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Are credit cards or debit cards money? Explain your answer.

Are credit cards or debit cards money? Explain your answer. “When the Fed makes an open market purchase of government securities, the quantity of money will eventually decrease by a fraction of the initial change in the monetary base.” Is the previous statement correct or incorrect? Explain your answer. Monetary policy is action taken by […]

Discuss how changes in the WTC that came into effect the 1st April 2016, i.e. (1) a cut in the income threshold from £6,420 to £3,850 a year and (2) an increase in the withdrawal rate from 41% to 48%, would affect the number of hours Pete would choose to work 2 under the new contract compared with his labour supply before the policy change (i.e. fiscal year 2016/17 vs. 2015/16).

Description Its February 2016 and Pete is a single 27 years’ old living and working in England. Pete works a given number of hours per week earning £5.3 per hour. In addition to his labour income, Pete receives Working Tax Credits (WTC). Both payments are made on a weekly basis. Pete and his employer have […]

Do consumers indirectly and/or directly affect our macroeconomy? Discuss how microeconomics and macroeconomics affect the flow of money within the Circular Flow Model.

Watch the following video before completing this discussion activity. Circular Flow Matrix – How the Economy Works – Econ 1.7 (YouTube – 4:56) (https://www.youtube.com/watch?v=mN5HPJYJzus&feature=youtu.be%20) Circular Flow Matrix- How thCircular Flow Matrix- How th……  Select & Explore Based on this module week’s summit session, what would you say is the role of firms in our […]

ased on the price elastic of demand (OWN price elasticity) what we can say about your category?

https://data.ers.usda.gov/reports.aspx?ID=17825 Click on the above link, Then choose Australia and find – Price elasticity of demand ( Own Price) and -Income elasticity for your category for Australia! then answer the following questions: 1) What is the name of your category ? 2) Based on the price elastic of demand (OWN price elasticity) what we can […]

Evaluate the decision to shift advertising money from ESPN.com to Google AdWords.

Prompt: A firm recently spent $100 on Google AdWords and generated 100 extra visits to the firm’s website, 5 of which resulted in a purchase. To pay for the change, they dropped the banner advertising on ESPN.com saving $1000, which also reduced the number of visits to their website by 500 and 20 fewer sales. […]

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