Q: In 2017, Congress passed the series of tax cuts that President
In 2017, Congress passed the series of tax cuts that President Trump advocated. What effect did this policy likely have on the U.S. trade deficit? Why?
See AnswerQ: You probably bank online, rather than go to the bank.
You probably bank online, rather than go to the bank. When your parents went to college, hardly anyone did that. What jobs did online banking destroy? What jobs did it create? How might artificial int...
See AnswerQ: One member of the Federal Open Market Committee says, “With
One member of the Federal Open Market Committee says, “With the unemployment rate below 4 percent, inflation is bound to rise.” A second member objects: “There is very little reason to believe that.”...
See AnswerQ: What platform markets do you participate in? Do network effects there
What platform markets do you participate in? Do network effects there seem important to you? Why or why not? If you pay to participate in a platform, would you still participate if the price was doubl...
See AnswerQ: Do you think it is “fair” that gig workers have
Do you think it is “fair” that gig workers have no minimum wage, no health insurance, and no pension? Is it efficient?
See AnswerQ: How much student debt do you expect to have on graduation day
How much student debt do you expect to have on graduation day? Could you have attended your college without incurring this debt?
See AnswerQ: You are probably covered by your parents’ health insurance policy. Where
You are probably covered by your parents’ health insurance policy. Where do they get health insurance?
See AnswerQ: The following outline provides a complete description of all economic activity in
The following outline provides a complete description of all economic activity in Trivialand for 2018. Draw up versions of Tables 3 and 4 for Trivialand showing GDP computed in two different ways. Th...
See AnswerQ: When the income-tax rate declines, as it did in
When the income-tax rate declines, as it did in the United States in the early 2000s, does the multiplier go up or down? Explain why.
See AnswerQ: Explain why national income and gross domestic product would be essentially equal
Explain why national income and gross domestic product would be essentially equal if there were no depreciation.
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