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Country X has a budget deficit. Which of the following changes in government budget outlays and tax revenues will result in a decrease in Country X’s government budget deficit?

If investment demand becomes less responsive to changes in interest rates, which of the following is true?

A fiscal policy action to reduce inflationary pressure would be to increase which of the following?

In legal disputes, the _____________ represents the federal government in the US Supreme Court.

If I die in 2025, how much can I transfer without estate tax implications?

Landon, age 47, is single and works at a local bank. His gross salary is $100,000 annually. He invests 8% in his 401k plan, 10% into other investments, pays about $11,500 in federal income tax, and also pays FICA tax. His mortgage principal and interest is $1,500 per month and he expects to have it paid off by the time he retires in 20 years. Based on this information alone, calculate Landon’s wage replacement ratio.

Jose is currently age 27 and plans to retire at age 65. His mortality age is 95. What is Jose’s work life expectancy (WLE)?

Max is currently age 32 and plans to retire at age 67. His mortality age is 95. What is Jose’s retirement life expectancy (RLE)?

Now assume that Hunter 1 moves first. That is, Hunter 1 makes a decision, then Hunter 2 observes Hunter 1’s decision and make a decision. Draw the game tree in your scratch notes and check all the subgame perfect Nash equilibria in this game. (The answer can include one or multiple equilibria.)  [Hint: Use Backward induction] 

In the long run, the market equilibrium output (quantity) increases.