I am doing a project on Ted Cruz and his propsals to improve the economy, what I

Question

I am doing a project on Ted Cruz and his propsals to improve the economy, what I need help on his finding the Short-run and Long-run based on his proposals and how it improves the economy or doesnt. This is what i have on him so far,

Gov’t Spending:

Abolish four unnecessary cabinets

Grace commission 2.0

Taxes:

Simple flat tax

Gov’t Transfers:

Improve Social Security

Improve Medicare

I need the short and long run to these proposals based on the AD model.

EX: Inflation Increase, AD decrease, etc...

Explanation / Answer

Ted Cruz was advocated the free trade in United States of America. Ted Cruz also proposed the policy to abolish the IRS and implement the flat tax system. Ted Cruz also opposed the high minimum wage rate in U.S.A. Cruz proposed the policy to decrease the government spending. He thought that government spending have a negative impact on economy policy of United States of America. Cruz also wanted to eliminate the department of commerce, department of education, and department of housing and urban development.

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.