Write two to three paragraphs explaining how J. P. Morgan helped the U.S. economy. Your response should identify the role of the Fed in the economy. Be sure to identify the strengths and weaknesses of fiscal and monetary policy.

Q: A restaurant in the US imports $5,000 of Belgian beer into the U.S. and sells the beer together with...

A: GDP is the value of final goods and services produced in the economy within a given period of time.

Q: Think of one environmental problem that you would like to see solved. From what you’ve learned about...

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any ...

Q: In the Heckscher-Ohlin model the factor that a country is abundant in will gain from trade, i.e. its...

A: The Heckscher-Ohlin model suggests that countries export what they are best at producing in economic...

Q: Assume that the economy is in a full employment equilibrium. There is an increase in consumer sentim...

A:   Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and scarcit...

Q: 7. Saving to withdraw represents this function of money: A: commodity money B: medium of exchange C:...

A: Saving to withdraw represents which function of money Correct option (C) Store of Value: Because, A ...

Q: Define and explain the importance of the following concepts. Sterilized vs. Unsterilized Foreign ...

A: The exchange rate is determined by the market forces of demand and supply. Government, however can c...

Q: plant has sufficient capacity to manufacture any combination of four different products (A, B, C, D)...

A: Introduction Marginal cost of machine 1  = variable cost + material cost = 2 + 4 = $6 Total MC of ma...

Q: As the price of high-definition televisions has fallen over the last two years, more high- definitio...

A: Here, it is given that there is a decrease in the price of high-definition television and at the sam...

Q: For each of the following insurance plan designs, use a supply and demand graph to show how it would...

A: Insurance Insurance is a contract in which a person or organization gets financial protection or com...

Q: If the depreciation rate increases from 5% to 10%, it will ___ in the long run. decrease the level ...

A: A decrease the level of output Due to the decrease in the depreciation rate it would likely be an im...

Q: Find and describe an inflation contemporary issue of supply and demand into three paragraphs with em...

A: Demand and supply In an economy there is always a demand for goods and services and the supply of go...

Q: If a bank has $32 million in deposits and the required reserve ratio is 4 percent, the bank's requir...

A: Required reserve ratio is the minimum requirement of percentage of deposits that banks have to hold ...

Q: Data Table IP TC TFC TVC ATC AFC AVC MC TR PROFIT 181.75 12 120 22 10 12 181.75 13 269.5 181.75 14 2...

A: Answer: The following formulas will be used: TC=ATC×QTVC=AVC×QMC=Change in total costChange in quant...

Q: Given a money base of 500 million, RRR of 5% and change in reserves for the banking system of 10 tho...

A: Since you have asked multiple questions, we will solve the first question for you. If you want any s...

Q: Consider the market for electrical cars. The price of gasoline increases and the cost of producing e...

A: The term "equilibrium" describes the state of the economy when demand and supply forces collid. It i...

Q: The price of a certain item decreased from $10 to $5. In response to this decrease in price, the sup...

A: Price elasticity of supply shows how responsive is quantity supplied to changes in price level.

Q: 4. A profit-maximizing firm has cost function C(Q) = 500 + 10Q + 200?. 4a.What is the firm's margina...

A: In a profit maximizing perfectly competitive market the firm's supply curve is given by: P = MC so w...

Q: Name at least five products of the Philippine that is commonly exported for international use and ho...

A: Philippines exports a variety of goods These include Computers Electrical Equipment Fruits, nuts and...

Q: Which of the following is an example of diffuse reciprocity? Group of answer choices (pick one) a....

A: Diffuse reciprocity Diffuse reciprocity is a mindset, a readiness to contribute without expecting a ...

Q: If THV Plastics purchases a new building now for Php 1.3 million for its warehouse, what must the bu...

A:

Q: An increase in the standard of living of citizens of a country can be best measured by the growth ra...

A: Per capita nominal GDP:-                            Nominal GDP per capita=Nominal GDPPopulation Nom...

Q: Use the midpoint method for calculating all elasticity measures below   Suppose that the price of ...

A: Answer: Given, Short-run data: Percenatge change in price=10%Percenatge change in quantity supplied=...

Q: rue or false questions. Need asap. I put the answers I got for each one.  5. A core inflation index...

A: Answer -

Q: The Hotel California faces a risk that it will suffer a fire causing a $200 million loss with a prob...

A: (a) The Hotel California faces a risk that it will suffer a fire causing a $200 million loss with a ...

Q: What is the value of the deadweight loss created by a perfectly competit O a. Equal to the industry'...

A: Deadweight loss refers to the loss to society due to inefficient quantity produced.

Q: Which primary care physician compensation scheme from the list below will lead to the highest level ...

A: When talking about health insurance, it can be said that their are different types of plan for diffe...

Q: PROBLEM SITUATION: An employee decided to invest in a trust fund which gives an interest rate of 2% ...

A: Interest Rate refers to the percentage of a lump sum of money that needs to be paid as cost of borro...

Q: A recapping plant is planning to acquire a new diesel engine set to replace its present unit which t...

A: The cost concept in engineering economics states the number of resources given up in exchange for go...

Q: If computers are like most goods and the price of computers chips rise, then holding all else consta...

A: Assuming: computers are like most (normal goods). Computer chips are used as input in the making of ...

Q: Suppose Adam has utility function UA (X1, x2) = xy and Bob has utility function UB (X1, X2) = xx2 To...

A: Given  Adam utility function:  UA(x1,x2)=xy Bob utility function: UB(x1,x2)=x12x2 Initial endowments...

Q: 4. From the table below, compute the following: a. Compute the missing numbers of real GDP in 2017 a...

A: GDP Deflator is the ratio of nominal GDP to real GDP which is a measure of inflation.  Nominal GDP i...

Q: Define externality. Also explain negative and positive externality.

A: Externalities occur when the production or consumption of a good has an impact on third parties who ...

Q: Suppose that in 2003, 985 workers were employed in the public sector, 709 of which were unionized. A...

A: The correct answer is given in the second step.

Q: PRICE MARGIN AL ТОТА AVER AGE WORKE AVER AGE MAR GINA OUTPU AVERA ТОТА MARG INAL Т (Total | (P) prod...

A: A production function uses the factors of production (like labour, capital, technology, raw material...

Q: Describe the concept of demographic transition

A: Demographic Transition takes into account two characteristics of demographics i.e. Birth rates and d...

Q: In a single year, Germany can raise 100 tons of wheat or produce 1,000 boxes of daisies. In the same...

A: Introduction Germany can raise 100 tons of wheat to produce 1,000 boxes of daises. So Germany can pr...

Q: Adjust the following graph to portray the Keynesian transmission mechanism under an Increase in the ...

A: Answer: According to the Keynesian transmission mechanism, due to an increase in the money supply, t...

Q: I Nam's Marshallian demand function for good X and Y is given by: X* = Suppose that P-3, a = 0.7, B ...

A: "The own-price elasticity of demand of good X measures how quantity demanded for good X change when ...

Q: A monopoly produces outcome and than the efficient deadweight loss. a. More, creates b. Less, create...

A: Monopoly is a single seller that sells unique good in the market. It charges price greater than marg...

Q: If you sell in March a bond future contract for 125 that matures on June 30 of the same year, and at...

A: Rate at which bond future contract is sold in March = $125 Maturity date = June 30 And price at the ...

Q: The quintile distribution of per capita income for 2012 and 2014 are as follows: Quintile Shares 2 3...

A: 2) b) The quintiles show the distribution of per capita income based on 20% brackets i.e. the first ...

Q: bugh the short-run effects of this move according to the Keynesian transmission mechanism. e followi...

A: A monetary policy that brings down interest rate and invigorates getting is known as an expansionary...

Q: A study will be conducted to 10,000 junior high school students of the Bettbien High  School. Four h...

A: Total population = 10000 Total sample size , n = 400 Proportion = Respective population / Total Samp...

Q: Suppose all firms in a given industry have the same supply curve given by S,(p)p/4. Plot and label t...

A: The supply curve of each firm is given to be: Si(p) =p/4 There are 4 firms in the industry, so the i...

Q: For what purposes and how to appy the SPS Agreement?

A: SPS Agreement The "SPS Agreement" (Sanitary and Phytosanitary Measures) establish in January 1, 1995...

Q: For the final year in this graph, 2028,  you would pronounce the cash flow from operating activities...

A: The cash flow is measured in thousands.  The cash flow in 2028 in the graph is $24,610 It means it i...

Q: (a) A mining firm makes annual deposits of $500,000 into a reclamation fund for 30 years. If the fir...

A: Given  Annual deposits A= $500,000 Future amount F=20 million or $20,000,000 n =30 we have to find r...

Q: (Figure: Market for Pants) Suppose that the world price of a pair of pants is $40. According to the ...

A: Here, the given graph shows domestic sand and supply of pants with the equilibrium price of $50 and ...

Q: What actions does economic theory suggest to help alleviate the tragedy of the commons? What are som...

A: The tragedy of the commons is an economic situation in which everyone has an incentive to consume a ...

Q: If mpc = 0.8 and the additional income is P12,000, how much is the additional consumption? How much ...

A: MPC, marginal propensity to consume is the proportion of change in consumption spending due to chang...