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.
Nobody downloaded yet

Current Event: Economic Concepts - Essay Example

Comments (0)
Summary
However, congress retains oversight responsibilities to ensure that the Federal Reserve keeps to its mandate. The Federal Reserve being the nation’s central bank has responsibilities in four main…
Download full paper
GRAB THE BEST PAPER
Current Event: Economic Concepts
Read TextPreview

Extract of sample
Current Event: Economic Concepts

Download file to see previous pages... The Feds define monetary policy as actions that it partakes to influence the access and cost of money to fulfills the goals set up by Congress, a suitable price level and suitable work. A wider classification of monetary policy would include policies, statements, directives, and forecasts of the economy (Gagnon, 2010).
During the 2007/2008 financial crisis, the federal bank took on some measures as concerning its monetary policies to try and salvage the situation. The Feds sought to target the federal funds rate. In December of 2008, the Feds brought down the federal funds rate to a range of between 0 to 0.25% also called the zero lower bound. The Fed could not provide at that time any more stimulus by the use of conventional policies. So the Feds turned to unconventional policies to further provide stimulus to the economy. It has made a promise to keep the Federal funds target low for as long as unemployment is above 6.5% and inflation is low (Labonte, 2012).
The Feds also attempted to stimulate the economy through several rounds of asset purchases of Treasury securities and those securities issued by government sponsored enterprises. Since September 2012, the Feds have made large purchases of mortgage-backed securities and Treasury securities. However, unlike the two previous rounds of asset purchases, this time the Feds offers no specific date when it ends these purchases instead pledging to continue acquiring until the labor markets improve. In December of 2013, the Fed announced that it would begin tapering off those purchases. Going by the current course of the financial situation, this may be seen as the first step towards ending of the unconventional monetary policy (Labonte, 2014).
Monetary policy changes have effects both in the long term and the short term. In the short term, when all other factors remain the same, an expansionary monetary policy that reduces interest rates will increase ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
CURRENT EVENT
Sociologists have determined various reasons due to which an individual falls in the poor category of a nation. Certain sociologists state the reason due to which an individual falls in the category of poor is the lack of future orientation of that individual and thus theorists have determined that an individual faces poverty because they themselves are doing nothing to solve change their economic conditions.
3 Pages(750 words)Essay
Create a written analysis of a current economic event
Despite the tax cut being beneficial to large institutions especially corporations, there has been divided attention between the democrats and the republican on its impact on the American economy. Since the Bush-era tax cuts were expected to be terminated by the year 2010, it was extended alongside other laws on tax by the Obama administration through the passage of the 2010 tax relief act.
3 Pages(750 words)Essay
Current event
This means that even when a particular party or country for that matter has absolute efficiency and advantage in producing the good or service both can still exist and stand a chance of gaining profits through trade given that they have different comparative competences.
3 Pages(750 words)Essay
Current Event
In February, 2003, a new conflict broke out in western Sudan; more specifically, the three regions of Northern, Western and Southern Darfur. Initially, it appeared that this latest crisis arose as the result of differences between nomadic Arab tribes and sedentary black African ones.
8 Pages(2000 words)Essay
Current Event
ording to Nancy Pelosi, the Minority Leader of the United States House of Representatives at the 8th district of California, “she is worried that many women are complacent about the possibility that they will lose access to abortions” (Terkel, 2011, par. 1). The essay is
2 Pages(500 words)Essay
CURRENT EVENT
Experts believe that it is mainly due to the economic problems, frustrations, lack of education and joblessness. Recently, an article published in a popular
3 Pages(750 words)Essay
CURRENT EVENT
as been increased by 57% in Québec which means there has been annual increase of 4% in this rate every year (Santé et Services Sociaux Québec, n.d.). Every other day, news related to the social problem of teenage pregnancy is published in newspaper and are shown through
3 Pages(750 words)Essay
CURRENTS EVENT
The most significant concept is related with scarcity and remains a highly solid fact, even more so than abstraction. The supply and demand is another concept which has remained a much desired entity that shall be achieved within the realms of
1 Pages(250 words)Essay
Current Event: Economic Concepts
The research that came up with the conclusions which guided the writer in writing the article was done by the American express (AXP). From their research, 54% of
2 Pages(500 words)Essay
Current Event
Then we can use the perspective to define the occurrence of social conflicts and disorders in the society. There are three main
4 Pages(1000 words)Essay
Let us find you another Essay on topic Current Event: Economic Concepts for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us