A researcher has obtained the number of hours worked during…

A researcher has obtained the number of hours worked during the first week of the semester for a sample of fourteen students. 11, 6, 34, 38, 10, 2, 32, 12, 5, 14, 16, 24, 8, 20What is the 60th percentile? (Give the value of L60 to show an intermediate number in your calculation before stating your final answer.)

A) Draw the money market graph.   B) On the graph that you d…

A) Draw the money market graph.   B) On the graph that you drew for part a, show the change in the money market graph if aggregate demand increases.  C) Now, on the same graph, show the change as a result of contractionary monetary policy (assuming a limited reserve system.)  D) Assuming a ample reserve system, draw the reserve market, making sure to label the discount rate and the interest on reserves rate.  E) Assume that the country wants to enact contractionary monetary policy in ample reserve system. Draw the change on your graph in part D after the contractionary monetary policy is implemented.  F) Draw the Loanable Funds graph.  G) Assume that the government enacts policy that incentivizes savings by the public.  Show the change on your graph in part F. 

1.  Draw an economy in an inflationary period.  (1 point)  2…

1.  Draw an economy in an inflationary period.  (1 point)  2. List two specific policies a government can enact to correct the economy. (1 point) 3. Show the change on the graph from question 1. (Do NOT draw a new graph) (1 point)  4. Draw the effect of the policies you listed on the loanable funds market. Make sure to show the change to real interest rates using directional arrows. (2 points–1 correctly labeled graph, 1 for the change and explanation).  Explain why the policy made in part 2 causes the change on the loanable funds market.  Hint: you need to discuss the government’s budget.  5. Due to the change on the real interest rate in the loanable funds market, how will economic growth be affected? Explain (1 point)