Congress created the Federal Reserve System‚ which is the central bank‚ on December 23rd‚ 1913; it revolves around 12 Reserve Banks and 7 Board of Governors. The 12 banks the Fed is separated into are not equally divided—they are based on the importance of their financial activities. The role of the Fed in the U.S. economy revolves around monetary policy by purchasing and selling government securities‚ increasing or decreasing the required reserve ratio‚ and using the discount rate. It also focuses
Premium Monetary policy Federal Reserve System Central bank
ECO/ 372 Week 1 Knowledge Check 1.The two frameworks conventional economists generally use to analyze macroeconomic issues are A.the inflation and the unemployment frameworks B.the short-run and the long-run frameworks C.the business cycle and the growth cycle frameworks D.the stagnationist and the Post-Keynesian frameworks 2.The relationship between real and nominal interest rate can be expressed by A.real interest rate = nominal interest rate + inflation B.real interest rate = inflation - nominal
Free Economics Unemployment Macroeconomics
Economics 1 Economics Shane Hadaller ECO/372 October 24‚ 2010 Ms. El Hag Economics 2 Economics Economics plays a key role in the business world. There are many different terms used in the business world that not everyone understands. These terms actually apply to everyday life in households and everyday activities. There are events that happen that can affect each other‚ these events are put together into a flow diagram and can illustrate the interaction
Premium
Corrections The Bureau of Corrections (Kawanihan ng mga Bilangguan‚ literally "Bureau of Prisons"‚ which was the old name of the agency from 1905 to 1989; abbreviated BuCor) is an agency of the Department of Justice which is charged with the custody and rehabilitation of national offenders‚ who have been sentenced to three years of imprisonment or more. Vision - Protect the public and prevent crimes in partnership with stakeholders by providing persons under custody opportunities for reformation
Premium Prison
I collected all the data that was needed for the question such as the amount of cat food being sold‚ the amount of cats that were in Australia and so forth‚ however‚ I did not know how my peers on the DB were going to perceive my answer and what point that was going to come across from my answer. The part that made me so nervous was choosing which graph would be appropriate for the data that I collected. My strengths in statistics was collecting the data. I enjoyed researching various area for
Premium Education Teacher School
International Trade and Finance Speech NAME ECO/372 DATE INSTRUCTOR International Trade and Finance Speech The United States’ macro economy is a complex system made up of a vast variety of highly involved processes. The following information will provide a clear and concise explanation of terms and concepts wit focus on international trade as well as foreign exchange rates. Foreign Exchange Rates In order to understand why the foreign exchange rate is important to the economy‚ it is
Premium Economics International trade Unemployment
wednesday 9 Resource: Ch. 9 of Introduction to Business Create a 5- to 7-slide Microsoft® PowerPoint® presentation to teach your fellow students about the following IT applications: ·16 Transaction processing systems One of the first transaction processing systems was American Airline SABRE system‚ which became operational in 1960. Designed to process up to 83‚000 transactions a day‚ the system ran on two IBM 7090 computers. SABRE was migrated to IBM System/360 computers in 1972‚ and became
Premium Artificial intelligence
ECO/372 Final Examination Study Guide This study guide prepares you for the Final Examination you complete in the last week of the course. It contains practice questions‚ which are related to each week’s objectives. Highlight the correct response‚ and then refer to the answer key at the end of this Study Guide to check your answers. Use each week’s questions as a self-test at the start of a new week to reflect on the previous week’s concepts. When you come across concepts that you are unfamiliar
Premium
A. Powers of National Government under the Constitution: 1. Supremacy of National Law: The Constitution and federal law are the supreme law of the land; they pre-empt state constitutions and state law. Article 6‚ section 2 explains that when a dispute occurs between the state and national government the national government pre-empts conflicting state and local laws‚ making them unenforceable. The hierarchy of the law is as follows: - U.S. Constitution. - Federal law (under constitution)
Premium United States Constitution United States Separation of powers
As young men born in the same year (1955)‚ they set out from the same starting point‚ but with radically different personalities. In the early days of personal computers‚ both dropped out of college and launched their own businesses. Of the two‚ the late Steve Jobs was always the quick‚ live-for-the-moment hare‚ while Bill Gates was the dispassionate‚ lawyerly‚ bide-your-time tortoise. For two decades‚ the race between the two went according to script‚ with the hare jumping out to a huge early
Premium Bill Gates Microsoft Harvard University