Reference no: EM13852377
1) Why is it possible to change real economic factors in the short run simply by printing and distributing more money?
2) Explain why a stable 5% inflation rate can be preferable to one that averages 4% but varies between 1-7% regularly.
3) Explain the difference between active and passive monetary policy.
4) Suppose the economy is in long-run equilibrium, with real GDP at $16 trillion and the unemployment rate at 5%, Now assume that the central bank unexpectedly decreases the money supply by 6%.
a. Illustrate the short run effects on the macro-economy by using the aggregate supply-aggregate demand model. Be sure to indicate the direction of change in Real GDP, the Price Level and the Unemployment Rate. Label all curves and axis for full credit.
5) Suppose the economy is in long-run equilibrium, with real GDP at $16 trillion and the unemployment rate at 5%. Now assume that the central bank increases the money supply by 6%.
a. Illustrate the short-run effects on the macro-economy by using the aggregate supply-aggregate demand model. Be sure to indicate the direction of change in Real GDP, the Price Level, and the Unemployment Rate. Label all curves and axis for full credit.
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Information in the budget documents
: Out of the information in the budget documents given above, state which information is NOT relevant to deciding the product mix to maximise the contribution to company profits.
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What strategic planning model does your chosen organization
: What strategic planning model does your chosen organization currently use and which theoretical framework, such as systems theory or change theory, does your chosen organization currently use?
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What employability skills have you started to develop
: During the semester you have started to develop skills that employers will be looking for in their employees. What three employability/career skills have you started to develop as a result of having completed this unit.
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Joint costs using the relative sales values
: Allocate joint costs using the relative sales values at the split-off point and calculate the profit per 100 pound box of sugar coated peels and the profit per pint of juice.
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Difference between active and passive monetary policy
: Explain the difference between active and passive monetary policy.
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Develop recommendations for further development of service
: Develop recommendations for the further development and improvement of the service. Using methods and criteria from the course describe and evaluate the service provision.
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Compute conversion costs
: 1. Compute conversion costs given the following data: Direct Materials, $347,500; Direct Labor, $196,300; Factory Overhead, $187,900; and Selling Expenses, $45,290
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Find the equilibrium price and quantity
: What did Congress hope to achieve by setting this price control?
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Provide step by step solving process
: A dental clinic at which only one dentist works is open two days a week. During those two days, the traffic arrivals a Poisson distribution with patients arriving at the rate of three per hour. The doctor serves patients at the rate of one every 15 m..
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