Are you concerned about the national debt? Why or why not? Has your opinion changed as a result of what you have learned in this chapter? Has your opinion changed as a result of the large buildup of military expenditures related to the wars in Iraq and Afghanistan and the U.S. air strikes in Iraq and Syria? Has your opinion changed as a result of the 2008–2009 recession and stimulus spending by government?
Answer to relevant QuestionsWhy, in a rich nation, is it important that we fully use our resources and technology to maximize our nation’s out- put? Is it only the level of total output that is important, or are the types of output that we produce ...Is it efficient to convert food (corn) into ethanol to burn in our cars and trucks? Would this be economical if the government taxed the use of gasoline and subsidized the use of ethanol? How might the government justify ...Do you think it is appropriate that the consumer bears part of the burden of effluent or emission fees in the form of higher prices? Why or why not? Consider other proposals to replace the federal income tax structure with a flat rate tax structure or to replace the income tax with a national sales tax. How would these actions affect income distribution? Do you agree ...What do you think of the European approach to encouraging conservation in gasoline use by imposing very large excise taxes on gasoline? Do you think this would work in the United States? Do you think it makes a difference if ...
Post your question