What happens to the aggregate demand curve when government spending is increased by $100 million, and the government raises income taxes $100 million in the same month to pay for the transfer payments? Take your time; draw it out; use the book.
Why might they spend less one month than another month?
LIST THE THREE FISCAL POLICY ACTIONS THE FEDERAL GOVERNMENT CAN DO TO REDUCE AGGREGATE DEMAND TO LESSEN INFLATION.
LIST THE THREE FISCAL POLICY ACTIONS THE FEDERAL GOVERNMENT CAN DO TO INCREASE AGGREGATE DEMAND TO LESSEN UNEMPLOYMENT.
. A CONSTITIONAL AMENDMENT HAS BEEN PROPOSED THAT WOULD REQUIRE CONGRESS TO BALANCE THE BUDGET EACH YEAR. IS IT POSSIBLE TO BALANCE THE BUDGET EACH YEAR? IS IT DESIRABLE? (THIS IS AN OPINION QUESTION) LIST 3 PROS AND 3 CONS FOR YOUR ANSWER
In: Economics
M1 includes funds that are readily accessible for spending. M1 consists of: (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) traveler's checks of nonbank issuers; (3) demand deposits; and (4) other checkable deposits (OCDs), which consist primarily of negotiable order of withdrawal (NOW) accounts at depository institutions and credit union share draft accounts. Seasonally adjusted M1 is calculated by summing currency, traveler's checks, demand deposits, and OCDs, each seasonally adjusted separately. The U.S. money supply (M1) was 4,020 USD Billion in March 2020 and it can be broken down as follows: $1,723 billion in currency, and $1,619 billion in checking deposits. Suppose the Fed decided to increase money supply by decreasing the reserve requirement from 10% to 5%. Assuming all banks were initially loaned up (had no excess reserves) and currency held outside of banks did not change, how large a change in the money supply would have resulted from the change in reserve requirement?
In: Economics
It is widely accepted that spending money to promote healthy lifestyles and prevent health problems makes good economic sense. Epidemiologists often measure if the money spent implementing a health promotion program is economically worth the outcomes – i.e. – is it cost-beneficial (does it save money)? This analysis, called a CBA, is often reported as ROI – Return on Investment.
Create a hypothetical intervention program that you believe would result in a positive ROI in a workplace, school, community organization, or clinical setting. Project your expected costs (investment) of the program (you may keep it brief – use 3-5 line items that you think might be reasonable and expected costs of implementing your program). Then project the savings (benefits) of your investment (again hypothetically create a cost-saving using 2-3 line items). Show your work using the ROI equation. Do you think your program would result in a ROI greater than one? Why did you select this particular health promotion program?
In: Nursing
Suppose that consumption is 200, Government spending is 100, Investment is 100. Moreover, suppose that exports are equal to 50 while imports are 150.
(a) What is the value of the current account? Does this country have a current account deÖcit or surplus?
(b) What is the GNP of this economy?
(c) What is the value of national saving? (d) Suppose that taxes are equal to 50. Calculate the private saving and the government budget deÖcit
In: Economics
I have a sample size of 58 for a process improvement on reducing spending. My improvement lasted for 9 weeks, 5 weeks I collected 40 receipts of expenses before and after my process improvement I collected 18 receipts. Can someone help me calculate a confidence interval?
In: Statistics and Probability
In: Economics
Assume a variable cost of $10 per table and an average spending of $60 per table.With the daily deal ($60 for $30 coupon), Groupon provides Mr. Chang with a revenue of $17 pertable. The analysis provided in the New York Timesblog indicated that Mr. Chang makes money($7 per table) through the daily deal (rather than incurring advertising expense).
Question 3:After some negotiations Mr. Chang receives the following alternative offers:1. A Groupon deal with a revenue of $22 per table.2. A Savored deal in which the total revenue when reserving xtables isr(x) = 400 + 17·(x−10).This deal has the condition that at least 10 tables need to be reserved for Savored customers.3. A Savored deal in which the total revenue per table is $18 is the number of reserved tables issmaller than 30 and $25 if the number of reserved tables is at least 30.
In: Economics
1.In country A, government increases spending on building infrastructure. However, the economic growth of the country remains slow. Explain why. (Don’t just say that building physical capital is not sufficient for a country to grow.)
2. In country B, political unrests always occur, and these decrease economic growth. Explain why political unrests reduce firms’ investments and human capital of country B?
In: Economics
The Paradox of Thrift theory states that free marketeers think that saving is better than spending because when people choose to save, the banks will then have more capital to invest in new technologies and even if those technologies may cause unemployment to rise, the decrease in wages will become an incentive for business to hire more employees, causing unemployment rate to fall back. Do you agree with this idea? Why?
In: Economics
Your budget is such that by spending all of your income, you could afford 12 pizzas or 36 liters of Beverage per week. Draw your budget line, placing Beverages (in liters) on the vertical axis? Write out a budget equation that would generate this budget line? Is there only one budget equation that will work? What is the slope of the budget line? If you want to use your budget to buy an additional pizza, how many less Beverages will you be able to purchase?
In: Economics