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What will happen to money demand over time? If the Fed leaves the money supply unchanged, what will happen to the interest rate over time?
What does the article say about whether the Fed considers international economic conditions when setting U.S. monetary policy?
Find an article about the central bank of a foreign country. Compare what you read in the article to what you learned about the Federal Reserve in the chapter.
Prior to that, observers were left to draw inferences about Fed policy based on the results of that policy. What is the value of this greater openness?
Why does the active policy approach assume that the short-run aggregate supply curve shifts leftward more easily and quickly than it shifts rightward?
Profile of Imports and Exports What are the major U.S. exports and imports? How does international trade affect consumption possibilities?
If that inflation rate is unacceptably high, how can policy makers get the inflation rate down? Would rational expectations help or hinder their efforts?
What are the five listed barriers to entry in the Monopoly lecture?
Illustrate the short-run effects on prices, output, and employment of an increase in the money supply that is correctly anticipated by the public.
Describe the different policy trade-offs implied by the short-run Phillips curve and the long-run Phillips curve. What forces shift the long-run Phillips curve?
Rationale for Rules Some economists call for predetermined rules to guide the actions. What are two contrasting rationales that have been given for such rules?
In the chapter before last, we learned that the Fed is a money machine. Does this suggest another source of Fed independence from Congress?
What is policy credibility and how is it relevant to the problem of reducing high inflation? How is credibility related to the time-inconsistency problem?
What would the consumption possibilities frontiers look like if the terms of trade were 1 unit of clothing for 2 units of food?
Why does the United States have an absolute advantage in both goods? Which country enjoys a comparative advantage in food? Why?
How did the steel tariff affect the domestic steel industry, the workers in the steel industry, workers in steel-use industries, and consumers?
Explain the national defense, declining industries, and infant industry arguments for protecting a domestic industry from international competition.
The World Trade Organization What is the World Trade Organization (WTO) and how does it help foster multilateral trade?
Select a local, national, or international public policy topic and identify the pros and cons of the policy.
Tell me some basic points you learned about profit during the semester. If the article is about supply and demand then write about supply and demand.
What is the Consumer Price Index (CPI)? How has the CPI behaved since the year 2000? What have been the causes of these changes?
Discuss the market structure these companies operate in with specific assessment of degree of competition.
Assess the external threats affecting this corporation and the opportunities available to the corporation.
Review the Hazmat Incident Map and consider how this site is important and can be used for those who ship, transport, or receive Hazmat.
Consider the expected changes in inflation and/or unemployment and who would be impacted by those changes.