Economics Question

Economics Question

In this extra credit assignment, I want you to provide the summary or definition of each of the following concepts you have learned so far in this class. Do not copy from the book and provide examples or numerical answers when appropriate.

Expansionary Monetary Policy

what constitute expansionary monetary policy and under what economic scenario should it be implemented?

Contractionary Fiscal Policy

what constitute contractionary fiscal policy and under what economic scenario should it be implemented?

Opportunity Cost

define opportunity cost correctly and provide at least 2 examples

National Debt

define national debt and provide the amount of national debt as of the end of 2020

the Federal Open Market Committee

provide a minimum of 3 characteristics of FOMC within the Federal Reserve Banking System

In this extra credit assignment, I want you to provide the summary or definition of each of the following concepts you have learned so far in this class. Do not copy from the book and provide examples or numerical answers when appropriate.

Expansionary Monetary Policy

what constitute expansionary monetary policy and under what economic scenario should it be implemented?

Contractionary Fiscal Policy

what constitute contractionary fiscal policy and under what economic scenario should it be implemented?

Opportunity Cost

define opportunity cost correctly and provide at least 2 examples

National Debt

define national debt and provide the amount of national debt as of the end of 2020

the Federal Open Market Committee

provide a minimum of 3 characteristics of FOMC within the Federal Reserve Banking System

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Economics Question

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