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Analyze economic indicators to determine which fiscal and/or monetary tools to apply to the economy.
1. The president and congressional leaders are currently looking over economic data to decide the appropriate fiscal policy for the upcoming year. Their goal is a 3% average GPD growth rate and an unemployment rate to be below 4%. Current economic indicators are showing that the economy is experiencing an average GPD growth rate of 2% and an unemployment rate of 5.5%. Based on the current economic indicators, which fiscal policy tools should the government use to reach their economic goals? In 3-4 sentences use evidence from the text to justify and explain your answer.
2. Federal reserve board members are analyzing current economic data to decide monetary policy. Their target goal for the economy is for the average god growth not to exceed 4% and for inflation not to exceed 2%. Economic indicators are showing that the current economy is experiencing an average GPD growth for 4.5% and an inflation rate of 4%. Based on current economic indicators, which monetary policy tools should the federal reserve use to reach their goal?
ECON125-HK2: Which of the following areas of study is included in the field of macroeconomics? When the supply of a product increases but the demand for the product remains unchanged, the equilibrium price of the product will?
1.Why does the marginal revenue product differ betweenworkers in different jobs?
Which of the two options should Patricia pursue if she wants to open a restaurant in a suburban area of Los Angeles? Calculate the total expected utility from each restaurant option and compare.
If income elasticity of demand of good X is 0-89, what will happen to equilibrium price if there is an increase in income of consumers. Draw a diagram to support your answer.
1.For what reasons might GDP be a poor indicator of (i) The level of development of a country; (ii) Its rate of economic development?
What are the arguments for and against relying entirely on discretionary regional and urban policy?
Analyze Social Security from an economic perspective. Discuss a motivation for choosing these topic and list potential sources of content.
How did the United States win the War against such a powerful adversary?
One can think about cultural diversity in many ways. How, in your opinion, should an American organizations approach cultural diversity issues?
Ethical relativism does not do a good job of resolving conflicts, but it can work well to resolve conflicts within a culture by applying the majority rule. For this paper you are going to use ethical relativism to determine the best way to deal
Think about an organization for which you currently work or one that you previously worked for - Do you believe that groupthink affects or has ever affected the organization's decision-making process? Why or why not?
Calculate the effective borrowing costs with prepayment in five years. Calculate the lender's yield with prepayment is five years.
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