Question : 91) The proposition that increases in government budget deficits in : 1384510

Economics

91) The proposition that increases in government budget deficits in an open economy tend to crowd out net exports relies on the idea that

A) government demand for labour tends to create manpower shortages in export industries.

B) much government expenditure is typically directed towards imported goods and services.

C) the resulting increase in interest rates attracts an inflow of financial capital that causes the currency to appreciate.

D) the rise in private-sector wealth associated with the rising stock of bonds leads to a fall in the saving rate and therefore a current account deficit.

E) there is downward pressure on interest rates that causes the currency to depreciate.

92) Refer to Figure 32-3. Suppose the government implements an expansionary fiscal policy which increases the budget deficit. The initial effect of this policy is the opening of a(n) ________ gap, and a new short-run equilibrium with a price level of ________ and real GDP of ________.

A) recessionary; P1; Y2

B) inflationary; P1; Y*

C) inflationary; P2; Y*

D) inflationary; P1; Y1

E) recessionary; P0; Y*

93) Refer to Figure 32-3. Suppose the government in this closed economy implements an expansionary fiscal policy, which increases the budget deficit. When the economy reaches its new long-run equilibrium, how has the composition of national income changed?

A) net exports have fallen

B) investment has fallen

C) consumption has increased

D) net exports have risen

E) the composition of national income at Y* is unchanged

94) Refer to Figure 32-3. Suppose the government implements an expansionary fiscal policy, which increases the budget deficit. The economy’s adjustment process returns real GDP to Y* in the long run. Since real GDP is not affected in the long run, how are future generations likely to be harmed by this government policy?

A) Investment in public infrastructure has been crowded out, which will harm future generations.

B) Private investment has been crowded out, which may lead to a lower future growth rate of potential GDP.

C) The inflationary gap is harmful to the economy and reduces real GDP in the future.

D) The budget deficit causes an appreciation in the domestic currency which reduces the income of future generations.

E) Future generations are definitely not harmed by this policy.

95) Until the onset of the most recent recession in 2009, Canadian governments (federal and provincial) had been running budget surpluses for about 10 years. Economic theory suggests that, other things being equal, these budget surpluses will lead to

A) a rise in national saving, a fall in interest rates and a “crowding in” of investment and net exports.

B) a fall in national saving, a rise in interest rates and a “crowding out” of investment and net exports.

C) an appreciation of the domestic currency and a fall in Canada’s net exports.

D) a depreciation of the domestic currency and a fall in Canada’s net exports.

E) a rise in national saving, a rise in interest rates and a “crowding out” of investment and net exports.

96) Many economists argue that the long-term burden of government debt will include:

1) a redistribution of resources away from future generations toward the current generation;

2) reduced investment and as a result a lower long-run rate of economic growth;

3) a burden on future generations who will have to pay interest to the owners of government bonds.

A) 1 and 2

B) 2 and 3

C) 1, 2, and 3

D) 2 only

E) 3 only

97) There is a long-term burden of government debt in a closed economy when

A) foreign owners of Canadian debt demand repayment.

B) it is no longer possible to find individuals in the private sector willing to finance the debt.

C) the burden of the debt is being borne by the current generation rather than future generations.

D) present consumption and government expenditure are not reduced because of future crowding-out.

E) the stock of physical productive capital is reduced because of crowding out.

98) It can be argued that a government budget deficit, rather than being a burden for future generations, may provide net benefits to future generations. This view is correct if the current budget deficit is used to

A) pay transfers such as welfare and old age pensions in the present period.

B) finance projects that deliver long-term benefits to society.

C) invest in the purchasing of goods not available in the local economy.

D) ensure that all interest paid goes to residents rather than foreigners.

E) pay subsidies to Canadian firms to offset rising energy costs.

99) The concept of capital budgeting refers to the idea that

A) government budgets should be designed to be balanced, while fully recognizing that changing economic circumstances may prevent such balance.

B) if the debt-to-GDP ratio rises to unacceptable levels, the central bank can monetize portions of the government debt.

C) counter-cyclical fiscal policy is included in the government budget.

D) the government would classify all expenditures as either consumption (benefiting current generations) or investment (benefiting future generations).

E) the government would direct a fixed percentage of its budget toward investment expenditure that would benefit future generations.

100) Decreasing government expenditures in order to reduce the government’s budget deficit can involve certain costs. An example of such a cost could be

A) larger school facilities to accommodate a growing population.

B) longer queues for essential government services such as health-care services.

C) encouraging future generations to be more self-sufficient and less reliant on government to provide for them.

D) a lower portion of taxes being used to pay interest.

E) improving the flexibility to practice counter-cyclical fiscal policy.

Continue to order Get a quote

July 1, 2023

Write a scholarly research report on a topic related to Advanced Database Systems (see Appropriate Topics). Please see Important Notes and Document Details for detailed specifications.

Appropriate Topics:

The Research Report, select one of the following research areas:

1. A Complete Comparative between MongoDB and Oracle 12c

2. A Complete Comparative between IBM DB2 and CA IDMS

3. A Complete Comparative between IBM DB2 and IBM DB2

4. A Complete Comparative between Oracle 12c and CA IDMS

5. A Complete Comparative between Oracle 12c and IBM DB2

6. A Comparative Analysis of Triggers used in Oracle 12c versus Triggers used IBM DB2

7. A Comparative Analysis of Stored Procedures used in Oracle 12c versus Stored Procedures used in IBM DB2

8. A Comparative Analysis of Transaction Processing used in Oracle 12c versus Transaction Processing used IBM DB2

9. A study of DB Transaction Processing / Coordination used in a Cloud environment

10. Common and dissimilar vulnerabilities found in both Oracle 12c and IDMS

11. Managing Transaction Processing using MongoDB

12. The Internet of Things (sensor & actuator data) used in a distributed DB cloud environment

Important Student Notes:

· Each student submission should be checked for plagiarism. Students should be warned that Turnitin has a very good historical memory and is capable of accessing reports from both internal and external resources (i.e. Universities, Governments, etc.) including those originally written in non-English written languages. Plagiarism will result in a grade of zero (non-negotiable) for the assignment and may results in other university actions. The department chairperson will be notified of the violation. Additional Campbellsville University penalties may be applicable. Please see class syllabus for additional details.

· Only one submission attempt is permitted – AS THE STUDENT TO BE SURE BEFORE DEPRESSING ENTER.

· Acceptable file formats for submissions include Microsoft Word (doc, docx) or Adobe Acrobat (PDF). No other formats are acceptable.

· The research paper must be at least 3,500 words supported by evidence (citations from peer-reviewed sources).

· A minimum of four (4) peer-reviewed journal citations are required.

· Formatting should be double-spaced, one-inch boarders, no extra space for headings, no extra white space, no more than two levels of heading, page numbers, front and back matter).

· Extra white space use to enhance page count will negatively affect student grade.

· Chapter 1 illustrates the document details of the research report and constitutes Background/Introduction, Problem Statement(s), Goal(s), Research Question(s), Relevance and Significance, Barriers and Issues related to topic chosen. Chapter 2 should consist of student paraphrasing the cited research material (i.e. what happened in case study x). Chapter 3 should be the reasoning for doing a basic compare/contrast or advantages/disadvantage of what was stated in Chapter 2 (do not state because the professor said so). Chapter 4 is a complete analysis, synthesis, and evaluation of what was stated in chapter 2. In effect, chapter 3 is a statement of what will be done and chapter 4 is what was done and what the findings were. Again, thus far the writing is objective and must not contain student opinion. Chapter 5 states results, conclusion, and future work recommendations. Here is where student opinion (or any researcher) can state their respective opinion as the student has now “done the work” and are justified in stating results.

· Graduate student are expected to be proficient in the use of the English language. Errors in grammar, spelling, or syntax will affect student grade. The Professor, will not provide remedial help for writing problems. If the student is unable to write clearly and correctly, the student should be urged to contact the program office for sources of remedial help.

· IMPORTANT - please refer to the following url for additional help on writing skills necessary at the graduate level (https://owl.purdue.edu/site_map.html).

· Final Submission - the final report is due no later than the due date assigned. A total of at least 15 full pages is required (no extra whitespace, does not include appendices). (800 points). Only Microsoft Word or Adobe PDF submission is acceptable.

· The research paper must only include materials derived solely from peer reviewed journals or peer reviewed conference proceedings. Newspapers, websites (URLs), magazines, technical journals, hearsay, personal opinions, and white papers are NOT acceptable citations. Please access the CU Library at http://campbellsville.libguides.com/?b=g&d=a for appropriate materials.

· APA formatted citations are required for the final submission. IMPORTANT - please refer to the following url for help with APA: https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_style_introduction.html. Please reach out to our librarians for additional citation management and APA help.

· All images, tables, figures are to be included in the appendices and IS NOT included in the 15 page requirement. This means appendices are not included in the 15 page requirement.

· Long quotations (i.e. paragraphs) are NOT permitted. Only one quoted short sentence (less than 14 words) is permitted per page.

· Footnotes are NOT permitted.

Document Details

This area provides additional details about the content of each of the needed Research Report Chapters (5). For those instructing in Hybrid format, the instructor may want to consider having the instantiated teams work on: 1) an outline of the final research report and 2) a preliminary research report that includes Chapters 1 and 2. For those instructing in Online or F2F formats the instructor may want to consider using the Hybrid format (teams) or single student submission format. The final submission should include DETAILS of each of following:

1) Chapter 1 – Introduction

2) Chapter 2 – Literature Review

3) Chapter 3 – Methodology Specifics (comparative analysis)

4) Chapter 4 – Findings and Results

5) Chapter 5 – Conclusion and Future Recommendations

6) References - APA

7) Appendices

Chapter 1 Introduction

1 Background/Introduction

In this section, present enough information about the proposed work such that the reader understands the general context or setting. It is also helpful to include a summary of how the rest of this document is organized.

1.1 Problem Statement

In this section, present a concise statement of a research-worthy problem addressed (i.e., why the work should be undertaken – don’t say required for the class). Follow the statement of the problem with a well-supported discussion of its scope and nature. The discussion of the problem should include: what the problem is, why it is a problem, how the problem evolved or developed, and the issues and events leading to the problem.

1.2 Goal

Next, include a concise definition of the goal of the work (i.e., what the work will accomplish). Aim to define a goal that is measurable.

1.3 Research Questions

Research questions are developed to help guide the authors through the literature for a given problem area. What were the open-ended questions asked and why did the student find (or not find) them adequate.

1.4 Relevance and Significance

The student should consider the following questions as they read through an article stating how the author(s) supported, or left unsupported the evidence, relevance, and significance of their research literature:

Why is there a problem? What groups or individuals are affected?

How far-ranging is the problem and how great is its impact? What’s the benefit of solving the problem?

What has been tried without success to correct the situation? Why weren’t those attempts successful? What are the consequences of not solving the problem?

How does the goal of the study address the research problem and how will the proposed study offer promise as a resolution to the problem?

How will the research add to the knowledge base?

What is the potential for generalization of the results?

What is the potential for original work?

1.5 Barriers and Issues

In these paragraphs, identify how the problem is inherently difficult to solve. How did the solution the author(s) propose address the difficulties?

2 Chapter 2 Literature Review

In this section, it is important to clearly identify the major areas on which the student will need to focus the student research in order to build a solid foundation for the study in the existing body of knowledge. The literature review is the presentation of quality literature in a particular field that serves as the foundation and justification for the research problem, research questions or hypothesis, and methodology. The student will develop a more comprehensive review of the literature as part of the research.

3 Chapter 3 Approach/Methodology

This chapter includes a summary of how the student is going to proceed with the evaluation of the problem statement and associated research question(s). Given the short time of this course, a compare / contrast or advantage / disadvantage analysis is recommended

4 Chapter 4: Findings, Analysis, Synthesis

Include an objective description and analysis of the findings, results or outcomes of the research. Limit the use of charts, tables, figures to those that are needed to support the narrative. Most of these illustrations should be included as part of the Appendix.

The following topics are intended to serve as a guide:

4.1 Data analysis

4.2 Findings & Discussion

4.3 Analysis

4.4 Synthesis

4.5Discussion

Chapter 5: Conclusions

5.1 Conclusions - Clearly state the conclusions of the study based on the analysis performed and results achieved. Indicate by the evidence or logical development the extent to which the specified objectives have been accomplished. If the research has been guided by hypotheses, make a statement as to whether the data supported or rejected these hypotheses. Discuss alternative explanations for the findings, if appropriate. Delineate strengths, weaknesses, and limitations of the study.

5.2 Implications - Discuss the impact of the work on the field of study and its contributions to knowledge and professional practice. Discuss implications for future research.

5.3 Recommendations - Present recommendations for future research or for changes in research methods or theoretical concepts. As appropriate, present recommendations for changes in academic practice, professional practice, or organizational procedures, practices, and behavior.

References

Follow the most current version of APA to format the references. However, each reference should be single-spaced with a double space in between each entry.

Formatting Details

Margins

The left-hand margin must be 1inches (4 cm.). Margins at the right, top, and bottom of the page should be 1.0 inch. (See exception for chapter title pages below.) The Research Report text may be left-aligned (leaving a ragged right edge) or may be both left- and right-aligned (justified).

Line Spacing

Double-spacing is required for most of the text in documents submitted during the Research Report process.

Paragraph Spacing

The text of the document is double-spaced. There should be no extra spaces between paragraphs in sections; however, indent the first line of each paragraphs five spaces.

Page Numbering

All pages should have page numbers in Arabic numerals in the upper right-hand corner.

Type Style

The body text, the student should use 12-point Times New Roman. Text for the cover page may be larger but should not exceed 14-point size. Text for the chapter title text should be 14-point size. Be consistent in the use of typefaces throughout the document. Do not use a compressed typeface or any settings on the word processor that would decrease the spacing between letters or words. Sans serif typefaces such as Helvetica or Arial may be used for relatively short blocks of text such as chapter headings and captions but should be avoided in long passages of text as they impede readability.

Title Page

Every document that is submitted must have a title page. The title page includes the exact title of the research report, date of submission, the team name, and the name of each team member.

Chapter Title Heading, Subheadings, and Sub-Subheadings

It is required that submitted Research Report use no more than three levels of headings in the body text. All headings should have only the first letter of each word capitalized except that non-major words shorter than four letters have no capital letters.

Instructions for heading levels follow:

Level 1: Chapter Title Heading

This heading starts two inches from the top of the page, is centered on the page, and is set in 14point type. The first line contains the chapter number (e.g., Chapter 4). The second line is blank. The third line displays the chapter title, is centered on the page, and is set in 14-point type.

Level 2: Subheading

Start the subheading at the left margin of the page, four spaces (i.e., two returns when the document is set for double-spacing) down from the title, set in bold 12-point type. Double-space (one return) to the subheading body text. Indent the first line of the body text five spaces.

Level 3: Sub-Subheading

Start the sub–subheading at the left margin of the page, double-spaced (i.e., one return when the document is set up for double-spacing) from the subheading, set in 12-point italics. Double-space (one return) to the sub-subheading body text. Indent the first line of the body text five spaces.