+1-415-670-9189
info@expertsmind.com
Hypothetical state of the economy
Course:- Microeconomics
Reference No.:- EM13795713




Assignment Help
Assignment Help >> Microeconomics

Assume these data points about a hypothetical state of the economy:

1) inflation in the last quarter was at an annual rate of 1.5%, down from rates of 3-4% in previous reporting periods.

2) Unemployment, which had been at 5.1% in the last two quarters, increased this quarter to 5.9%,

3) The federal funds rate remained at 4.5%, unchanged in the last three meetings of the FOMC,

4) the business press reported that many commercial banks say they are "fully loaned up" now.

5) Wholesale prices were flat in the last quarter and inventory levels rose slightly.

6) Consumer confidence in the latest survey was unchanged from the previous quarter but down from six months ago.




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Microeconomics) Materials
What is the short-run profit-maximizing policy of a monopolistically competitive firm and how is the long-run equilibrium of monopolistic competition like that of perfect comp
What would you suggest the university do to expand revenue? If you were the president of NSU, how would you tackle this problem based on what you have learned in this course
Consider two tax policies: a tax cut which will last for only 1 year and a tax cut that is expected to be permanent. Which policy will have the greater impact on aggregate d
If banks desire to increase their lending, but the Federal Reserve is not adding reserves to the banking system, what will happen to the level of short term interest rates? Ex
The consumption of alcohol is often cited as an example of a negative externality. Explain a situation in which alcohol would be considered a negative externality. 3. Descri
What happens to the student's budget line? Illustrate the change with new books on the vertical axis. Is the student worse off or better off after the price change. Explain.
You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory that requires you to pay $500,000 per month, and you have contractual lab
Would the introduction of the World Central Bank within a three-currency monetary union positively or negatively affect the ability of the World Trade Organization to implem