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Question: Persuasive Writing Which of the two types of government spending has the most impact on the economy? Explain your answer in a two-page paper.
Could anyone find out how the Consumer Price Index (CPI), the primary measure of inflation used by the government, is calculated. Why might this method not reflect the real cost of living increase for the average person.
Suppose Congress wishes to reduce the budget deficit by reducing government spending. Use the IS-LM model to illustrate graphically.
If the velocity of circulation is growing at one percent a year, the real interest rate is two percent a year, the nominal interest rate is seven percent a year, and the growth rate of real GDP is three percent a year, calculate the inflation rate..
Determine net income for the period if beginning stockholders' equity is $19,000, dividends declared amount to $7,000, ending stockholders' equity is $37,000 and the corporation issued $1,000 of common stock.
Suppose that the airplane can be purchased from an outside supplier. What is the relevant unit cost for this make-or-buy decision.
Wealth in the United States has grown steadily. If wealth were the only factor affecting currency demand, what do you expect would have happened to the currency-deposit ratio over time?
Distinguish between the Federal funds rate and the prime interest rate. Why is one higher than the other? Why do changes in the two rates closely track one another?
Calculate the number of unemployed individuals, the size of the labour force, the unemployment rate, and the labour force participation rate.
Discuss this with your group members. Is there anything that you've learned studying these models that gives you a better understanding of why the Obama administration's economists requested Congress to approve the "stimulus package" in 2008?
Compare and contrast the application of functionalism and interactionist theory to poverty. Describe the role and responsibility of the human service worker in the macro environment.
Suppose that any money lent by a bank is always deposited in a checkable deposit and that the reserve ratio is 10%. The Fed purchases $100 million in Treasury bills.
Coffee shops and gasoline stations in a large city would appear to be examples of competitive markets. The means that there are numerous relatively small sellers, each seller is a price-taker and the products are quite similar.
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