A Concise Intro To Logic
A Concise Intro To Logic
12th Edition
ISBN: 9781305147775
Author: Hurley
Publisher: Cengage
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The economy of a hypothetical country has been stable for two or three years with very low unemployment. Wages have been gradually increasing during this time. Now an aggressive policy of increasing tariffs on foreign goods imported into the country results retaliatory actions from the other countries against the country’s products and services. This causes great loss of business in the country and results in significant portion of workers losing their jobs. Given this scenario, insert your answers below each of the following questions. What kind of economic gap will start to occur (inflationary or recessionary)? Will the demand shift to the right or left? What kind of monetary policy might be helpful to stabilize the economy (expansionary or contractionary)?What specific monetary policy tools does the Federal Reserve have available to use in this scenario? What part of the Federal Reserve’s congressional mandate does this scenario trigger (price stability and maximum sustainable…
What will you do if there is an unfavorable industrywide trend?
During the Great Recession (2007 - 2009), there was a higher percentage in higher education, where consumers globally invested their time and money. Both countries and individuals may believe higher education, such as attending a university or trade school, can help increase their incomes. “According to the United Nations Educational, Scientific, and Cultural Organization (UNESCO), enrollment in colleges and universities rose one-third in China and almost two-thirds in Saudi Arabia, nearly doubled in Pakistan, tripled in Uganda, and surged by three million—18 percent—in the United States”. (Greenlaw, 2018, p. 148).  Research a country and provide the following information: Explain the citizens’ impact of education on earnings and unemployment rates. Provide percentage rates for each of the following education completion levels: did not complete high school high school graduates college graduates (associate degree or bachelor’s degree)  graduate degree (master's degree or…
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