JobKeeper was a Australian government initiative introduced during the Coronavirus pandemic to ensure that businesses could continue to employ workers. explores potential government initiatives following the conclusion of JobKeeper. Watch the video and answer the questions. The video proposes a HECs-style government loan to be offered to businesses following the conclusion of JobKeeper. Why might the government prefer to give a loan to businesses rather than a subsidy? Group of answer choices 1Since firms have to pay it back eventually, the government ensures that businesses do not grow too quickly 2The government wants to minimise the effect of this initiative on its deficit, while still supporting businesses 3Giving a subsidy to businesses may cause a reduction in innovation and therefore a waste of taxpayers dollars 4 B and C are possible

JobKeeper was a Australian government initiative introduced during the Coronavirus pandemic to ensure that businesses could continue to employ workers. explores potential government initiatives following the conclusion of JobKeeper. Watch the video and answer the questions. The video proposes a HECs-style government loan to be offered to businesses following the conclusion of JobKeeper. Why might the government prefer to give a loan to businesses rather than a subsidy? Group of answer choices 1Since firms have to pay it back eventually, the government ensures that businesses do not grow too quickly 2The government wants to minimise the effect of this initiative on its deficit, while still supporting businesses 3Giving a subsidy to businesses may cause a reduction in innovation and therefore a waste of taxpayers dollars 4 B and C are possible

Microeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506893

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter2: Some Tools Of The Economist

Section: Chapter Questions

Problem 2CQ

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QUESTION 10 Mrs Cook is an English teacher. If a student forgot their memorised speech in the middle of it, Mrs Cook would permit them to look at a copy of their script, then continue. Jenny is lazy and does not want to memorise her speech. Instead of memorising the whole thing, she only memorises her introduction, knowing that Mrs Cook would just let her see her script if she forgot everything after that. Answer the following questions: a. How would Mrs Cook's rule of allowing students to look at their script if they forgot their speech affect the likelihood of students memorising their speeches? D Type in D for decrease, R for remains the same, C for increase, or U for unable to tell. b. The above answer demonstrates the occurrence of which economic concept? M issue, C for Competitive market, L for Lemons Model, A for Adverse selection. Type in M for Moral hazard, P for Principal agent c. If Mrs Cook decides to penalise students that have to look at their script with a 5% deduction…
View a video conference from YouTube titled: “A Conference Call in Real Life by Tripp and Tyler.” Then answer the following questions. What was the topic of the video conference? Who were the participants? Where were they from? How was the flow of the video conference? Were there some technical glitches encountered? Were they resolved immediately? Explain further. After viewing the sample video conference, what do you think are some of the constraints of this communication mode?
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Another driver did something really stupid, and I told the taxi driver that in the US I would have given the driver an obscene gesture. He said, he would, too, but there is a fine of 500 deutschemarks( about $240) in Bavaria for doing that. I asked if there were other fines, and he mentioned a fine of 300 deutschemarks for giving a certain other obscene gesture. The questions are: (1) Do these fines reduce the number of gestures given(do people move up the demand curve as price rises)? (2) To what extent are different gestures substitutes whose consumption depends on the relative prices(fines)? (3) More generally, what is the price elasticity of demand for giving obscene gestures? How elastic do you think your own behavior would be in response to a difference in fines for different gestures? If chances that you might be caught increases, what happens too your price elasticity of demand for giving obscene gestures?
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