Economics Homework Help
TU The Need to Impose a Socioeconomic System Discussion
I’m studying and need help with a Economics question to help me learn.
USE VIDEOS TO ANSWER QUESTIONS
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Specific to “Why Not Print More Money”:
- DHow did money arise? What issues did money solve?
- If more money is printed, will people’s wealth increase? Why or why not?
Specific to “A History of Booms and Busts”:
- According to Stephen Davies, when central banks manipulate the money supply artificial pressure is placed on interest rates since the market is not determining the equilibrium interest rate. This theory helps explains malinvestments. Is this a justifiable theory? Defend your answer.
Specific to “The Costs of Inflation”:
- According to Dr. Horowitz, what are the costs of inflation?
- What problem(s) arise as there becomes too much market confusion due to inflation? Is this a problem? Defend your answer.