ALLIED ECN150 MODULE 3 HOMEWORK ASSIGNMENT

Welcome to the Module 3 Homework Assignment for ECN 150: Introduction to Microeconomics.This section prepares you to complete this assignment successfully. Please follow these instructions to complete and submit this assignment.You will create a document in either a .doc or .rtf format to record and save your work. If you have never created documents in an .rtf format, please visit the Academic Resource Center and click on Tutorials. You will then see a list of tutorials on the following page. Click on RTF Tutorial.Read the instructions carefully and review your work before you submit your assignment.Include a title page with this assignment. Your title page should follow standard APA formatting. Please view the .allied.edu/Pages/ViewPage.aspx?GroupID=189″>Title Page Example.When you are ready to submit the assignment, click the Start button at the bottom of the page to access the submission page and follow the instructions.Running head: [INSERT
TITLE HERE]

[INSERT
TITLE HERE]
Student
Name
Allied
American University

Author
Note
This
paper was prepared for [INSERT COURSE NAME], [INSERT COURSE ASSIGNMENT] taught
by [INSERT INSTRUCTOR’S NAME].

PART
I

Directions:
Write a paper that is two to three pages in length in APA format in which you
address the questions below. Use at
least two scholarly sources with references cited in APA format. Please utilize LIRN to help you get started
with your search. You may visit the
Academic Resource Center for a guide on how to utilize LIRN successfully.

1. Can the
government always reduce the budget deficit by simply increasing taxes? Why or why not? Please explain your answer using the Laffer
curve. In addition, use research and
show historical examples to illustrate your answer. Can the government tax its way out of the
current deficit? With more than $16
trillion in debt, what are some arguments for or against taxation to increase
revenue and reduce deficits?

PART II

Review the Federal Reserve Board website. Identify at least five key pieces of data you
would use in microeconomic decision making on the Web site. Submit a one page paper for each link and a
synopsis of what data that link provides to economists and for what it may be
used. Your paper should be 2 to 3 pages
in length.

PART III: Reflection Essay

Write a one page paper on what you found most useful in this
module. What was the biggest take-away
lesson you learned and how will you apply it to your own individual decision
making?