Moralists and Money Discussion Prior to beginning work on this discussion, read Alejandro Chafuen’s article, Moralists and Money: From Gold to Bitcoin (Links to an external site.)Links to an external site., and respond to the following components:   Define money and describe its functions. Is money a root of all evil? Why or why not?…

Motor Vehicle Industry Economic Brief  SU Motor Vehicle Industry Economic Brief   In the workplace, we are often asked to create “briefs.” A brief provides a snapshot, or short, written summary, of a situation or event that has occurred. It is generally just a few pages long and may include additional visuals like a graph,…

Fiscal Policy Checkpoint Discussion   Can Congress and the President Ever Balance the Federal Budget?   Read: the description of public choice theory: “Public choice – Definition” at http://www.wordiq.com/definition/Public_choice. If you need more information, check out: “Public Choice” at http://www.econlib.org/library/Enc/PublicChoice.ht… and/or “Public Choice Theory” at http://www.econlib.org/library/Enc1/PublicChoiceTh…   Read: “Why Congress’s Bipartisan Budget Deal Should Make…

Continue the theme of comparing the US system to other countries. I also would like to have more of a discussion going than we have had in previous weeks.   Country Comparison   Pick any two countries and compare the key attributes of their social security programs. Which country do you think will have the…

Economic Scenarios Questions Suppose that the economy is at full employment (our economy has reached its potential GDP or the maximum that we can normally produce). Now suppose that the Federal Government decides to decrease taxes. If we compare the long run price and GDP levels to the price and GDP levels that existed before…

Government offer to support a proposal to transfer education from both local state to state-only responsibility? Your analysis should include a discussion of the existing funding sources, current issues, as well as a supporting rationale for your recommendations.   (3) Please provide an overview of the role of the Federal Government in Transportation Financing (as…

DOC 721 UOPX Healthcare Economic Presentation Assignment Content Economic terms and concepts are defined in a specific way, which may be different from the way the terms are used in everyday writing and speaking. Select 4 terms from the list below: o Supply o Demand o Opportunity cost o Economy of scale o Productivity o…

Imagine that you are hired by the Bureau of Labor Statistics (BLS) as an international economist to analyze data on the international economy and to provide policy recommendations to the U.S. government. Your essay should include the sections described below. Introduction: Provide a brief summary of international trade, and include one sentence on whether you…

Read the article titled “The Hidden Monopolies That Raise Drug Prices (Links to an external site.)Links to an external site.” in The American Prospect about a current monopoly (or near-monopoly, which effectively is very similar) in the US drug market.Explain what parts of the article were illuminating, disturbing, disagreeable, etc.What did you learn from the…

1. It is widely believed that standard neoclassical (supply and demand) economics supports free-market conclusions, while behavioral economics (game theory experiments, bounded rationality, Winner’s Curse, imperfect information models, etc.) supports government intervention. Give two counter-examples. Explain your reasoning. 2. Name one concept from this class that you believe will have the largest private benefit to…