The United States economy is currently operating above the full employment level of GDP.

1. Draw a correctly labeled AD/AS graph for this economy showing equilibrium output and price level.
2. Identify an open market operation that the Federal Reserve could enact that will solve the problem.
3. Show and Explain how the policy you identified in (B) will affect each of the following in the short-run.
   1. output and employment
   2. price level
   3. nominal interest rates
4. If the interest rates you identified in (C) continued, explain what will happen to the following:
   1. U.S. financial assets
   2. International value of the dollar

A Big Mac costs $5.25 in the United States, 32.55 pesos in Country X, and 53.55 rupees in Country Y.

a. The implied exchange rate for Country X is  pesos per dollar.

b. The implied exchange rate for Country Y is  rupees per dollar.

Suppose the official exchange rates are 9.4 pesos per dollar and 8.6 rupees per dollar. Based on this information:

c. the prices of goods in Country X are  %   (type the word higher or lower) than the U.S.

d. the prices of goods in Country y are  %   (type the word higher or lower) than the U.S.

e. Suppose real per capita income in the U.S. is $52,000, in Country X it is 200,000 pesos, and in Country Y it is 300,000 rupees.  

Round these to the nearest whole number.

PPP adjusted real per capita income in country X is $  .

PPP adjusted real per capita income in country Y is $  .

Graph the nominal exchange rate of Italy in relation to the United States dollar.

Graph time on the horizontal axis and nominal exchange rates on the vertical access. You will want to compare this to Real Exchange rates, so see if you can plot them on the same graph - sometimes the scale is okay, sometimes not so much. Write a few sentences explaining what the graphs are telling you. A ten-year time frame is preferred.

Each year lists of the fastest-growing and fastest-dying industries in the United States are published by various sources.

Do some research to find three industries from each of these two lists for the current year and briefly explain why you think these industries are either growing or dying.

For each industry, explain what is likely happening in capital markets and what the likely effect will be on the industry long-run average cost curve.

Updated answer needed please.

1.Are men smarter than women at Private Universities in the United States? A study was conducted, randomly selecting 400 men, and 400 women from different Private Universities across the US, and asking for their GPAs. What is the population of this study?

All students enrolled at Private Universities in the world

All students enrolled at Universities in the US

Female students enrolled at Private Universities in the US

All students enrolled at Private Universities in the US

unanswered

2.Match each of the example experiments to the type of experimental design

A study was conducted to determine if rats gain weight after experiencing different levels of exercise. Researchers used 25 rats, for four different levels of exercise, plus a control group. Rats were randomly assigned to each group until there were five rats per group.

Some people try to counteract the presence of alcohol with caffeine in regards to reaction time. To test this, reaction times were measured when subjects were exposed to one of the two levels of alcohol (no alcohol, or yes alcohol), and one of the three different levels of caffeine ( 25 mg, 50 mg, 75 mg).  

It is thought that different levels of mercury exposure can decrease activeness in mice. Since some mice might not be as active due to their genetics, the litter from which the mice came from was used in the study as well. Each mouse was exposed to a level of mercury independently and at random.     

Select an option A. Factorial Design B. Completely Randomized Design c.Completely Randomized Block Design   

3.Which type of bait catches the largest fish? A study was conducted using 3 different baits (worms, corn, and plastic lures), and the average weight of the fish caught was measured. How many treatments are there?

4.Whcih of the following are true about sample statistics? (Choose all that apply)

Are always known

Are never known

Are usually represented by Greek letters

Are calculated from an entire population

Are calculated from a portion of the population

we know that United States is at least using both monetary policy (by lowering the interest rate to be 0%) and fiscal policy (by having 2 trillion USD ready for spending on infrastructures). You have done the analysis for the fiscal policy. As for the monetary policy, it is similar in forcing an economic expansion but through the money market.

Given the current condition with the corona virus pandemic still ongoing, and the lockdown has not been lifted,

1. How successful do you think the monetary policy (only) would be? and why?
2. How successful do you think the fiscal policy (only) would be? and why?
3. How successful is the combination of both monetary policy and fiscal policy? and why?
4. Should the government consider quantitative easing? and why?

In 2018, Congress overhauled the United States Tax code with The Tax Cut and Job ACT (TCJA). The TCJA lowered the tax bracket for everyone for 10 years. Significant changes to the tax code for individuals were lowered tax brackets and higher standard deductions. Hence, fewer individuals will have to itemize their returns.   However the Corporation and business tax cuts are permanent. Will the Corporate tax cuts increase wages and have positive impact on the economy? Also, will the individual tax cut become permanent in the future? Will the government take in more revenue due to a stronger economy even though it will be less per person?   

he mean cost of domestic airfares in the United States rose to an all-time high of $375 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $120. Use Table 1 in Appendix B.

a. What is the probability that a domestic airfare is $555 or more (to 4 decimals)?

b. What is the probability that a domestic airfare is $260 or less (to 4 decimals)?

c. What if the probability that a domestic airfare is between $310 and $500 (to 4 decimals)?

d. What is the cost for the 3% highest domestic airfares? (rounded to nearest dollar)
$  or - Select your answer -morelessItem 5

Consider the following regression equation for the United States (standard errors in parentheses):

            where: P_t      = per capita pounds of pork consumed in time period t

                        PRP_t = the price of pork in time period t

                       PRB_t = the price of beef in time period t

                       YD_t   = per capita disposable income in time period t

(a) Hypothesize signs and specify the appropriate null and alternative hypotheses for the coefficients of each of these variables.

(b) State your decision rules and then test your hypotheses on the above results using the t-test at a 5% level of significance.

(c) If you could add one variable to the regression, what variable would you add? Why?