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The financial crisis of 2008 has caused macroeconomists to rethink monetary and fiscal policies. Economists, financial experts, and government policy makers are victims of what former Fed chairman Alan Greenspan called a "once in a century credit tsunami"-in other words, nobody saw it coming.
Because you are now the expert in macroeconomics, your friends keep asking you your thoughts on what caused the financial crisis and whether the United States is going in the right or wrong direction with its current policies.
Focus specifically on the following:
Make sure you include the following concepts in your analysis:
In your opinion, did government intervention help or harm the economy before and after the panic of 2008? Would you have done anything differently?
each month the u.s. bureau of labor statistics publishes a variety of unemployment statistics including the number of
Suppose you are the manager of a California winery. How would you expect the following events to affect the price you receive for a bottle of wine?
the national catch of atlantic cod has been declining in the past few decades. we can model this decline with the
Analyze how the market will respond in each example (from the perspective of both the supplier and the consumer. Recommend examples in each of the three examples as to how consumer's demand may be satisfied.
Draw the demand and supply curves. What is unusual about this supply curve? Why might this be true? What are the equilibrium price and quantity of tickets?
expanding operations requires research and planning this is especially true when dealing with crossing borders to other
Briefly explain how this will affect money supply over time and how, even without any intervention on the part of the government or the central bank, the economy would self adjust over the following few years.
Consider a $500,000 initial investment, annual savings of $92,500 for a 10-year period, a salvage value of $50,000, and a 10 % MARR applies. Using a spider plot, examine how sensitive the annual worth for the investment is to errors in estimating ..
Who has the absolute advantage at producing Cigar and who has the comparative advantage at Bourbon and who is specializing in Bourbon according to Comparative Advantage now?
Perform a White test for heteroskedasticity using auxiliary regression
1. Which economic system is best suited for handling a crisis of epic proportion (hurricane, flood, blizzard, forest fire, and so forth)? Why? 2. Describe and explain why a socialist system might be the best in responding to the needs of people st..
movies are distributed in a variety of forms not just first run theatrical presentations. what other ways are movies
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