Afinancial crisis: suppose the economy starts with gdp at potential, the real interest rate and the marginal product of capital both equal to 3%, and a stable inflation rate of 2%. a mild financial crisis hits, that raises the risk premium from zero to 2%.

a. analyze the effect of this shock in an is/mp diagram.
b. what policy response would you recommend to the federal reserve? what would be the effect of this policy response on the economy?
c. how would your answer to part b) change if the financial crisis were very severe, raising the risk premium to 6%?
d. what other policy responses might be considered in this case?

Plz i have no idea what a cover letter is can u guys explain it to me write a letter to the address below. you are responding to an advertisement from the willamette company for a job opening as an office assistant. you did some research and learned that the person to whom the application should be sent is ms. katrina n. d. waives. you are going to enclose a résumé and three letters of reference. your résumé will have details about your qualifications, so you should just give a brief but inviting overview of them here. in addition, your letter will include a very important paragraph that is not normally a part of a business letter. you will tell what format you are using for your letter where you got the information on this format. address of the willamette company: 355 buck hill road, portland, oregon 48792.

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.