4. as christina romer discussed in her recent talk at reed, current fiscal policy faces a tightrope between the need for further stimulus and the need to restrain the rapid growth of government debt. indeed, the report of bipartisan national commission on fiscal responsibility and reform is to be (or was, depending on when you read this) released on december 1, 2010. given the constraints of deficit reduction and the need for further stimulus, what advice would you offer the incoming congress about fiscal policy?

All of the industries and businesses in the country of marksenia are privately owned and sell products at different prices that are not controlled by the government or any other organizational body. consumers in marksenia are free to buy as much of the products as they like from the businesses they want. the country of marksenia has a

Contrast two economies that transitioned to capitalism and explain what factors affected the ease kf their transition as welas the “face” of capitalism that each has adopted

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.