United States Economy
The Fiscal and Monetary Policy and Economic Fluctuations
Write a three (3) page paper in which you:
- Discuss the current economic situation in the U.S. as compared to five (5) years ago. Include interest rates, inflation, and unemployment rate in your explanation.
- Explain the changes in interest rates, inflation, and unemployment rates that your research yielded. Explain one reason for each of the changes in interest rates, inflation, and unemployment rates that you identified in Question 1.
- Identify two (2) strategies based on fiscal and monetary policy that would encourage people to spend money in order to create economic growth.
- Explain how the two (2) strategies that you identified in Question 3 could affect the unemployment, inflation, and interest rates.
- Use at least three (3) quality resources in this assignment.
Your assignment must follow these formatting requirements:
- Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
- Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
- Analyze imperfectly competitive markets – monopoly, monopolistic competition, and oligopoly – to understand their profit-maximizing decisions.
- Explain the factors and mechanisms of growth.
- Explain how governments use monetary and fiscal policy to manage the economy.
- Use technology and information resources to research issues in principles of economics.
- Write clearly and concisely about principles of economics using proper writing mechanics.
grading rubric:Thoroughly discussed the current economic situation in the U.S. as compared to five (5) years ago and thoroughly included interest rates, inflation, and unemployment rate in your explanation.
Thoroughly explained the changes in interest rates, inflation, and unemployment rates that your research yielded and thoroughly explained one (1) reason for each of the changes in interest rates, inflation, and unemployment rates that you identified in Question 1.
Thoroughly identified two (2) strategies based on fiscal and monetary policy that would encourage people to spend money in order to create economic growth.
Thoroughly explained how the two (2) strategies that you identified in Question 3 could affect the unemployment, inflation, and interest rates.
Exceeds number of required references; all references high quality choices.
United States Economy is, and for many years has been, the largest single national economy in the world. The gross domestic product for the United States was estimated in December last year to be $17.1 trillion. This value is almost a quarter of the global nominal GDP. The US economy has largely remained stable despite a few changes that have occurred in the recent years. We look at different aspects of the US economy like interest rates, inflation and employment and then we discuss the changes that have occurred in this area over the past five years.
The rate at which a borrower or debtor pays interest for the money………………
