Econ 104 first term - Study guides, Class notes & Summaries

ECON 104 FIRST TERM SEMESTER NOTES FOR YOUR FINAL EXAMS GUARANTEED A+ FINAL EXAM ECON 104 FIRST TERM SEMESTER NOTES FOR YOUR FINAL EXAMS GUARANTEED A+ECON 104 FIRST TERM SEMESTER NOTES FOR YOUR FINAL EXAMS GUARANTEED AECON 104 FIRST TERM SEMESTER NOTES FOR YOUR FINAL EXAMS GUARANTEED A+

ECON 104 HOMEWORK 5 QUESTION AND ANSWER 1. Money Supply Problem You are hired by the Chair of the Federal Reserve to manage the trading desk at the New York Fed and the Chair tells you that he wants you to increase the money supply (M1) by 33.33 percent. They warn you to be careful because in these uncertain times, the money multiplier tends to become very unstable. They suggest that you stay ‘closely connected’ with the banking sector and then gives you a list of phone numbers to do ...

1. where do cities come from hunter gather cultures -the invention of agriculture =sedentary, need for fixed address 2. from settlements -surplus production = ability to store to cities -trade w/ communities of surplus production -specialization created after non farming specialization occurred bc of surplus -distribution of property & by-ways -opportunities for way of life, occupation, wealth accumu- lation =storage possible= threat of theft= need for domestic scurity = rise of...