Reference no: EM131527608
The course text must be clearly used and referenced according to APA standards for this assignment. You are welcome to bring in additional scholarly sources also. Your work is to be 4 page long.
Question 1:
A) Say the economy is in recession and you are the newly hired Federal director of fiscal policy and have been given the job of creating policies for the next four years that will aid the economy in emerging from recession and beginning a course of healthy economic growth. Based on the assigned reading from the text and any additional scholarly sources you choose to draw from, describe what you will do to succeed at this task.
B) Here the requirements are the same as for A) above, except that in this case the economy is growing rapidly, inflation is rising, and your goal is to bring inflation and growth down to "normal" rates.
Question #2:
A) List and explain the six properties of idea money.
B) You are a citizen of a newly developing economy and been appointed to develop a new currency and banking system that works effectively at home and will be accepted by foreign countries your economy intends to trade with. Based on the six properties in A), describe this currency (you may be creative) and the banking system.
Question 3:
Based on your understanding of the federal budget from the assigned reading and any other sources you select, explain how the federal budget could be balanced and the federal debt reduced by 20% in six years.
Bank of america faces outrage over debit card charge
: "Bank of America Faces Outrage over Debit Card Charge" was the headline in the Washington Post on September 30, 2011.
|
Discuss the cost of the merchandise returned
: Superior Co., a furniture wholesaler, sells merchandise to Beta Co. on account, $11,500, terms 2/15, n/30. The cost of the merchandise sold is $6,900.
|
Assessing the health of an entire economy
: Why do economists focus on GDP, inflation, and unemployment when assessing the health of an entire economy?
|
Compared to the chosen labor group
: Why do hedge fund executives earn so much compared to the chosen labor group?
|
Federal director of fiscal policy
: The course text must be clearly used and referenced according to APA standards for this assignment.
|
Journalize entries for the given related transactions
: Purchased $12,000 of merchandise from Loew Co. on account, terms 2/10, n/30.
|
What is the amount debited to accounts receivable
: Enid Co., a women's clothing store, purchased $7,500 of merchandise from a supplier on account, terms FOB destination, 2/10, n/30. Enid Co. returned $1,200.
|
Outline labor costs and service costs for suggested design
: Outline the labor costs, equipment costs and service costs for your suggested design in table format. Suggest LAN and Wireless LAN (WLAN) wiring considerations.
|
Discuss the importance of standardization
: Discuss the importance of "standardization" (coins, stamps, language, etc.) in that unification.
|