Suppose that, in country of Wonderland, the inflation is at a relatively high level and its unemployment rate is at a historic low. At the same time, a low interest rate environment is spurring businesses to hire more workers and invest in new facilities.
1) Why might the central bank of Wonderland be worried about these developments?
2) Given the circumstances, what would countercyclical monetary policy seek to accomplish? Explain at least two mechanisms that the central bank can use to implement this policy.
3) Based on your answers to part 1) and 2), do you think this countercyclical policy would be enacted if central bankers were appointed by popular vote? What would happen if they were political appointees that could be hired and fired by the President of Wonderland? Explain.
In: Economics
Find a real life example of a situation in, which a country held an election to decide on some public good provision issue. It could be an on-off decision or it could be about the level/amount of public good. Explain what the issue was. What was the result of the election? Your example should also offer details about characteristics of the society that may have influenced the election decision (education, culture, income, norms etc.) In other meaning, explain the factors behind the outcome.
In: Economics
In: Operations Management
In 1 to 2 pages, explain the idea that the unexamined life is not worth living and discuss your own idea about what makes life meaningful
In: Psychology
explain how the Global Culture Report mirrors or equates what we know about an inclusive environment. Make your points giving examples
In: Operations Management
Your marketing research department provides the following estimated demand function for your product: Qd = 500.6 - 11.4P + 0.5INCOME where P is the price of your product and INCOME is average income.
a. Is your product a normal good or an inferior good? Explain your answer.
b. The standard error for the price coefficient is 2.0. What is its t-statistic? What can you conclude about the coefficient's statistical significance?
c. The standard error for the income coefficient is 0.3. What is its t-statistic? What can you conclude about the coefficient's statistical significance?
In: Economics
The bells for a trauma alert just went off. You are the therapist covering the ER. When you enter the trauma room the patient is unresponsive; you also realize he is a head and chest trauma. In order from head to toe, explain in detail what you will be assessing and what action are you most likely going to do? What equipment are you getting ready for the doctor?
In: Nursing
Compare and contrast the processes of mitosis and meiosis. Describe the overall processes (not each detail) and explain why each is important. Be sure to include what type of cell (diploid of haploid) each process starts with, in what location of the body it takes place, and the end result (what is produced)? Please note in a diagram or in words whether or not the beginning cell and the final cells contain sister chromatids and/or homologous chromosomes.
In: Biology
In 2013, 30% of business owners gave a holiday gift to their employees. A 2014 survey of 53 business owners indicated that 19% plan to provide a holiday gift to their employees. Is there reason to believe the proportion of business owners providing gifts has decreased at a=0.05?
1)- What is/are the critical values?
2)- What is the test statistics?
3)- What is the conclusion?
Please explain in detail and step by step
In: Statistics and Probability
Consider the following statement: "In preparing for the Cherokee removal, state and federal officials were motivated solely by desire to seize the natives' land." In your post, consider the following:
Does this statement present the full picture? Revise
this statement to present a more complex explanation of the
motivations that drove state and federal officials (and the white
citizens of Georgia) during the years
immediately preceding the Cherokee removal. Explain the choices you
made in your revision.
Next, consider how you can take a similar approach to
your own topic in order to more fully understand the historical
complexity. What other viewpoints would you want to further explore
in order to more fully understand your topic?
In: Economics