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Last week's discussion prompt invited you to assess the actions of federal fiscal policymakers (the White House and Congress), related to both the Great Recession and the Covid-19 pandemic. Now, consider yourself an influential member of the Fed, in charge of conducting monetary policy.
What would your policy prescription(s) be to deal with the effects of these two shocks?
Some real estate economists have argued that anchor stores in shopping malls create significant externalities for overall sales.
Is the country's foreign exchange overvalued or undervalued? Has the central bank intervened in the foreign exchange market on behalf of the country's currency valuation?
The economy begins in long-run equilibrium. Then one day, the president appoints a new chairman of the Federal Reserve. This new chairman is well-known for his view that inflation is not a major problem for an economy.
Suppose the quantity demanded of ski boats falls from 4.0 million to 3.0 million. What's the percentage change in quantity demanded using the midpoint formula?
Recall your technology experience in the workplace or at hoy. When adopting a new technology, what specific problems were you or your employer trying to resolve
Problem: What are the implications of globalization to our global economy?
The second part of the bill maintained that cities like Charlotte could not enact their own anti-discrimination policies. Was this act justified? Is this a matter of civil rights? Do states or national governments have the right to establish anti-..
Assume that an economy is experiencing simultaneous equilibrium in both the product market and money market. Furthermore, assume the MPC is
How has the supply and demand for a specific product affected? Which variables most affect your decision to either buy or not buy a good or service?
Demonstrate the mechanics of discretionary fiscal policy within the Keynesian framework.
Elucidate when did we have the last major tax increase. How did the economy react to that over the next few years.
In the text, we considered a sequential move game in which an entrant was considering entering an industry in competition with an incumbent firm. Consider now that the entrant, if fought, has the possibility of withdrawing from the industry (at a..
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