Questions from Macroeconomics


Q: What did Ms. Weir mean when she said the proposed toy

What did Ms. Weir mean when she said the proposed toy regulation “goes too far” (News, p. 357)? How far is enough?

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Q: How does each of the following infrastructure items affect aggregate supply?

How does each of the following infrastructure items affect aggregate supply? (a) highways, (b) schools, (c) sewage systems, and (d) courts and prisons.

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Q: How would the volume and timing of capital investments be affected by

How would the volume and timing of capital investments be affected by (a) a permanent cut in the capital gains tax and (b) a temporary 10 percent tax credit?

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Q: How might the inflationary flashpoint affect policy decisions? How would you

How might the inflationary flashpoint affect policy decisions? How would you represent the flashpoint on the Phillips curve?

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