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lorasvet [3.4K]
3 years ago
5

Bummerland finds itself in a recession caused, as assumed in class, a sticky nominal (money) wage (W) which is too high to clear

the labor market.
Bummerland has a Treasury and a "Federal Reserve" (called the Bummerb¬ank). At a meeting of officials of both agen¬cies, various antirecess¬ionary policies are considered. The economic staffs of both agencies are seriously split on issues such as how interest sensitive investment is and how interest sensitive the demand for money is. However, they are in agreement that the marginal propensity to consume (b) is .75 and the marginal propensity to hold cash (k) is .2. Bummerland has banks, but the reserve requirement is 100%, so they don't create money.
Debate has narrowed to four prospective policies. Your as¬signment is: (1) illustrate these policies using IS,LM diagrams; (2) compare as completely as possible ( if you can't, you must explain what additional information would be required ) the effects of these policies on Y*, r, I*, the real wage, and unemployment. Class format is strongly encour¬aged.
Here are the four policies: (1) a $50 billion increase in the money supply by means of open market opera¬tions; (2) a $50 billion increase in the money supply to be introduced by reducing tax collections; (3) a $50 billion increase in the money supply to be introduced through government spending; (4) a $50 billion increase in unemployment benefits paid for with a tax increase.
Business
1 answer:
puteri [66]3 years ago
8 0

Answer:

is this a book if so send me a link

Explanation:

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According to its 2013 10-K, how many more shares can Colgate repurchase in the future under it share repurchase program?
kirza4 [7]

Answer:

The correct answer is -25,937,562

Explanation:

25,937,562 additional offers can be repurchased by Colgate later on under its offer repurchase program as indicated by its 2013 10-K. Likewise, 6,760,592 offers were repurchased by the organization.  

31,905,271 offers and 30,425,271 offers were as far as possible for repurchase in the classification of Maximum Number of Shares that may yet be bought under the plans or projects however the most recent cutoff for Maximum Number of Shares that may yet be bought under the plans or projects is 25,937,562 Shares.

Thus, the correct answer is -25,937,562

7 0
3 years ago
A requisition communicates internal need, a PO is a request made to external suppliers. a. True b. False
Alex_Xolod [135]

Answer:

a. True.

Explanation:

If there is need for purchasing goods in a company then a purchase requisition is initiated by the department. This purchase requisitions is then processed to initiate purchase order after the requirement for goods is confirmed. The purchase order is sent to external supplier to confirm purchasing of goods or services. This is a commercial document which helps control the purchasing in the organization. This document clearly mentions the quantity, price and any additional features of the product which are required by the company.

5 0
3 years ago
Read 2 more answers
The _____ is a government agency established to prevent banks from failing and otherwise threatening the stability of the u.s. e
Usimov [2.4K]
Financial situation budget
3 0
3 years ago
Jackie is often surprised when she goes to other countries to learn that people do business so differently. For instance, in mee
DochEvi [55]

Answer:

Self reference criterion ( C )

Explanation:

The cultural differences seem strange to Jackie because she is relying on her self reference criterion

self reference criterion is the influence one's  culture will have on the person when the person is exposed to a situation that is suppose to portray the culture the person is used to, but the situation portrays a different culture, hence based on her cultural values and experience she believes that  small talks makes the meeting unnecessarily long

8 0
4 years ago
Noah files a suit in a state court against Olivia. The case proceeds to trial, after which the court renders a verdict. If eithe
Luba_88 [7]

Answer:

copy of the record of appeal

Explanation:

record of appeal refers to the reproduction of all the proceedings of the Court(s) from which a case has passed through and it is important, indispensable bundle of documents that an appellate Court relies on and is bound by in hearing an appeal. Record of appeal can simply put as the documents to be printed by the appellate court's clerk's office and copies of the record are provided to each judge who will decide the appeal case.

5 0
3 years ago
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