Question 1: Suppose that tuition prices suddenly go up 20 percent. What impact will this single price increase have on the CPI?
Question 2: Consider the recent stimulus package to help the strugling economy. what are the pros and cons of tax cuts or increased government spending as stimulative tools?
Question 3: Suppose the economy is slumping into recession and needs a fiscal policy boost. Voters however are opposed to large fiscal deficits. What should be done?