Part I: Description of the State of the U.S. Economy Describe the state of the U.S....

Part I: Description of the State of the U.S. Economy

Describe the state of the U.S. Economy for the years between 2006 and now in terms of macroeconomic measures discussed in the course (GDP, unemployment, and inflation rates). Use data from the National Bureau of Economic Research (NBER), http://www.recovery.gov, and other government agencies and departments, such as Department of Labor (Bureau of Labor Statistics), Department of Commerce (Bureau of Economic Analysis), etc. and present the data in charts, graphs, or tables.
As you will notice from your data analysis, the economy passes through different phases and turns. Discuss the implications of a given state (for example, recession) in terms households, businesses, and the entire society as a whole. Share your thoughts as to why it is important for you to understand the different states through which the economy passes. Share personal examples and experiences.

Part II: Analysis of Economic Policies

In your analysis of the macroeconomic data, you will notice that the U.S. economy passed through a major recession. Based on research, discuss the underlying causes of the recession. Identify monetary and fiscal policies implemented by the Federal Reserve and the government to deal with the recession.
Evaluate the expected and actual effects of each policy. Your response needs to include the name of the policy, description of the policy, the year it is implemented, and discussion of expected and actual outcomes in terms of the GDP, unemployment and inflation rates.
After close observation of the different perspectives discussed in the course, share your position on the effectiveness of fiscal and monetary policies to deal with recession or inflation.

As part of the economy, each of us will be affected by the state of the economy and the actions policy makers take to stabilize or advance it. Conclude by sharing why understanding these actions and outcomes matter to you as an individual who is part of the economic system. How do they affect the society/economy? What could be done differently? Share personal examples and experiences

Solutions

Expert Solution

Rahul Sunny answered 9 months ago

Next > < Previous

Related Solutions

Describe the state of the U.S. Economy for the years between 2006 and now in terms...

Describe the state of the U.S. Economy for the years between 2006 and now in terms of macroeconomic measures discussed in the course (GDP, unemployment, and inflation rates).

1. How would you describe the state of the U.S. economy during the Great Depression? a-There...

1. How would you describe the state of the U.S. economy during the Great Depression? a-There was a prolonged period of very high unemployment and negative or low GDP growth. There was a brief period of deflation. b-There was a prolonged period of very high unemployment and very high rates of inflation. GDP growth was slow. c-There was a prolonged period of very low unemplyment and negative real interest rate. GDP growth was slow. d-There was a prolonged period of...

As part of the economy, each of us will be affected by the state of the...

As part of the economy, each of us will be affected by the state of the economy and the actions policy makers take to stabilize or advance it. Conclude by sharing why understanding these actions and outcomes matter to you as an individual who is part of the economic system. How do they affect the society/economy? What could be done differently? Share personal examples and experiences.

1. What it the best description of the U.S. Economy in the late 1970s? a. Growing...

1. What it the best description of the U.S. Economy in the late 1970s? a. Growing at a stable rate with low inflation. b. Increasing nominal interest rates which the Fed could not reduce. c. experiencing rapid growth due to large tax cuts. d. In a recession with falling prices and output. 2. Which is the best description of the Monetarist Classical View about monetary policy? a. Since interest rates can not go blow 0%, fiscal policy is generally better...

Evaluate the state of the current u.s. economy. Explain whether you believe economy strong, moderate, or...

Evaluate the state of the current u.s. economy. Explain whether you believe economy strong, moderate, or weak. Is it booming, at a peak, in a trough, or headed towards a recession? Offer a careful explanation for the factors you believe have shaped the current state of the economy. Must be a minimum of 150 words.

Do an Internet and/or library search to determine the current state of the U.S. economy and...

Do an Internet and/or library search to determine the current state of the U.S. economy and the household appliance industry. This will be the bases for your summary of possible client audit and fraud risks that will be included in your report below. You need at least three sources of information for the U.S. economy and industry analysis; be sure to cite your sources in your report. You can use the most recent years for your internet search of the...

Consider the following information on Stocks I and II: State of Economy Probability of State of...

Consider the following information on Stocks I and II: State of Economy Probability of State of Economy Rate of Return if State Occurs Stock I Stock II Recession .20 .02 −.20 Normal .55 .32 .12 Irrational exuberance .25 .18 .40 The market risk premium is 7 percent, and the risk-free rate is 4 percent. Calculate the beta and standard deviation for both stocks Also include which one has more systematic risk, and which is riskier?

Consider the following information on Stocks I and II: State of Economy Probability of State of...

Consider the following information on Stocks I and II: State of Economy Probability of State of Economy Rate of Return if State Occurs Stock I Stock II Recession .22 .055 −.27 Normal .67 .355 .19 Irrational exuberance .11 .215 .47 The market risk premium is 11.7 percent, and the risk-free rate is 4.7 percent. Requirement 1: (a) Calculate the beta and standard deviation of Stock I. (Do not round intermediate calculations. Enter the standard deviation as a percentage. Round your...

Consider the following information on Stocks I and II: State of Economy Probability of State of...

Consider the following information on Stocks I and II: State of Economy Probability of State of Economy Rate of Return if State Occurs Stock I Stock II Recession .24 .030 −.34 Normal .59 .340 .26 Irrational exuberance .17 .200 .44 The market risk premium is 11.4 percent, and the risk-free rate is 4.4 percent. Requirement 1: (a) Calculate the beta and standard deviation of Stock I. (Do not round intermediate calculations. Enter the standard deviation as a percentage. Round your...

Consider the following information about Stocks I and II: State of Economy Probability of state of...

Consider the following information about Stocks I and II: State of Economy Probability of state of economy Stock 1 Stock 2 Recession 0.28 0.05 -0.20 Normal 0.53 0.17 0.07 Irrational Exuberance 0.19 0.06 0.40 The market risk premium is 8 percent, and the risk-free rate is 2 percent. The standard deviation on Stock 1's return is ________ percent, and the Stock 1 beta is _________. The standard deviation on Stock 2's return is ________ percent, and the Stock 2 beta...

Subjects