7. The act that says that all employers must pay men and women the same wage for the same work is the a. Robinson-Patman Act. c. Fair Labor Standards Act. b. Equal Pay Act. d. Consumer Credit Protection Act. 8. The act that requires those who give credit to reveal all the terms and conditions of their credit agreements is the

7. The act that says that all employers must pay men and women the same wage for the same work is the a. Robinson-Patman Act. c. Fair Labor Standards Act. b. Equal Pay Act. d. Consumer Credit Protection Act. 8. The act that requires those who give credit to reveal all the terms and conditions of their credit agreements is the

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter1: Ten Principles Of Economics

Section: Chapter Questions

Problem 5PA

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Always use the economic terms, diagrams and concepts we are learning this week to earn full credit. Use the AS AD diagram when answering this discussion question. A person states ... "To be honest, I don't get why the government handed out stimulus checks in 2020 and 2021. The IRS issued three Economic Impact Payments during the coronavirus pandemic for people who were eligible: $1,200 in April 2020 $600 in December 2020/January 2021 $1,400 in March 2021 know that consumers decreased spending a lot because of the economic problems from the recent pandemic economic shock and the consumer confidence decreased a lot and business confidence decreased a lot. But, was the $1.9 trillion stimulus really needed?" Please explain to this person why the government did so by applying the Keynesian perspective. Include an AS AD diagram and an explanation. (Hint: you might first start a AS AD model and have the AS line and AD line create an equilibrium near full employment. Explain and show…
Scenario: The bill includes $130 billion to allow for a return to full-time, in-person teaching at K-12 schools. assistance to small busines, landlords and renters: 30 Billion Obomacare Expansion: 34.2 Billion Child Tax Credit Boost: 110 Billion Vaccine Distribution: 160 Billion school credit: 1 Billion Coronavirus Preparedness and response supplemental appropriation act: 8.3 Billion Families first coronavirus reposne act 225 billion paycheck protection program: 483 Billion Consolidated appropriations act: 920 Billion So we just had one of biggest (if not THE biggest) actions of Fiscal Policy. Now using the Agg Model, you will explain what is happening now... Now please graph what that anticipated impacts of the Biden Covid bill on the Agg Economy. Please label both axis, insert AD (AD-2), draw the initial LRAS (as LRAS-1) and SRAS (as SRAS-1) (ie before the pandemic) and the initial equilibrium/expansion/recession (Real GDP-1). Then draw a new the new graphs that you represent…
Scenario: The bill includes $130 billion to allow for a return to full-time, in-person teaching at K-12 schools. assistance to small busines, landlords and renters: 30 Billion Obomacare Expansion: 34.2 Billion Child Tax Credit Boost: 110 Billion Vaccine Distribution: 160 Billion school credit: 1 Billion Coronavirus Preparedness and response supplemental appropriation act: 8.3 Billion Families first coronavirus reposne act 225 billion paycheck protection program: 483 Billion Consolidated appropriations act: 920 Billion So we just had one of biggest (if not THE biggest) actions of Fiscal Policy. Now using the Agg Model, you will explain what is happening now... Question: Now describe the anticipated impacts of the Biden Covid Bill. Remember, the focus is only on one side of the equation: is it Agg. Demand or Agg Supply? Please be specific with provisions in the bill and anticipated impacts on the economy (affecting C, G, Net X or I).
Please no written by hand solution 1 a) Assuming that Stanbic Bank has branches A, B, C D etc. and it receives a deposit of 50,000 Shs from a particular person. It then removes a cash ratio of 15%. Explain how Stanbic Bank will create credit among her different branches. b) As a student of macroeconomics, what do you think, the government will do to achieve the forecasted drops in inflation rates. c) Discuss the major effects of taxes on the performance of our economy d) Advise the government on some of the major guiding principles they should follow when introducing a tax system e) Discuss the factors that limit the process of credit creation in any country Kindly please do not use GOOGLE ( No Copy and Past)
1. Financial institutions in the U.S. economy Suppose Edison would like to use $1,000 of his savings to make a financial investment. One way of making a financial investment is to purchase stock or bonds from a private company. Suppose NanoSpeck, a biotechnology firm, is selling bonds to raise money for a new lab—a practice known as _______ (debt/equity) finance. Buying a bond issued by NanoSpeck would give Edison _______ (a claim to partial ownership in/ an IOU, or promise to pay, from) the firm. In the event that NanoSpeck runs into financial difficulty, ______ (Edison and the other bondholders/ the stockholders) will be paid first. Suppose instead Edison decides to buy 100 shares of NanoSpeck stock. Which of the following statements are correct? Check all that apply. a)The price of his shares will rise if NanoSpeck issues additional shares of stock. b)The Dow Jones Industrial Average is an example of a stock exchange where he can purchase NanoSpeck…
Q.1 Microfinance gives small loans at a low rate of interest specifically to lower middle income groups . Such people generally find it difficult to get the loans from the commercial banks . Grameen Bank of Bangladesh has set an example in this perspective . A study by the World Bank found that small loans increase consumer expenditure , the value of household assets , the size of the labour force and spending on children's education . ( a ) Define the rate of interest r . ( b ) Explain 02 x main reasons that why the lower middle income groups find it difficult to get loans from Commercial Banks . ( c ) Examine how the provision of small loans can help to break the vicious circle of poverty and unequal distribution of income in a country like Pakistan . Highlight the impact of household loans up to Rs 10 M on the Pakistan's economy announced by the govt .
80. If the equilibrium rate of interest would be 10 percent, but the usury law sets 8 percent, a. some applicants for loans would likely be turned down. b. economic efficiency would be promoted. c. the quantity of funds supplied would be greater than the quantity demanded. d. lenders would be able to fund fully all requests for loans.
Question 8 (a) Identify two macro-economic aims of the government. (b) Explain two reasons why someone may be of working age but not in the labor force? (c) What can cause an increase in a country’s labor force? (d) Explain how different types of unemployment may be caused and consider which might be the most serious. (e) Can a rise in unemployment cause a fall in inflation? (f) What are some policies government may take to reduce unemployment
1. This theory is concerned on how to increase production efficiency to lower costs, raise profits, increase workers’ pay through increased productivity. 2. This is looking ahead by arranging a scheme for doing a project. 3. It pertains to the evaluation of the goods or services and assessing the packaging materials and salability of products. 4. These are the probable problems that an entrepreneur faces. 5. This approach is recommended by the Quantitative Management Theory to manage problems. 6. A management theory that the quality and quantity of work are affected by conditions workers are exposed to on and off the job. 7. It is about the process of acquiring and using human, fiscal, and material resources effectively to produce goods and services needed by people. 8. It refers to the obstacles that may prevent the business from attaining its financial target. 9. Keenly observe their environment for ideas that can be turned into profit. 10. This is defined by the continuous…
_______1 Deindustrialization is a process whereby... A. State laws override Federal laws B. Federal laws override state laws C. The economy moves from manufacturing to high tech and service. D. The Federal Reserve lowers the discount rate.
Choose the Correct Answer. 1. This is a tax levied on gifts and is imposed on the gratuitous transfer of property between two or more persons who are living at the time of the transfer. A. Estate tax B. Capital gains tax C. Donor Tax D. Income Tax 2. It shows the peak of a business cycle. A. Recession B. Recovery C. Prosperity D. Depression 3. It shows that both production and employment fall. A. Recession B. Recovery C. Prosperity D. Depression 4. It pertains to the situation whereby both production and employment are at their lowest levels. A. Recession C. Prosperity Recovery D. Depression 5. It is a point in business cycle whereby both production and employment are rising towards full employment. A. Recession B. Recovery C. Prosperity D. Depression