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Purpose of Assignment:
The purpose of this is assignment is for students to review the basic principles of economics and the concepts of the circular flow model, showing the connectivity of society's economic players and the flow of goods and money within an economy. Students will learn how society allocates its scarce resources and how economists are both scientists and policymakers. Students will define GDP and CPI and how they are calculated.
Resources: National Bureau of Economic Research; Principles of Macroeconomics: Ch. 1, 2, 3, 4, 5, 6, and 7.
Scenario: Your organization's CEO is concerned that members of the strategic planning committee are not familiar with current economic thought and principles. The CEO has assigned you the task of developing a report to introduce some of these thoughts and principles.
Develop a 1,050-word report to the members of the strategic planning committee explaining the following information:
Format the assignment consistent with APA guidelines.
Should provide the theoretical background for analysis of issues in this assignment - What evidence do these graphs provide concerning the lingering perception of a recession?
suppose that the federal reserve strictly follows a rule of keeping the interest rate at 3 per year. initially this
Show a T-account for a bank when you make a deposit of $3000 into your checking account. Assume the reserve ratio is 15%. If the lending process continues as far as it can possibly go, how many deposit dollars will be created from this initial $30..
what would happen to the yield curve if investors were concerned about stability in foreign countries and rushed their money into the U.S to buy long-term treasury securities how would you expect the term premium to change
What is the estimated elasticity of demand for Liquid Ozarka? Is demand elastic or inelastic? What would be the percentage change in price required to increase sales of Liquid Ozarka by 10 percent?
Identify the normative policy school (Keynesian, New Classical, Supply Side, Monetarist, or Mainstream) which most closely represents your own normative policy views.(let's favor Keynesian policy) Defend your position and offer at least one counte..
Does one complement the other? Can you use both types of research within your research? Are integrity and credibility important in your research? Discuss how you have employed qualitative and quantitative research either in your educational pursuits ..
assume that country a has a population of 500000 and only produces one good-cars. country a produces 100000 cars per
Write something about how the economy in your country ( my country is Saudi Arabia ). Tell about economic activities of the past and of the present.
Discuss and explain the reasons why net income for a particular period does not necessarily reflect a firm's cash flow during that same period.
if the price of a medical visit is 300acalculate the equilibrium number of visits and total expenditures.b suppose that
There are 100 firms in the market. Market demand is Qd = 500-Pmkt What are the shut-down and break-even points for the firm?
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