The policies of the federal government influence the outcomes of the various activities in that economy. When government policies change or unplanned events occur, the resulting economic events or activity will usually change. Listed below are several policies or events that affect the performance of the economy:
The federal government employs a budget plan over several fiscal years that results in significant increases in the national debt, with no relief or plans to deal with the problem.
The federal government enacts new tariffs and quotas on all imports.
The general public loses confidence in their leadership, in terms of their ability to manage the economy, especially in the area of job creation.
The federal government, in an effort to stimulate the economy, decreases taxes on all individuals except those earning over $250,000 per year.
The level of investment decreases because of a lack of confidence in the economy.
Interest rates are kept artificially low by the Federal Reserve for several years.
For each of the items above, describe what would be the likely outcomes in the economy. Use the appropriate tools of analysis, such as aggregate demand and aggregate supply where appropriate, to justify and explain your answer.
Submission Details:
Prepare a 5-6 page Microsoft Word document that addresses the above-noted concerns and meets APA standards.
Include a summary section in your report that contains 5-7 bullet points identifying your major findings or conclusions of your paper.
Category: Macroeconomics
Case Analysis Read the sections of the text that begins on page 315 through page
Case Analysis
Read the sections of the text that begins on page 315 through page 319 titled: Canada-US Relations, Mexican Economic Reforms, The North American Free Trade Agreement, Two NAFTA-Specific Issues
Then conduct research in the LIRN about the history of U.S. Free Trade Agreements and also the TPP and TTIP. Additionally, conduct research in the current news about the changes that have taken place under the current political Administration
After you have completed the research, write a 4-5 page paper (not including the Cover page and the Reference page) in APA format. Please respond to the following prompts.
Summarize the history of trade between the United States and Canada and Mexico (include the time before NAFTA and after).
Explain the implications of the NAFTA agreement today given the changes in the political environment.
Describe how the NAFTA agreement differs from the proposed Trans Pacific Partnership. How might that impact U.S. relations with those countries?
What changes have taken place in trade policies and agreements in the current political environment? How might that impact U.S. relations globally.
Below is a recommended outline.
Cover page (See APA Sample paper)
Introduction
A thesis statement
Purpose of paper
Overview of paper
Body (Cite sources using in-text citations.)
Chronology of trade between the U.S. and Canada and Mexico.
Implications of NAFTA today and the difference between it and the Trans Pacific Partnership
Discuss the changes to U.S. trade agreements under the current administration and in the current political environment
Conclusion – Summary of main points
Lessons Learned and Recommendations
References – List the references you cited in the text of your paper according to APA format.
(Note: Do not include references that are not cited in the text of your paper)
Good morning :) I would like the following essay please :) I am unable to add th
Good morning 🙂 I would like the following essay please 🙂
I am unable to add the information again, it is saying it’s not appropriate content, I will attach in a message so please let me know if it goes through and you’d like to accept, thank you!
For this assignment, you should use the information in the textbook and the info
For this assignment, you should use the information in the textbook and the information found on the official Department of Labor website, http://www.bls.gov/home.htm.
Unemployment is one of the major concerns that people have in today’s economy, since losing one’s job can be one of the most devastating events a person can experience. But what do the numbers actually mean? What is the actual state of the economy, in terms of its ability to generate jobs for its citizens?
Questions:
What is the labor force participation rate? What was the labor force participation rate in 2008? How has it changed since 2008 and what does this change imply for the state of the economy? Does the labor force participation rate effect the unemployment rates reported in the media?
How is unemployment measured and reported?
What is a discouraged worker? Are they included in the basic unemployment rate? Are they included in any measure of unemployment? How has the number of discouraged workers changed since 2008? How does the exclusion of the discouraged worker affect the basic unemployment rate reported in the media?
What is frictional unemployment? What is structural unemployment? What is cyclical unemployment? What economic policies should be used to deal with these types of unemployment? Which type is most prevalent in today’s economy?
Unemployment insurance is designed to help the unemployed. Do these benefits encourage or discourage a person from looking for work? How long should these benefits last?
Does the existence of unions help or hurt the overall economy and the employment rate? Why or why not?
Different countries have different economic policies in place. In addition, beca
Different countries have different economic policies in place. In addition, because of various other factors like geo-political issues, access to capital, public health infrastructure, political system, etc., their macroeconomic indicators and economic growth rates are different. In your final paper, respond to the following questions:
Report the following macroeconomic indicators for your country: GDP, economic growth rate, public debt, inflation rate (CPI, annual variation in %), policy interest rate, and trade balance.
Discuss the state of the economy of the country you selected. Make sure to discuss if the country is experiencing a recession or an expansion and if there is inflation or deflation in the economy.
Discuss the relationship between GDP, inflation, and unemployment as addressed by the AD-AS model and explore if this is the same relationship as explained by the Phillip’s Curve.
Recommend ONE policy to the central bank of the country, given the state of the economy.
Recommend ONE policy to the government of the country you selected, given the state of the economy.
Discuss the possible short-run and long-run implications of using the monetary and fiscal policies you prescribed in the previous questions.
Discuss the differences in the approach taken by a Classical economist versus a Keynesian economist in solving the macroeconomic issues of the country you selected.
Your son is graduating from high school and is about to enter the work force. He
Your son is graduating from high school and is about to enter the work force. He has developed a strong curiosity about our economic system and how it works. Because you have a good understanding of basic economics, he has asked you to explain several concepts that are essential to an understanding of how the economy works. Your son has asked you to explain the following concepts and ideas:
Absolute and comparative advantage: Explain how these concepts describe the benefits and costs of international trade.
“Invisible hand”: What is it and how does it affect the decision-making process in our economic system?
Circular flow diagram: Include the government sector in your explanation, a description of the roles that each participant plays in the economy, and how the different sectors interact in the markets.
The Production Possibilities model: Provide an example and include a summary of what the model is illustrating and the economic implications for the economy.
Microeconomics and macroeconomics: Explain the differences between the two and why economics is divided into these two subdivisions.
Deliverables:
Prepare a 5-6 page Microsoft Word document that addresses the above-noted concerns and meets APA standards.
Include a summary section in your report that contains 5-7 bullet points identifying your major findings or conclusions of your paper.
Submit the summary section as your initial post in the Discussion Area by the due date assigned. Include the full report as an attachment to your posting.
By the end of the week, comment on at least two other presentations and identify the strengths and weaknesses of each.
All submissions must be original and all resources must be properly acknowledged.
Construct a graph showing supply and demand in the electronic dog feeder market,
Construct a graph showing supply and demand in the electronic dog feeder market, using Microsoft Excel.
How are the laws of supply and demand illustrated in this graph? Explain your answers.
What is the equilibrium price and quantity in this market?
Assume that the government imposes a price floor of $180 in the feeder market. What would happen in this market?
Assume that the price floor is removed and a price ceiling is imposed at $90. What would happen in this market?
Now, assume that the price of feeders drops by 50%. How would this change impact the demand for feeders? Explain your answer and reconstruct the graph developed in question one to show this change.
Assume that incomes of the consumers in this market increases. What would happen in this market? Explain your answer and reconstruct the graph developed in question one to show this change.
Assume that the number of sellers decreases in this market. What would happen in this market? Explain your answer and reconstruct the graph developed in question one to show this change.
Explain the difference between a normal good and an inferior good. Would your answers to question 7 change depending on whether this good is a normal or inferior good? Why?
Please find a Current Event Discussion on Recent Economic Policy Interest rates
Please find a Current Event Discussion on Recent Economic Policy
Interest rates have been increased 3 times last year and the first time in a few years. Unemployment is decreasing. These are all signs of growth. Although recently the experts are saying we have turned the corner and are not entering into a recession. Is this the goal of the FED? What tools are the current administration using to create growth or reduce the impact of a recession? Are they monetary or fiscal policy tools?
Some things to think about:
What actions are being taken?
What is the goal of the policy?
Is it a Monetary or Fiscal policy
Does the article hold up to your expert analysis?
The current event must be within the last 90 days.
Current events will be at least 3 -4 full paragraphs to receive credit. The assignment will consist of a summary of the article, Work Cite your information.
Hi, I would love if you’d like to do another paper for me, you did a great job l
Hi,
I would love if you’d like to do another paper for me, you did a great job last time and I appreciate you 🙂
The subject is:
Will “buying American” make Americans better off?
Requirements are:
* 4-5 page Essay Not counting Title page and Works Cited pages.
* Double spaced/Times Roman size 12 font
* Works cited or title page do not count towards the page requirement, However; works cited is
required as an additional page using MLA formatting
* MLA style
* Minimum of three sources-must be after 2010
* Use Economic terminology BOLD these Vocabulary
* Justification (rationale of your answers – explain)
Gather factual information to support this statement as it applies to how this effects the American economy as related to economics. You will need to explain and provide specific examples in your writing. Remember to include information regarding how this affects the US economy in terms of output and income into your response.
Please let me know if you accept, thank you!
This is a project for students of macroeconomics. The project is intended to enh
This is a project for students of macroeconomics. The project is intended to enhance critical thinking, research skills, writing skills, and student’s ability to apply concepts learned in class to real life situations.
This assignment is individual, however, it is okay if two or more students choose the same aggregate. Do not share your work with friends even if you are researching the same macro aggregate. Doing so will result to academic dishonesty and all involved will be awarded “0” (zero).
When economists forecast economic growth, they base their forecasts on what is going on key macro aggregates. Based on the aggregates, the economists can make conservative or progressive forecasts. Policy makers also determine which measures to implement depending on what is happening with key macro aggregates. That is, should they employ a contractionary or an expansionary policy? This assignment is intended to help you make a connection between theory and practice. By reviewing the aggregate of your choice and connecting that to related events and policy, you will attain a clearer picture of how thew economy functions.
Instructions:
The following are common macro aggregates:
inflation
Unemployment
GDP
Money Supply
Trade
Interest rates
Exchange rates
For your assignment, select one aggregate from the list. Collect data on that aggregate for the period 2015 to date. Ensure that your data are from a reliable source such as BLS, FRED, IMF/ World Bank, WTO, FED etc. Once you have collected data organize it (tabulate, graphs/ figures) and analyze for trends. In order to make meaning of trends break it down to quarterly and annual data. Examine changes from quarter to quarter and explain the final observed annual value. In addition, analyze the changes from year to year.
To explain the trends, conduct some research (literature review) to uncover events that could have occurred, and which could rationalize observed trends and changes. For instance, did the price of oil change? How could that have impacted prices and hence inflation? Were there changes in policy such as tariffs and quota restrictions? Can you attribute observed trade data to those changes? You get the idea?
For literature review, use credible journal articles (peer reviewed), credible websites (wall street journal, economist, Brookings, etc.), textbooks, and any other credible sources that you come across. Galileo/ Library should be your “friend”. When reviewing literature, take note of any policies implemented, it at all, and then using your observed data discuss why or why not such policies were (in) or appropriate. Be sure to include a brief summary of any policies that you came across.
Your paper should be 10-15 double spaced pages. Use APA style of writing. All sources of information must be cited in the text and included in your list of references. Before you start writing, review the rubric to ensure that you clearly understand all requirements for the paper including how it will be graded.
The paper should be uploaded by 11/30/2023.