When you encourage consumption by inhibiting your interest rates from rising to their equilibriumâ level, you will in fact buyâ problems, and we have in fact boughtâ problems," Kansas City Fed President Thomas Hoenig said in his final speech in office. The Fed has cut rates to near zero and bought more thanâ $2 trillion in bonds to boost the economy. Required:
What are some of the problems that near zero interest rates and $2 trillion of quantitative easing have created?

Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)

Find the zeros of the polynomial 5 x square + 12 x + 7 by factorization method and verify the relation between zeros and coefficient of the polynomials

The third program provides families with $50 in food stamps each week, redeemable for both perishable and nonperishable food. the fourth policy instead provides a family with a box of nonperishable foods each week, worth $50. use two graphs to illustrate that a family may be indifferent between the two programs, but will never prefer the $50 box of nonperishable foods over the $50 in food stamps. state your answer and use a consumer choice model for perishable food and nonperishable food to graphically justify your choice.