I
will
need an all original answer for both of these questions. Also whom ever I am buying the answer from must be willing to give me 4 replies as well to 4 people when I send you there answer. So I am basically paying you to answer each question in 250 words at least for each question, then when I send the other students answer I need a reply of at least one paragraph or more at least 75 to 100 words all original.
Some states are required to balance their budgets. Is this measure stabilizing or destabilizing? Suppose all states were committed to a balanced budget philosophy and the economy moved into a recession. What effects would this philosophy have on the size of the federal deficit?
Second question is
Between October 2004 and 2005, real GDP in the United States increased by 3.6 percent, while nonfarm payroll jobs increased by only 1.4 percent. How is it possible for output to increase without a proportional increase in the number of workers? What are the implications in our economy of more output being produced by less workers?