Top Tweets for #umdecon
The Federal Reserve also buys and sells stocks to change the money supply. When the Federal Reserve wants to add money to the market they buy bonds and when they want to decrease the money supply they sell bonds. @LuiggiDonayre @econ_ta #umdecon
Many people living in extreme poverty are living in poverty as the land they live on is not able to support them. There are people around the world today still living on less than a $1.90 a day showing just how bad the distribution of money is. @LuiggiDonayre @econ_ta #umdecon
Evidence tends to confirm that the poorest people are located in the most unfavorable lands.
#Land improvements support rural populations to generate income, contributing to the prosperity and equality of those at the bottom of the income distribution.
#povertyeradicationday
The income distribution has in general continued to increase since 1974. This makes the gap between the upper and lower class keep getting bigger. The rich keep getting richer and the poorer keep getting poorer.@LuiggiDonayre @econ_ta #UMDecon
If an economy has a constant long run equilibrium of unemployment, this is called a steady state. #UMDecon @LuiggiDonayre @econ_ta
If an employee has a tendency of shirking at their job, a higher wage could give them incentive to take their job seriously. #UMDecon @LuiggiDonayre @econ_ta
@business Wow! Making the unemployment rate go up and making it harder for people to get jobs in big tech companies. @LuiggiDonayre @econ_ta #UMDEcon
Inflation is very high right now. Sellers are trying to make it seem like their products didn't raise in price that much so companies are reducing the amount you get in a package. This tactic makes it seem like inflation isn't as bad as it is. @LuiggiDonayre @econ_ta #umdECON
Same packaging,
37.5% less pepperoni. 8 oz turns to 5 oz
CPI is only around 8% inflation according to the govt data.
This is one of the ways they do it. #shrinkflation

When I was at Costco I noticed that after being on sale for weeks my Bai energy drinks returned to full price. Is this because they didn't have a demand before and are now selling many? @LuiggiDonayre @econ_ta #UMDEcon
How do states that get hit with hurricanes, for example, Florida rebuild their economy after such great losses? https://t.co/wJ86GnYyBH
@LuiggiDonayre @econ_ta #UMDEcon
In the Cirular-Flow Diagram households buy goods and services from firms. Whereas firms use their revenue from sales to pay wages to workers, etc. @LuiggiDonayre @econ_ta #UMDEcon
That’s crazy that they were limiting things like baby formula! I remember during the pandemic things like toilet paper were limited and me and my family were worried about what to do. #econTA @LuiggiDonayre #Umdecon
If I am making cookies to sell at a bake sale the eggs, flower, and sugar would be the intermediate goods and the cookies would be the final good. @econ_ta @LuiggiDonayre #UMDecon
Tomorrow is the third and last day of the International Trade Dynamics Workshop. Eunhee Lee, Nuno Limao (#UMDEcon), and Sam Kortum (@YaleEconomics) will be presenting. Here's the full program, https://t.co/nG6Ww2AhEG. You can register here https://t.co/vRU2QAJfBB.
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