Q. One timing trouble with fiscal approach to counter a recession is an "operational lag" which occurs between the?
Q. A New York Times editorialist recently advocated a cut in the payroll tax. Among other advantages, he argued which it would "stimulate hiring, since employers shoulder half the burden of the tax" (Conley, 2004). Sketch a model which is consistent with this argument. Is it realistic?
Q. In retrospect, was France the best choice for the location of Euro-Disney? Explain Briefly