Question
Please explain everything properly. Learning Outcomes: LO 1 Explain and deal with the current theories and practices of macroeconomics LO 2 Develop a sound understanding
Please explain everything properly.
Learning Outcomes:
LO 1 Explain and deal with the current theories and practices of macroeconomics
LO 2 Develop a sound understanding and describe the fundamentals of macroeconomics and relevant economic conditions for organisations.
Tasks
Respond to the following questions:
1. Consider the following items:
a) Food Stamps
b) Gold Coins
c) Corporate Bond coupons d) Funds in a checking account
e) Funds in a savings account
f) 100 shares of Tesla Motors Inc. stock (NASDAQ: TSLA)
Which of these items is the best example of money? Which is the worst? How would you order the list from most money-like to least money-like? Explain your reasoning.
2.
a. Find a current news article or video (within the past 12 months) that describes some government intervention in the economy with the intent of controlling prices.
b. Identify the parties who benefit and those who are or will be hurt by this intervention.
c. What unintended consequences will likely or have occurred as a result of this intervention?
d. What is your opinion on this matter? Why?
e. Include your thoughts and the link to the article in your report.
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