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Identify and comment on two supply-side initiatives included in the current U.S. stimulus package. Ensure your response includes one strength and one weakness in each of these initiatives.
Microeconomics, Economics
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Question: Farmer Brian has 3 acres of land which he farms efficiently. Each acre can support 20 apple trees. However the 3 acres differ in their ability to support orange trees. He can grow 40 orange trees on the best la ...
Question: In 1993 the funds rate fell to 3% while the rate of inflation was also 3%. Bond yields also fell sharply that year. Since the funds rate was well below its equilibrium value, why didn't inflationary expectation ...
Question: Despite the decline in unionization, the presence of unions has an impact on labor conditions in the nonunion sector. List and explain three complications that arise in measurement of the pure union wage advant ...
Question: When a student (or employee) comes to class (or work) sick, they impose a negative externality on their classmates (or coworkers). a. Explain how there are negative externalities here. b. Come up with another b ...
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 ...
Question: If the removal of trade barriers is so beneficial to international economic growth, why would a nation continue to restrict trade on some imported or exported products? The response must be typed, single spaced ...
Question: From 1947 to 1973, the US economy went through five recessions, while Europe and Japan did not have any. Since 1982, however, cyclical downturns in Europe and Japan have been at least as frequent as in the US. ...
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