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 governments 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)
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The US Congress revoked and made illegal the “40 Acres & a M…
The US Congress revoked and made illegal the “40 Acres & a Mule” plan of William T. Sherman.
Rabia is the behaver. When Rabia picks her nose in Mr. Hart’…
Rabia is the behaver. When Rabia picks her nose in Mr. Hart’s class, he continues what he is doing and completely ignores Rabia. Rabia never picks her nose in Mr. Hart’s classroom again. What is the function-altering effect of the consequence?
Which of the following ran against Abraham Lincoln in the 18…
Which of the following ran against Abraham Lincoln in the 1864 presidential election?
This man appeared in a fresher, cleaner, newer uniform and l…
This man appeared in a fresher, cleaner, newer uniform and looked more distinguished at the largest surrender of troops at the end of the Civil War.
1. Draw the Phillips Curve Model, both the short-run and the…
1. Draw the Phillips Curve Model, both the short-run and the long-run. Assume that the economy is in long-run equilibrium with an NRU at 5% and the long-run expected inflation rate of 2%. (2 points–one for labels, one for numbers placed correctly) 2. Assume that interest rates increase, show on the graph in part one (do not draw a new graph) the change this creates. (1 points) 3. After the change in part 2, assuming no fiscal or monetary policy is implemented, how will economy correct over time? Explain (1 point) and show the change on the Phillips Curve graph you drew in part 1. (1 point)
The Odyssey: Which character is a well-behaved suitor and co…
The Odyssey: Which character is a well-behaved suitor and considered by some to be Penelope’s favorite?
In the UCTV video, what restaurant is mentioned as being nam…
In the UCTV video, what restaurant is mentioned as being named as a derivative of Amy Tan’s book, The Joy Luck Club?
Under the Indian Removal Act, most Indians were sent to
Under the Indian Removal Act, most Indians were sent to
The Coercive Acts (or Intolerable Acts) were a British respo…
The Coercive Acts (or Intolerable Acts) were a British response to which event