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Factors to include: 1 . Based on the game, how did the simulation show the use of monetary policy to control both unemployment and inflation? How do Federal Funds Rate affect unemployment and inflation based on your experience with the game? 2. How can unanticipated circumstances affect the economy? Give example of those circumstances that you encountered during the game. How did you as FED chairman react to those circumstances? 3. Did you get reappointed? Why or why not? 4. Use the following terms in your paper : money market, open market operations, open market purchases, open market sales, speculative demand for money, transaction demand for money, appreciation of a currency, depreciation of a currency, discount rate, exchange rate, federal funds market, federal funds rate,illiquid
Explain why the cost structure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms. (At the same time, one internet business such as grocery home deliveries have continually s..
If the firm wants to produce one unit of output at minimum cost, how much should it produce in each plant? If it wants to produce two units of output?
The idea that individuals who work for companies should receive at least an equitable hourly income is known as
Select 5-innovations associated with Industrial Revolution and five innovations from Technological Revolution. For each innovation, recognize the effects it had on individuals, societies, businesses, and politics.
Many retail companies use mark up pricing? Setting price some percentage above variable cost (such as 50% above cost).
describes a measure used to compare two different tests with the same group of participants to see how closely correlated the two sets of scores are with each other. Inter-rater reliability, Test-retest reliability, Parallel-forms reliability, Intern..
Determine what is the cumulative change in concentration of iodide ion at each of these four times?
What is the TOTAL amount of output the firm should produce and approximately how much output should the firm allocate to market 1?
If the bank maintains a reserve requirement of 2 percent, what is the maximum loan that the bank A can make b) what is the maximum amount by which the money supply can by increased as a result of bank A's new loan
Give a brief summary of economic costs. In the short-run, why might a firm still operate even when there is a loss.
How much effort do the students exert in the Nash equilibrium of the game introduced by Amalia and what value for the cake induces the students to exert the efficient effort level
If total consumer expenditure remains the same after a new tax is imposed on cigarettes then spending on cigarettes will decrease and spending on other goods will increase.
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