This file comprises ECO 372 Week 5 Learning Team Fiscal Policy Paper General Questions - General General Questions Discuss within your Learning Team how and why the U.S.’s deficit‚ surplus and debt have an effect on the following: · Tax payers · Future Social Security and Medicare users · Unemployed individuals · University of Phoenix student · The United State’s financial reputation on an international level · A domestic automotive manufacturing (exporter)
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My name is Justin James Petner I am 15‚ and I was born on October 6‚ 1997 to my parents James and Christina Petner. I was born in San Diego‚ California‚ and lived there for a very brief time because my father accepted a job‚ which relocated us to Indiana. Upon arriving in Indiana it was just a few short years later that I was attending junior kindergarten at Forest Ridge Academy in Schererville‚ Indiana. Forest Ridge Academy is a private school‚ which host classes from junior kindergarten through
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References: The Complete Idiot ’s Guide to Economics © 2003 by Tom Gorma Retrieved on February 27‚ 2012 http://www.infoplease.com/cig/economics/effect-imports-exports-gdp.html Herron‚ J.‚ Oil Surplus Seen if Recession Re-emerges‚(August 11‚2011) Retrieved on February 27‚ 2012‚ http://online.wsj.com/article/SB10001424053111903918104576499640733192116
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The current state of the US macroeconomy is not as strong as it has been in the past. The cost of living is high‚ imports are high‚ and the overall economy is suffering. Businesses are suffering because it is cheaper to import goods than it is to produce them in the US. With this in effect‚ the GDP is suffering as well. Even with the tariffs and quotas that the government has put on these items coming into the country‚ it is still cheaper to purchase from overseas. The macroeconomy of the US is suffering
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Fundamentals of Macroeconomics ECO/372 By Nicole Noyce July 28‚ 2013 Dr. Samule Onipede In order to understand what is going on with the United States economy you must understand some important terms that are part of the economic language. You also need to understand how certain activities in your everyday life have an overall effect on the economy. Placing the puzzle pieces of what makes up the economy and what effects the economy will help one to understand how to react in certain situations
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Leadership and Power LDR/300 October 20‚ 2013 Shawn Lynam Leadership and power paper 1. We have described power as the capacity to cause change and influence the degree of actual change in a targets behavior. Ho Ching’s power as a leader has been recognized by many but would you describe Ho Ching as an influential leader? Why? Ho Ching could be viewed as an influential leader by the way she is recognized in the text. She was ranked 18th for Asia’s Most Powerful Business People and was ranked
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The NAFCU site is a very useful site to use when trying to forecast economic trends and data. With this site you are able to research credit union data and trends. This can be very useful because credit unions are one of the largest banking systems in the United States. If you are able to see trends from these banks then you can better forecast the trends in the economy because they are a large part of the economy. Datatrac’s website is useful because it shows you a comparison of retail loans and
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Fundamentals of Macroeconomics Paper Kimberly Lincoln ECO/372 June 29‚ 2015 Dr. Bob Larkin Fundamentals of Macroeconomics Paper In this paper we will discuss the following common macroeconomic activities: purchasing of groceries‚ massive layoff of employees‚ and decrease in taxes. We will look closely at how each of these activities affects government‚ households‚ and businesses. Then take a look at the flow of resources from one entity to another according to this week’s reading‚ Figure 3-1 from
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Economic Critique Team C Augusta Gose‚ Rudy Burns‚ Steven Delgado ECO/372 March 4‚ 2013 Laurence Hagan Economic Critique The United States current economic status has improved from 2010 to 2012‚ as far as‚ unemployment rates‚ consumer income‚ and (lower) interest rates are concerned. When we examine the Gross Domestic Product‚ we are continuing to increase the United States debts. In 2009‚ the United States estimated GDP (purchasing power parity) was $14.38 trillion‚ which increased $0.44 trillion
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ECO/372 Week 3 Knowledge Check – Quiz Quiz Questions with 100% Correct Answers: 1. If you expect interest rates to rise‚ you will want to be holding 2. The interest rate is the price paid for the use of a 3. Which of the following do policy makers tend to target when setting monetary policy? 4. If the Federal Reserve reduced its reserve requirement from 6.5 percent to 5 percent‚ this policy would most likely 5. If banks hold excess reserves whereas before they did not‚ the money multiplier 6. The
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