GNP and GDP: An Explanation of Terms
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5 pages. Government spending on goods and services is a significant fraction of the total output of the economy. Total consumer spending, investment, government spending and net foreign spending on final goods and services are the components that make up most of the gross national product. This paper goes into lengthy detail of the difference between the gross national product (GNP) and gross domestic product (GDP). Bibliography lists 4 sources.
Filename: JGAgdgnp.wps

Government and The Economy
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A 4 page research paper that discusses the effect of government policies on the American economy. The writer argues that while many aspects of Keynesian economic theory are still applicable today, examining the effects of the global marketplace shows that this picture is rapidly changing, which means that Keynesian policies and tactics no longer work quite like they used to in past decades, and this limits the effect of government policy on the economy. Bibliography lists 4 sources.
Filename: khgovep.rtf

Government Spending As A Percentage Of GDP
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An 8 page paper discussing the 1998 disappearance of the federal budget deficit and the possibility of linking government spending to growth of GDP. Linking government spending to GDP would result in total chaos within the government and in all of the programs on which it manages to spend so much. While it is true that government spending increases have trailed increases in tax revenues based on constant or lower tax rates, there is never a guarantee those revenue increases will continue. So far, economists have not been able to agree even on the reasons for the long period of economic growth, much less how to ensure its continuation. Bibliography lists 7 sources.
Filename: Govspend.wps

Government Tax Strategies
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This 7 page paper looks at a fictitious scenario concerning tax strategies for an unnamed state. Several options in terms of consumption taxes are explored. Bibliography lists 5 sources.
Filename: govTaxes.wps

Government’s Role in the Economy
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An 8 page paper discussing what government’s role should be in the national economy. The paper concludes that true laissez-faire is not workable, but neither is the heavy-handed regulatory environment in which business is able to operate with only part of its abilities put to use. The federal government walks a fine line between “enough” and “too much” government. It terms of the economy, it needs to err on the side of not doing enough, leaving the market to find its own level. Bibliography lists 4 sources.
Filename: KSeconGovtRole.rtf

Gross Domestic Product and the 2002 Economic Report of the President of the United States
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This 8 page report discusses the macroeconomic realities of the gross domestic product or GDP and the ways in which it serves as an important indicator of the health and well-being of a nation’s economy. Information from the President’s report is tied in with the most basic aspects of how and why the status of the GDP matters in the economy. Bibliography lists 3 sources.
Filename: BWmaceco.rtf

Henry Hazlitt's Arguments
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This 5 page paper discusses three of the concepts Hazlitt puts forth in his classic Economics in One Lesson: the Broken Window fallacy; Blessings of Destruction and Public Works Promotes Taxes. The Blessings of Destruction is an extension of the Broken Windows fallacy. Hazlitt's general theme is that people fail to look beyond the immediate effects of any economic policy. People tend to see only what is clearly visible to their own eyes; they need to extend their thinking. Each of these concepts are explained with examples. Bibliography lists 1 source.
Filename: PGhazlt.rtf

House Bill 672 in New Hampshire
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7 pages in length. The introduction of House Bill 672 in New Hampshire provides for equal mental health insurance benefits compared to medical health insurance benefits. This is an important step forward in solving the problem of inequality in these health benefits, and is at least partly due to nursing's unique contribution to the solution of the problem. Bibliography lists 7 sources.
Filename: JGAhb672.wps

In Favor Of National Budget Equilibrium
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A 2 page paper briefly explaining why neither deficit nor surplus operation is desirable when applied to the federal budget. Deficit spending robs from the future; surplus operation fails to gain full advantage of all resources available. Equilibrium is optimum. Bibliography lists 6 sources.
Filename: Deffini.wps