Hottest 'united-states' Answers - Economics Stack Exchange
There are several issues here: There are banks offering close to $1.5\%$, some well-known such as Goldman Sachs and American Express Most banks currently have excess reserves deposited in the Federal Reserve System which they could use for lending if they wanted to, so they are not missing profitable commercial lending opportunities due to lack of deposits ...
microeconomics interest-rate federal-reserve united-states
Question B in the link answers your question: most participants believe that taxable income would not rise enough to offset the tax cut, indicating that they do not believe we are on the wrong side of the Laffer Curve.
macroeconomics economic-growth taxation optimal-taxation united-states
Looking at gross output (which includes using the outputs of other industries) and value-added (largely wages and profits) by industry you get numbers like this for 2017 in USD trillion. Adding up the value-added gives total GDP, and you can see that there is a lot more to the economy than manufacturing ...
macroeconomics gdp finance financial-economics united-states
I am not sure why West Virginia is the least vaccinated state* in the US but If vaccination is progressing poorly in your state the government is more likely to try and encourage it by all sorts of measures - like vaccine lotteries/cash giveaways. Thus it is not the giveaways that cause low vaccination rates, but rather the other way around. There has to ...
The video has a transcript with the references. The \$0.25B figure is obtained from here (after adjusting for inflation). Unfortunately, the author does not provide a source for the \$1.2B figure. However, there are estimates of the value of land elsewhere. For example, here. Their estimates on a map: These estimates consider the value of land only, ...
value united-states land
To answer this I have to make some guesses because this is not an area of research for me, but having a spouse from there and having spent time there, I think I could make a somewhat educated guess. Especially because it uses a market system rather than a rate setting system for generation. First, Massachusettes has the third highest population density of ...
Michel_T.
Yes there are other factors at play. Inflation is change in a price level. The price level, according to classic textbook monetary equation, is determined as follows: $$P = \frac{MV}{Y}$$ Where $M$ is the money supply, $V$ velocity of money (how much is one dollar used in the economy) and $Y$ is the real output. So beside money supply and real output ...
inflation money-supply united-states
Bureaucratic history time! Yes, this agency (and its predecessors) have always been responsible for GDP; GDP was created a couple decades after the Department of Commerce and the Department of Labor split up. The full answer is that the Bureau of Economic Analysis (BEA) was created in 1972 as a bureau in the Social and Economic Statistics Administration (...
The fear is that higher interest rates would damage the economy. The problem with that worry is that the Federal Reserve could buy bonds itself, to cancel out the foreign selling. The hidden assumption is that this selling would have to be very rapid. If the foreign reserves managers liquidated their Treasury holdings over five years (for example), the ...
government-debt international-economics debt bonds united-states
It wouldn't "ruin the US economy". The US (the country as a whole, not the government) bought goods and services from rest of the world by selling them IOUs. So far, the world has been content to let the US roll over these obligations. If the world decided that they wanted to trade these IOUs for goods and services, the US would have to start running current ...
How many US Dollars are lost or destroyed annually?
Are there any estimates on how many US Dollars are lost or destroyed annually? By "lost or destroyed", I mean permanently removed from circulation because the currency is no longer usable. The link I offered as a comment covers this question nicely. When Currency Is Physically Destroyed Obviously, not all money is electronic. Just look at your ...
currency united-states
To be the wrong side of the Laffer curve would require there to be another lower tax rate which produced the same or greater tax revenues That is not what was being said: Question A addressed the sign of the impact on GDP, not on tax revenues; Question B addressed the sign of the impact on tax revenues; nobody agreed and the large majority disagreed ...