The government decides to implement a new economic stimulus, Ask an Expert

Economics

The government decides to implement a new economic stimulus package targeted at American Farmers. The stimulus package gives every household a $300 prepaid credit card that may only be used for purchasing food. Why would consumers prefer cash over prepaid credit card?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9512249

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question please using your own word under what

Question: Please Using your own word. Under what circumstances is it necessary and desirable to monetize invaluable environmental amenities. How might this further environmental conservation efforts. The response must be ...

Question 1 explain the logic underlying the law of one

Question: 1. Explain the logic underlying the law of one price and the theory of purchasing power parity. 2. How will a decrease in the federal goverment's budget deficit affect the equilibrium interest rate in the bond ...

Question following the first energy shock in 1973 when oil

Question: Following the first energy shock in 1973, when oil prices rose $10/bbl, the rate of inflation averaged 8% for the next five years. Following the second energy shock in 1979, when oil prices rose more than $20/b ...

Question with the innovation of hydraulic fracturing and

Question: With the innovation of hydraulic fracturing and horizontal drilling to extract natural gas from shale in the United States, U.S. gas production has increased and gas prices have decreased. With this new product ...

Question make a valuation for honest tea company after

Question: Make a valuation for Honest Tea company after being aquired by Coke company. The industry for ready to drink Teas are oligopolistic and I need a demand and cost function to represent why it makes sense for Hone ...

Question find the errors was happened by public

Question: Find the errors was happened by public administrators The state government sold the city harbor 350 acres in 650.000 $ to the city, immediately, the city manager of city X designed an economic development packa ...

Question 1 explain how trade can impact on the australian

Question: 1. Explain how trade can impact on the Australian dollar 2. How does the Australian dollar affect the Current Account? 3. Describe how the Australian dollar will impact on Aggregate Demand & Aggregate Supply - ...

Question some companies offer programs that give employees

Question: Some companies offer programs that give employees a financial reward if they successfully quit smoking. Is a company more likely to offer this if it self-insures or if it contracts its health care to an outside ...

Question with current technology suppose a firm is

Question: With current technology, suppose a firm is producing 400 loaves of banana bread daily. Also assume that the least-cost combination of resources in producing those loaves is 6 units of labor, 7 units of land, 2 ...

Question you are a leading business executive for the

Question: You are a leading business executive for the following type of company: (A) Pharmaceutical manufacturer, (B) Airline, (C) Computer disc drives, (D) Mortgage broker, (E) Management consultant, (F) Department sto ...

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