Suppose the U.S. government has decided that for national security reasons, it must protect themachine tools industry. Name two ways in which the government can accomplish this goal. Which policy would you recommend? Why?
The government can impose
a) A tariff
b) An import quota
I would recommend a quota as it is more certain in terms of
quantity imported.
Suppose the U.S. government has decided that for national security reasons, it must protect themachine tools...
Has the U.S government gone too far in the name of national security. A minimum of 150 words please for the answer .
Suppose that the federal government decided, although it did not want to, that it must either eliminate Medicare or Medicaid…no choice, one had to go. No alternatives or mixtures, it is either one or the other that you must select to eliminate for this discussion. Which would you vote to eliminate and why?
Give a recent example of how the U.S. government has intervened or altered national trade policy to either encourage exports or protect domestic business. Explain any consequences of the action and whether it accomplished its objectives. PLEASE DO NOT COPY FROM ANOTHER ANSWER
1.)Suppose, the government is concerned about breaches in government data security and has decided to spend $1billion dollars on improving data security. Government will not cut spending in other areas of the budget, so it will likely have to issue new government bonds to finance this increase in government spending. Use the graph below to show the impact of the aforementioned on the economy by shifting the appropriate curve(s). 2.) Suppose the US government has decided to expand its budget...
Suppose the government is considering increased spending on maintaining a national park. You have been hired to evaluate the benefits of this proposal as part of a benefit-cost analysis. Use the travel cost approach to accomplish this goal, based on a $20 admission fee to the park and the following before and after recreational demand functions where Qd is the number of visitors in thousands and P is the admission fee: Before new-spending policy: P = 72 - 0.04Qd After...
Subject 2: National Accounts & Balance of Payments (30%) A. The government of Acadia, instead of giving its unemployed persons 100 No Values (NV) monthly as an unemployment benefit, has decided to hire them with a monthly salary of 100 No Values. The country's GDP will grow or fall? [Mark: 0.5] OURAMME IN BUSINESS ADMINISTRATION B. Suppose now that Acadia experiences a current account deficit. Which are the best policy tools to combat this deficit? Discuss the pros and cons....
Suppose that the government has decided not to regulate this industry, and the firm is free to maximize profits, without constraints. Complete the first row of the following table. Suppose that the government forces the monopolist to set the price equal to marginal cost. Complete the second row of the previous table. Suppose that the government forces the monopolist to set the price equal to average total cost. Complete the third row of the previous table. True or False: Under the average-cost pricing policy, the cable...
Based on your understanding of government economic policy, which of the monetary or fiscal policy tools do you think would be most effective at improving the U.S. economy? Support your answer with evidence and/ or examples from the learning notes, readings, and in-class discussions in this unit. One to two paragraphs should be sufficient.
⦁ Suppose the government is considering increased spending on maintaining a national park. You have been hired to evaluate the benefits of this proposal as part of a benefit-cost analysis. Use the travel cost approach to accomplish this goal, based on a $20 admission fee to the park and the following before and after recreational demand functions where Qd is the number of visitors in thousands and P is the admission fee: A: Before new-spending policy: P = 72 -...
Assets Liabilities Total Reserves $50,000 Demand Deposits $180,000 U.S. Government Bonds $110,000 Loans $20,000 Assume the balance sheet above is for Eastlandia National Bank. The reserve requirement is 20%. Given the current situation, how much money can Eastlandia National Bank lend to borrowers if it wants to keep all of its bonds? Based on your answer in part (a), calculate how much additional money can Eastlandia National Bank create? (Calculate means show your work.) Explain two reasons why money creation...