The government closure in the U. S. in 2013 has made some banks on Wall Street feel feared, leading to the widespread concerns of bank runs. As a result, a majority of commercial banks decided to keep more reserves. How would this change affect our economy’s output and interest rate in the short run? Show the effect on the interest rate and output using an IS-LM mode

You are a team of marketing consultants. it is 2008 and the great recession has struck. one of your clients is whole foods market (sometimes known as whole paycheck). wfm has come to you and asked for strategic advice on how to adapt their product and pricing strategies in light of the economic downturn: 1. advise wfm on the various approaches that could be taken to reducing price. be sure to consider potential psychological impact of price reductions on wfm consumers. 2. based on the options outlined in part 1, recommend an approach and support with marketing theory.