# Chair the Fed: A monetary policy game Writing Assignment Help

Chair the Fed: A monetary policy game Writing Assignment Help. Chair the Fed: A monetary policy game Writing Assignment Help.

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## Chair the Fed: A monetary policy game

Go to http://sffed-education.org/chairman. Use the Learn More button and review the tight (contractionary) and easy (expansionary) tools of the Fed as well as the use of each. Briefly examine the Economic Dictionary and the Policy in Depth features.

Now play the game! You are the Fed Chairperson! You begin with 16 quarters, 4 years, and then your job is up for review. You begin with rates at 4.5, inflation at 2.14% and unemployment at 4.75%.

Make decisions on interest rates for the 16 quarters. Summarize the changes you chose and explain your results. Do you still have a job? Why or why not?

Chair the Fed: A monetary policy game Writing Assignment Help[supanova_question]

## economic in healthcare Business Finance Assignment Help

hello

I have the assignment and I need to answer it, it is about the economic in healthcare

I need it tomorrow

Revenue Determination:

Mike Smith who works for a local well star clinic is given the following task: determine the price to charge for patients who are covered by Managed care # 2 plan in order to meet the margin target. Assumptions are listed as the followings:

 Reimbursement Rate Total Cost \$100,000 Total Volume 1000 Patient group Medicare 40% \$95/visit Medicaid 10% \$75 Managed Care #1 plan 30% \$110 Managed Care #2 Plan 15% ??? Uninsured 5% 10% of the charge on Managed Care #2 plan

(Dollar amounts are measured in thousands)

Assume that reimbursement rate from Managed care#2 is 90% of the charges charged by the clinic.

Answer the following questions for Mike:

1. What price should the clinic charge for Managed Care #2 plan in order to break even?
2. What price should the clinic charge for Managed Care #2 plan in order to make a profit of 5 million dollars?
3. How sensitive is the price charge to volume change? (Hint: come up with several scenarios of increased/decreased total volumes, different volume composition in terms of different percentages of client groups etc. BE CREATIVE)

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## Buffer and pH Science Assignment Help

Hello there. This is a lab report. I will send you the data derived from the experiment. Please go through each step and make sure to answer every question that’s asked. If it asks to graph please use excel. Also please use word document to answer the questions. Thank you! The website to the lab manual is http://ars-chemia.net/Classes/102/manual/102_manua… This lab starts at 36 and ends at 39! Fill out any data, that’s necessary. After selecting you, I will send you the experimental data. If the link doesn’t work let me know!

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## French Culture Foreign Languages Assignment Help

I’m looking for someone who has a knowledge about french Culture. I already have the thesis statement and what I want to need tomorrow is

1. Evidence

2. Examples

3. Conclusion

;

Research Paper

Thesis statement: Yves. St. Laurent was best known as a powerful European fashion designer who affected fashion from 1960 to the present day. He is viewed as being among the premier fashion designers in the twentieth century.

I. Introduction

1. Statement of the problem

2. Definition of Terms

3. Theoretical Framework

4. Methodology

a. Type of Research

b. Respondents

c. Questionnaire

5. Hypothesis

6. Review of Related Literature

7. Scope and Limitations

8. Significance of the Study

2. Body

I. Background of the Study

i. Early Life

ii. Personal life and career

a. Young designer

b. Conscription , independence and illness

iii. Later life

iiii. Legacy

v. Death

vi. In popular culture

a. Books

b. On film

c. television

3. Conclusion

I. Analytical Summary

II. Thesis Reworded

III. Concluding Statement

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## HD Discussion 105 Writing Assignment Help

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## Write a 4-5 page APA style paper on why welfare recipient should be drug tested. Humanities Assignment Help

I have to agree that welfare recipients should be drug tested.

This assignment is designed to foster critical thinking in the use of the professional literature. As well, students will be required to demonstrate their oral communication skills. Each student will have a debate topic assigned to them by the instructor. You will be paired with one of your peers for the debate; one being the affirmative and the other being the negative.

Your assignment is to write a well-informed four to five page argument paper plus references based on your research related to the topic. A minimum of six references should be used to prepare your paper and the papers should be in APA format. The majority of your references should be scholarly in nature.

You will use this paper as an opening argument for your debate in class, not more than five minutes in length. Both members of the pair will present oral arguments in class, followed by a Hot Seat round during which you will each have a turn to challenge one another’s arguments. After the questions/challenges have been presented during the 2-minute Hot Seat round, you will each have 2 minutes to present your closing arguments.

In summary,

• you will be notified as to your debate topic and positive
• you will then write a four to five page argument paper on the debate topic (this will help you outline your opening statement)
• Based on your paper, you will prepare your opening statement that is not more than five minutes
• You will then respond to your debate partner’s opening with questions in class (“hot seat” round)
• Based on the paper you wrote and the comments from your opponent, you will then each offer a 2-minute closing statement.

Argument paper must contain:

• Introduction
• Support
• Refutation
• Conclusion
• In the Introduction

A background on the topic is appropriate. This consists of a brief history and a review of basic facts.

A thesis statement is required. This informs the reader of the writer’s opinion regarding the matter under discussion and previews plan of development.

Support

Present points of discussion. Each point is typically given its own paragraph and is supported by evidence. Most often, begun with weakest point and concludes with stronger arguments. If all points are equally strong, builds a relationship with audience by discussing the most familiar, less controversial points first.

Refutation

Acknowledge the opposition. Acknowledgement does not imply agreement. In this portion of the essay, the writer needs to “refute” or disagree intelligently with the opposition.

Conclusion

Restatement, in general terms, the major arguments marshaled in defense of thesis. Summarize key points, restate thesis, reinforce the weakness of his opposition, underscore the logic of his presentation, re-emphasize why this debate is important.

Write a 4-5 page APA style paper on why welfare recipient should be drug tested. Humanities Assignment Help[supanova_question]

## Project Company Business Finance Assignment Help

Hi Everyone,

I have added to the FIN 352 -01-1804 Canvas site a new Module, Valuation Models, with two related items. The first is an article from Seeking Alpha about a pharmaceutical company called Galapagos. The second is an Excel DCF valuation model of the firm’s stock price.

I am not interested in the firm as an investment for SMIF but more interested in the Excel Valuation model as it is based – in light of a quick and maybe mistaken review- on the primary type of models we will use in SMIF to value stocks.

So, review the Excel spreadsheets to become more familiar with a critical valuation method.

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## Answer These Two Economic Questions: Written Assignment Economics Assignment Help

These should be detailed answers using simple language and macroeconomic terms. Each answer should be more than 4 sentences and a little lengthy.

2. The JC Penney stock was trading at \$42 in February 2012 when Ron Johnson was hired as CEO by JC Penney after he created the Apple stores and reinvented Target stores. Please see the historical price change in this link (Select ALL for historical prices and focus on the price change since 2012)

During his management of the company, he introduced dramatic departures from J.C. Penney’s traditional retail approach (high-low pricing), and enacted changes quickly to eliminate sales and introduced ‘everyday low pricing’. As of September 20 2018, the stock price is \$1.97.

Read the following Reuters article to learn the pricing strategy JC Penney initiated in 2012 in order to boost profits. What is the assumption that JC Penney CEO Johnson was making about the price elasticity of demand for the company’s products when he eliminated sales (elastic or inelastic)? What were the concerns for this new strategy?

New Pricing Strategy Could be Penney Wise but Risky (2012) https://www.reuters.com/article/us-jcpenney/analysis-new-pricing-strategy-could-be-penney-wise-but-risky-idUSTRE80J1P620120120 (Links to an external site.)Links to an external site.

3. Also read the following articles and explain why JC Penney’s strategy did not work. What is JC Penney customers’ actual price elasticity of demand for retail clothing products (elastic or inelastic)?

-When you answer your questions, think about the type of JC Penney products and the determinants of elasticity. What is the difference between Apple/Target customers and JC Penney customers?

-Your answer should include how revenue can increase or decrease as a result of a change in price depending on the price elasiticity of demand.

JC Penney is Bringing Back Sales (2013) http://www.cnbc.com/id/100413301

JC Penney’s Buzz is Gone for Good (2017) https://www.forbes.com/sites/panosmourdoukoutas/2017/08/13/jc-penneys-buzz-is-gone-for-good/#15bf26216ade (Links to an external site.)Links to an external site.

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## This assignment is 4 pages total Writing Assignment Help

(This assignment is 4 pages total) Please read the following article : Can you say what your strategy is? 1-Write an Executive Summary for this reading. 2- Answer the following three questions: – Which are the three most CRITICAL ISSUES for this reading? Please explain why? and analyze, and discuss in great detail – Which are the three most relevant LESSONS LEARNED for this reading? Please explain why? and analyze, and discuss in great detail – Which are the three most important BEST PRACTICES for this reading? Please explain why? and analyze, and discuss in great detail

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## QUIZ! Exam Economics Assignment Help

What will happen in a market where a nonbinding price ceiling is removed?

 THERE WILL BE DOWNWARD PRESSURE ON THE PRICE IN THE LEGAL MARKET.
 THE PRODUCTS SOLD WILL IMPROVE IN QUALITY AND BECOME MORE PLENTIFUL.
 SELLERS WILL FACE A REDUCED INCENTIVE TO SELL THE PRODUCTS.
 THE PRICE AND QUANTITY WILL NOT CHANGE IN THE LEGAL MARKET.
 THERE WILL BE INCREASED PRESSURE TO BUY AND SELL THE GOODS ON THE BLACK MARKET.

Why does a shortage that occurs under a binding price ceiling increase over time?

 DEMAND BECOMES MORE ELASTIC.
 DEMAND BECOMES MORE INELASTIC.
 DEMAND AND SUPPLY BOTH BECOME MORE ELASTIC.
 DEMAND AND SUPPLY BOTH BECOME MORE INELASTIC.
 DEMAND BECOMES MORE ELASTIC, BUT SUPPLY BECOMES MORE INELASTIC.

Flag this QuestionQuestion 32 pts

How do consumers who are subject to a binding price ceiling respond as the time frame shifts from the short run to the long run?

 CONSUMERS ARE INCREASINGLY WILLING TO SUBSTITUTE AWAY FROM THE GOOD, AND THEIR ELASTICITY OF DEMAND BECOMES LESS ELASTIC.
 THERE ARE NO CHANGES, AND ELASTICITY REMAINS UNCHANGED.
 CONSUMERS ARE INCREASINGLY WILLING TO SUBSTITUTE AWAY FROM THE GOOD, AND THEIR ELASTICITY OF DEMAND BECOMES MORE ELASTIC.
 CONSUMERS ARE LESS WILLING TO SUBSTITUTE AWAY FROM THE GOOD, AND THEIR ELASTICITY OF DEMAND BECOMES LESS ELASTIC.
 CONSUMERS ARE LESS WILLING TO SUBSTITUTE AWAY FROM THE GOOD, AND THEIR ELASTICITY OF DEMAND BECOMES MORE ELASTIC.

Flag this QuestionQuestion 42 pts

The usual stated political goal of rent control is

 TO CONDUCT SOCIAL ENGINEERING VIA ECONOMIC RULES.
 TO PANDER TO REAL ESTATE LANDLORDS BY ASSURING THEM A LOW OCCUPANCY RATE.
 TO PANDER TO THE LOW INCOME VOTERS BY ASSURING THEM ENOUGH LIVING SPACE.
 TO ASSIST THE LOW INCOME AT A COST TO SOCIETY, IN CONVENIENT, AFFORDABLE HOUSING.
 PRICES THAT ALLOW RATIONING TO THE HIGHEST BIDDER.

Flag this QuestionQuestion 52 pts

Refer to the accompanying table to answer the following questions.

 Monthly Rent Quantity of ApartmentsDemanded Quantity of ApartmentsSupplied \$1,500 136,500 78,100 \$1,550 112,750 83,760 \$1,600 107,000 87,900 \$1,650 100,100 94,250 \$1,700 98,450 98,450 \$1,750 95,000 118,500 \$1,800 92,800 125,600

If rent control is established at \$1,750, what would be the amount of disequilibrium in the apartment market?

 THERE WOULD BE A SHORTAGE OF 23,500 APARTMENTS.
 THERE WOULD BE A SURPLUS OF 23,500 APARTMENTS THAT IS REDUCED, OVER TIME, AS INDIVIDUALS RENT APARTMENTS IN THE ILLEGAL BLACK MARKET.
 THERE WOULD BE NEITHER A SHORTAGE NOR A SURPLUS.
 THERE WOULD BE A SURPLUS OF 23,500 APARTMENTS THAT IS ELIMINATED THROUGH INDIVIDUALS RENTING APARTMENTS IN THE ILLEGAL BLACK MARKET.
 THERE WOULD BE A SURPLUS OF 23,500 APARTMENTS THAT INCREASES AS HOUSES AND CONDOMINIUMS ARE CONVERTED INTO APARTMENTS.

Flag this QuestionQuestion 62 pts

Imagine you find yourself in a heat wave and your air conditioner has broken. Unable to find a new one at the store because of a price gouging law, you purchase an air conditioner on the black market. What role did the price gouging law have?

 IT INCREASED THE WILLINGNESS OF FIRMS TO SUPPLY AIR CONDITIONERS WHEN THEY WERE OUT OF STOCK AT THE STORES.
 IT INCREASED CONSUMER DEMAND FOR AIR CONDITIONERS.
 IT DECREASED THE INCENTIVE OF INDIVIDUALS TO SUPPLY THE GOOD ON THE BLACK MARKET.
 IT HAD NO EFFECT ON CONSUMERS OR FIRMS IN THIS SITUATION.
 IT INCREASED THE INCENTIVE OF INDIVIDUALS TO SUPPLY THE GOOD ON THE BLACK MARKET.

Flag this QuestionQuestion 72 pts

A nonbinding price floor has which of the following consequences?

 THERE WILL BE DOWNWARD PRESSURE ON PRICES UNTIL QUANTITY DEMANDED EQUALS QUANTITY SUPPLIED.
 THERE WILL BE UPWARD PRESSURE ON PRICES UNTIL QUANTITY DEMANDED EQUALS QUANTITY SUPPLIED.
 THERE ARE NO CONSEQUENCES TO A NONBINDING PRICE FLOOR.
 THE QUANTITY DEMANDED WILL ALWAYS EXCEED THE QUANTITY SUPPLIED.
 THE QUANTITY DEMANDED WILL ALWAYS BE SMALLER THAN THE QUANTITY SUPPLIED.

Flag this QuestionQuestion 82 pts

What will happen in a market where a nonbinding price floor is removed?

 THE PRODUCTS SOLD WILL BECOME MORE PLENTIFUL.
 THE PRICE OR QUANTITY OF THE PRODUCT SOLD ON THE LEGAL MARKET WILL NOT CHANGE.
 THERE WILL BE UPWARD PRESSURE ON THE PRICES.
 THERE WILL BE DOWNWARD PRESSURE ON THE PRICES.
 THERE WILL BE INCREASED PRESSURE TO BUY AND SELL THE GOOD ON THE BLACK MARKET.

Flag this QuestionQuestion 92 pts

Macroeconomics includes the study of

 INDIVIDUAL MARKETS.
 THE BEHAVIOR OF THE FIRM.
 THE BEHAVIOR OF THE CONSUMER.
 CHANGES IN NATIONAL INCOME.
 CHANGES IN COMMODITY PRICES.

Flag this QuestionQuestion 102 pts

Which of the following is a topic of microeconomics?

 THE LEVEL OF NATIONAL INCOME
 THE LEVEL OF EMPLOYMENT IN THE COUNTRY
 THE PRICES OF ALL GOODS IN THE COUNTRY
 THE PROFIT OF FIRMS IN THE BANKING INDUSTRY
 THE LEVEL OF NATIONAL OUTPUT

Flag this QuestionQuestion 112 pts

Which of the following is a sign that an economy is in poor health?

 A PROLONGED DECLINE IN TOTAL OUTPUT
 FAILURE OF TOTAL OUTPUT TO EQUAL TOTAL INCOME
 FAILURE OF OUTPUT TO REMAIN CONSTANT OVER TIME
 A SHIFT IN PRODUCTION, FROM GOODS TO SERVICES
 A PROLONGED RISE IN TOTAL INCOME

Flag this QuestionQuestion 122 pts

Which of the following is a service?

 A VISIT TO YOUR LOCAL BEACH
 A TRIP TO THE STORE TO BUY A T-SHIRT
 A DELIVERY PIZZA
 HAVING TO WRITE A CHECK TO PAY YOUR TAXES

Flag this QuestionQuestion 132 pts

Consumption is approximately ________ of gross domestic product (GDP).

 50 PERCENT
 90 PERCENT
 70 PERCENT
 80 PERCENT
 40 PERCENT

Flag this QuestionQuestion 142 pts

When you buy a new car built by Ford, it is included in the ________ category of gross domestic product (GDP).

 CONSUMPTION
 INVESTMENT
 GOVERNMENT PURCHASES
 EXPORT
 IMPORT

Flag this QuestionQuestion 152 pts

Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the following questions. Assume that the base year is 2012.

 Good 2012 Price 2012 Quantity 2013 Price 2013 Quantity A \$2.00 500 \$2.50 600 B \$4.00 1,000 \$5.00 900 C \$2.00 200 \$1.00 300

What was the nominal gross domestic product (GDP) in 2013?

 \$5,400
 \$6,300
 \$6,450
 \$1,700
 \$13,600

Flag this QuestionQuestion 162 pts

Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the following questions. Assume that the base year is 2015.

 Good 2015 Price 2015 Quantity 2016 Price 2016 Quantity A \$2 250 \$3 200 B \$3 300 \$2 400 C \$4 400 \$5 500

What was the inflation rate between the two years?

 1 PERCENT
 3.2 PERCENT
 2 PERCENT
 3.8 PERCENT
 8.3 PERCENT

Flag this QuestionQuestion 172 pts

If over a period of time real gross domestic product (GDP) decreases while nominal GDP increases, then this implies

 A SIGNIFICANT RISE IN THE PRICE LEVEL.
 A SIGNIFICANT DROP IN THE PRICE LEVEL.
 THAT REAL GDP IS MUCH GREATER THAN NOMINAL GDP.
 THAT THE GIVEN PERIOD OCCURS BEFORE THE BASE PERIOD.
 THAT THE GIVEN PERIOD YEAR OCCURS AFTER THE BASE PERIOD.

Flag this QuestionQuestion 182 pts

Consider the following data that identifies real gross domestic product (GDP) in comparison to the long-run trend of real GDP to answer the following questions:

 Quarter Real GDP(billions of dollars) Long-Run Trend of Real GDP(billions of dollars) 1 4,000 4,000 2 4,160 4,120 3 4,326 4,244 4 4,413 4,371 5 4,501 4,502 6 4,591 4,637 7 4,499 4,776 8 4,409 4,919 9 4,673 5,067 10 4,954 5,219 11 5,252 5,376 12 5,376 5,537

Between quarter 2 and quarter 3, real gross domestic product (GDP) grew by what percentage?

 4 PERCENT
 3 PERCENT
 1 PERCENT
 2 PERCENT
 −2 PERCENT

Flag this QuestionQuestion 192 pts

Nominal gross domestic product (GDP) increased from \$15.62 trillion to \$16.09 trillion, and the price level increased from 120.0 to 122.4. Rounding to the nearest first decimal, the rate of inflation was

 3.0 PERCENT.
 1.0 PERCENT.
 2.4 PERCENT.
 20.0 PERCENT.
 2.0 PERCENT.

Flag this QuestionQuestion 202 pts

If nominal gross domestic product (GDP) changed by 6 percent and the price level changed by 2 percent, then real GDP changed by

 4 PERCENT.
 3 PERCENT.
 8 PERCENT.
 12 PERCENT.
 6 PERCENT.

Flag this QuestionQuestion 212 pts

Gross domestic product (GDP) is not a good measure of the

 TOTAL INCOME EARNED BY ALL PEOPLE IN THE COUNTRY.
 AVERAGE LIVING STANDARDS OF PEOPLE IN THE COUNTRY WHEN ADJUSTED FOR POPULATION.
 OUTPUT PRODUCED BY PEOPLE IN THE COUNTRY.
 INCOME INEQUALITY THAT EXISTS BETWEEN PEOPLE IN THE COUNTRY.
 OVERALL HEALTH OF THE ECONOMY.

Flag this QuestionQuestion 222 pts

A shortcoming of real gross domestic product (GDP) is it

 DOES NOT INCLUDE THE UNDERGROUND ECONOMY.
 INCLUDES NONMARKET GOODS.
 DOES NOT MEASURE CHANGES IN EMPLOYMENT.
 DOES NOT INCLUDE THE VALUE OBTAINED THROUGH PURCHASES OF STOCKS AND BONDS.
 DOES NOT ACCOUNT FOR CHANGES IN THE PRICES OF GOODS AND SERVICES.

Flag this QuestionQuestion 232 pts

Which of the following lists the three types of unemployment?

 FRICTIONAL, STRUCTURAL, AND PRACTICAL
 PRACTICAL, STRUCTURAL, AND CYCLICAL
 FRICTIONAL, UNAVAILABLE, AND STRUCTURAL
 CYCLICAL, PRACTICAL, AND UNAVAILABLE
 FRICTIONAL, STRUCTURAL, AND CYCLICAL

Flag this QuestionQuestion 242 pts

Which of the following statements about structural unemployment is true?

 STRUCTURAL UNEMPLOYMENT CAN BE ELIMINATED THROUGH GOVERNMENT INTERVENTION.
 STRUCTURAL UNEMPLOYMENT IS EQUAL TO ZERO WHEN THE ECONOMY IS IN AN EXPANSION.
 STRUCTURAL UNEMPLOYMENT CANNOT BE ELIMINATED.
 STRUCTURAL UNEMPLOYMENT IS NOT A BURDEN ON HOUSEHOLD INCOMES.
 STRUCTURAL UNEMPLOYMENT IS UNHEALTHY FOR THE LONG-RUN GROWTH OF AN ECONOMY.

Flag this QuestionQuestion 252 pts

Nina has a part-time job as she finishes her degree in fashion design. After obtaining her degree she decides to quit her part-time job to search for a job that better fits her now-improved skill set. Nina has a few interviews, but it is taking time to find the job that suits her best. Nina would be considered

 STRUCTURALLY UNEMPLOYED.
 CYCLICALLY UNEMPLOYED.
 FRICTIONALLY UNEMPLOYED.
 OVEREMPLOYED.
 A DISCOURAGED WORKER.

Flag this QuestionQuestion 262 pts

Brian Murphy is a political consultant for a candidate in Massachusetts. Mr. Murphy’s candidate is defeated in the November election, and as a result, Mr. Murphy finds himself unemployed. Mr. Murphy’s unemployment is classified as ________ unemployment.

 DISCOURAGED
 STRUCTURAL
 FRICTIONAL
 CYCLICAL
 LONG-TERM

Flag this QuestionQuestion 272 pts

The Internet has enabled workers and companies to find each other more quickly and to make better matches with substantially lower costs. The result is

 LOWER FRICTIONAL UNEMPLOYMENT.
 LOWER STRUCTURAL UNEMPLOYMENT.
 HIGHER FRICTIONAL UNEMPLOYMENT.
 LOWER CYCLICAL UNEMPLOYMENT.
 HIGHER STRUCTURAL UNEMPLOYMENT.

Flag this QuestionQuestion 282 pts

In November 2009, the United States was in a deep recession. To help keep the economy afloat, the government extended the period of time one could receive unemployment insurance to 99 weeks. This policy had an unintended consequence because

 WORKERS SEARCHED FOR JOBS FOR LONGER, WHICH REDUCED THE UNEMPLOYMENT RATE.
 MANY WORKERS QUIT THEIR JOBS SO THEY COULD RECEIVE UNEMPLOYMENT INSURANCE.
 WORKERS SPENT MORE TIME SEARCHING FOR THE PERFECT JOBS, WHICH INCREASED FRICTIONAL UNEMPLOYMENT.
 EMPLOYERS WERE MORE HESITANT TO FIRE WORKERS, WHICH REDUCED THE UNEMPLOYMENT RATE.
 EMPLOYERS WERE MORE HESITANT TO FIRE WORKERS, WHICH INCREASED THE UNEMPLOYMENT RATE.

Flag this QuestionQuestion 292 pts

The root cause of cyclical unemployment is

 UNEMPLOYMENT INSURANCE.
 LABOR MARKET REGULATIONS.
 DELAYS IN MATCHING AVAILABLE WORKERS WITH OPEN JOBS.
 CHANGES IN THE INDUSTRIAL MAKEUP OF THE ECONOMY.

Flag this QuestionQuestion 302 pts

Use the table to answer the following questions:

 Group # in Millions Relevant population 243 Labor force 154 Not in labor force 89 Employed 142 Unemployed 12

According to the table, the employment rate in this economy is equal to

 4.9 PERCENT.
 92.2 PERCENT.
 63.4 PERCENT.
 7.8 PERCENT.
 8.5 PERCENT.

Flag this QuestionQuestion 312 pts

Katherine was laid off from her job 11 months ago. After searching for a job for months, Katherine gives up her job search because she feels there are no jobs available for her. Economists would classify Katherine as

 UNEMPLOYED.
 IN THE LABOR FORCE.
 UNDEREMPLOYED.
 EMPLOYED.
 A DISCOURAGED WORKER.

Flag this QuestionQuestion 322 pts

Use the table to answer the following questions:

 Group # in Millions Relevant population 215 Employed 138 Unemployed 9

According to the table, the labor force is

 138 MILLION.
 215 MILLION.
 77 MILLION.
 147 MILLION.
 68 MILLION.

Flag this QuestionQuestion 332 pts

Use the table to answer the following questions:

 Group # in Millions Relevant population 215 Employed 138 Unemployed 9

According to the table, the labor force participation rate is

 64.2 PERCENT.
 68.4 PERCENT.
 35.8 PERCENT.
 31.6 PERCENT.
 6.1 PERCENT.

Flag this QuestionQuestion 342 pts

If the consumer price index (CPI) was 100 in the period of 1982–1984, then

 THERE WOULD BE DEFLATION.
 THIS PERIOD WAS THE BASE PERIOD.
 THIS PERIOD WAS CHARACTERIZED BY MENU COSTS.
 THIS PERIOD WAS ECONOMICALLY OPTIMAL.
 THIS PERIOD WAS INFLATIONARY.

Flag this QuestionQuestion 352 pts

Suppose a basket of goods and services has been selected to calculate the consumer price index (CPI) and 2002 has been chosen as the base year. In 2002, the basket’s cost was \$76.00; in 2004, the basket’s cost was \$79.50; and in 2006, the basket’s cost was \$85.00. The value of the CPI was

 100 IN 2002.
 108 IN 2004.
 120 IN 2006.
 AT LEAST 118 IN 2007.
 NO MORE THAN 90 IN 2001.

Flag this QuestionQuestion 362 pts

In Bovania, milk constitutes 56 percent of the typical basket of goods for a typical consumer. Let’s say the price of milk rises by 7 percent and the prices of all other goods fall by 4 percent. Based on the information given, we can definitely say

 THE CONSUMER PRICE INDEX (CPI) IN BOVANIA IS GREATER THAN IN THE PREVIOUS YEAR.
 THE CONSUMER PRICE INDEX (CPI) IN BOVANIA IS LESS THAN IN THE PREVIOUS YEAR.
 IF CONSUMERS GET A 4 PERCENT PAY RAISE, THEY ARE WORSE OFF IN TERMS OF THEIR REAL INCOME COMPARED TO INFLATION AS MEASURED BY THE BOVANIAN CONSUMER PRICE INDEX (CPI).
 THE GROSS DOMESTIC PRODUCT (GDP) DEFLATOR MUST BE HIGHER THAN THE CONSUMER PRICE INDEX (CPI).
 THE GROSS DOMESTIC PRODUCT (GDP) DEFLATOR MUST BE LESS THAN THE CONSUMER PRICE INDEX (CPI).

Flag this QuestionQuestion 372 pts

It is rare when prices fall in modern times. However, it is likely that they would fall during severe recessions. In what year is this most likely to have occurred?

 2005
 2009
 2011
 2012
 2003

Flag this QuestionQuestion 382 pts

In Nation A, the price index rises from 110 to 120 in a particular year. In the same year, the price level rises from 120 to 130 in Nation B. This means

 INFLATION IN BOTH NATIONS IS 10 PERCENT.
 NATION B SUFFERS FROM HYPERINFLATION.
 BOTH NATIONS SUFFER FROM HYPERINFLATION.
 NATION A IS EXPERIENCING INFLATION BUT NATION B IS EXPERIENCING DEFLATION.
 NATION A IS EXPERIENCING INFLATION OF LESS THAN 9.1 PERCENT AND NATION B IS EXPERIENCING INFLATION OF LESS THAN 8.4 PERCENT.

Flag this QuestionQuestion 392 pts

Refer to the table to answer the following questions:

 Year CPI 1999 80 2000 87 2001 105 2002 112 2003 108 2004 117

As presented in the table, the rate of inflation from 1999–2000 (i.e., during the year 2000) was (rounded to two decimal places)

 7.00 PERCENT.
 80.00 PERCENT.
 87.00 PERCENT.
 8.75 PERCENT.
 10.00 PERCENT.

Flag this QuestionQuestion 402 pts

The chained consumer price index (CPI) tends to be

 A BETTER MEASURE OF PRICES THAN THE TRADITIONAL CPI, NO MATTER WHAT THE CIRCUMSTANCES.
 A BETTER MEASURE OF PRICES THAN THE TRADITIONAL CPI, BUT ONLY IF INFLATION IS RELATIVELY HIGH.
 A BETTER MEASURE OF PRICES THAN THE TRADITIONAL CPI, BUT ONLY IF INFLATION IS RELATIVELY LOW.
 EQUALLY AS GOOD AS THE TRADITIONAL CPI, UNDER ALL CONDITIONS.
 A POOR MEASURE OF PRICES BUT BETTER THAN THE GROSS DOMESTIC PRODUCT (GDP) DEFLATOR.

Flag this QuestionQuestion 412 pts

Joe Kowalski invents a new product, and this new product becomes cheaper over time. This can be problematic because

 THE CONSUMER PRICE INDEX (CPI) WILL INCLUDE JOE’S NEW PRODUCT IMMEDIATELY IF IT IS A CONSUMER GOOD, BUT AS A CONSUMER GOOD, IT WILL NOT BE INCLUDED IN THE GROSS DOMESTIC PRODUCT (GDP) DEFLATOR.
 THE PERCENT CHANGE IN THE CONSUMER PRICE INDEX (CPI) WILL BE DISTORTED, BUT THE CHANGE IN THE GROSS DOMESTIC PRODUCT (GDP) DEFLATOR WILL NOT BE, REGARDLESS OF WHETHER THE PRODUCT IS A CONSUMER GOOD OR A PRODUCER GOOD.
 IT IS UNLIKELY THE CONSUMER PRICE INDEX (CPI) WILL INCLUDE JOE’S NEW PRODUCT IMMEDIATELY, EVEN IF IT IS A CONSUMER GOOD.
 MONEY ILLUSION WILL CAUSE CONSUMERS TO BUY MORE OF THIS GOOD THAN THE CONSUMER PRICE INDEX (CPI) WOULD OTHERWISE REFLECT.
 THIS GOOD MIGHT BE PRODUCED IN A GEOGRAPHIC LOCATION THAT IS NOT INCLUDED IN THE CONSUMER PRICE INDEX (CPI).

Flag this QuestionQuestion 422 pts

The textbook shows that the inflation-adjusted movie receipts for Titanic (released in 1997) were \$3,205,455,051 in 2015 and the original receipts were \$2,186,772,302. The implication is that

 PRICES WERE ABOUT THE SAME IN 2015 AS IN 1997.
 HYPERINFLATION HAS OCCURRED SINCE 1997.
 PRICES WERE ABOUT ONE-THIRD LOWER IN 2015 THAN THEY HAD BEEN IN 1997.
 PRICES WERE ROUGHLY 50% HIGHER IN 2015 THAN THEY HAD BEEN IN 1997.
 TITANIC WAS A BAD MOVIE AT THE TIME OF ITS RELEASE BUT HAS BECOME MORE POPULAR OVER TIME.

Flag this QuestionQuestion 432 pts

If cheeseburgers become more expensive and consumers switch their purchases away from cheeseburgers but the consumer price index (CPI) still assumes they buy the same amount, then

 THE CPI WILL REFLECT UPWARD BIAS.
 THE CPI WILL REFLECT DOWNWARD BIAS.
 CONSUMERS WILL EXPERIENCE MONEY ILLUSION.
 CONSUMERS WILL EXPERIENCE A PRICE CONFUSION PROBLEM.
 DEFLATION WILL OCCUR BECAUSE CONSUMERS NO LONGER BUY CHEESEBURGERS.

Flag this QuestionQuestion 442 pts

Wages are often tied to expected rates of inflation; thus, one reason why inflation is important is that

 WHEN WAGES RISE FASTER THAN INFLATION, COMPANIES LOSE MONEY.
 WHEN WAGES RISE SLOWER THAN INFLATION, WORKERS SUFFER BUT CORPORATE PROFITS INCREASE.
 INFLATION CREATES UNCERTAINTY ABOUT COSTS AND PRICES, WHICH AFFECTS BOTH EMPLOYEES AND EMPLOYERS.
 ALL INFLATION WILL EVENTUALLY LEAD TO HYPERINFLATION, POLITICAL INSTABILITY, AND WAR.
 MENU COSTS MEAN RESTAURANTS HAVE TO PRINT NEW MENUS, WHICH IS COSTLY AND UNPLEASANT.

Flag this QuestionQuestion 452 pts

In the equation M × V = P × Y, the variable Y stands for

 THE PRICE LEVEL.
 THE SIZE OF THE MONEY SUPPLY.
 THE RATE OF INFLATION.
 NOMINAL GDP.
 REAL GDP.

Flag this QuestionQuestion 462 pts

What is one reason why a government will deliberately inflate its national money supply?

 THE ACTION BENEFITS RETIREES AND ANYONE ELSE ON A FIXED INCOME.
 THE ACTION PROMOTES THE INTERESTS OF DOMESTIC PRODUCERS AT THE EXPENSE OF FOREIGN ONES.
 THE ACTION ENABLES THE GOVERNMENT TO BORROW FUNDS TO REMAIN IN OPERATION.
 THE ACTION TEMPORARILY BOOSTS THE GROWTH RATE OF A SLUGGISH ECONOMY.
 THE ACTION HELPS TO KEEP INFLATION UNDER CONTROL IN THE LONG RUN.

Flag this QuestionQuestion 472 pts

Mortimer loves sushi. He loves sushi so much that he asks his congressional representative to work for passage of a binding price ceiling law. Who would be affected by this law and how?

 SELLERS WOULD BENEFIT FROM SUCH A LAW BECAUSE THEY WOULD RECEIVE A HIGHER PRICE FOR THEIR PRODUCTS.
 CONSUMERS WOULD BENEFIT FROM SUCH A LAW BECAUSE PRICES WOULD BE LOWER AND ALL WOULD BE ABLE TO PURCHASE SUSHI CHEAPLY.
 CONSUMERS WOULD BENEFIT FROM SUCH A LAW BECAUSE THE SUSHI WOULD BE MADE OF HIGHER-QUALITY FISH, AND EACH SERVING WOULD BE LARGER THAN IT HAD BEEN WITH NO BINDING PRICE CEILING IN PLACE.
 SOME CONSUMERS WOULD BENEFIT FROM SUCH A LAW BECAUSE PRICES FOR SUSHI WOULD BE LOWER FOR THOSE ABLE TO BUY IT IN THE LEGAL MARKET.
 SELLERS WOULD BENEFIT FROM SUCH A LAW BECAUSE THEY WOULD BE ABLE TO SELL HIGHER-QUALITY SUSHI AND THUS CAPTURE A LARGER SHARE OF THE MARKET.

Flag this QuestionQuestion 482 pts

The difference between nominal gross domestic product (GDP) and real GDP is

 REAL OUTPUT GROWTH.
 THE PRICE LEVEL.
 NOMINAL OUTPUT GROWTH.
 LONG-RUN TREND GDP.
 AVERAGE OUTPUT GROWTH.

Flag this QuestionQuestion 492 pts

Refer to the scenario to answer the following questions.
A government worker surveys a number of households and comes up with the following information: there were a total of 100 people in the households, 10 of the people were children under 16, 60 people had full-time jobs, 10 people had part-time jobs, 5 were stay-at-home parents, 10 were full-time students over the age of 16, and 5 people had no job but were looking for jobs.

According to the information in the survey, the labor force participation rate is

 66.7 PERCENT.
 75 PERCENT.
 83.3 PERCENT.
 90 PERCENT.
 94.4 PERCENT.

Flag this QuestionQuestion 502 pts

The government can assist in reducing the level of structural unemployment by

 PROVIDING UNEMPLOYMENT BENEFITS.
 ESTABLISHING GOVERNMENT REGULATIONS ON HIRING EMPLOYEES.
 SUBSIDIZING THE RELOCATION OF WORKERS WHO LOSE THEIR JOBS.
 INSTITUTING A MINIMUM-WAGE LAW.
 INCENTIVIZING COMPANIES TO MOVE THEIR PRODUCTION OVERSEAS.

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Chair the Fed: A monetary policy game Writing Assignment Help

Chair the Fed: A monetary policy game Writing Assignment Help