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Analyze how U.S. monetary policy affects the global economy.
Question: Explore the different measures of the money supply, and explain why the different definitions are important.
What is the discount rate in the banking system, and explain how the Fed manipulates this rate in order to achieve macroeconomic objectives.
Explain the differences between private goods, public goods, natural monopolies, and open-access goods.
Explain how perfectly competitive markets use or do not use resources efficiently.
The federal agency responsible for covering the cost of dental care for low-income seniors has set a rate of $100 for various dental treatments
Kidney's (transplant) are not allocated through markets. What are the pros and cons of switching to a market for kidneys?
Without government intervention, what would be the equilibrium amount of chocolate produced? What is the socially optimal amount of chocolate production?
Explain with the aid of a diagram how the market adjusts to (i) an increase in money supply (ii) an increase in real GDP
Discuss in detail ONE factor of how government involvement in the marketplace can impact or not impact the economy
A change in the real money supply can result either from a change in the nominal money supply through Federal Reserve policy
Research the elasticity of beef and eggs in regards to price changes. How do supply, demand, and price controls interact to affect equilibrium price of eggs?
When negative (or positive) externalities exist economists say that the market has failed to produce the right amount of the good at the right price.
What is the equilibrium price and quantity? At a price of $100.00, what will the quantity be?
What will happen as we move from the short run to a long run equilibrium in a monopolistically competitive industry if firms are making a positive profit
Suppose that, in a perfectly competitive market at the profit maximizing quantity, the market price is greater than average total cost.
What is the effect of an increase in the quantity of money? What is the difference between real variables and nominal variables?
Select a good or service in which you are familiar. What are the factors that affect the supply and demand of the good or service? (100 word count)
The following problem traces the relationship between firm decisions, market supply, and market equilibrium in a perfectly competitive market.
Locate an article concerning trends in consumption patterns. Prepare a 1,050 to 1,400-word paper in which you:
You should assume that the accident at Chernobyl had no effect on the price of hot dogs or Jane's preference of caviar.
Consider the demand and supply curves for several markets - the market for mineral resources, the market for wheat, the market for sugar
When a monopolist maximizes profits, the price is greater than the marginal cost of producing the output.
If the federal government imposes a price ceiling on ice cream and the equilibrium price is above the government's price ceiling:
It is a common observation that wages are sticky downwards. Discuss the implications of this in relation to part (a) of the question.