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Economics Discussion Post
• 400 words; to use all the bolded key concepts highlighted in the question; all parts of the Chapter question is answered.
1)Write about "Americas Mortgage Meltdown" and share your thoughts about this recent crisis.
2)What checks and balances are required at the
a. consumer level,
b. mortgage provider level and
c. government level?
3)Conduct your own research on the Internet to find TWO 'checks and balances' that have been put in place since this crisis.
Do provide the URL in your submission.
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Suppose in the short run a perfectly competitive firm has variable cost = 6q2, and MC = 12q where q is the quantity of output produced. Also, the firm has fixed cost F = 6144.
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Go to the National Bureau of Economic Research website, "Business Cycle Expansions and Contractions." From the data given in the table, 1) describe the business cycles for the period of March 1991 to the most recent month, and
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Calculate the velocity of money in 2007 and 2014 - Suppose the velocity of money remained constant between 2007 and 2014 and that real GDP in 2014 was equal to its actual value. What would be the value of the GDP deflator?
What different mechanisms are available to the federal government to change aggregate demand Why is a market economy susceptible to coordination failures that can lead to unemployment and inflation What do you think can be done to rectify these f..
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