Thanks for your initial response to the Week 3 Discussion Question. In your post, you discussed well the US central bank, the Federal Reserve (Fed)s monetary policy by adjusting the interest rates and money supply. This week, we will extend our knowledge of macroeconomics through economic growth. Among other determinants of labor productivity and economic … Read more
GDPs components are consumption (C), business investment (I), government spending (Gs) and international trade (exports minus imports, X-M): GDP=C+I+Gs+(X-M). An increase in any of the four components of the GDP will raise the GDP, GDP per capita, and average living standards. As we learn in this course, there are always benefits and costs to be … Read more
Write a brief essay (800 words or no more than 3 pages, double spaced) about the role of music in your life. Consider this role from several angles. How did you experience music as a child? Teenager? Adult? Are you an active music maker, or do you experience music solely asa listener/dancer? Was music ever … Read more
After watching the video clip from A Knights Tale, consider the effect of choosing consumption today versus consumption in the future. Using the PPC as a springboard for your analysis, what effect would forgoing consumption today in order to invest for tomorrow have on future production possibilities? Now consider the choices our government faces when … Read more
Finish the reading I upload and answer the questions.1. Give a brief summary of the chapter. 2. Why are some blocks worth more than others? 3. Describe a way a regression could be used to find the value of a blocked shot.
Here are the original directions: This one is going to be on paper. There is no good computer substitute for being able to draw a graph and use it to effectively understand and communicate complex concepts. Print the attached file on paper (2 pages)Use pens or pencil (colored pens look best!) to draw graphs on … Read more
Consider the following: Tariffs are paid by the citizens of the country imposing tariffs, not by the citizens of the country producing the products upon which the tariffs are levied.The term trade deficits is a misnomer. Every countrys trade is always in balance.Trade deficits do not mean the US no longer produces anything to export. … Read more
Analyze 1 of the following government intervention programs: Countercyclical fiscal policies (countering economic disruptions such as the housing bubble and the Great Recession)US agriculture support programsAssistance for Low Income Families (choose 1)Housing vouchersEarned Income Tax Credit (including Child Tax Credit)Supplemental Nutrition Assistance Program (SNAP)Low income healthcare (choose 1)Medicaid (including Children’s Health Insurance Program).Affordable Care Act … Read more
After the reading the Issues & Applications in your etext: Interpreting Employment Data as the Gig Economy Grows and researching online how Social Security, Medicare, and unemployment insurance are more specifically funded, please answer the following questions: Why might the U.S. government, which funds Social Security, Medicare, and unemployment insurance programs by taxing wages, desire … Read more
After watching the video clip from A Knights Tale, consider the effect of choosing consumption today versus consumption in the future. Using the PPC as a springboard for your analysis, what effect would forgoing consumption today in order to invest for tomorrow have on future production possibilities? Now consider the choices our government faces when … Read more