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The idea of the Federal Reserve was conceived at a meeting on Jekyll Island. What was this meeting and who attended this meeting? Is there a connection today to those that attended the Jekyll Island meeting? 1. Did stimulating the economy during the Great Depression as well the most recent Great Recession, work in either case? With some research you will find that it did not and has not worked in either case. Keynes himself said that his economic plan did not work during the Great Depression. Likewise the US Treasurer (Morgenthau) during the Great Depression said that after pouring millions of dollars into the economy it did not work. We cannot say that our economy has returned to health after this protracted and continuing recession. Now with that said we have had some very good economic times in the US. I would like to have some of you go back and analyze these robust economic times. A place to begin would be the presidency of Calvin Coolidge. What did he do to create an environment of great economic growth? Kennedy did the same thing. He followed many of the principles of Coolidge. What were those principles? Could these economic policies work today? Question 2 Details:
As a continuation of the next piece of legislation is the Hill Burton Act.
· What is this and what impact has Hill Burton had on our health care delivery system?
The last piece of historical legislation deals with the history of the Community Reinvestment Act.
· What is the CRA? What economic impact, if any, did the CRA have on our most recent economic downturn?
· What are Critical Access Hospitals? · Why is this designation important?
You want to see how differences in fuel efficiency affect the price of a car - Calculate the OLS estimates β^0 and β^1 for the following model using the sample of 11 cars (you must show some of your work):
Each year in the United States nearly 5 billion pounds of discarded carpet end up in land fills. In response to this situation, the carpet manufacturer has decided to start a take-back program whereby obsolete carpet is reclaimed at the end of its..
Select at least 5 sales items, and evaluate the price elasticity of demand for each item
Suppose a monopolist can purchase Labor at a price w = 27 and can purchase Capital at a price r = 3. The monopolist's production function is given by Q = L1/2K1/2. The demand facing the monopolist is given by P = 402 - 6Q.
What are the equilibrium price and quantity e. What happens to equilibrium price and quantity if other things remain the same as in part d but income increases to $52,000 f. What happens to equilibrium price and quantity if other things remain the ..
Consider a labour market in which the supply curve is given by: w= 10 + Ls (where w is the wage rate and Ls is the quantity of labour supplied). Further, assume that the demand for labour is given by w = 100 - Ld (where w is the wage rate and Ld i..
An experiment involves rolling two, six-sided dice. A trial consists of tossing two other. There are 36 possible outcomes for each experiment, so what is the probability of rolling a score of 10 or greater if the first die you roll is a 5
Assume velocity is constant, real income is constant at Y ¯= 200 and that the demand for real money balances is given by: L(i, Y ) =Y/√i (9) (a) If expected inflation is zero, the nominal interest rateis i = 0.25 and the price level..
Zaley and Iris have Legos andcrayons. Zaley has 5 Legos and 5 crayons, Iris has 2 Legos and 8 crayons. Zaley's utility function for Legos andcrayons is uz(lz, cz) = lz · cz where lz and cz represent quantities of Legos and crayons.Iris' utility fun..
Jones Company operates within a monopolistically competitive industry. The estimated demand for its products is given by the following inverse demand function P = 1760 - 12Q It finance department has estimated its total cost function as TC
supply qs600100pdemand qd1200-200pwhere qs is the supply of packs of cigarattes and qd is the demand for packs of
When Iraq invaded Kuwait in 1990, the market price of crude petroleum jumped from $21.54 per barrel to $30.50 per barrel - an increase of almost 42 percent. Your boss is puzzled, because the price increase actually occurred
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