Questions
When the economy is in recession, government revenue falls due to a falling tax base. Therefore...

  1. When the economy is in recession, government revenue falls due to a falling tax base. Therefore the proper role of government should be to increase taxes and cut spending so as to balance the Federal budget. Do you agree? Why?
  2. “Money not backed by gold or silver is worthless paper and is a fraud committed against the people of the United States.” Critically evaluate this statement.

In: Economics

Lowenthal (2012) discussed the checks and balances that Congress utilizes in intelligence oversight and its interactions...

Lowenthal (2012) discussed the checks and balances that Congress utilizes in intelligence oversight and its interactions with the executive branch of government. Lowenthal cites the United States Constitution at Article I, Section 8, paragraph 18 as the partial basis supporting their need for information related to intelligence endeavors. In reviewing the readings, what "levers" is Congress able to pull to facilitate their oversight functions?

In: Economics

The American Bankers Association reported that, in a sample of 125 consumer purchases in France, 62...

The American Bankers Association reported that, in a sample of 125 consumer purchases in France, 62 were made with cash, compared with 21 in a sample of 40 consumer purchases in the United States.

Construct a 99 percent confidence interval for the difference in proportions. (Round your intermediate value and final answers to 4 decimal places.)

The 99 percent confidence interval is from _____ to _____ .

In: Math

The American Bankers Association reported that, in a sample of 150 consumer purchases in France, 74...

The American Bankers Association reported that, in a sample of 150 consumer purchases in France, 74 were made with cash, compared with 28 in a sample of 60 consumer purchases in the United States.

Construct a 99 percent confidence interval for the difference in proportions. (Round your intermediate value and final answers to 4 decimal places.)

The 99 percent confidence interval is from to _____ . _____

In: Math

Discuss the implications of economic growth (Marginal benefits  AND Marginal Costs) for the U.S. economy, society, environment,...

Discuss the implications of economic growth (Marginal benefits  AND Marginal Costs) for the U.S. economy, society, environment, children's future, social programs, military might, global preeminence, technological growth, educational opportunities, etc. Think about what life would be like in the United States with very high, average, or very low rates of economic growth, as food for thought.

In: Economics

The American Bankers Association reported that, in a sample of 125 consumer purchases in France, 63...

The American Bankers Association reported that, in a sample of 125 consumer purchases in France, 63 were made with cash, compared with 26 in a sample of 50 consumer purchases in the United States.

Construct a 95 percent confidence interval for the difference in proportions. (Round your intermediate value and final answers to 4 decimal places.)

The 95 percent confidence interval is from ______ to _______ .

In: Math

Housing market in the United States between 2015-2019 • Use the model of supply and demand...

Housing market in the United States between 2015-2019 •

Use the model of supply and demand and provide a textual and diagrammatic explanation, using the supply and demand curves for the changes in the prices of the good

• Explain the elasticity of supply and demand of the good

• Discover and describe the market structure of the good and specifically if there are any cartels/price fixing activities in the industry effecting the price changes discussed

In: Economics

1) Business Cycle:   Analyze the graphic below. What conclusions can you make regarding the business cycle?...

1) Business Cycle:  

Analyze the graphic below. What conclusions can you make regarding the business cycle? Which cycle is the United States currently experiencing and what evidence can you give to support your answer?

2) GDP and Circular Flow

What are the four components of GDP?  How is GDP used as a measurement of the economic performance?

In: Economics

How is adverse selection mitigated in the US system of care? How might repealing the individual...

How is adverse selection mitigated in the US system of care?

How might repealing the individual mandate affect adverse selection and insurance premiums?

When it was passed, part of the goal of the ACA was to decrease health care costs in the United States. Discuss the ways in which costs might be reduced and the ways in which costs might actually increase as a result of ACA.

In: Economics

Recently the United States has renegotiated several trade deals before the outbreak of the Coronavirus. Then,...

  1. Recently the United States has renegotiated several trade deals before the outbreak of the Coronavirus. Then, as countries have isolated themselves, international trade has suffered. Analyze the repercussions from the virus with policy papers or books from economic think tanks. Identify possible unintended consequences using supply-and-demand graphs, comparative advantage determining trades, and elasticity.

In: Economics