Question: During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections. On the other hand, with the rise in unemployment, spen ...
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Question: If you owned a small firm that had become somewhat established, but you needed a surge of financial capital to carry out a major expansion, would you prefer to raise the funds through borrowing or by issuing st ...
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How would I draw the graph of a budget constraint for a family choosing between a public and private school?
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Question: From mid-1996 to mid-1999, the personal saving rate fell from 5% to 3%. What were the principal factors that caused this decline? The response must be typed, single spaced, must be in times new roman font (size ...
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Question: A company bought a $65,000 construction equipment (5-year class). What is the MACRS depreciation for year 4? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow ...
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Question: Think about the business cycle: during a recession, unemployment increases; it decreases in an expansionary phase. Explain what happens to TANF, SNAP, and Medicaid programs at each phase of the business cycle ( ...
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Question: A group of 10 people have the following annual incomes: $55,000, $30,000, $15,000, $20,000, $35,000, $80,000, $40,000, $45,000, $30,000, $50,000. Calculate the share of total income received by each quintile of ...
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Question: Assume there are only two producers of tennis rackets: Wilson and Prince. The market demand for tennis rackets is depicted by the algebraic formula P = 100 - Q, where P stands for price and Q stands for quantit ...
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Question: Why would the Fed choose to keep the funds rate away from equilibrium for extended periods of time? In view of the performance of the economy after this occurred, explain why you would or would not expect the F ...
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Question: Vietnam and Columbia both produce coffee. Vietnam's currency is called the Dong (VND) and Columbia's currency is called the peso (COP). In Vietnam, coffee sells for 5,000 VND per pound of coffee. The exchange r ...
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