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




Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
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
In a country with a labor force of 200 people, a different group of 10 people becomes unemployed each month but becomes employed once again a month later. No others outside th
Identify at least four key points of a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in We
At the point of long-run equilibrium for a perfectly competitive firm, economic profits are zero -  The greater the price elasticity of the demand curve that the firm faces in
Discuss the expected impact the increased levels of government spending would have on output / GDP, unemployment and inflation in both the short and long run, using the model
Equilibration is the process of moving between two equilibrium points as a result of some change in supply or demand.  Understanding how market equilibrium is sought followi
Current performance of the U.S. Banking Industry a. Comparison between U.S. Banking Industry vs. other large economies. i. European Union ii. ii. United Kingdom b. Problems th
Below is the graph of the demand curve and the supply curve for Belgium cocoa beans. From the supply and demand schedules above, what are the equilibrium price and quantity
Completion of import documents needed for entry into the U.S. to include the tariff classification number and impacted duty rates or fees. Potential dumping issues (i.e. pre