question 1. Should our fiscal policies be based on the employment figures alone,

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question 1. Should our fiscal policies be based on the employment figures alone, especially those released by the Bureau of Labor Statistics?

QUESTION 2 :It's a government slight of hand dedicated to making sure you never realize the full extend of their money creation. They do this to finance their debt. The government borrows $100, pays it's bills and they repay the debt with dollars that are worth less than those they borrowed (they have through borrowing increased the money supply) This is also inflation! Inflation is a tax! The government does not have the courage to tax you directly so they do it indirectly. They then blame the companies who are forced to raise prices as the costs of their inputs start to rise! Ask yourself, if food prices are rising rapidly---bought groceries lately?---why is food not included? Why not be honest with the people?

QUESTION 3 : Should savings be considered when calculating the GDP? Is government supported public transportation worth the expense? Are there other alternatives?

QUESTION 4 : There are two components to the Balance of Trade concept: the Current Account and the Capital Account. What does each component measure in international trade?

QUESTION 5 : This is double taxation. We are the only country in the world that does that. Do you think we need to correct our tax code to compensate for this? .What is a flat tax? Have you ever heard of it? Should we have a tax code with 3 flat tax rates? Why or why not?

QUESTION 6 :

Whenever a new government distribution program is offered, see how many people show up. Most don't technically qualify, or even need whatever is being distributed, but they want their share! Government entitlement programs are an encouragement to leave gainful employment in order to qualify for the free stuff! What happens when we run out of other peoples' money to pay for these services? I think we are beginning to run out of other peoples money.Read about the Roman Empire under Diocletian in the third century. Are we repeating history?

QUESTION 7 :

When the government lets you keep some of the money you earn, it's called an investment in the economy. The government wants more investment capital spent by major corporations so wouldn't it be better to simply change our tax code? Wouldn't that bring more jobs back to this country? What's the difference between a Democracy and a Republic? There is a very distinct and important difference.

PLEASE ANSWER ALL THE 7 QUESTIONS

Explanation / Answer

1. Fiscal policy shouldn't alone be based on employment figures. But instead it should be based on decline in output due to poor aggregate demand in the economy. In times of automation, it is possible that employment may decline when actually output is rising with inflationary tendency in the economy. Policy makers must look at employment figures in conjunction with GDP growth rates and inflation.  

According to chegg guidelines, in the event of multiple questions only first one is attempted.

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