PLEASE HELP ASAP FOR ECONOMICS
Scenario B

Reports of price increases for everyday goods begin to dominate the news. People are complaining that their wages and salaries are not keeping pace with the cost of living. Most people being interviewed have jobs, and the national unemployment rate is low. However, many commonly remark that they are looking for second jobs or jobs that pay more because basics like food and clothing cost them so much more than a year ago.

Would the Fed address the scenario with expansionary or contractionary policy? Explain.

What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.

What is a specific fiscal action that Congress might use in this scenario?

Answers

Answer 1

Answer:

A. Contractionary. Since they are complaining about the value of their salaries going down, this means that there is inflation, which means that there is too much money in circulation currently. So, the Fed would adopt a contractionary policy to decrease the money supply.

B. The Fed might sell bonds to reduce the money supply. As people purchase bonds, the Fed receives the money which means that the money is out of circulation. This reduces the amount of money currently in circulation, and thus increases the value of the money left.

C. The government would increase taxes and reduce government spending to mitigate the effects of inflation.

Related Questions

Assume that the United States and India enjoy constant opportunity costs in the production possibilities shown in the table.

a) Which country has an absolute advantage in pounds of peanuts?

b) Use the table to calculate the opportunity costs for each good and each country.

c) In which good with the United States specialize, and what range of terms of trade would be acceptable?

d) Draw a PPC for each country, placing pounds of peanuts on the y-axis and pecans on the x-axis.

e) Choose any acceptable terms of trade to plot and label two points on the PPC. Explain how both countries are able to consume be on their individual PPCs.

Answers

The nation that has the absolute advantage in peanuts is India.

How to solve for the absolute advantage of these countries

a. The country that has the absolute advantage in the pounds of peanuts is India. They are able to produce 10 million worth of the product.

b. This is in the attachment

c. From the calculated opportunity costs, India has been shown to have the comparative advantage in peanuts so they have to specialize here.

The US on the other hand has to specialize in pecans because they have the comparative advantage in it.

d) The PPC for each country is a diagram

e. ) The terms of trade would be a pound of peanut for a pound of pec an for the countries.

Based on this the US would produce 10 units for pecans. They would use 5 units and exchange the remaining 5 units of pecans for 5 units of peanuts from India.

India is also going to do likewise.

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7. You and your friend from high school were once very similar people, and growing up you had similar backgrounds. Now you are 25, and as you talk to each other, you both realize that you have become very different people. In behavior there are both dimensions of development and themes of development. Explain one of the dimensions of development and how it might apply to the above situation, and explain and give an example of one of the themes of development.

Answers

The dimensions of development that i will talk about in regards to the above is openness.

What is friendship about?

Friendship is known to be a kind of relationships that is said to lack any kind of formal structure and it is one where people have to interact.

The term openness in personality is known to be when people are said to be be high in regards to trait of openness and they are said to be very willing to take in new things, fresh ideas, and others and this is one that is needed in friendship.

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Why are Asteroids, Meteoroids and Comets known as Vagabonds?

Answers

Answer:

“Vagabonds” is just a catch-all phrase used to denote smaller debris in the solar system from the planets and moons.

Explanation:

See this link: https://www.quora.com/Where-are-asteroids-meteoroids-and-comets-known-as-vagabonds-located-in-our-solar-system-Is-Earth-safe-from-these-Vagabonds

What group made up the largest,
ethnic minority in Germany during
the 19th century?
A. French
B. Italians
C. Hungarians
D. British

Answers

Answer:

if im right its french.

Explanation:

hope this helps?

Pretend you are Rossano Ferretti giving advice to a friend who wants to become a hair stylist. In 2-3 sentences explain
to your friend how he overcame the traditional supply and demand in labor to be a millionaire.

Answers

According to Rossano Ferretti, his unique value proposition was to learn what each hear needed and proceed to give that to it. Here are some other tips that helped him succeed below.

What are the strategies that Rossano used to overcome the traditional supply and demand in labor to be a millionaire?

He focused on the trade.He started at the age of 14 when he enrolled into hair-dressing school.He also focused on influencers, celebrities and socialites. And while doing their session, he took notes of all the things he did that was successful.This helped him to create a brandHe opened his business in some of the major cities in the world such as: Abu Dhabi, Madrid, New Delhi, New York etc.

His secret is branding and charging high rather than being generic and charging low.

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In his painting "Lady Liberty Leading
the People", Eugene Delacroix
conveys the importance of (a)
A. the primacy of France over the dead and the
living
B. uninhibited freedom of speech
C. nationalist ideal
D. well-armed society

Answers

Answer:

B. uninhibited freedom of speech

Explanation:

Annie's team has just finished a major project and the team has, after a long time, got some free time on hand. however, in the last couple of days, annie has noticed that few of the team members are immersed in online social networking sites during office hours. what is the least effective responsive?

Answers

B might be the answer

HELP ASAP

economics question

Answers

$800 billion Is the equilibrium real gross domestic product if initial equilibrium real gross domestic product is $500 billion.

What is gross domestic product?

GDP calculates the monetary value of the final goods and services, those purchased by the consumer produced in a nation during a specific time period. It accounts for all the output produced inside a nation's boundaries.

Thus, option B is correct.

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Part A Did Sarah create the boxplot correctly? Why or why not? Be sure to address the key features of a boxplot (4 points) Part B. Which of these displays would be best to use to analyze these data? Explain your choice (6 points

Answers

Sarah did not create the boxplot correctly

The key features of a boxplot

The features of a boxplot are the five number summary, which are:

MinimumQuartiles (Lower and Upper)MedianMaximum

There should be vertical lines at the end and the start of the plot to indicate the minimum and the maximum values.

Also, these lines would show the boundaries of the outliers in the dataset

Hence, Sarah did not create the boxplot correctly

The display that best analyze the data

The boxplot, if drawn properly is the best to analyze the data.

This is so because it would be easy to determine the Minimum, Quartiles (Lower and Upper), Median and Maximum from the plot

Answers

Answer:

shift in demand curve

Explanation:

What are the responsibilities of an executor? Check all that apply.

paying any taxes that are due on the estate
taking inventory of the property and belongings
appraising and distributing the deceased person’s assets
settling any debts that are owed by the deceased
inheriting assets named in a will if the first choice cannot
acting on someone’s behalf if he or she becomes sick or injured

Answers

The responsibilities of an executor include-

paying any taxes that are due on the estatetaking inventory of the property and belongingsappraising and distributing the deceased person’s assetssettling any debts that are owed by the deceased.

What is an asset?

Any resource that a company or other economic body owns or controls is considered to be an asset. Assets indicate ownership value that may be sold for money.

An executor helps to pay due taxes, record an inventory of the deceased person's as well as their assets, and manage his debts.

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