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Describe three ways in which the Federal Reserve can change the money supply. If the Federal Reserve is going to adjust all of these tools during an economy that is growing too quickly, what changes would they make? If the Federal Reserve is going to adjust all of these tools during an economic recession, what changes would they make? What changes, if any, to the current condition of these tools would you make at the next meeting of the Federal Reserve? Explain why and the benefits/drawbacks of this strategy. Describe each tool and how it is used to achieve it desired effect on the US money supply
State how the FED will use each tool to achieve the desired effect on the US money supply
Illustrate what policies would you implement to help the economy reach full employment.
The supply curve shows a positive relationship between price and quantity supplied. Elucidate role does the loss of increasing opportunity cost play in this relationship? What role does profit play in this relationship.
The American Nursing Association (ANA) reports that there is a nursing shortage. Develop initiatives to move nurses through graduate studies more rapidly.
Describe the factor which determine the slope of the LM curve and whether an increase in theses factor(s) will make the curve flatter or steeper.
The questions posed are broad and open ended so be careful to allow yourself enough research and planning time.
Illustrate what role does economics play in your personal and organizations decisions. Give an example of the role of economics in decision making.
Illustrate what is an investment schedule and how does it differ from an investment demand curve.
Explain how many baseball jerseys will you sell in Los Angeles and how many in Brooklyn. What will be the price of your jersey in Los Angeles and what will be the price in Brooklyn.
The MorTex organization assembles garments entirely by hand even though a textile machine exists which can assemble garments faster than a human can.
Determine the price elasticity of demand for a resource. Why is it important and what is it used for.
Elucidate are the characteristics of the market for lemons.
Assume the government proposes to cut taxes while maintaining the current level of government expenditures. To finance this deficit, it may either.
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