4,885 research outputs found

    Undergraduates’ Perceptions of Ideal Learning Environments

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    Four hundred and fifty three undergraduate students were surveyed at one CCCU institution regarding perceptions of what “exists” and what they “value” related to university pedagogy, learning activities, assessments, and learning relationships. Researchers ranked students’ values and examined gaps in students’ perceptions of what students say exists at the university as compared to what they value. The highest ranked values primarily related to learning relationships, including “demonstrates Christian ethics in interactions with others” and “integrates Christian worldview in the teaching of course content.” The factor that most explained satisfaction with teaching practices was the “Methods Factor” and the single item that most explained student satisfaction with teaching practices was, “provides interesting lessons.

    Opinion: Milton Friedman and liberty

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    Economists

    A quantity theory framework for monetary policy

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    Monetary policy ; Money theory

    Maintaining price stability: a proposal

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    The Neal Resolution, now in Congress, would make price stability the dominant goal of monetary policy. The first of these two articles holds that policymakers’ discretion over the price level increases political conflict. Further, it argues that removing this discretion would restore the dollar to the role envisioned by the Framers of the Constitution. The second article proposes an instrument for measuring inflation expected by the market and argues that such a measure would encourage monetary policy-makers to maintain price stability.Inflation (Finance) ; Monetary policy ; Prices

    How useful is M2 today?

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    One of the most difficult aspects of formulating monetary policy is assessing the impact of policy actions on the public's dollar spending. Historically, the behavior of M2 has offered considerable information about the impact of monetary policy on dollar spending. It appears likely that M2 will continue to offer useful information to the policymaker.Money supply

    Monetary policy in the 2008-2009 recession

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    The recession that began with a cyclical peak in December 2007 originated in a combination of real shocks because of a fall in housing wealth and a fall in real income from an increase in energy prices. The most common explanation for the intensification of the recession that began in the late summer of 2008 is the propagation of these shocks through dysfunction in credit markets. The alternative explanation offered in this article emphasizes propagation through contractionary monetary policy. The first explanation stresses the importance of credit-market interventions (credit policy). The second emphasizes the importance of money creation (money-creation policy). According to Federal Open Market Committee (FOMC) Chairman William McChesney Martin, "The System should always be engaged in a ruthless examination of its past record" (FOMC Minutes, 11/26/68, 1,456).Monetary policy ; Credit
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