What is the first action you would take as the president

Assignment Help Econometrics

Reference no: EM13192234

Assume that the country is in a period of high unemployment, interest rates are at almost zero, inflation is about 2% per year, and GDP growth is less than 2% per year. Suggest how fiscal and monetary policy can move those numbers to an acceptable level keeping inflation the same. What is the first action you would take as the president? As the chairman of the Fed? Why? What would be your subsequent steps? Make sure you include both the positive and negative effects of your actions and include the trade-offs or opportunity costs.

Reference no: EM13192234

Questions Cloud

What dimensions yield the minimum surface area : a company is constructing an open-top, square-based, rectangular metal tank that will have a volume of 60ft^3. what dimensions yield the minimum surface area?

What value of theta will maximize the trough volume : A trough is to be made with an end of the dimensions shown. The length of the trough is to be 21ft long. Only the angle theta can be varied. What value of theta will maximize the trough's volume?

What is the mrp and mrc : A delivery company is considering adding another vehicle to its delivery fleet, all the vehicles of which are rented for $100 per day. Assume that the additional vehicle would be capable of delivering 1500 packages per day and that each package th..

Decomposes phosphorus trichloride at high temperatures : Phosphorus pentachloride decomposes to phosphorus trichloride at high temperatures according to the reaction: PCl5(g) ?PCl3(g) + Cl2(g)

What is the first action you would take as the president : Assume that the country is in a period of high unemployment, interest rates are at almost zero, inflation is about 2% per year, and GDP growth is less than 2% per year. Suggest how fiscal and monetary policy can move those numbers to an acceptable..

Write a research paper - utilize the lirn library : Utilize the LIRN Library to help you search for resources. You can visit the Academic Resource Center for a guide on how to utilize the LIRN Library successfully.

Determine is there a movement along the demand curve : Going back to the demand curve in part (a), suppose the current market price for an orange is $5, what happens to the demand curve for oranges if the price goes to $7 per orange That is, does the demand curve shift or is there a movement along the..

State phase symbols or energy changes : The equation for the complete combustion of acetylene, C2H2. You do not need to include any phase symbols or energy changes.

How much money will be in the account upon retirement : If you are 22 years old, deposit $7,825 each year into a traditional IRA for 48 years at 11% interest compounded annually, and retire at age 70, how much money will be in the account upon retirement?

User Account

All Pages