Why will it difficult for the fed to use monetary policy to direct the economy back to full employment and price stability from the recession of 2008-2009?

a. the fed does not have the tools needed to alter the supply of money.

b. the time lags between changes in monetary policy and when the changes exert an impact on output and prices are long and variable.

c. monetary policy is unable to alter short-term interest rates.

d. it takes the fed a long time to change the direction of monetary policy?

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?

When immigration adds to the size of the domestic labor pool, which of the following is likely to occur? a. wages decrease. b. productivity increases. c. consumption decreases. d. minimum wage increases.