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Monetary policy is executed by the semi-autonomous Federal Reserve System (the Fed) that was established at the beginning of the 20th century. The justification for the autonomous nature is to allow rapid intervention in the money system to prevent wild swings in economic activity. It targets the money supply and inflation. Some have proposed that the Fed should have more connection to the legislative branch of government and others think it is fine just as it is. Given that a central bank is deemed a necessity in a free market economy should we leave it as it is or place more legislative controls?
Why are vision and mission statements important to strategic development? How might leaders and managers view and use vision and mission statements differently?
Discuss the implications of the outsourcing of labor for the nation as a whole, and see if you can find an example to cite within the region, where a company or factory has shifted production to Asia or elsewhere overseas.
As part of your answer converse whether or not one or more of the legs of the organizational stool was unbalanced.
suppose a student athlete has the opportunity to earn $800,000 next year playing basketball, $700,000 next year playing basketball or $0 going to college. what is the opportunity cost of going back to college
Elucidate why a firm might want to produce its good even after diminishing marginal returns have set in and marginal cost is rising.
A price index for nonresidential construction was 14 in 1949, 92 in 1987, and 114.5 in 2000. According to these numbers, what did the hospital cost approximately.
Illustrate what would the new price also output in the market be. Illustrate what would the new level of output for the typical firm be.
Explain how has the recent natural disaster in Japan influenced the provider of Toyota automobiles.
Explain how will this affect wages and number of workers in home construction. How will this affect the cost of building a home.
Suppose capital is fixed at 16 units. If firm can sell its output at a price of $100 per unit and can hire labour at $25 per unit, Explain how many units of labour should firm hire in order to maximize profits.
Elucidate how closely do real world conditions match the charateristics listed in the model. Do they compete using price. Is the good in question standardized.
The text noted that money performs three basic functions. Select one of these functions and describe the ways rapid inflation could undermine money's ability to perform the function you selected.
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