1.a) Define fiscal policies and provideexamples of 2-3 specific policies from anylevel of government. Have these policieschanged due to the ongoing pandemic andeconomic crisis? Why or why not? How havethese policies affected/influencedmacroeconomic conditions? andb)Briefly discuss the economic benefits of ahighly educated and skilled work force. Howdoes this and/or will this differ from a lowereducated and lower skilled work force?Explain how government(s) could do more foreach group to either encourage increasedR&D activities or willingness to achievesuccess(es).

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1.a) Define fiscal policies and provide examples of 2-3 specific policies from any level of government. Have these policies changed due to the ongoing pandemic and economic crisis? Why or why not? How have these policies affected/influenced macroeconomic conditions? and

1.a) Define fiscal policies and provide examples of 2-3 specific policies from any level of government. Have these policies changed due to the ongoing pandemic and economic crisis? Why or why not? How have these policies affected/influenced macroeconomic conditions? and

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter17: Taxation And Resource Allocation

Section: Chapter Questions

Problem 2DQ

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Question

1.a) Define fiscal policies and provide
examples of 2-3 specific policies from any
level of government. Have these policies
changed due to the ongoing pandemic and
economic crisis? Why or why not? How have
these policies affected/influenced
macroeconomic conditions? and
b)Briefly discuss the economic benefits of a
highly educated and skilled work force. How
does this and/or will this differ from a lower
educated and lower skilled work force?
Explain how government(s) could do more for
each group to either encourage increased
R&D activities or willingness to achieve
success(es).

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