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How much would the interest be if you pay only the minimum (you would be charged interest on the entire balance if you don't pay it all)?
Instead, you could put off buying a car until you save enough to pay cash. What factors should you consider when you make your choice? Explain your answer.
According to the article, the IMF and the World Bank are being pushed to provide grants instead of loans. What arguments are made for this position?
Evaluate the Cost of Education In many of the world's poorest countries, nearly 50 percent of the population is under 15 years of age.
Determine the Best Type of Aid Imagine that you have been given control of the USAID program. How would you spend this money to do the most good?
You would like to see more of your nation's money spent importing tools and machinery. What barriers would you place on the importation of oil?
which of these alternatives would you have chosen? What role would a desire to support the U.S. economy have played in your decision-making process?
What was the relationship between the lack of inflation in the economy in late 2003 and the large numbers of unemployed and underemployed workers?
What is the equilibrium interest rate in this example? What are two events that might cause the equilibrium interest rate to increase?
What has happened to the federal funds rate and the price of oil since 2006?
Explain how this story is related to economic problems that take place when the Fed tries to move production in the economy to exceed its potential.
Why should you buy the car now or wait for lower interest rates? What else should concern you? Explain your answers.
How much of your bi-weekly pay would you take in cash, deposit in your checking account, and put in your saving account?
How would this change the value of the money multiplier? What would this do to the amount of each checking deposit that banks could lend?
How much would you need to save during each of two summers to reach your goal? Explain your plan in several paragraphs.
Identify Depository Institutions Make a list of all the depository institutions that have offices in your community.
Describe What Happens When the Fed Lends Money Banks that are short on cash may ask to borrow funds from the Federal Reserve System.
In what ways are these pieces of paper similar to money and in what ways are they different from money?
Write a sentence describing what the article says is the problem with Social Security. What did President Bush propose as a solution to this problem?
Evaluate a Proposed Constitutional Amendment Members of Congress have from time to time argued in favor of a constitutional amendment that would require.
Describe how the multiplier effect would have increased the total increase in spending to far more than original $15 billion President Clinton wanted to spend.
Sticky Wages Imagine that you are 20 years older and married with two children. Would you agree to the pay cut? Explain your answer. Why are wages "sticky"?
How successful do you imagine this program was? Investigate the program at your library or online to find out whether your expectations were correct.
How much of this amount should they spend? How does this situation demonstrate a problem of achieving an efficient level of public goods?
What principle of taxation is each of these proposals based on, and which would you support? Explain your answer.