Glenn Rudebusch of the Federal Reserve Bank of San Francisco has argued that the increased share of
Question:
Glenn Rudebusch of the Federal Reserve Bank of San Francisco has argued that “the increased share of services instead of tangible goods in the economy’s output . . . would tend to diminish the importance of inventory fluctuations and moderate the business cycle.” Briefly explain his reasoning.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
Glenn Rudebuschs argument is based on the changing composition of the economy He suggests that as th...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The article below discusses a topic called "inflation targeting". Read the article, then create a post in which you state (a) how inflation targeting is related to expectations in the economy, (b)...
-
In 2015, an article in a publication of the Federal Reserve Bank of San Francisco noted, "FOMC participants have steadily lowered their estimates of the natural rate of unemployment . . . over the...
-
American companies are starting to test the extent of their pricing power. Faced with rising costs for materials, transportation and workers, companies are charging more for products from metal...
-
Discuss the differences between @classmethod , @staticmethod , and instance methods in Python.
-
1. Which perspective of leadership best explains the problems experienced in this case? Analyze the case using concepts discussed in that leadership perspective. 2. What can organizations do to...
-
Assume that the following balance sheets are stated at book value. Suppose that Jurion Co. purchases James, Inc. Then suppose the fair market value of James's fixed assets is $23,000 versus the...
-
The scatter chart in the following figure was created using sample data for profits and market capitalizations from a sample of firms in the Fortune 500. a. Discuss what the scatter chart indicates...
-
Cyber Tech Company, which operates a chain of 25 electronics supply stores, has just completed its fourth year of operations. The direct write-off method of recording bad debt expense has been used...
-
Research the civil case Katz, et al. v. Panera Bread Co. and answer the following questions: Give a brief description of the lawsuit. Did Panera properly display the contents of the drink? Explain...
-
Fill in the missing values in the table below. Assume that the value of the MPC does not change as real GDP changes. Also assume that the values represent billions of 2012 dollars. a. What is the...
-
Fill in the missing values in the following table. Assume for simplicity that taxes are zero. Also assume that the values represent billions of 2012 dollars. National Income and Real Consumption GDP...
-
Determine the maximum deflection between the supports A and B. EI is constant. Use the method of integration. L- 7.
-
Martinez Corporation issues $630,000 of 9% bonds, due in 11 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10 %. Click here to view factor tables....
-
12.45% 45 Giggle Inc. stock has an expected dividend (D1) of $1.75. The growth rate in dividends (g) is 3.5% and the required return is 12%. What is the price of this stock? CALCO
-
Consider a representative individual who lives for TWO periods. The individual is endowed with one unit of labour in each period of his/her life. The individual consumes in both periods and his/her...
-
An economy consists of two individuals, A and B and two goods, a private good, which is called good 1, and a public good, which is called good 2. Each individual i = A, B is endowed with 24 units of...
-
Explain why is it important for tax purposes to determine whether a person is exercising an employment or is carrying on a profession or is self-employed? QUESTION 2 Nancy, from Australia first...
-
When she established the department, she named Ann Hill, one of her best clerical workers at the time, to establish and manage the department. At rst, the department occupied only a corner of the...
-
The following table shows the rates of total return in successive years from 2004 to 2008 for the Sprott Canadian Equity Fund and for the benchmark Toronto Stock Exchange S&P/TSX Composite Index. By...
-
Using the numbers in the following table, explain which country has a comparative advantage in producing smartphones. Switzerland Canada Output per Hour of Work Smartphones 8 LO 5 Fitness Bracelets...
-
In 2019, Pablo D. Fajgelbaum of the University of California, Los Angeles and colleagues wrote an academic paper in which they analyzed the impacts of the 2018 trade war on the U.S. economy. What is...
-
In 2018, when the Trump administration imposed a 25 percent tariff on imports of steel to the United States, economists at the Federal Reserve Bank of New York wrote, We can conclude that the 25...
-
Some people feel that a budget is only a guideline, while others believe budgets should be strictly adhered to. What do you think? If you were the GM, what would be your general budget philosophy and...
-
Using the high-low method, please calculate the fixed costs and the variable cost of overhead at Riley's Human Fertilizer co-op. Show your work.sing the high-low method, please calculate the fixed...
-
The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year follow. The common stock was $118,300 and the retained...
Study smarter with the SolutionInn App