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Suppose that the Fed has decided that it should have an activist monetary policy in order to stabilize the level of GDP by managing the money supply. When the following events occur, show whether the Fed’s policy will actually stabilize GDP or not:
a) An increase in aggregate demand in the economy leads to an increase in the demand for money.
b) People increasingly distrust the banking system and decide to hold a higher proportion of their money in their pockets.
c) During a serious recession, the demand for money falls.
d) Bank managers become more aggressive, and decide that they can operate with fewer excess reserves.
The article is titled -NY State Wage Board Recommends $15/Hour Pay By 2021 For Fast Food Workers. Please write a reaction memo 1 page single spaced as to your thoughts, ideas, impact on economy, business owners, etc...be creative
Can you find a Nash equilibrium in pure strategies that is not efficient. Find the sub game perfect equilibrium as a function.
Assume bad wear in Florida ruins much of orange crop. Illustrate what happens to consumer surplus into market for oranges.
Explain Carver Memorial Hospital's surgeons have a new procedure that they think will decrease the time.
q1. the simple is-lm model predicts which cutting the governments budget deficit will reduce output in the short-run.
Explain the difference between import substitution and export promotion as economic growth strategies for developing countries. Be sure to include in your response both the strengths (benefits) and weaknesses (risks) inherent in both strategies. Whic..
Illustrate what cost as well as quantity will result once the patent expires and competition emerges in this market.
In 2001, the number of people in the working-age population increased from 212.6 million to 215.1 million, while the labor force increased from 141.5 million to 142.3 million. By how much did the labor-force participation rate change?
q1. americans already enjoy living standards that far exceed world averages. do we have enough? should we even try to
Recently, the owner of a Trader Joe’s franchise decided to change how she compensated her top manager. Last year, she paid him a fixed salary of $75,000 and her store made $130,000 in profits. Assuming the change in compensation is the reason for the..
Based on the following data, compute the (a) unemployment rate rate (b) cyclical unemployment rate, and (c). structural unemployment
Maintenance expenses for a bridge on the ohio river are stimated to be $20,000 per year for the first 8 years, followed by two separate $100,000 expenditures in years 12 and 18. the expected life of the bridge is 30 years. If i=6% per year, what is t..
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