Assume that the United States economy is currently operating at the full employment level of real gross domestic product with a balanced budget.

1. Draw a correctly labeled graph of aggregate demand, short-run aggregate supply, and long-run aggregate supply, and show each of the following in the United States.

a Current output and price level, labeled as Y1 and PL1, respectively

b. Full-employment output, labeled as Y1

40. The official poverty line in the United States is set

A) equal to one-half the average income in the United States.

B) at three times the cost of the Department of Agriculture's minimum food budget.

C) at three times the cost of the Department of Housing's minimum housing allowance.

D) at the amount necessary to allow an individual to buy the same market basket of goods that the average urban wage earner can afford.

Assume the economy is operating in short-run equilibrium at potential GDP. In writing and in a graph, explain the short-run and long-run effects of each of the events below on the equilibrium price level and RGDP. Assume the economy self-corrects.

The Federal Reserve, the central bank of the United States, increases the money supply, lowering interest rates.

Due to better than expected weather, crop yields in the United States increase.

sixty four percent of U.S. adults oppose hydraulic fracturing​ (fracking) as a means of increasing the production of natural gas and oil in the United States. You randomly select six U.S. adults. Find the probability that the number of U.S. adults who oppose fracking as a means of increasing the production of natural gas and oil in the United States is​ (a) exactly three​, ​(b) less than four​, and​ (c) at least three.

Select an Emerging capital market and research the differences in training and qualifications of local auditors, audit standards, and requirements, nature of audits conducted, and the availability of auditors compared to those in your home country (United States) Include in your analysis anything the country is doing to improve its current situation with respect to the audit functions

as long as home country is united states i don't care what country is selected

4. Todor owns a U.S. corporation that operates a subsidiary corporation in Bulgaria. Because of the world wide tax approach adopted in the United States, all income of the Bulgarian subsidiary is potentially taxed twice, once in Bulgaria and again in the United States. Name and provide a brief description of the adjustments available on the U.S. return of the parent corporation which mitigate the impact of this potential double tax on all Bulgarian income?

Janet Yellen, the Federal Reserve Chairman, is often times called the second most important person in the United States or even the world, after the president of the United States. However, she was not elected. The chairman does not have to obey any elected official, even the president. Do you believe that the independence of the Federal Reserve Chairman is beneficial to the country? Why or why not? Be sure to cite at least two reasons.

Based on annual driving of 15,000 miles and fuel efficiency of 20 mpg, a car in the United States uses, on average, 700 gallons of gasoline per year. If annual automobile fuel usage is normally distributed, and if 26.76% of cars in the United States use less than 480 gallons of gasoline per year, what is the standard deviation?

Round your answer to 2 decimal places, the tolerance is +/-0.05.

Determine your thesis as to whether United States foreign policy decisions should be based on ideals or self-interest. Write a one-page, double-spaced response to the question: United States foreign policy should be based on ideals or self-interest? Include in your answer a brief description of the cyclical nature of U. S. foreign policy, and taking into account the continuity principle as explained in your text.