all iclicker questions ECON 102

Scenario FROQ In 2019 the federal government decreased interest rates for banks three times. Shortly after, POTUS tweeted the following Would be so00 great if the FED would further lower interest rates and quantitative ease. The Dollar is very strong against other currencies and there is almost no inflation. This is the time to do it. Exports would zoom! December 17, 2019 A. Define the type of economic policy inferred by scenario and describe how it impacts the economy. B. Describe why POTUS has no power to control the implied power inferred to by the scenario above. C. Describe how a change in political party leadership could effect the outlined scenario above.

Find an article that explains “Stagflation of the 1970’s in The United States”. Summarize the article including the cause of stagflation and how stagflation was stopped. Express and support your opinion if The United States is in now or entering a period of stagflation. What should the government do to, if anything improve the current economic situation?

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BUYN Zoom Enter Our Zoom Class Guide to Using Zoom Link to Join Zoom Recordings of My Lectures Recordings of Lectures Summer 2022 Recordings of Lectures Spring 2022 All My PowerPoint Slides in One Folder PowerPoint Lecture Slides Assume the following macroeconomic conditions in the United States and that US policy makers desire to achieve their three macro-policy goals defined in the usual way. A. Output has fallen below potential output, creating a large negative output gap. B. The employment rate has fallen, creating an unemployment rate of 8%. C. The inflation rate has risen to 10% per year. Which statement is CORRECT? Output is too high; the unemployment rate is too high; and inflation rate is too high. Output is too low; the employment rate is too high; and the inflation rate is too high. Output is too high; the employment rate is too low, and the inflation rate is too low. Output is too low, the unemployment rate is too high; and the inflation rate is too high. Output is too low,…

f to the Class Zoom om My Lectures Lectures Lectures rPoint Slides in Lecture Slides kam sam 2022 Question 8 Assume the following macroeconomic conditions in the United States and that US policy makers desire to achieve their three macro-policy goals defined in the usual way. A. Output has fallen below potential output, creating a large negative output gap. B. The employment rate has fallen, creating an unemployment rate of 10%. C. The inflation rate has fallen to 1% per year. Which statement is CORRECT? Output is too high; the employment rate is too low; and the inflation rate is too low. Output is too high; the employment rate is too high; and the inflation rate is too high. Output is too high; the unemployment rate is too low; and inflation rate is too high. O Output is too low; the unemployment rate is too high; and the inflation rate is too high. Output is too low; the unemployment rate is too high; and the inflation rate is too low. Moving to the next question prevents changes to…

Student question Please Provide the answer for Question 3 and 4 G Font PO PIEL EO P2 3 R/GDPP/GDP R/GDP C Learning Activity 8 Consider the following AD-AS model for an economy and answer the following questions. F LRAS R/GDP AD2 ADI Paragraph SRAS ADO 4. What are factors that can shift LRAS to the right? Answer: Time Left: 00:09:34 1. Indicate the point where the above economy is in equilibrium in the short run and long run? Answer: 2. Explain the inflationary gap in the above graph and how the economy can recover itself from this output gap? Answer: 3. Explain recessionary gap in the above graph and what kind of fiscal policy can be used by a government to recover the economy from this output gap. Answer:

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The circular-flow diagram is a: O Visual model of how the economy is organized. O "Visual model of the relationships among money, prices, and businesses. Model that shows the effects of government on the economy. Mathematical model of how the economy works. A Moving to another question will save this response search DELL

ill in the Blank Question Consider the following price (per unit) and output data for a hypothetical economy during a recent year: Basketballs Cell Phones Corporate Jets Price The GDP for this economy is $ $35 $450 $10 million 200 Output Read About the Concept 70°F Mostly cloudy 0 of 49 Concepts completed i 30 million Need help? Review these concept resources. 20 million. Rate your confidence to submit your answer. -- ▬▬ High million. Q Search Medium Low © 2023 McGraw Hill. All Rights Reserved. Privacy Center Terms of Use W O

Which of these economic problems is not associated with the study of macroeconomics? a. How to increase employment rate? b. How to influence aggregate demand through taxation? c. How to predict the demand for medicines? d. How to get out from economic recession?

write on the subject is the current state of the U.S. macroeconomy. \ characterize how the U.S. economy is doing and to provide data to support your position. The goals for the macroeconomy include full employment, price stability and economic growth. You have learned some of the ways we measure those this term and should use the sources that we used for our discussion posts to obtain the most current data related to our achievement of those goals. This week the BEA will update the GDP figure on Thursday, June 27, and the PCE figure on Friday, June 28th

A key insight in modern macroeconomics is to understand that: a. all the above are correct b. Government has a duty to stabilize an unstable economy c. prices are sticky in the short run d. there are many equilibrium possible in the economy

How do you think your life is affected by macro economic forces? Provide examples as well. Just a summary please:) 1 and a half paragraph

"During a recession more people qualify for unem ployment insurance . This will increase the government spending category of GDP and help reduce the sever ity of the recession " Do you agree with this statement ? Why or why not

Early during the COVID-19 pandemic, the government used multiple stimulus packages to increase government spending. 3. Using the Z-Y, NX-Y, IS-LM, UIP combined graph on the next page, what should be happening as a result? Show the shifts on the graph itself. NN Z Z NN Y=Z Z c0- if f UI i pvt L M c1T+I+G+NX i10 y 45° if f if NK N Y Y f 0 Y X Y 0 Y 0 Y 20 NX N X E 0 E Y NX Fiscal stimulus

What is the money demand and supply and state what are factors that affect economic downturn

Suppose the evening news anchor announces that "The Bank of Canada Raises the Target Overnight Rate for the First Time This Year." What is the Bank of Canada trying to do? a. Offset a possible rise in the inflation rate b. Increase exports C. Decrease unemployment O d. Stimulate the economy

What type of economy does the United States have? Please fast answer whith explanation.