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After a meeting, the Federal Reserve Open Market Committee has decided to carry out measures to reduce inflation in the economy. Which actions will it take? Select and explain in a couple sentences.
a) Cut or increase interest rateb) Reduce or increase reserve ratioc) Increase or reduce federal funds rated) Approve or reject quantitative easinge) Buy or sell government securities.f) Make money available in the discount window or prevent lending from the discount window
What will happen to the rate of structural employment if an economic slowdown means taxi drivers lose their jobs?
This increases the need for education in the economy as a whole because automation took away these jobs. Because of the increased need for education, more jobs were created and the education setting like universities have created jobs.
A new 10,000-square-meter warehouse next door to the Tyre Corporation is for sale for $450,000. The terms offered are $100,000 down with the balance.
Assume that the exchange rate is allowed to fluctuate freely. Use the IS-LM-IP Model to explain and graphically illustrate the impact of foreign output/income, will have on the domestic economy. Be sure label all graphs clearly with the curves and eq..
The park service wants to restrict the number of visitors to Yellowstone National Park to Q*,which is fewer than the current number of visitors. It considers two policies: (i) raise the price of admissions, or (ii) set a quota. Compare the effec..
Why did Britain move textile production into the factory while China's cloth production remained home based?" Question needs to be answered in relation to the First Industrial Revolution.
In fall 2013, Apple loaned it sapphire glass supplier $578 million to set up a manufacturing plant to produce the glass for the new iPhone 6. In November 2014, Apple's glass supplier lost the contract and promptly filed for bankruptcy. What happen..
What is the difference between the Governor of the Bank of Canada and the Minister of Finance in terms of managing the economy? The full employment GDP
What is real mortgage interest rate in 2001, 2002, 2003 and 2004? What are the values in 2000 dollars of the Nancy's monthly mortgage payments in the year of 2001, 2002, 2003, and 2004?
Working with dates in any database can cause some frustration. How do the Format:format(Hire_Date,"dddd dd mmmm yyyy") (Oracle TO_CHAR)and to_date('#DateFormat(timestamp1, "DD-mmm-YYYY")# (Oracle TO_DATE) functions help in working with date log..
Why do you think some economists were dissatisfied with the cardinalistic approach to the consumer theory.
Describe how the Federal Reserve can affect the money supply and interest rates.
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