Predictions as the one we use in class

Assignment Help Business Management
Reference no: EM131260046

Agriculture economics: Read the article (1 and 1/2 page) attached below then write a short essay. 

CBO uses the same model to make their predictions as the one we use in class.  More sophisticated and detailed, yes, but it's got aggregate demand, aggregate supply, potential output, money demand and money supply.  They predict real GDP growth, inflation, unemployment and interest rates with those tools.  So, don't be surprised that, after only half a course in introductory economics, you can already understand a real report relied upon by economists, legislators, reporters and Wall Street investors.  Concentrate on what the CBO thinks will happen between now and 2020.

In your essay, you should include the following:

  • Explain what the CBO thinks will happen to consumption spending, and give reasons why.
  • Explain what the CBO thinks will happen to business investment spending, and give reasons why.
  • Explain what will happen in the money market, using money demand and money supply.  Be sure to include the effects of Federal Reserve policy.
  • Use the goods market and potential output to explain what will happen to output, unemployment and inflation.

These four points are the "rubric" for the essay, the things to write about in a good essay.  The four calibration questions will be based on these four points.

Reference no: EM131260046

Questions Cloud

Identify five requirements of an effective mrp system : What is the rationale for (a) a phantom bill of material, (b) a planning bill of material, and (c) a pseudo bill of material? Identify five specific requirements of an effective MRP system ?
Implications for environmental policy : Does globalization have any implications for environmental policy? Justify and support your position.
What are the distinctions between mrp and drp and erp : What are the distinctions between MRP, DRP, and ERP? The structure of MRP systems suggests "buckets" and infinite loading. What is meant by these two terms?
Find the optimal solution to the problem : Determine whether they are local/global max, min or saddle points - Write down the KKT conditions and explain why KKT conditions are necessary and sufficient.
Predictions as the one we use in class : CBO uses the same model to make their predictions as the one we use in class.  More sophisticated and detailed, yes, but it's got aggregate demand, aggregate supply, potential output, money demand and money supply
Design a network specified by bsw : ISIT925_2016 Major Project. The broad requirement delivered to you by Channel4 management is to analysis the network and design a network specification that can then be validated by BSW who will then provide management with recommendations about w..
Draft the communications plan for your project : Draft the communications plan for your project. Write between 750 words using Microsoft Word in APA 6th edition style.
Differentiate between transaction and translation risks : Differentiate between transaction and translation risks. Explain how these risks affect firms and investors. Describe the product life cycle as a useful tool for managing products after they have been introduced to foreign markets.
Identify what an erp vendor includes : Use the Web or other sources to identify what an ERP vendor includes in these software modules:-  Customer relationship management. - Supply-chain management.

Reviews

Write a Review

Business Management Questions & Answers

  Quick ratio and the net working capital to total assets

A firm has the subsequent financial data: Current assets $600000 Fixed assets 400000 Current liabilities 300000 Inventory 200000 If inventory increases by $100,000 what will be the impact on the current ratio the quick ratio and the net-working-ca..

  Select a u. s. company with global operations

Select a U. S. company with global operations. Write a 6 page paper in which you will respond to the following: 1. Discuss the firm's activities outside the U.S.  2. Identify which economic concepts, such as comparative advantage, apply to your firm..

  Developing leadership in global organizations

Share a current event article with the class that relates to the concepts covered in this week's reading. Write a brief summary, and explain why you felt the article was relevant. We are reading about ..... Chapter 8: Developing Leadership in Glob..

  What steps are taken before terminating an employee

What steps are taken before terminating an employee? How are corrective measures taken? Does the employee have the right to appeal disciplinary decisions? Why or why not?

  Explain characteristics of three sixty-degree feedback

Explain the specific characteristics of the 360-degree feedback process for project staff at this company and recognize two problems that company must know about 360- degree feedback systems.

  Determining the internal environment

"Internal Environment" Please respond to the following: CHOOSE A COMPANY you researched to determine that company's strengths and weaknesses. Be as specific as possible.

  The opportunities and threats of a firm

Discuss  the opportunities and threats of a firm which employs a single or dominant product business model?

  A change in individual behavior as to a change in price

What would cause a change in individual behavior as to a change in price, a change in income, substitution and management decisions considerations for community hospitals?

  Managing a company such as coca cola

Discuss the economic, legal, ethical and philanthropic responsibilities you would have to consider in managing a company such as Coca Cola and suggest reasons that you would provide to the board as to why Corporate Social Responsibility is importa..

  Attributes of effective business presentations

Attributes of Effective Business Presentations - Find a Web site that details the attributes of an effective business presentation.

  Minimize the total cost

1. 2. Suppose a firm has a cost function: TC = 4x2 + 10y2. The production manager want to know the quantities of each product that will minimize the total cost if the total output of x & y must equal 800.

  Disadvantage in on spot payments

What are disadvantage in on spot payments? And is it safe paying on spot rather than online?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd