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Inflation, Unemployment, and the Fed (Example)

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Name Instructor Course Date Economy and the Role of the Federal Reserve A stable economy of a country is a great benefit to the citizens and that allow them to enjoy the best services and make them anticipate for employment. The Federal Reserve plays a vital role in maintaining a stable economy. According to Hall real gross domestic product (real GDP) is an economic measure of the value of output against the price changes which include either inflation or deflation (Hall 245-257). The former means the rise in the price level of goods and services in an economy expressed in a base-year economy. For instance when there is an increase in the price level of goods and services less currency They give comprehensive solution to every challenge that might be a threat to the economy. Therefore there should be moderation when the Fed is applying the contractionary fiscal policies and expansionary fiscal policies for the betterment of the citizens. Works Cited Hall Alan. "Real Gross Domestic Product and the Terms Of Trade." Australian Economic Review 44.3 (2011): 245-257. Web. Moffitt Richard. "Unemployment Benefits and Unemployment." IZAWOL (2014): n. pag. Web. M.Woodside Joseph. "Managing It Innovation: Recessionary and Post-Recessionary Service and Staffing Models." IJMIT 5.6 (2013): 1-8. Web. Appelbaum Binyamin. "Fed Chairman Defends Stimulus Efforts." 2016. Web. 9 Sept. 2016. Sivy Michael. "What Happens When The Fed Really Does Run Out Of Ammunition?" 2016. Web. 9 Sept. 2016. [...]

Order Description:

Write a briefing that explains to Mr. Politico the important background concepts in a way that someone without knowledge of economics can understand. Structure your briefing in the following way: Begin by explaining the background concepts of: real GDP inflation unemployment Explain the concepts of aggregate supply and aggregate demand, including recessionary and inflationary gaps. Explain what the Fed does. Use the background concepts in your explanation. What is the Fed’s “dual mandate”? What tools does the Fed use to achieve its goals? What happens when the Fed pursues an expansionary or contractionary policy? To provide Mr. Politico with two specific examples of how the Fed works, summarize the two news articles. For each, explain the main ideas presented, the evidence given for these ideas, and the conclusions. Throughout the briefing, you will need to translate any economics jargon into simple, clear language for Mr. Politico. Look up any concepts that you don’t understand to help your analysis and be sure to use your own words as you write this briefing.

Subject Area: Economics

Document Type: Reports

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $20

Words 550

Pages 2

Completed in 4 days

Expert Kenny K

Client Review

Awesome, was able to do revisions and get back to me in a great timely manner.


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