Can the government always reduce the budget deficit

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:Midterm Project
Click HERE to watch this seven minute video from Paul Krugman, the author noted in Module 2.
The video is on income inequality and the middle class.  Within the context of the work you have done up until this module, determine whether or not you concur with his argument.  Write a four page APA format position paper, with proper citations and references, explaining your opinion.  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.  Next, elaborate in two additional pages on how you see the policies of the last presidency impacting the outcomes indicated.  Be sure to cite sources.
PART IV
Directions: Write a 3 to 4 page APA-formatted paper in which you address the questions below.  Use at least three cited references that are peer-reviewed sources.  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.      Choose four real-world companies, respectively one for each market structure type - Perfect Competition, Monopoly, Oligopoly, and Monopolistic Competition.
2.      Explain why the companies fit in the respective categories.
3.      Compare and contrast the four companies with regards to their market structure characteristics, including, but not limited to: barriers to entry, number of firms in the market, short-term and long-term profits, price elasticity of demand, etc.
PART V

In addition to the textbook readings, you watched hours of videos from experts in microeconomic theory at world class institutions.  You have also read competing position papers from three major economists in the world today and Nobel Prize-winning theorists.  Write a three page APA-formatted paper on the general competing theories between economists in today’s market as they relate to microeconomic theory.  Who are the theorists, what do they posit, and how do they support their work?  Be sure to use at least four sourced, peer-reviewed, and cited references in your work.