Whether education is a public good

Instructions Only provide your opinions when specifically called for. In all other cases your answer(s) should rely on the text and module materials and not on the internet, showing your capacity to apply the appropriate economic principles and concepts correctly. Is education a public good? Does education have external benefits? If so, what are some of those public benefits? In your… Continue reading Whether education is a public good

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Growth rate of real GDP and unemployment rate

Only provide your opinions when specifically called for. In all other cases your answer(s) should rely on the text and module materials and not on the internet, showing your capacity to apply the appropriate economic principles and concepts correctly. How has the U.S. economy been doing in recent years? Why do you think that is? Gather and present relevant economic statistics,… Continue reading Growth rate of real GDP and unemployment rate

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Contractionary and expansionary fiscal policies

Instructions Only provide your opinions when specifically called for. In all other cases your answer(s) should rely on the text and module materials and not on the internet, showing your capacity to apply the appropriate economic principles and concepts correctly. Are contractionary and expansionary fiscal policies economic or political or both? Explain. What is discretionary fiscal policy? Under what economic circumstances… Continue reading Contractionary and expansionary fiscal policies

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The Gini index and the Lorenz curve 

1 The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual. Thus a Gini index of 0… Continue reading The Gini index and the Lorenz curve 

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Discussion on automatic stabilizers

150 Words w/reference Which of the following would be automatic stabilizers? Employment-insurance payments. Cost-of-living escalators in government contracts and pensions. Free university tuition for unemployed workers after six months of unemployment, provided that they are under 30 years old and have had five or more years of full-time work experience since high school. Is there… Continue reading Discussion on automatic stabilizers

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Current trade regime around the world

Hi All, Activity III is based on the video in the link below. The video is about the current trade regime around the world (winners and losers) The title of the video is The Deceptive Promise of Free Trade https://www.dw.com/en/the-deceptive-promise-of-free-trade/av-45653675 Based on this documentary, answer the following questions. Limit your answer to two pages 1.… Continue reading Current trade regime around the world

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