Reference no: EM133082158
Question: FISCAL POLICY ASSIGNMENT INSTRUCTIONS
OVERVIEW One of the tools available to influence the well-being of the economy fiscal policy. The federal government may utilize fiscal policy as an expansionary or contractionary action, depending on the goal of the policy. In this assignment you will investigate specific fiscal policy initiatives taken during the Coronavirus pandemic in the United States and recognize the effects of the policy on economic output, the labor market, and the federal debt.
INSTRUCTION: During the Coronavirus pandemic, the United States launched many fiscal policy initiatives to stabilize and grow the United States economy. For this assignment, complete the following in paragraph form:
1. Define fiscal policy and explain whether the government should implement an expansionary or contractionary fiscal policy during the pandemic.
2. Identify one of the fiscal policy initiatives implemented at the federal level during the pandemic. Describe the program: What was it? What was it designed to do? How large or a program was it? Use outside research from The Wall Street Journal or another newspaper from 2020 or 2021 to support your assertions.
3. Was this program designed to impact economic output, the labor market, or both? Explain.
4. What were the costs associated with this program? How did it effect the amount of the Federal Debt? Response should be a minimum of 300 words and include at least one outside source in addition to the text. Provide a reference list in APA format.
|
Explain one thing happening right now in canada
: Name and explain one thing happening right now in Canada that is a trend related to your readings about labour markets? Give an example like a statistic or is i
|
|
Calculate expected return-variance and standard deviation
: For the following returns, calculate the Expected Return, Variance and Standard deviation
|
|
People care about real interest rates
: Comment on this statement: "People care about real interest rates, not nominal rates. Therefore, money demand should depend on the difference between the real r
|
|
What is the likely cycle that follows
: If firms produce more goods and services (GDP) than households wish to purchase, what happens the unpurchased goods (where would these goods be recorded)?
|
|
Implement an expansionary or contractionary fiscal policy
: Define fiscal policy and explain whether the government should implement an expansionary or contractionary fiscal policy during the pandemic
|
|
Requirements for textron new erp system
: List and describe the major information requirements for Textron's new ERP system. 13-16 Was Oracle Enterprise Cloud a good solution for Textron? Explain your a
|
|
Calculate the capitalized cost of investment
: You have the opportunity to make an investment of $ 18,514 in a fully depreciable project, which will produce a uniform annual income of $ 8,180 for the first y
|
|
What are coffee and tea
: Suppose the price of a two-pound coffee beans has recently increased to P1,200 per pack. Before the price increase, Marien used to buy one and a half pack of co
|
|
What are the major non-tariff trade barriers
: In the past two decades, nontariff trade barriers have gained importance as protectionist devices. What are the major non-tariff trade barriers?
|