What is the governments budget constraint in the real intertemporal model? Can the government run a deficit
Question:
What is the government’s budget constraint in the real intertemporal model? Can the government run a deficit or run a surplus in the current period?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
The governments intertemporal budget constraint requires that the present value ...View the full answer
Answered By
Dudhat Vaidehi
I tutored mostly elementary school students privately after school and during the summer. We met in their homes or at the public library. I charged an hourly fee, and I provided any necessary materials.
Having taught in special education in two local schools for many years meant that I had contact with a lot of parents of special needs students. I never had to advertise — word of mouth was how most folks knew of me. At one point I did have a website, but didn't utilize it much. I stayed very busy, especially in the summers, and always had a full schedule. I typically met with each student's teacher in order to get an idea of what the focus of my instruction/remediation should be. Becoming familiar with the student's learning style(s) was also very helpful. Often parents would share records and test results with me. After each tutoring session, I documented the student’s progress and gave parents written updates, as well as phone calls or emails as needed.
While my students and I certainly utilized technology and the internet often during our sessions, I never tutored online or for any tutoring company, so am not familiar with the curriculums or methods used in those settings.
Tutoring one on one was very enjoyable and rewarding. My students and I had fun, and grew quite fond of one another. The extra income was a bonus. I had to retire from tutoring due to a physically handicapping disease, and miss my students very much.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What is the government budget constraint? How does it help us understand the causes of high inflation?
-
What is the economic interpretation of the intertemporal budget constraint in equation (18.6)? Does this interpretation apply to the primary budget deficit or the total deficit? Why?
-
What is an intertemporal budget constraint, and where does it come from? What is the economic interpretation of the intertemporal budget constraint?
-
What are the possible coping strategies that could help freelancers to overcome financial challenges and improve their financial well-being? Is there any significant impact in the financial...
-
Construct the Bode magnitude and phase plots for H(s) = 40(s + 1) / (s + 2) (s + 10), s = j
-
Carl begins trading on 1 July 2019 and chooses 30 June as his accounting date. His tax-adjusted trading profits/(losses) for the first two accounting years are as follows: Now that he is...
-
Briefly explain how the following programs would affect the elasticity of demand for labor in the steel industry: a. An increased tariff on steel imports. b. A law making it illegal to lay off...
-
CVP computations Garrett Manufacturing sold 410,000 units of its product for $68 per unit in 2011. Variable cost per unit is $60 and total fixed costs are $1,640,000. 1. Calculate (a) contribution...
-
- Consider an asymmetric Cournot duopoly game, where the two firms have different costs of production. Firm 1 selects quantity 91 at a pro- duction cost of 2q. Firm 2 selects quantity 92 and pays the...
-
There is a parcel of land next to the Playful Paws, Inc. building. Ellen, the owner of this property, approached John to discuss the idea of selling it to him. John is interested. Ellen knows that...
-
Explain how credit market uncertainty affects the investment decision of the firm.
-
Satterfield publishes a monthly music magazine, DiscOver. Subscriptions to the magazine cost $18 per year. During November 2021, Satterfield sells 15,000 subscriptions beginning with the December...
-
For each of the following, tell whether or not you would expect it to have a strong seasonal component and why. a. Sales of colorful wrapping paper, recorded monthly. b. The number of air travelers...
-
A firm producing decorative candles lowers the price of one of its scented candles from $4 to $3.60 and finds that the weekly quantity demanded of the candles goes up from 600 per week to 630. 1....
-
Many business events are recorded in the general ledger from feeder processes. The first list below identifies eight business events. The second list specifies five feeder processes. Match the events...
-
What are the principal responsibilities, major duties, and key control concerns of each functional position pictured in Figure 8.4 on page 266 (i.e., the organization chart of an IT organization)?...
-
How do the seven control plans (five present, two missing) listed in Figure 9.6 (pg. 320) work? FIGURE 9.6 Control Matrix for Data Entry with Batches Recommended Control Plans Present Controls P-1:...
-
Suppose the economy consists of three people: Angelina, Felicia, and Marina. The table shows how their consumer spending varies as their current disposable income rises by $10,000. a. Derive each...
-
Refer to Multiple-Concept Example 7 for insight into this problem. During a tennis serve, a racket is given an angular acceleration of magnitude 160 rad/s2. At the top of the serve, the racket has an...
-
Difference between truncate & delete
-
1. What do we add to GDP to reach GNP? a. Net income earned abroad by U.S. households b. Personal income c. Depreciation d. Net exports 2. What is the largest component of national income? a....
-
1. The GDP deflator is calculated for any given year by dividing nominal GDP by ______GDP and multiplying by 100. 2. If the base year is 2010, then real and nominal GDP in 2010 will be equal. ____...
-
1. The date that a recession begins is called the__________. 2. Since World War II, the United States has experienced seven recessions. ______ (True/False) 3. The ______ marks the date that ends a...
-
The controller for Tulsa Medical Supply Company has established the following activity cost pools and cost drivers. Machine setups Budgeted Overhead Cost Cost Driver Number of setups Weight of raw...
-
In 2023, Miranda records net earnings from self-employment of $168,500. She has no other income. Determine the amount of Miranda's self-employment tax and her AGI income tax deduction. In your...
-
Describe how empowerment, work groups, and multifunctional teams would or would not affect the five types of problems.
Study smarter with the SolutionInn App