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- Using the information in the pictures below, Answer the following questions. The macroeconomic forecasts carried out by different entities are of upmost importance for the whole society and, of course, for the companies that operate in that economy. select two updated macroeconomic charts of some of the entities that monitor the economy and make forecasts. The objective is to compare different future forecasts of the entities to have a critical and well-formed view of the macroeconomic future in the USA. Based on the charts consulted, comment what is expected from the American economy in the next years in general terms. Are there differences in the forecasts? How do you think the state will act in the future based on the chart variables that inform us about its behavior? What will the behavior of families and companies be like?This semester, you have read about many topics in Macro-Economics. Choose two (2) specific but, different macro-economic topics from your textbook that you will take with you and USE as you continue to "make your way in the world". The topics do not have to be "chapter topics" but can be sub-topics that were broken down inside of the chapters. Make sure your post has the following: Discuss two (2) specific topics Discuss two (2) different topics Topics are from the textbook - Macroeconomics second edition- Mc Graw Hill Discuss = explaining in detail your reasons for selecting the topics you chose to take with you and use. How will you use/utilize the information in the topic. Initial post is required to be a minimum of 200 wordsWhat is the answer for the question Despite their differences, with which proposition are two economists chosen at random most likely to agree? A) Employers should not be restricted from outsourcing work to foreign nations. B) Centeral Banks should focus more on mainstreaming low unemployment than on maintaining low inflation. C) Business managers can raise profit by reducing costs than by raising revenue.
- Which of the following is not true about real business cycle macroeconomics: (a) is based on econometric and statistical modeling. (b) describes how productivity shocks affect the business cycle (c) determines that neither fiscal nor monetary policy is very important for macroeconomic performance (d) requires dynamic general equilibrium modelingThe following are examples of macroeconomic questions that remain debated among economists and policy-makers: 1. Does economic growth create inequality in income and wealth? 2. Do lower wages reduce unemployment? 3. Is there a trade-off between unemployment and inflation? 4. Is a large government debt a problem? 5. Should central banks target inflation in asset prices or only in consumer prices? Choose any two of the above questions and in each case briefly outline the economic reasoning behind different viewpoints.Hello, I would like some step-by-step demonstration (I am having a lot of problems to understand that)of one of my macroeconomics assignments. Thank you, have a nice evening! The U.S. economy slowed significantly in early 2008, and policy makers were extremely concerned about growth. To boost the economy, Congress passed several relief packages (the Economic Stimulus Act of 2008 and the American Recovery and Reinvestment Act of 2009) that combined would deliver about $700 billion in government spending. Assume, for the sake of argument, that this spending was in the form of payments made directly to consumers. The objective was to boost the economy by increasing the disposable income of American consumers. Calculate the initial change in aggregate consumer spending as a consequence of this policy measure if the marginal propensity to consume (MPC) in the United States is 0.5. Then calculate the resulting change in real GDP arising from the $700 billion in payments. Illustrate that…
- Indicators dashboard assignment 2022 Macroeconomics is about more than just the models discussed in the textbook. JM Keynes wrote about the master economist: ..."He must understand symbols and speak in words. He must study the present in the light of the past for the purposes of the future". As part of your training as master economists, you need to keep an eye on the news and macroeconomic indicators that economists are interested in. For 20% of your module mark you need to present the indicators that you followed throughout the semester in a indicators dashboard. This is due on 27 May 2022. Instructions: • You can compile your dashboard in any way that you like, but for assessment you need to upload a pdf report on eFundi. • This report needs to present the indicators data in tables and graphs, and you need to briefly interpret them: o Use the macroeconomic policy objectives as a starting point: economic growth and increasing employment, stable and low inflation, a sustainable…Classify the following as microeconomics or macroeconomics and provide a justification for your response. A comparison of alternative tax policies and their respective impacts on the rate of the nation’s economic growth The decision by McDonald’s to hire fewer workers because of an increase in the minimum wage. Susan’s decision about how much income to save The central bank announces that it is increasing the discount rate in an effort to slow the rate of inflation. Question 2 A snowboard company currently hires 10 skilled employees who are paid a weekly wage of $1,000.00. the cost of capital is $3000 and it is fixed, which means that it does not vary with output. The company is currently producing 240 snowboards. The company’s cost will be $13,500 if it produces an additional snowboard. A customer is willing to pay $550 for the 241st snowboard. Should the company produce and sell it? Timothy quits his job which pays $84000 a year, to enrol in a 2-year…One of the following scopes under the definition of macroeconomics is NOT TRUE A) Macroeconomic is a study about the behavior of the economy and analyses how the economy performs. B) Macroeconomic studies about how a consumer reacts to the fluctuation of price in his consumption. C) Macroeconomic analyses the indicator in line with the long-term economic objectives of the society or economy. D) Macroeconomic focuses on aggregate changes in the economy such as unemployment, the growth rate of the national output, inflation, and trade balance.
- Hey, I need help with a macroeconomics problem. Thank you in advance! The questions are based on a Feb 1, 2023 statement by the Federal Reserve (attatched below) Effects mentioned in question: - Inflation is expected to increase - The Committee's choice to raise the target range for the federal funds rate and potentially keep on expanding it in the future recommends that they might be taking a more restrictive stance on monetary policy. How do the effects you you previously found align with what the Fed was hoping to attain?What are some examples of macroeconomics queation?1-) Explain how we can use the Supply and Demand Model to explain price and quantity fluctuations in real life. 2-) Go to www.bls.gov and find the current unemployment rate and inflation rate for the US, how does this compare over time? How does it compare to other countries? 3-) What is the business cycle? How often do we have a Recession, when was the last one and the one before?
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