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Q. Pretend you were hired to lead the President's Council of Economic Advisers in 2009. Using the macroeconomic statistics provided in the National Economic Trends June 2012 report from the Federal Reserve engrave a well-supported two-page Executive Summary to the President of the United States on the state of the economy as you evaluate it in 2009 and what you believe his fiscal policy should be at that point in time.
Using two of your three pages, include the following in your analysis:
• 5 Key statistics. Explain why you selected these statistics and explain their trends. (Caveat - PPI, CPI, and inflation rate are all similar, so you may use only 1 of them as part of your 5 key statistics.)
• Describe the Discretionary and Non-discretionary Fiscal Policy you would advise
• Describe cuts and/or stimulus and what to target
Has the U.S. economy experienced inflation or deflation during recent recessions.
From the e-Activity, identify the company, the accounting impropriety or illegality, how it was detected, the outcome, and propose a strategy that might have prevented the situation. Indicate how the strategy should be implemented.
Using your answers above, why does the growth rate of real GDP differ depending on the base year? Explain how the technique of Chain-Weighted Real GDP alleviates this problem.
q.exercise 1price mart reduces the price of a 42 inch tv plasma from 1200 to 1000. as a result sales of tv plasmas
What is supply and demand. Illustrate what is the value of the tax revenue collected from the buyers. Why wasn't the government able to collect $12 per tire on 60 tires sold( the original equilibrium quantity).
A firm's marginal revenue is $133 and its marginal cost is #90 illustrate what amount of profit does the firm fail to pick up by refusing to incease output by one unit.
Using the national income identity find the value of imports (IM). Illustrate what is the current account balance. Illustrate what is the savings rate.
Illustrate the effect of captial formation by comparing the production possibilty curves, at the present time and ten years in the future, for two economies.
What is player 2's maximin strategy? If the game were played with Player 1 moving first and player 2 moving second, using the backward induction method, what strategy will each player choose?
The salvage value of either alternative is negligible at any time. If MARR is 10% per year, what present expenditure for the auxiliary equipment can plan you justify spending? Assume that you need the heating system infinitely.
Demand for a certain for item is given q=200-2p. Where q donated amt and p is price per unit. It cost Rs 5 to produce each unit. What is profit function of firm for this item.
Suppose the demand curve for a monopolist is q=500-p, and the marginal revenue function is mr=500-2q. The monopolist has a constant marginal and average total cost of $50 per unit. Elucidate what is the lerner index for this industry.
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