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The financial crisis of 2008 caused macroeconomists to rethink monetary and fiscal policies. Economists, financial experts, and government policy makers are victims of what former Fed chairman Alan Greenspan called a "once in a century credit tsunami"-in other words, nobody saw it coming.
Based on the analysis of the data, share your thoughts on what caused the financial crisis and whether the United States is going in the right or wrong direction with its current policies.
Focus specifically on the following:
• Monetary policy
1. What monetary policies do you think caused the crisis?
2. What were the effects of the policies implemented in reaction to the crisis?
3. Do you think the solutions worked in the short term? In the long term?
• Fiscal policies
1. What fiscal policies do you think caused the crisis?2. What were the effects of the fiscal policies implemented in reaction to the crisis?3. Do you think the solutions worked in the short term? In the long term?
The Wozniak Corporation, a maker of aircraft engines, determines that in 2008 the demand curve for its product is as follows-What is the price elasticity of demand if price equals $500?
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A software maker has fixed costs of $18,000 a month and her Total Variable Costs as a function of output Q are listed below;
Article may originate from the internet however please provide the link to the particular article you are reviewing.
Illustrate what appears to be the major constraint that the central banks used to determine the limits of the monetary injections into the economy.
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unemployment is one of the major concerns that people have in todays economy since losing ones job can be one of the
Assume that the Fed unexpectedly raise the rate of money growth.
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