In some business models, like restaurants, revenue determines expenses. For example, a restaurant owner may find that labor and food costs should each be 30% of total revenue for the business model to work. As you run your business over time, you'll see certain patterns and limitations (e.g. cafes only have a certain number of seats) -- patterns in revenue to determine expenses. Please review and analyze the Financial Statement Model and explain each component in Dark Blue Such as % Growth per month, Revenue, Expenses, Operating Cash Flow, etc. Please review the Sample Financial Statement as a reference.

WEEK 5 DISCUSSION Monetary Policy and InflationDiscussion Questions:1. The Fed and Monetary PolicyMonetary policy is the action taken by the Federal Reserve to expand or contract the money supply and influence interest rates. What are the current unemployment and inflation rates? How has the Fed redefined its targets for inflation and unemployment and how do current conditions compare to those targets?As the top advisor to the chair of the Federal Reserve, define contractionary and expansionary monetary policies and explain which you advise the Fed to pursue today - given the inflation and unemployment targets versus the current rates. 2. Inflation - Winners and LosersWe often hear of inflation characterized as a bad thing, but Meyer describes both winners and losers from inflation. Give an example of one way in which you would win from unexpected inflation, and an example of one way in which you would lose from unexpected inflation.Before answering the above questions, please review this Summary of New Fed Monetary Policies. You may consult other sources as well and include them in your bibliography. WEEK 7 DISCUSSIONClassical or Keynesian?1. Classical v. Keynesian Approaches to Smoothing Business CyclesFiscal policies are the actions of Congress on spending and taxing. (Note that this is different from monetary policy, which is the action take by the Federal Reserve to change the money supply and interest rates.)a. Explain and compare the Keynesian and classical points of view on whether or not to intervene during the business cycle (an expansion = positive real GDP growth; and a recession = negative real GDP growth). b. Are we in recession today? Use today's real GDP growth rates to explain your answer. c. As the President's chief economist, describe the Keynesian fiscal policy you think the administration should follow given today's economic conditions. Support your point of view using principles of Keynesian economics, as described by Mayer in Chapter 16 of "Everything Economics." 2. What Role for Government?In Chapter 3, Wheelan describes a number of ways in which the "government is your friend" in a well-functioning society and economy. List and explain two ways that, in your everyday lives, there is a need for an effective government role in an economy.Explain how this government role does, or does not, solve a market failure such as an externality.

Hi Robert,This is my economics assignment. It is my last assignment of finish out that class. Is this something you can help with this weekend?Thanks!LC