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[Following news of FOMC meetings] Go to www.federalreserve. gov, the Web site for the Federal Reserve Board of Governors, and read the most recent Federal Open Market Committee (FOMC) press release. At the Web site, select "Monetary Policy" at the top of the screen and then select "Federal Open Market Committee" on the far left of the screen. Select "Meeting Calendars, Statement, and Minutes." Finally, scroll down and select Statement for the date of the most recent FOMC meeting. Answer the following questions on the basis of the FOMC press release.
a. Did the FOMC change the target for the federal funds rate? If so, what was the change?
b. On balance, in its statement does the FOMC appear to be more concerned about slow economic growth or high inflation?
c. Did the FOMC change the interest rate paid on bank reserves?
d. Did the Fed announce any other monetary policy actions?
Suppose that Expresso and Beantown are the only two firms that sell coffee. The following payoff matrix shows the profit (in millions of dollars) each company will earn depending on whether or not it advertises:
Jobs are the key to economic progress. Unless we create more jobs, our standard of living will fall
Examine possible risks of foreign currency exposure for your company and prepare a strategy for how each of these risks can be managed. Please be specific and consider all possible implications to your company.
Presume you are a bidder in a sealed-bid auction. There are too 5 other bidders in the auction. You believe that each of the other bidders has a value that is equally probable to be anything between 0 and 100. Each one of them has the same belief abo..
Examine the rates of growth in the service categories
Is this a shortsighted policy or a rational one in view of the interests of union members? How does the answer depend on the model of trade?
describe at least 3 criteria that would determine whether the manager is making good decisions. what should be done to
imagine that you have a fixed 30-year interest rate for your mortgage and the economy has experienced unanticipated
Suppose that the government chooses conscription. That is, the government forces the representative consumer to supply a units of time to the government as military service C with a lump-sum tax. Use a diagram to show the effects of conscription o..
The demand for the firms services has been increasing as more consumers use the service for convenience and due to higher parking rates and gasoline prices, wage rates for drivers increase cost for the firm. Describe the supply and demand shifts t..
choose and research a specific business that is publicly traded where there has been a pattern of change in a
Writing in the New York Times, Simon Johnson, an economist at MIT, makes the argument that people outside the United States may at some point decide to "save less (in which case they may hold onto their existing United States government debt but n..
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