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What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
1. Write your individual answers to the questions listed above together in essay format (minumum of 300 words combined in APA style), using correct economic terms covered in the discussions. If you only write 300 words, you probably won't be able to fully answer the questions. Use the APA Template in Doc Sharing as a guide. You will also find the grading rubric for this assignment in Doc Sharing.
2. Key concepts to include in your paper--data trends on unemployment, inflation, GDP growth, expansionary fiscal policy tools, FOMC, easy money policy tools and other terms from this class.
3. You must use at least one article. Note: The textbook is not an article and cannot be the only source for the assignments. Use the DeVry Library as a resource for finding your references.
For each of the given below statements, state whether the unemployment is structural or cyclical.
Prepare a demand schedule for both demand curves and prepare them on an Excel graph. Calculate the marginal revenue for each.
Assume a friend tells you that her Economics instructor made two seemingly contradictory statements to the class. The statements were 1.
Describe supply and demand, major reason(s) for the price increases and fluctuations, and international factors, if applicable. You should use at least four references.
Illustrate what is the difference among National Income, Gross National Product, and Gross Domestic Product? Why do most countries now use GDP as a measure of national output?
Discuss the feasibility of lower middle or low income countries resorting to fiscal stimulus to stave off recessions in their own economies. You can use one or more countries as examples.
mike patrik, a recent ME graduate from MIT, expects to take out a loan to purchase an SUV for $30,000 with a down payment of $10,000. The loan she takes out requires her to pay monthly installments of $400 for 4 years. What is the effective annua..
Carefully describe and show graphically how each of following changes would effect the shape of the IS curve:
What does the term "quantity demanded" refer to? A. It refers to both the amount of a good that consumers want to buy at a specified price and the amount that suppliers want to sell at that specified price B. It refers to the demand for a good over..
Explain, using the statistics of government expenditure, personal taxation rates and transfer payments , what fiscal policy stance did the 2011-12 Federal Budget take?
Periodically you hear of garbage strikes. Is garbage pickup a public good? Does garbage create externalities? What should be done about it? Why does garbage collection seem to attract organized crime?
Illustrate hat are the positives and negatives of protectionist trade policies on the part of the federal government.
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