1,
1. Suppose the Fed were required to conduct monetary policy so as to hold the unemployment rate below 4%, the goal specified in the Humphrey-Hawkins Act. What implications would this have for the economy?
2. Here are annual values for M2 and for nominal GDP (all figures are in billions of dollars) for the mid-1990s.
1993
M2 - 3,482.0
Nominal GDP- $6,657.4
1994
M2 - 3,498.1
Nominal GDP - $7,072.2
1995
M2 - 3,642.1
Nominal GDP- $7,397.7
1996
M2- 3,820.5
Nominal GDP - $7,816.9
1997
M2 - 4,034.1
Nominal GDP - $8,304.3
a. Compute the velocity for each year
b. Compute the fraction of nominal GDP that was being held as money
c. What is your conclusion about the stability of velocity in this five-year period?
2,
"Strategic Competitiveness" Please respond to the following:
From the first e-Activity, determine which of the two, technology and global economy primary drivers of the competitive landscape is more influential. Explain your rationale.
Explain which model (I / O model or resource-based model) you believe will best help a firm in the industry you researched earn above-average returns.
Management's Responsibility" Please respond to the following:
From the second e-Activity, determine the level of responsibility management had for the business failure you researched of the Samsung Galaxy s7 catching fire. Provide specific examples to support your response. Catching fire and Lawsuits.
Create a list of three best practices that not only would have helped the company you researched from failure, but would also apply to the rest of the industry your company was part of. Explain your rationale for selecting these best practices.