This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain spending caps set by the Budget Enforcement Act. What will be an ideal ... (Read 74 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Jun 30, 2018
Explain spending caps set by the Budget Enforcement Act.
 
  What will be an ideal response?

Question 2

Let  represent labor's share of total output. The Solow residual is, therefore, represented by
 
  A) gy.
  B) gA.
  C) gK.
  D) gN.
  E) 1/.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macmac

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

The Budget Enforcement Act imposed constrains on spending. These constraints, called spending caps, were set on discretionary spending for the following five years. These caps were set in such a way as to require small but steady decrease in discretionary spending (in real terms). Explicit provisions were made for emergencies.

Answer to Question 2

B


laurencescou

  • Hero Member
  • *****
  • Posts: 593
Reply #2 on: Jun 30, 2018
Thank you :)


macmac

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
What are examples of ideal forms? What are examples of ideal forms?
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
Polar ice caps lose mass as surface ice melts Polar ice caps lose mass as surface ice melts
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Explain the assumptions that must be satisfied in order to validly use the one-way ANOVA ... Explain the assumptions that must be satisfied in order to validly use the one-way ANOVA ...
Video: Haustral churning, Gastrocolic reflex and mass peristalsis & Defecation

For a complete list of videos, visit our video library