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After you graduate from college and start your professional career, you will need to consider investing for your retirement. A 401(k) plan is a retirement plan offered by many companies. Such plans are tax-deferred savings vehicles, meaning that any deposits you make...
In a 400-700-word APA-formatted analysis, discuss monetary policy and its effect on macroeconomic factors such as GDP, unemployment, inflation, and interest rates. a. Explain how money is created b. What are the tools used by the Federal Reserve to control the...
Define the concept of elasticity. Explain how a higher price and a lower price affect consumers and producers. Share how the changes of price for an elastic good and an inelastic good you use regularly has affected your purchasing and lifestyle. ...
Millennials are renting offices sharing costs to reduce their overhead expenditures and overall efficiency. What are the disadvantages and advantages of economies of scales? Give examples of your local establishments that use shared locations to decrease costs,...
Every decision has an Opportunity Cost due to the nature of scarcity, there is always a better alternative not chosen, therefore, there is always an opportunity cost. “The opportunity cost of an alternative is what you give up to pursue it” (Froeb, McCann,Shor...
The USA has had a significant current account deficit for several decades now. Explain why this may be the case for the last two decades and explain the consequences for the USA of this current account deficit.
