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Problem
After researching the latest consumer confidence estimates, in addition to the latest unemployment and inflation estimates, do you estimate good or bad times ahead for the U.S. economy in the next five to ten years? You are being asked to consider economic growth (ie the growth of real GDP). Please be specific in your analysis as to what aspects you believe most contribute to your positive or negative outlook.
The latest consumer confidence estimates and the latest unemployment and inflation data can be found at www.bls.gov under Latest Numbers.
Optional activity: Play the Federal Reserve's economic forecasting game! You can enter specific forecasts on various economic variables and compete nationwide.
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Larry is owed money in two bankruptcies, X and Y. He is owed £28,500 as an unsecured creditor in bankruptcy X that pays £0.29 in the pound to unsecured creditors. He is also owed £40,000 in bankruptcy Y, as the sole secured creditor. The total ass..
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In the General Fund, journalize the receipt of the $30,000 from the Special Revenues Fund. Journalize receipt of the grant proceeds in Special Revenues Fund.
How much will this consumer be willing to pay for the product if the firm offering the reliable product includes warranty that will protect the consumer? Explain.
Barry earns $20 an hour for up to 40 hours of work per week. He is paid $30 an hour for every hour of work in excess of 40. There are 110 hours a week available for work. Draw Barry's budget line for these facts. Label completely.
One of the key features of the law that created the Federal Reserve System was that the Fed was to remain autonomous from the influence of the President and Congress. Recently, there have been calls that the Fed lose autonomy and even eliminated a..
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