What is model building
Assignment:
What is model building? How does it use secondary data? What are some examples of different applications of model building in marketing research.
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Burden of the Debt Suppose that budget deficits are financed to a considerable. How does this create a potential burden on future generations of Americans?
A mode-choice model for a city includes the following modes: autos (A), light rail (L), buses (B), and rapid rail (R), with utility functions (U).
Why did the federal budget go from a huge deficit in 1992 to a surplus in 1998? Explain the factors that contributed to the turnaround.
Why are the Social Security and Medicare programs headed for trouble? When will the trouble begin? What solutions have been proposed?
In earlier chapters, we've seen that government can increase GDP in short run by running a budget deficit. What are some long-term effects of deficit spending?
Explain why Robert Barro argues that if parents are concerned enough about the future welfare of their children, the effects of deficit spending?
What is the new level of gross national debt? What happens to the level of debt held by the public? What happens to the level of gross debt?
Read the editorial In Defense of Debt. Why was the author not concerned about the high U.S. national debt?
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