Learning Journal Activity: M1 and M2 are two measures of money supply. M1 includ

Learning Journal Activity: M1 and M2 are two measures of money supply. M1 includes only the most liquid forms of money like currency, checking account deposits, and traveler’s checks. M2 includes all of M1 along with some less liquid forms of money like savings accounts and money market deposits. This assignment requires the application of… Continue reading Learning Journal Activity:
M1 and M2 are two measures of money supply. M1 includ

Written Assignment Instructions In this assignment, you will apply your knowledg

Written Assignment Instructions In this assignment, you will apply your knowledge of how banks create money. Relevant knowledge is important because money creation affects all aspects of the economy and is fundamental for the functioning of society. Suppose that the required reserve ratio is 10 percent and you withdraw $25,000 from Comerica Bank. What is… Continue reading Written Assignment Instructions
In this assignment, you will apply your knowledg

1. Learning Journal Reflective Comments: Write short reflective comments or note

1. Learning Journal Reflective Comments: Write short reflective comments or notes about your learning activities during the week. It is highly recommended that you make these entries on a daily basis. You will be assessed on the completeness of your Learning Journal, and the quality of your self-reflection. You should date each entry, and use… Continue reading 1. Learning Journal Reflective Comments:
Write short reflective comments or note

Discussion of the WeekOne practical limitation with Keynesian economics is the c

Discussion of the WeekOne practical limitation with Keynesian economics is the challenge of implementing active economic policy quickly. One practical limitation of the Classical or Neoclassical model is that it suggests allowing the economy to self-correct in the long run, but recessions may last a very long time. For each challenge (limitation), discuss how severe… Continue reading Discussion of the WeekOne practical limitation with Keynesian economics is the c

Briefly describe the primary components of monetary policy and what tools are av

Briefly describe the primary components of monetary policy and what tools are available to manipulate portions of the macroeconomy. Briefly describe the primary components of fiscal policy. Provide three examples of fiscal policy and its influence on the macroeconomy. Explain the concept of “crowding out” and how that can negatively affect the U.S. economy in… Continue reading Briefly describe the primary components of monetary policy and what tools are av

Briefly describe the primary components of monetary policy and what tools are av

Briefly describe the primary components of monetary policy and what tools are available to manipulate portions of the macroeconomy. Briefly describe the primary components of fiscal policy. Provide three examples of fiscal policy and its influence on the macroeconomy. Explain the concept of “crowding out” and how that can negatively affect the U.S. economy in… Continue reading Briefly describe the primary components of monetary policy and what tools are av

Written Assignment InstructionsThe writing assignment requires applying your kno

Written Assignment InstructionsThe writing assignment requires applying your knowledge of how shifts in aggregate demand (AD) and aggregate supply (AS) affect the economy. Relevant knowledge is important because shifts in AD and AS affect all aspects of an economy, including output and unemployment. Using aggregate demand and aggregate supply, explain what happens in the short… Continue reading Written Assignment InstructionsThe writing assignment requires applying your kno

Written Assignment InstructionsThe writing assignment requires applying your kno

Written Assignment InstructionsThe writing assignment requires applying your knowledge of how shifts in aggregate demand (AD) and aggregate supply (AS) affect the economy. Relevant knowledge is important because shifts in AD and AS affect all aspects of an economy, including output and unemployment. Using aggregate demand and aggregate supply, explain what happens in the short… Continue reading Written Assignment InstructionsThe writing assignment requires applying your kno

Learning Journal Activity: The Phillips curve represents the relationship betwe

Learning Journal Activity: The Phillips curve represents the relationship between unemployment and inflation. This assignment requires the application of your understanding of the Phillips curve and motivates you to think about the impact on the economy of movements along the curve. If the unemployment rate in the economy is steady at 4 percent per year,… Continue reading Learning Journal Activity:
The Phillips curve represents the relationship betwe

Learning Journal Activity: The Phillips curve represents the relationship betwe

Learning Journal Activity: The Phillips curve represents the relationship between unemployment and inflation. This assignment requires the application of your understanding of the Phillips curve and motivates you to think about the impact on the economy of movements along the curve. If the unemployment rate in the economy is steady at 4 percent per year,… Continue reading Learning Journal Activity:
The Phillips curve represents the relationship betwe