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1. Monetarists disapprove of how the federal reserve conducts monetary policy. what is it about the feds policy process that bothers them? Discuss their criticism
2. some economists contend that the philips curve no longer exists in the US. Others argue that it has simply shifted extensively to the left.who is correct? explain ur answer
3. The US economy is currently in a very sluggish "expansion" phase of the business cycle.if you were advising the president of the US and the chairman of the fed reserve , what monetary policy , fiscal policy, or other alternative actions would u advise them to take to stimulate the expansion
4. Explain ur reason for each policy or alternative action proposed if u advise them to take no new actions explain ur reasons for this advise.
1.national saving refers toa disposable income minus consumption.b taxes minus government spending.c income minus
Consider the following pair of goods. For which of the two goods would you expect the demand to be more price elastic? Why? Gasoline over the course of a week or gasoline over the course of a year. Personal computers or IBM personal computer
choose and research a specific business that is publicly traded where there has been a pattern of change in a
Suppose the economy is slumping into recession and needs a fiscal policy boost. Voters, however, are opposed to larger federal deficits. What would policy-makers do
Danny “Dimes” Donahue is a neighborhood’s 9-year old entrepreneur. His most recent venture is selling homemade brownies that he bakes himself. At a price of $1.75 each, he sells 250. At a price of $1.25 each, he sells 300.
The following traits are associated with charismatic leadership:
the state of glottamora has 100 million remaining in its budget for the current year. one alternative is to give
Why is MTV so profitable relative to the major networks?
Explain the role that money plays under the Classical Macroeconomic Model. As a part of your discussion, include the impact the Quantity Theory of Money and Say’s Law have on this model and state in algebraic terms how the money supply relates to pri..
A lawyer who drives a beat-up car and wears frumpy dresses may have a hard time getting customers. Potential clients may conclude from his appearance that he is poor, and if he is poor, he probably is not very good.
Suppose the Federal Reserve announced that it would pursue contractionary monetary policy to reduce the inflation rate. Would the following conditions make the ensuing recession more or less severe.Wage contracts have short durations.
Begin by explaining fiscal policy.
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