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Question: Visit the Fed's Summary of Commentary on Current Economic Conditions, also known as the Beige Book. Prepare a proposal recommending monetary policy actions designed to correct problems with spending, employment, and prices. Defend your choices.
The government is considering a policy to reduce air pollution by restricting the use of "dirty" fuels by factories. In deciding whether to implement the policy, how, if at all, should the likely effects of the policy on real GDP be taken into acc..
Inflation is 20 percent. Debt is $2 trillion. The nominal deficit is $300 billion. If the expected inflation rate falls from 20 percent to 15 percent, by how much does the real deficit change?
Consider two occupations (A and B) that employ people with the same skills and abilities. When employed, workers in the two occupations work the same number of hours per day.
Bob is proud of the film and wants as many people as possible to download it. Which price would he choose? How many downloads would be sold?
If you were going to invest money, given today's financial market status, where would you invest your money today? What is the difference between stocks and bonds?
According to chapter 16, which deals with fiscal policy, a tax reduction can be utilized as an expansionary fiscal policy tool to expand the economy. Do you believe in a tax reduction for large corporations?
What is the firm's supply function when the $500 fixed cost is sunk?
Explain how the aggregate expenditure function shifts in response to changes in each of the following variables:
Discuss the key criteria for success and the advantages of a central bank adopting the framework of inflation targeting. Consider the features of a desirable monetary policy instrument. Is the size of the Federal Reserve staff good policy instrument?..
In what particular ways (if any) does a college education increase a worker's productivity? Take some special care with this problem.
The sampling plan was designed to obtain equal numbers of responses from small, medium, and large companies. In preparing an analysis of the survey results, do you think it would be reasonable to proceed as if the responses represented companies o..
Why did the global economy fail to self-adjust during the Great Depression Specifically, why didn't sales and employment respond to the declining prices and wages as classical economists would predict
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