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Monetary policy is a hotly debated issue in government sectors. Decisions about these policies directly affect you as both a consumer, business person, and citizen.Discuss the current monetary policy of the Federal Reserve.What are they trying to accomplish?What are the obstacles making it difficult for the policy to be successful?Go to https://www.federalreserve.gov/fomc/transcripts/ and find a set of transcripts to post.Correlate what the Fed decided to do at that particular meeting with what was happening in the economy at that timeDetermine if what they chose to do was the right thing or did they incorrectly guess the direction that the economy was going
The government has set price ceiling on whatever the product is, so that there is a shortage. That industry complains to the government that the ceiling price is far below the equilibrium price.
It is rumored that the Swiss government subsidizes cattle farming and that the subsidy is larger in areas with more tourist attractions. Can you think of a reason this policy might be efficient?
Illustrate what would have been the likely outcome had the government not intervened to help with key economic issues of the companies please do a detail analysis.
The annual rate of growth of real GDP in a developing nation is 0.3%. Initially, the countries' population was stable from year-year. Recently, however, a significant increase in the nation's birth rate has raised the annual rate of population growth..
Economists are in almost globally agreement that Free Trade is good for all countries. Why are they in such universal agreement.
Assume that a given set of resources can be used to make either handbags or wallets. The MC of a handbag is $19 and MC of a wallet is $10.
Is it true that in a short run production process, the marginal cost curve eventually slopes upward because firms have to pay workers a higher wage rate as they produce more output?Explain your answer.
In December, year 1 Sid's Body Shop (an accrual-basis taxpayer) did repair work on Lisa's car and was to be paid $2,000 by her insurance company.
Government consumption in our model is simply a "waste", that is it does not affect anyone's utility or affect the production process. Use the Pareto Optimality framework. For each of them,solve the social planner's problem and show the equations ..
Barry earns $20 an hour for up to 40 hours of work per week. He is paid $30 an hour for every hour of work in excess of 40. There are 110 hours a week available for work. Draw Barry's budget line for these facts. Label completely.
suppose the ratio of deposits that banks hold in the form of reserves is 7 percent. suppose further that people want to
When economists with different political views do cost or profit comparisons, they often reach different decisions. If their analysis is based on objective costs and valid techniques, why would not they reach similar decisions,
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