11. In Table 12.14, we show the results from the 2002 legislative elections in Germany. Answerthe following questions.a. If a government formed between the Christian Democratic Party and the Free DemocraticParty, what type of government would it be?b. If a government formed between the Social Democratic Party and the Greens, what typeof government would it be?c. If a government formed between the Social Democratic Party, the Greens, and the Partyof Democratic Socialism, what type of government would it be?TABLE 12.14Legislative Election Results in Germany, 2002SeatsIdeologyPartyParty of Democratic Socialism (PDS)Greens (G)Social Democratic Party (SPD)Christian Democratic Party (CDU/CSU)Free Democratic Party (FDP)TotalSource: Inter-Parliamentary Union Database (2015).2Most left5525124847Most right603

a. Christian Democratic Party and Free Democratic Party: The Christian Democratic Party (CDU/CSU) is…

Answered: 11. In Table 12.14, we show the results…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Briefly discuss multiplue government interventions in the market that you would consider an intervention that, is not worth the loss of efficiency (deadweight loss) in the economy.
Consider the following economy which produces two goods, wine and cheese in the two periods of time. Year 2018 2019 C. Price of Quantity of Price of cheese Cheese Wine $5 $12 2 Blocks 3 Blocks $10 $17 Quantity of Wine 4 bottles 3 bottles a. Calculate the Nominal Gross Domestic Product b. Calculate the Real Gross Domestic Product, using 2018 as the base year Calculate the GDP Deflator
Statement 1: "A consultant from the 'happy is productive' school of thought tends to approach business problems by examining the background of employees and then either constructing different arguments for people from different backgrounds to persuade them be more productive; or recommend firing employees from backgrounds that might make them unproductive." Statement 2: "A consultant from the 'good citizen' school of thought when faced with the possibility of cheating on an exam might try to reduce cheating by pointing out that most students don't cheat and doing it the honest way isn't that difficult." O Statement 2 is true, and 1 is false Both statements are true Statement 1 is true, but 2 is false Both statements are false.
Elaborate on the different roles of government in the economy and how the economy affects the government. Be sure to provide specific examples
Please paraphrase this paragraph: The 1987 Philippine Constitution and the Public Land Act limit the sale or transfer of public lands to agricultural lands only. This policy is in place to protect the agricultural resources of the country, which are essential for food security and sustainable development. Agriculture is a big part of the country's economy and gives millions of Filipinos a way to make a living. Forests, mineral lands, and national park lands are all essential natural resources that must be sustainably managed and conserved for the benefit of future generations. The fact that only agricultural lands are alienable and disposable shows how vital agriculture is to the country's economy and food security.
Briefly explain the following concepts: a. Progressive tax structure b. Crowding-out effect
Suppose there are five voters. Their preferences for the amount the federal government should spend to stimulate the economy are shown in the figure to the right. According to the median voter theorem, in a vote, how much will the federal government spend to stimulate the economy? The federal government will spend S billion. (Enter your response as an integer.) 1200 1100 1000- 900- 800- 700- 600 2500- 400- 300- 200- 100- Greg kelly Christina Luis
2. Explain whether the following statement is true or false. "Governance is exercised only by the governiment of a country".
One of the things that Theodore Roosevelt tried to do, both as a President, and later, as a presidential candidate, was to define the role of the federal government. A big piece of the puzzle was to determine the way that the federal government would relate to big business, particularly big business serving a public function. In Europe, many national governments chose to take ownership of some businesses, particularly railroads and public utilities. Roosevelt had a different take on the role of the federal government of the United States. What role did Roosevelt think was proper for the federal government, and why?
= Chegg Depict The Fiscal Characteristics Of Two School Districts In A... 1. The following data depict the fiscal characteristics of two school districts in a metropolitan area, each composed of identical single family houses with pupil per house. The voters who have chosen to live in both districts desire and select $10,000 of educational spending per pupil and collect property taxes to finance it. Because B has small (low value) houses, the tax rate in B is much higher than in A. a. Would a voter in district B prefer to live in a big ($200,000) house in district A? Why? (2 points) b. Suppose that there is a third school district to choose from with an equal number of big and small houses so that the average per pupil value is $150,000. What tax rate is required in this district to spend $10,000 per pupil? If small houses also cost $100,000 in this district, are consumers of small houses better off here or in B? If big houses also cost $200,000 in this district, are consumers of big…
Identifying National, State and Local Government Who is the President? → National, State, or Local Government? • Who is the Vice President? → National, State, or Local Government? Who are your Senators? → National, State, or Local Government? Who is your member of the U.S. House of Representatives? → National, State, or Local Government? Boston Who is the Chief Justice of the Supreme Court? National, State, or Local Government? Who is the Speaker of the House? → National, State, or Local Government? Who is the Secretary of State? National, State, or Local Government? San Who is the Governor of New York? → National, State, or Local Government? • Who is your New York State Senator? → National, State, or Local Government? • Who is your New York State Assemblyman? → National, State, or Local Government? • Who is your County Legislator? → National, State, or Local Government? Who is your local City Manager? → National, State, or Local Government? Who are your local Town Council members? →…
Let's walk through the median voter theorem in a little more detail. Consider a town with three voters, Enrique, Nandini, and Torsten. The big issue in the upcoming election is how high the sales tax rate should be. As you'll learn in macroeconomics (and in real life), on average, a government that wants to do more spending has to bring in more taxes, so "higher permanent taxes" is the same as "higher government spending." Enrique wants low taxes and small government, Nandini is in the middle, and Torsten wants the biggest town government of the three. Each one is a stubborn person, and his or her favorite position-what economic theorists call the "ideal point-never changes in this problem. Their preferences can be summed up like this, with the x denoting each person's favorite tax rate: Enrique 0% N O Sales tax rate Nandini P Torsten 20% Suppose there are two politicians running for office, N and O (so ignore P for now). Enrique will vote for Choose your answer. Nandini will vote for…

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