Free

Homework - Essay Example

Comments (0) Cite this document
Summary
However, this is still below the 200,000 required to bring down the rate of unemployment. According to the economic report as per March 2012, the unemployment rate…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.7% of users find it useful
Homework
Read TextPreview

Extract of sample "Homework"

Homework Homework The economy of the United s has created more than 100,000 job opportunities for the past seven months. However, this is still below the 200,000 required to bring down the rate of unemployment. According to the economic report as per March 2012, the unemployment rate remained at 8.2% (Stewart, 2012). In order to reduce the rate of unemployment from 8.2% to a lower rate, the government requires increasing its spending and lowering the rates of taxation. Through lowering the rate of taxation, individuals will be capable of borrowing at low rates, which will promote the establishment and growth of various businesses that can become sources of employment (Blinder, 2011). In addition, through increasing the level of government spending, the government will be capable of providing incentives for production, which will create employment opportunities, reducing the level of unemployment from 8.2%.
GDP, income and consumption growth have been positive, but also growing below the expected rates. The economy is expected to have a GDP growth of approximately 2% in 2012 and 2013. Household consumption increased by 2.2% in 2011, a factor that resulted from jobs recovery and fiscal stimuli (Stewart, 2012). Because of the increase in gasoline and oil prices, spending on consumption has risen drastically. In order to compensate, the United States consumer is borrowing again, especially for auto loans; this has made consumer credit grow drastically in 15 of the last 16 months. The government can reduce the rates of borrowing to kindle the economy through affordable consumption.
Business investment in equipment and software has posted a remarkable recovery, which is expected to go on in 2012. Growth in the investments can be attributed to availability of the opportunity of borrowing at attractive rates. On the other hand, construction investment suffers immensely from the situation of the housing market. Because of this situation, business bankruptcies have been declining and are expected to decline by 10% in 2012. Because of the increasing external trade deficit, the government can adopt the policy of import substitution in those products, which it has capabilities in producing.
Resulting from the drastic increase in gas and oil prices, the economy is facing inflation. A further increase in price of oil could lead to an occurrence of a recession. However, the Federal Reserve Chairman holds the possibility of a 3rd Quantitative Easing (QE3) in case there is such an occurrence, which can trigger QE3. With the current growth in the economy and shrinkage in unemployment, there is a possibility that QE3 could not be necessary since it can create inflationary pressures afterwards. Hence, the monetary policy is currently strong, but QE3 could be possible if the oil prices continue spiking immensely (Stewart, 2012).
The external trade currently remains in vast deficits. The growth impulse contribution from the foreign trade was positive in 2011 but has turned negative from 2012. The risk for trade and current account balances remains remarkably strong under the grouping of the United States demand for imports, especially Japan, Europe and China. Weaknesses in China, Europe and Japan economies increasing the gap, and continued increase in oil prices that have led significantly to the deficit within the OPEC nations. Because of the current issues in the economy, the government needs to employ expansionary policy (Blinder, 2011).
Aggregate Output, Unemployment & Inflation Trend
House Market
Trade
Macroeconomic Policy –Monetary Expansion
Source: U.S. Bureau of Economic Analysis
References
Blinder, S.A. (2011). Macroeconomics: principles and policy. New York: Wiley & Sons.
Stewart, H. (2012). The Current Economic Situation: Pretty Much the Same. Economy today, 5 (2). Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Homework Essay Example | Topics and Well Written Essays - 500 words - 10”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1598106-homework
(Homework Essay Example | Topics and Well Written Essays - 500 Words - 10)
https://studentshare.org/macro-microeconomics/1598106-homework.
“Homework Essay Example | Topics and Well Written Essays - 500 Words - 10”, n.d. https://studentshare.org/macro-microeconomics/1598106-homework.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Homework

Homework

...?The first part of the video lecture defines and demonstrates the botnet, how the botnet are created and infect the computer systems over the internet. A botnet is a collection of infected computers connected to the internet which are being controlled by the Bot herder and command center. It has been found in the video that a Bot client can easily be developed by a Trojan that installs a bot code on the victim’s PC through a compiled and executable source code that can be written in Microsoft Visual C++. It has been learnt from the video through a practical example to control and command the bots through IRC that can be installed on the private server machine and spreading the bots through e-mail attachment, downloading BitTorrent...
4 Pages(1000 words)Essay

Homework

... A comparison between articles on marijuana use Marijuana has been in use by different persons across the globe for various reasons for a long period. Despite this, there have been various regulations that are imposed on its use, depending on the understanding of the health and economic benefits and hazards associated with its use. In this regard, numerous researches have been undertaken on the topic. This paper seeks to compare two articles; ‘Government Study of Marijuana Sees Medical Benefits by Strolberg, Sheryl and ‘Legalizing of Marijuana Raises Health Concerns’ by Rabin, Roni. ‘Government Study of Marijuana Sees Medical Benefits’ by Strolberg presents a research directed by the government in a bid to understand the effects... A...
3 Pages(750 words)Research Paper

Homework

...The research article “Family Involvement with Childrens Homework: An Intervention in the Middle Grades” by Sandra J Balli, David H Demo and John F Wedman has its purpose stated clearly and succinctly. The study purports to investigate the effects of family involvement in homework at the middle grades. It is sufficiently delimited to involve 74 Caucasian sixth graders and their predominantly middle-class families. The homework assignments of specific Mathematical problems are analyzed, over a period of time. The students are selected from a single school, and the selected classes are handled by the same teacher and the exercises given to them were also the same, to attain uniformity in the...
2 Pages(500 words)Article

Homework

...Homework American Revolution initiated the rebellion against the British colonizers and eventually led to the political and social freedom of the British colonies in the mainland of America. Thesis statement: The wartime experiences of the American Revolution are interconnected with the unification of the people and emergence of civil society, its effects helped the women to gain social status, it helped the slaves to gain confidence and it drastically affected the native population in America. Description and analysis: wartime experiences of the Revolution and the effects on women, slaves, and natives The wartime experiences of the American Revolution are closely related to the direct combat between the revolutionaries... American...
1 Pages(250 words)Essay

Homework

...Homework In the disasters you saw in the photographs, what should the buyer have insisted upon in his/her contract with regard to risk of loss? Explain. Ocean freight has been one of the most utilized modes of shipment throughout the globe as it is cheaper and it can transport any size or weight of goods. Unfortunate for some, this method involves risks such as occurrence of unprecedented disasters, accidents, or malfunctions of these cargo ships. Such cases lead to filing of law suits on the part of the cargo’s insurance companies and on both parties of buyers and sellers. In circumstances such as the ocean disasters reflected in the photographs, the buyer should have included a condition subsequent (Mallor, et al., 2012... In the disasters ...
1 Pages(250 words)Assignment

Homework

...Homework Answers Part One Question Planning for an uncertain situation encompasses a broad process known as contingency planning. This broad process consists of the following components: A plan for incident response A plan for disaster recovery A plan for business continuity These three components account for all-round variables that constitute an uncertain occurrence, thereby informing the planning process for the underlying situation. Question 2 NIST defines a CP process that is made up of seven steps, which include: i. Formulation of a policy statement in relation to contingency planning. ii. Conducting an analysis of business impact. iii. Determination of preventive controls. iv. Development of strategies for...
3 Pages(750 words)Case Study

Homework

... Homework As I search for "security best practices", several internet articles had topics on the information security officer, vendor management, as well as physical security. The paper will discuss security best practices with regards to these three topics mentioned above. It will also comment on papers that other students have written regarding this topic. Information Security Officer The first thing that every security program should do is establish the existence of the Information Security Officer (Putvinski 1). Relying on the size of a person’s security environment, this could be a current worker who has the accessibility to take on further duties or a full-time worker. Apart from the time element, a firm must clearly define...
2 Pages(500 words)Case Study

Homework

...Homework Questions American farmers were faced with various economic and social ills at the turn of the century. Farmers got faced with a banking system that insisted on the gold standard as its monetary system. The railroad system at the time was also deemed as capricious and unfair. The farmers also got faced with rampant land speculation that drove prices for land up. The populist movement referred to the advocacy of the people’s party in 1892 (Roark et al 352). The movement advocated against the industrial society at the time. The movement got based around poor and hard-pressed farmers. The movement called for the formation of a sub treasury, land reform, currency reform, and the empowerment of the common people....
1 Pages(250 words)Coursework

Homework

... Affiliation Cost estimation is an important aspect of project management and determines whether the project is worth undertaking, whether it will be profitable to the company, and if at all the company can afford it (Pinto 2010). It provides the firm with a cost range (“Ball park estimate”) of the total monetary cost of the project. In terms of project schedule and Work breakdown structure, it leads to budgeting for monetary, human and material resources since the management eventually uses these allocations to coordinate the resources to ensure all three are available when needed. Parametric cost estimation works for cost estimation because it is more accurate as compared to analogous cost estimation (Pinto 2010). Considering... Affiliation ...
1 Pages(250 words)Assignment

Homework

...Essential Selling Skills al affiliation Essential Selling Skills When selling in a company, the sales people need to be in order in a manner that the customers are analyzed and their needs match with the company’s products or services. The company I work with deals with short messaging and it deals with networking and short messages sending services. It is assisted with a larger networking company which offers the network to the company through IP gateways. Better Sms Ltd is a company that offers bulk short messages to the customers including short codes and Interactive Video Response services. Marketers and sales managers must ensure that the company’s services are advertised and offered to a larger number of clients... Selling Skills al...
3 Pages(750 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Homework for FREE!

Contact Us