What determines the level of income and employment

Assignment Help Business Economics
Reference no: EM13737868

1. Explain what determines the level of income, employment, output and prices in our economy.

2. Do you think current monetary and fiscal policy is working to help the U.S. economy achieve the three economic goals of full employment, economic growth, and stable prices?

3.  Describe policies you would recommend to the President of the United States to create more jobs and to stimulate economic growth. Analyze the impact these policies would have on job creation and higher income for our economy.

Reference no: EM13737868

Questions Cloud

What is the future worth cost of the machinery : IPS Corp. will upgrade its package-labeling machinery. It costs $150,000 to buy the machinery and have it installed. Operation and maintenance costs, which are $1500 per year for the first three years, increase by 500 per year for the machine's 10-ye..
Underpaid based on the economic discussion of wages : In addition to wages, what other factors influence an individual to choose one job over another? Consider jobs like those on some popular TV shows like Deadliest Catch and Ax Men. While these individuals are not guaranteed a high salary, why might th..
Subtracted from what the borrower receives : Some lenders charge an up-front fee on a loan, which is subtracted from what the borrower receives. This is typically described as "points" (where one point equals 1% of the loan amount). The federal government requires that this be accounted for in ..
Some lenders charge an up-front fee on a loan : Some lenders charge an up-front fee on a loan, which is subtracted from what the borrower receives. This is typically described as "points" (where one point equals 1% of the loan amount). The federal government requires that this be accounted for in ..
What determines the level of income and employment : Explain what determines the level of income, employment, output and prices in our economy. Do you think current monetary and fiscal policy is working to help the U.S. economy achieve the three economic goals of full employment, economic growth, and s..
What is the purpose of cultural training for an expatriate : Many people enjoy the excitement of living and working in a foreign country, but many others do not want to work in a foreign country, particularly if an assignment is perceived to be very long term or permanent.
Demand curve is upward-sloping : In theory, “Giffen good” is a good for which the demand curve is upward-sloping, which violates the law of demand. Please provide at least one example as a Giffen good and explain briefly why the demand curve is upward-sloping.
Exchange rate in order for the interest rate : Suppose that the Mexican Peso is trading at 10 pesos per dollar, the interest rate in the US is 5% and the interest rate in Mexico is 4%. What must happen to the exchange rate in order for the interest rate parity condition to hold?
Shopping for a new car : Stan Money maker has been shopping for a new car. He is interested in a certain 4-cylinder sedan that averages 28mpg. But the sales-person tried to persuade Stan that the 6-cylinder model of the same automobile only costs $2500 more and is a better v..

Reviews

Write a Review

Business Economics Questions & Answers

  Supply and demand for loan able funds model

Consider a closed economy. Use the supply and demand for loan able funds model to predict the effects of the following events on interest rates and investment.

  Trade and production

Economists argue that the move from barter to money increased trade and production. How is this possible.

  Definition of the consumer price index

Which of the following is the definition of the Consumer Price Index (CPI)?

  Demand curve change if m falls

Graph the demand curve for X given the above information. Elucidate how will the demand curve change if M falls to 35,000.

  Calculate the equilibrium level of income or real gdp

Calculate the equilibrium level of income or real GDP for this economy. b. What happens to equilibrium Y if I changes to 10? What does this outcome reveal about the size of the multiplier?

  Decide how many miles of a very scenic river

Suppose the state is trying to decide how many miles of a very scenic river it should preserve.

  Show output for different combinations of labour and capital

Assume you are looking at data for an economy that uses only two inputs, physical capital and labour. Table shows output for different combinations of labour and capital.

  Costs of transportation

Suppose that there is a unit mass of consumers who are uniformly distributed on the segment[0,1]. Two firms are located on the line and sell identical products.

  Should you play your nash equilibrium strategy

Suppose that your opponent is not playing her Nash equilibrium strategy. Should you play your Nash equilibrium strategy? why or Why not?

  Elucidate how electrical monopolist would determine

Graphically elucidate how electrical monopolist would determine its profit maximizing price and output level. Identify the area of consumer and producer surplus for the profit maximizing monopoly.

  Explain when bank of maryland will exercise the option

Explain when Bank of Maryland will exercise the option. What is Bank of Maryland's break-even 60-day spot price on the option contracts? On the futures contracts.

  Q1 assume that a leader country has real gdp per capita of

q1. assume that a leader country has real gdp per capita of 40000 whereas a follower country has a real gdp per capita

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