ALL DQS QUESTIONS 1 TO 4: ECO 561 Week 5/Five DQs

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EACH QUESTION HAS THREE to Four SOLUTIONS

 

Week Five- DQ-1

 

 

What are the characteristics and mechanisms of expansionary and contractionary monetary policy? Is monetary policy conducted independently in the U.S? Explain and elaborate.

 

Week Five- DQ-2

 

Some economist believe that the 2008 economic recession and financial crisis was caused by a "perfect storm". Explain what you believe caused the 2008 recession and financial crisis.

 

Week Five- DQ-3

 

Explain the creation of money from excess reserves and the multiple deposit expansion in the banking system. How does the multiplier affect the supply of money?

 

Week Five- DQ-4

 

The law of comparative advantage recommends that countries specialize in those products in which they have a comparative advantage, not an absolute advantage. Explain the difference and give an example.

    • 7 years ago
    A+ Solution / Correct - Reliable - WellExplained - Each Question has THREE to FOUR ANSWERS
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