Scenario: Economic hardship has befallen the country after a world war in the year 2055. Thankfully, we are victors. However the economy is in dire need of fixing. Record number of people are unemployed and GDP has contracted to -1%. Deflation has also hit. The President calls you his economic advisor in to help sort out the economy and to make recommendations to the Legislative Branch and The Federal Reserve in a hopes that we can come to some sort of understanding. In 2 paragraphs 1. Offer a minimum of 2 tools that could help sort the economy out

2. Explain how those policy tools will correct the economy in the appropriate way.

The following accounts are denominated in pesos as of december 31, 2015. for reporting purposes, these amounts need to be stated in u. s. dollars. for each balance, indicate the exchange rate that would be used if a translation is made under the current rate method. then, again for each account, provide the exchange rate that would be necessary if a remeasurement is being made using the temporal method. the company was started in 2000. the buildings were acquired in 2002 and the patents in 2003. (round your answers to 2 decimal places.) exchange rates for 1 peso are as follows: 2000 1 peso = $ 0.28 2002 1 = 0.26 2003 1 = 0.25 january 1, 2015 1 = 0.24 april 1, 2015 1 = 0.23 july 1, 2015 1 = 0.22 october 1, 2015 1 = 0.20 december 31, 2015 1 = 0.16 average for 2015 1 = 0.19

How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )

On average, someone with a bachelor's degree is estimated to earn times more than someone with a high school diploma. a)1.2 b)1.4 c)1.6 d)1.8