Capital makes more Capital. We all put money into banks. Whether it be our savings, checking, or retirement accounts. We have money put into banks. Banks turn around and use that money to give out loans for cars, homes, heloc, student loans, etc to other people. Current bank rates for savings accounts are below 1%Continue reading “Assignment 9 – MacroEcon CMC 2020”
Author Archives: dudeworld33
Assignment 8 – MacroEcon CMC 2020
This chapter is an important link in how we understand government policies today in the midst of the Covid-19 crisis. The Federal government is running record deficits in an attempt to avert or minimize a recession/depression. Look back at this chapter and discuss how this should affect the market for loanable funds. Is that whatContinue reading “Assignment 8 – MacroEcon CMC 2020”
Assignment 7 – MacroEcon CMC 2020
This chapter focuses on the importance of productivity as a part of growth in GDP, the somewhat obvious idea that you can’t consume something that was never produced, thus consumption is tied directly to productivity. How does that concept support national subsidies in education and health? How about infrastructure? Population growth tends to be aContinue reading “Assignment 7 – MacroEcon CMC 2020”
Assignment 6 – MacroEcon CMC 2020
Go back to the section in the chapter on the problems with the CPI. How serious are they? Why does it matter if we get the CPI wrong? Here is some information on who is surveyed: Coverage The CPI represents changes in prices of all goods and services purchased for consumption by urban households. UserContinue reading “Assignment 6 – MacroEcon CMC 2020”
Assignment 5 – MacroEcon CMC 2020
Our textbook is deceptively straightforward to read, so I’d like to spend a paragraph talking about how to actively read a textbook. A method I have used successfully is to first look at all of the section headings i the chapter. Take a few moments to turn each of those headings into a questions. ForContinue reading “Assignment 5 – MacroEcon CMC 2020”
Assignment 4 – MacroEcon CMC 2020
In many large cities you can now use your cell phone to call Uber or Lyft instead of hailing a taxi. Would you expect this to affect the prices of taxi medallions (that is really the supply of taxis)? Why or why not? Talk about supply and demand curves in your answer. Minimum wage isContinue reading “Assignment 4 – MacroEcon CMC 2020”
Week 2 Waiver Wire – 2020
Nyheim Hines RB James Robinson RB Benny Snell RB Robby Anderson WR Malcom Brown RB Dallas Goedert TE Emmanuel Sanders WR Parris Campbell WR Anthony Miller WR Joshua Kelly RB Joe Burrow QB Diontae johnson WR Darius Slayton WR Preston Williams WR Nyheim Hines RB – Indianapolis Colts – Marlon Mack went down with tornContinue reading “Week 2 Waiver Wire – 2020”
Assignment 3 – MacroEcon CMC 2020
It’s difficult to make it through a shopping trip without purchasing something that was grown, developed, or assembled in a country other than the US and in fact many goods are produced in multiple countries. Post your responses to the following questions on your blog. What surprised you most about the concepts in this chapter?Continue reading “Assignment 3 – MacroEcon CMC 2020”
Assignment 2 – MacroEcon CMC 2020
Pick your favorite (or least-favorite) policy-maker and find an example of a positive statement and a normative statement made by this person. Why does it matter that the statements are either positive or normative? Does identifying which category the statement falls into change the way you evaluate the statement? Look at the table of propositionsContinue reading “Assignment 2 – MacroEcon CMC 2020”
Assignment 1 – MacroEcon CMC 2020
What in this chapter made you think about an economic concept differently than your previous beliefs? What new questions do you have now about the US economy based on this chapter? Chapter 1 breaks down economics in a simple way. There is a great sentence that sums up all of economics saying “Economics isContinue reading “Assignment 1 – MacroEcon CMC 2020”
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