Balanced budgets. some states are required to balance their, Ask an Expert

Economics

Balanced Budgets. Some states are required to balance their budgets. Is this measure stabilizing or destabilizing? Suppose all states were committed to a balanced budget philosophy and the economy moved into a recession. What effects would this philosophy have on the size of the federal deficit?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M975922

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question a farm equipment manufacturer has already spent 3

Question: A farm equipment manufacturer has already spent $3 million in research and development to design a new model of tractor. To produce the tractors, the company will have to contract to rent a factory for a year a ...

Question the moroccan monetary authority is using a heavily

Question: The Moroccan monetary authority is using a heavily managed float to keep the dirham at $0.12 per dirham. Under current foreign exchange market conditions, nonofficial supply and demand would clear at $0.15 per ...

Question there are a handful of employee-owned firms in the

Question: There are a handful of employee-owned firms in the United States. In them, committees of workers make decisions that professional managers would normally make (e.g., which markets to enter, how to price product ...

Question labor migration may be considered an investment in

Question: Labor Migration may be considered an investment in human capital. A. Identify and detail three costs and benefits of labor migration. B. Use the analytical framework of human capital investment to explain the m ...

Question thinking about famous corporate scandals like

Question: Thinking about famous corporate scandals like Enron and WorldCom, some analysts have suggested that these are the tip of the iceberg and that there are many other large corporations whose problems have not yet ...

Assume that the marginal utility of good x is strictly zero

Assume that the marginal utility of Good X is strictly zero but the marginal utility for Good Y is strictly positive. What is the consumer's indifference curves look like? If the prices of both goods are positive, what ...

Question few years ago delta airlines and northwest

Question: Few years ago, Delta Airlines and Northwest Airlines merged together and created the largest airlines in the world. The logic was to be more efficient and improve profitability. Briefly explain how the merger c ...

Question 1- suppose kevin is operating a cake shop at a

Question: 1- Suppose Kevin is operating a cake shop at a perfectlycompetitive market in South Korea and producingat the shutdown point. a. Draw graphs to show and explain the price andquantity of Kevin's cakes, as well a ...

Question draw two supply and demand graphs one for each

Question: Draw two Supply and Demand graphs (one for each problem) and show what happens to price and quantity a. in the market for chocolate ice cream when new technology improves production. b. in the market for cigare ...

Question give an original concise but thorough answer to

Question: Give an original concise but thorough answer to the following questions. a. Compare the shareholder and stakeholder models of corporate governance. Which one seems to predominate today? What implications does t ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Microeconomics Expert