Why do few economists believe it would be a good idea to balance the federal budget every
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 73% (15 reviews)
Balancing the governments budget during a recession would require raising taxes or red...View the full answer
Answered By
Allan Simiyu
I am an adroit Writer. I am a dedicated writer having worked as a writer for 3 years now. With this, I am sure to ace in the field by helping students break down abstract concepts into simpler ideas.
5.00+
8+ Reviews
54+ Question Solved
Related Book For
Question Posted:
Students also viewed these Micro Economics questions
-
Some economists believe that firms rarely attempt predatory pricing because it would be a very risky act even if it were legal. Why may this be so?
-
When you typically enter a front door to any business, you would normally see right off the bat what that business main focal point is or what their mission statement is. Their primary reasons for...
-
The client is a mechanical engineer, born and educated in England. The client was married in England in 1962 and he and his wife, Dawn, had three sons born in 1964, 1966, and 1969. In 1967, the...
-
Do you have convincing evidence of sufficient computer skills to engage in online discussion forums, access online library resources, engage in online videoconferencing, and utilize word processing,...
-
Rank from the most authoritative to the least authoritative, the following three items: FASB Technical Bulletins, AICPA Practice Bulletins, and FASB Standards.
-
Dr. Zhivgo Diagnostics Corp. income statements for 2013 are as follows: Sales....................................................................................... $2,790,000 Cost of goods...
-
'A partnership is just a collection of sole proprietors.' Discuss this statement.
-
Grand Champion, Inc., purchased Americas Sweethearts Corporation on January 1, Year 1. At the time, Americas Sweethearts had $750,000 of identifiable assets and $525,000 of liabilities. Grand...
-
Highland Company produces a lightweight backpack that is popular with college students. Standard variable costs relating to a single backpack are given below: Standard Quantity or Hours Standard...
-
1. How does Accenture target to its B-to-B audience so effectively? 2. Evaluate Accenture's history of branding campaigns. What remains consistent throughout?
-
What is the cyclically adjusted budget deficit or surplus? Suppose that real GDP is currently at potential GDP, and the federal budget is balanced. If the economy moves into a recession, what will...
-
Wall Street Journal writers Josh Zumbrun and Nick Timiraos published answers to several of their readers' questions regarding the federal government's debt. Two of the questions were: a. Why is...
-
Fit the data of the previous example to a quadratic function (polynomial of degree 2) and repeat thecalculation. Example 16.12. Fit the data in Table 16.1 to a fourth- degree polynomial. Obtain a...
-
1 75% of the time a stock's return is 12%, otherwise it is -4%. What is its expected return?
-
11 What is Company Co.'s total enterprise value calculated based on 2019E revenue and 2019E mean EV/Revenue multiple?
-
An investor decides to invest a certain amount of money in a portfolio consisting of Security 1 and Security 2. The investment share in Security 1 is 60%, and the remainder in Security 2. Given the...
-
(Related to Checkpoint 5.2) (Future value) To what amount will $5,200 invested for 8 years at 9 percent compounded annually accumulate? $5,200 invested for 8 years at 9 percent compounded annually...
-
An investor buys 3 Alpha Tech December Put contracts (1 contract = 100 shares) with a $25 strike price for a $2.25 per share premium. What is the maximum total dollar profit that they could realize...
-
Write electronic configurations for the following ions: a. Al 3+ (Z = 13) b. O 2 (Z = 8) c. Fe 3+ (Z = 26) d. Cu 2+ (Z = 29) e. Cu + (Z = 29)
-
When the Department of Homeland Security created a color-coded system to prepare government officials and the public against terrorist attacks, what did it do right and what did it do wrong?
-
You are the general manager of a firm that manufactures personal computers. Due to a soft economy, demand for PCs has dropped 50 percent from the previous year. The sales manager of your company has...
-
You are a manager at Spacely Sprockets??a small firm that manufactures Type A and Type B bolts. The accounting and marketing departments have provided you with the following information about the...
-
In a statement to Gillettes shareholders, Chairman and CEO James Kilts indicated, Despite several new product launches, Gillettes advertising-to-sales declined dramatically . . . to 6.5 percent last...
-
Sky Company employed Tom Mills in Year 1. Tom earned $5,800 per month and worked the entire year. Assume the Social Security tax rate is 6 percent for the first $130,000 of earnings, and the Medicare...
-
Genie in a Bottle Company (GBC) manufactures plastic two-liter bottles for the beverage industry. The cost standards per 100 two-liter bottles are as follows: Cost Category Standard Cost per 100...
-
The Arc's meals and entertainment: $400 Meals associated with business travel $300 Employee holiday party $100 Overtime meals for employees $600 Sports tickets for entertaining large customers =...
Study smarter with the SolutionInn App