Suppose the reserve requirement in the United States is 10% and banks do not hold excess reserves. Suppose the Federal Reserve wants to increase the money supply by $50 million. (a) Briefly explain the appropriate open market operation the Fed would undertake to accomplish their goal. (b) What is the minimum amount of currency the Fed would need to add to the economy to accomplish their goal? (c) Explain why, in reality, the Fed may have to have to add more currency than the number you found in (b) to accomplish their goal. Think about the assumptions that would have to be true for the minimum amount of currency to increase the money supply by $50 million

Your own record of all your transactions. a. check register b. account statement

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)

In macroeconomics, to study the aggregate means to study blank