Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages To Order 5-10 Pages Description/Paper Instructions
Answer all questions in AS MUCH DETAIL AS POSSIBLE. 2 references per question. 1 page per question if possible Answer each question separately. From an economic Perspective. If the domestic economy were closed, the domestic equilibrium price would have been much lower than the international price. The government, pressurized by the international institutions and many domestic producers, decides to open the economy. Provide a comprehensive graphical explanation as to how the actions of the government will lead to (a) changes in the consumer surplus; (b) changes in the producer surplus; (c) changes in the total surplus; (d) domestic prices;
(e) changes in the employment and economic growth in the domestic economy. Consider the answers to the Question #1. Now imagine that the government decides to engage in a massive increase in government spending leading to a large increase in the aggregate demand. How will the answers to Question #1 change in this new circumstance? If the domestic economy were closed, the equilibrium price would have been much higher than the international price. The government, pressurized by the international institutions and many domestic consumers, decides to open the economy to the rest of the world.
Provide a comprehensive graphical explanation as to how the actions of the government will lead to (a) changes in the consumer surplus; (b) changes in the producer surplus; (c) changes in the total surplus; (d) domestic prices; (e) changes in the employment and economic growth in the domestic economy. Consider the answers to the Question #3. Now imagine that the economy goes through a significant technological change leading to a large decline in the cost of production. How will the answers to Question #3 change in this new circumstance? Discuss how a significant technological change can help a country transition from being a net importer to a net exporter. What impact will such a significant technological progress will have on the (a) consumer surplus; (b) producer surplus; (c) total surplus; (d) domestic prices; (e) employment and economic growth in the domestic economy?
If the domestic economy were closed, the domestic equilibrium price would have been much lower than the international price. The government, pressurized by the international institutions and many domestic producers, decides to open the economy. This government is sitting on a large volume of public debt. While the government decides to open the economy to the rest of the world, the Central Bank of the country decides to engage in a large-scale purchase of existing government bonds and retire them permanently. The actions of the government and the central bank are made independently without any collaboration. Provide a comprehensive graphical explanation as to how the joint actions of the government and the central bank (like the Federal Reserve in the United States) will lead to (a) changes in the consumer surplus; (b) changes in the producer surplus; (c) changes in the total surplus; (d) domestic prices; (e) changes in the employment and economic growth in the domestic economy.
Suppose the Federal Government decides that the Medicare and Medicaid will no longer be available to everyone who is 18 years or younger. A new law is passed and it is mandated that no employment taxes (Medicare and Medicaid) will be levied on anyone who is born after December 31, 1999. The law also mandates that the employer portion of the Medicare and Medicaid taxes will also be discontinued for everyone who was born after December 31, 1999. How will this new law affect the employment, price, private consumption, investments, and economic growth? United States has a very large public debt. (For example, check out the dashboard located at http://www.usdebtclock.org/.We discussed this dashboard in the class.)
The accumulated debt costs the US economy dearly in terms of the interests that need to paid to service the debt. That money would have been available for other purposes have we not had such a large debt to service. On the other hand, without access to such a large volume of debt, the ability of the government to support large expenditures will be severely limited leading to (possibly) a much leaner public spending. That might have adverse impact on aggregate demand and hence, employment, growth etc. Given the knowledge that you have gained from this class, what will be your prescription (and why) to lower public debt without adversely affecting the economic growth, employment, prices, etc. In other words, can you think about ways to responsibly balance the government budget without pushing the economy towards recession?
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QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. The can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. GET THIS PROJECT NOW BY CLICKING ON THIS LINK TO PLACE THE ORDER
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