Unintended consequences of giving

Assignment Help Macroeconomics
Reference no: EM131901405

1) Ironically technological advancements have made bartering, which used to be an extremely inefficient exchange of values, more and more popular in the present day. Think of and identify four situations where present day bartering becomes beneficial to both sides of the transaction.

2) Assume that you have 100 $1 bills. Assume also that I have 4 $100 bills. Explain why even though you have more paper money (100 pieces of paper), the value of my four pieces of paper is greater than yours.

3) Explain your opinion as to whether you feel that using a central bank (the Fed) to control all of the US's major monetary policies as well as all of its money is dangerous? What might be some of the unintended consequences of giving this much power to one private entity?

Reference no: EM131901405

Questions Cloud

Frenetic macroeconomic activity : Inflation is thought of by Milton Friedman, not as a response to frenetic macroeconomic activity (the Phillips Curve), but "too much money chasing too few goods
Distinguish between discretionary and nondiscretionary : 1) Distinguish between discretionary and nondiscretionary fiscal policy. 2) Differentiate between expansionary and contractionary fiscal policy.
Survey on Tennessee High-Speed Rail : Survey Questionnaire Assignment - The survey questionnaire topic is on Tennessee High-Speed Rail. You are to develop the questions and design the survey
Prepare an annual budget projection for an organization : For this assignment, prepare an annual budget projection for a real or hypothetical nonprofit organization. Submit your budget in the form of an Excel.
Unintended consequences of giving : What might be some of the unintended consequences of giving this much power to one private entity?
How local and national forecasts play important roles : By now you should realize how important it is for economists. Discuss how local and national forecasts play important roles in the State and Federal levels.
Measurement available for us to observe : How do we evaluate if a central bank is credible or not? Is there a measurement available for us to observe?
Do the policymakers on the fomc : Do the policymakers on the FOMC currently believe that their current actions will only influence the economy next summer 2018, or next winter 2018
Explain the potential negative effects : It appears that the US's net exports have been negative for decades.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Raise prices when facing an elastic demand curve

Why is that a profit maximizing businessman would always raise prices when facing an inelastic demand curve, but might or might not raise prices when facing an elastic demand curve? explain and justify your answers in detail.

  Distributors might choose a name such as north central

For example, a firm in Ohio wishing to disguise the fact that it is surveying its own distributors might choose a name such as North Central Research Corporation under which to present the survey.

  Brand associations and brand personalities

Identify some of the brand associations and brand personalities that are linked with OSCAR MAYER, SKETCHERS AND DELL

  Elucidate each of the folling statements using supply

Elucidate each of the folling statements using supply and demand diagrams. When a cold snap hits Florida, the price of orange juice rises in super marlets through out the country.

  Market for health care insurance

Consider the market for health care insurance. If several health care insurers exit the market, how will this affect the market for health care insurance, ceteris paribus?

  Explain factors which influencing excess reserve

Analyze the factors that influence the banks desired excess reserve ratio, r e . What would happen to the magnitude of r e if:

  How is value related to scarcity and utility

Drawing Conclusions Why is investing in human capital beneficial?

  Does there exist a pareto efficient equilibrium outcome

Modify your game from Problem 1 to account for this private information, and find some equilibrium of this new game (remember that as in the class, each person will now take into account their private information when making their choice). Is the equ..

  Marginal product of labor

How  Apple Inc. production function is related to its marginal product of labor?

  Domestic and international markets

How does international trade affect the prices in the domestic market and decisions related to firms to compete in both domestic and international markets?

  Compare the interpretative and legislative regulations

Compare and contrast "interpretative" and "legislative" regulations and briefly discuss why the courts are less likely to invalidate a legislative regulation.

  Why do we classify price floors and ceilings as a type

Markets are a very good way to organize economic activity in our economy. Why do we classify price floors and ceilings as a type of market failure and why does the government need to get involved in these types of markets?

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