1.Does the U.S have an environment that allows people to make more money for their business opportunities...
Question:
1.Does the U.S have an environment that allows people to make more money for their business opportunities versus other societies?
2. There are a couple of ways we can measure GDP. One of the ways is through the calculation of real GDP. Real GDP is holding prices constant and measuring changes in output; while nominal GDP is measuring changes in both output and prices. Which one do you think is better to measure?
3. When looking at GDP, you will find that there are challenges in our economy on using this measurement. How does the level of GDP relate to our economy?
4. How can the Fed affect the amount of reserves that banks hold? What interest rates can it change to manipulate the quantity of reserves?
Financial Accounting
ISBN: 978-0134564142
6th Canadian edition
Authors: Walter Jr. Harrison, Charles T. Horngren, C. William Thomas, Greg Berberich, Catherine Seguin