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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