A) The government usually "messes up" the economy, unless the economy is already "messed up". How does this apply to structural unemployment?

B) If you owned stocks or other investments, would you want them to grow slower or faster than inflation? Why?

Question 2:

A) Many different items throughout world history have served as "money". Which one that we looked at did you think was the strangest? Which one did you think was the coolest?

B) With the rise of cryptocurrencies (e.g. Bitcoin, Ethereum, etc.), traditional understandings of "money" and "central banks" are being stretched. How do you think cryptocurrencies will shape the future?

Questions 3:

A) In 2020, Democratic Primary candidate Andrew Yang called for a program called Universal Basic Income that would give everyone $1,000 a month. How might that affect inflation?

B) Over most of late 2021 through 2022, inflation averaged more than 8% per month (it's supposed to be 2% per year). Using what we learned in this unit, how might the government be able to bring it down?

Answer rating: 100% (QA)

Question 1 A The statement that the government usually messes up the economy unless it is already messed up is a subjective viewpoint that can vary depending on ones perspective and the specific circu... View the full answer