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Drawing on current business publications, find an article in which either fiscal or monetary policy makers were describing their goals of maintaining stable prices, full employment, and adequate economic growth over time. Which goal was the most important at the time your article was written? Then visit the current 'Beige Book" report for the Federal Reserve for your region (please identify your region) and compare the current discussions at the Fed with the article that you found. How successful do you think current monetary policy has been at achieving its goals?
Economists usually maintain that policy designed to increase aggregate demand cannot have any long-run real effects. What lies behind this argument?
Why do restaurants shut down at a certain hour of the day, say 10:00 p.m? Why do movie theatres still show movies that have just a handful of movie watchers? What is the difference between accounting profit, economic profit, and normal profit?
Consider the Solow Growth Model with no techonological change or population growth. The savings rate is 10% and the depriciation of capital rate is 5%. The production function is F= K1/3L2/3. Find the steady-state captial-per-capita stock, and consum..
Suppose there are 100 firms in a perfectly competitive industry. Each firm has a U-shaped, long-run average cost curve that reaches a minimum of $10 at an output level of 8 units. Find the long-run equilibrium in this market and determine the consume..
Assume you will read the magazine for at least the next 5 years. For what interest rates do you prefer each payment plan?
Using date from the Current Population Survey, the U.S. Bureau of labor Statistics recently announced that the U.S. November unemployment rate was 5.8 percent, the Northwest Arkansas metro area November unemployment rate was 3.9 percent, and that U.S..
What influence did the elements of the Juran Trilogy have, if any, on the company's quality training curriculum? If the company does not have a quality curriculum, why do you believe, based on your research, it adopted the Juran Trilogy but did not m..
What does a nation’s unemployment rate indicate? Describe what type of unemployment you think each of the following illustrates:
The Wall Street Journal's experience after it increased its cost to 75 cents. Illustrate what implicit assumptions are the publishers also the analysis making about cost elasticity.
q1. suppose that in saudi arabia produces 200 million barrels of oil and 3 million cars and that the united states
Explain why China has in recent years been manipulating its exchange rate relative to the dollar, and how it effects this currency manipulation
the probability of damage between $10,000 and $25,000 to be.12 If the company wants to make a profit of $200 above the expected cots, what should be the price of the policy?
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