The change in money supply affects the economic agents. Suppose the
Federal Reserve increases the money supply to boost aggregate demand
during recessionary pressure. How does the increase in money supply
affect consumer spending and investment? How does it affect the firm or
organization you work for? How do the Federal Reserve policies affect us
as individuals (households)?
High rate of inflation is considered bad for the economy since it has
various costs. What are the costs of inflation? Which of these costs do
you think are most important for the U.S. economy? What are your shoe
leather costs of going to the bank? How might you measure these costs in
dollars? How do you think the shoe leather costs of your college
president differ from your own?
Which of the listed variables does a researcher mainly use in his or her approach with intent to establish validity - specifically, construct validity? · independent variable · confounding variable · dependent variable · participant variable · extraneous variable · third variable Instructions: With our engagement in this discussion we will likely touch upon learning objectives/competencies 2.2 and 2.4 as dependent upon the various variable selections and replies. (a) Please briefly define the two concepts (variable type(s) selected from the list and construct validity) using our text by Cozby and Bates (2015) or another credible source. (b) Then, support your view...
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