society/economy? What could be done
differently? Share personal examples and experiences.
1 How does the spending by government and the taxes used to
finance that spending affect the overall economy?
2 Explain how low interest rates impact banks compared to
consumers
In 2009, President Obama with Congressional approval increased
government spending and decreased lump-sum taxes in response to the
financial crisis.
Graph and explain what happens in both the ISLM model and the
ADAS model (with the upward sloping SRAS curve) in the short run.
Be sure to discuss real output, real interest rate and the price
level in your answer.
Graph and explain what happens in the long run if the Fed does
not change monetary policy. Be sure to...
laissee-faire, Keynesian economics, mandatory spending vs.
discretionary spending. Define each of these terms but also discuss
and paint a picture of what these terms actually meant for our
country.