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1. How do you think the Fed has addressed the recent crisis and what are the monetary policy actions the FOMC took in the September meeting? 2. What is the current state of the US economy? Define how GDP is doing in each of its components (Consumption, Investment, Government Purchases and Net Exports). 3. What is the current state of unemployment and inflation? How is that important for the Fed? (Make sure you use the concepts learned regarding unemployment and inflation and the monetary policy tradeoff between the two) 4. What policy action do you think the FOMC will take in its December 15-16 meeting? What would you do if you were in charge of conducting monetary policy? Why?
Explain how it will affect the number of employees you schedule. All other things being equal, what will happen to prices of the Galaxy and the iPhone.
For an annual market interest rate of %9, calculate the economic life of the machine. Show the results of your calculations on a graph.
The monthly market demand curve for calculators among economics students is given by P=100-2Q, where P is the price per calculator in dollars and Q is the number of calculators purchased per month. If the Price is $30, how much revenue will calculato..
What characteristics do you generally see with firms in a perfectly competitive market? When will new firms enter the market under perfect competition? When will they choose to exit?
Trade restrictions will stop foreign imports which will increase American employment and protect American jobs
Suppose that in exactly five years you will recieve a one-time payment equal to $4,000. If the interest rate is 6 percent (compounded annually), approximately how much is this payment worth to you today? In other words, what is the "present value" of..
Explain how does the existence of money reduce the costs of making transactions, relative to a society based entirely on barter.
How can these leaders use their control over current taxes, subsidies and government debt to force their successors to reduce steady -state government expenditures below 900,000 goods.
A market has a demand curve described by P=30-Q, a supply curve described by P=16+Q, and a price ceiling of 20. Calculate the Total Surplus of the market with the price ceiling
Complete an in-depth analysis of a current labor event in one of the following countries: China, Hong Kong, France, England/UK, Germany, or Mexico. Pick a single specific topic of labor relations to evaluate, such as strikes, formation, impasse resol..
Would you provide the possible reason to explain why the expansionary fiscal policy doesn't work in those countries?
According to Milton Friedman and Anna Schwartz, what was the Federal Reserve’s crime of commission that occurred in the Summer/Fall of 1931 that had a devastating effect on the course of the Great Depression?
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