Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
What are the composition and purpose of the Federal Open Market Committee (FOMC)?
How do Fedwire and ACH transactions differ from credit card, debit card, and stored-value card transactions?
What have been the largest and smallest U.S. coin denominations since the Coinage Act of 1792?
Explain how this principle can affect you or your community or your employment or your city/county/state or the country or another country.
What assumptions cause the immediate-short-run aggregate supply curve to be horizontal? Why is the long-run aggregate supply curve vertical?
Why is the aggregate demand curve downsloping? Specify how your explanation differs from the explanation for the downsloping demand curve for a single product.
If the multiplier was 2 in that period, what was the size of the economy's recessionary expenditure gap?
Explain graphically the determination of equilibrium GDP for a private economy through the aggregate expenditures model.
How do the APC and the MPC differ? Why must the sum of the MPC and the MPS equal 1? What are the basic determinants of the consumption and saving schedules?
Why are consumption and saving in the United States greater today than they were a decade ago?
Which two categories of goods or services had the greatest price increases for the month? Which two had the lowest price increases for the month?
How does that rate compare with the rate in the previous month? What were the unemployment rates for adult men, adult women, teenagers, blacks and Hispanics.
Which of the two types is most likely to be associated with a negative GDP gap? Which with a positive GDP gap, in which actual GDP exceeds potential GDP?
What effect does inflation have on the purchasing power of a dollar? How does it explain differences between nominal and real interest rates?
Explain how an increase in your nominal income and a decrease in your real income might occur simultaneously. Who loses from inflation?
Since the United States has an unemployment compensation program that provides income for those out of work, why should we worry about unemployment?
What factors make it difficult to determine the unemployment rate? Why is it difficult to distinguish between frictional, structural, and cyclical unemployment?
How does the real GDP per capita of China compare with that of the United States?
What is the growth rate of its real GDP? Assume that population is 100 in year 1 and 102 in year 2. What is the growth rate of real GDP per capita?
What were the percentage changes in nominal GDP and real GDP for the most recent quarter? What accounts for the difference?
What government agency compiles the U.S. NIPA tables? In what U.S. department is it located? Of the several specific sources of information, name one source.
Why do national income accountants compare the market value of the total outputs in various years rather than actual physical volumes of production?
Define net exports. Explain how U.S. exports and imports each affect domestic production.
What are (a) preferred provider organizations and (b) health maintenance organizations?
What is the annual deductible under the coverage? In percentage terms, what is the copayment for prescription drug expenses below $2250 annually?