State and local government borrowing
Problem: What is the signifigance (pros/cons) - to the State and the local governments - when the State has low State borrowing but the local government debt is high (ie California, North Carolina)?
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Greater wealth makes __________ people willing to spend the national income, causing __________ the economy's AD curve.
Problem: What is the difference between gross domestic product (GDP) and gross national product (GNP)?
Problem: What is a good rational, financial case for investment in HP?
Visit the U.S. Census Bureau website at www.census.vov/hhes/income/midclass/index.html and select Data Highlights. Since 1969, how has the share of aggregate household income received by the lowest and highest income income quintiles (fifths) cha
What is the signifigance (pros/cons) - to the State and the local governments - when the State has low State borrowing but the local government debt is high (ie California, North Carolina)?
The consumer price index is 125 in year 1 and 160 in year 2. All inflation is anticipated. If the Commerce Bank of Beverly Hills charges an interest rate of 35 percent in year 2, what is the bank’s real interest rate?
What are the three types of unemployment? Unemployment is seen by some as undesirable. Are all three types of unemployment undesirable? Could the advent of the Internet completely eliminate frictional unemployment?
The US Congress passed a stimulus bill in Feb. 2009. What was the justification for doing so? Given the magnitude of the stimulus amount, do you suppose it has achieved its intended outcomes? Explain you answer.
Problem 1) Is it true the USA may be moving into a period of stagflation? Problem 2) Is it false in the equation C + I + G + NX = GDP that the most volatile component is C?
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