Spending College Essays Samples For Students

This article analyses the changing nature of the federal government. Initially, the federal state was a concern in the provision of goods and services to the US citizens, but there has been a drastic change away from this role. The spending on goods and services provisions used to compose a huge amount of the federal government spending, in comparison with the proportion used on entitlement's spending. According to the article, the federal state has shifted away this composition from the previous function over time, and it has drifted towards increasing entitlement's payments to the households. (Taylor, pr.1)
Jessica Perez, ...

Moreover, with a GDP growth rate of 8 percept as per 2012 china consumers are experiencing a boom in their income earning (Lardy, 2012). As a result, many consumers are moving from rural areas to urban areas. This implies that there will be increased consumer spending since in urban areas their enough goods and services which are not present in rural areas. There will be increased spending on transport and housing services. Holistically, there will be a decrease in saving among the China consumers since the living conditions will warrant them to spend more each day. Therefore, future economic ...

Entitlement Spending in Historical Perspective

1). The composition of the government spending has changed remarkably since the 1960s. It can, however, be analyzed from the fact that the government spending on the investment was about 2.5 times more than the entitlements, but now the entitlement spending is more and is abort 3 time more than the investments. In the 1960s, there were only 15% entitlement spending, but now it accounts for half or more of all the federal spending. It is estimated that the increase in the entitlement spending will continue in the future with the retirement of the Baby Boomers. The entitlement spending ...

Following the American Psychological Association’s Guidelines

Recessions and Recovery Strategies
Economies are alive organizations which sometimes gets problems similar to our bodies. As we grow up and develop, we catch some sicknesses and similar to us, economies also grows up and sometimes they face some crisis and recessions. During recessions, consumption level and income level of people decreases and economy slows down. In a slow economy, investors do not prefer to make new investments and even during a severe recession, they might stop their all investments in the economy. As we know, economies have a cycle and when it slows down all parts in the ...

INTRODUCTION

Economies these days face the challenges and combat with the rising inflation continuously. The structure of the macroeconomic policy encourages the economic growth. The tools used for the stability of the economy are in some of the cases referred to as the expansionary economic policy. The fiscal and the monetary decisions of the economy determine the policies which end recession. These policies are usually formed by the central banks which determine the increasing or the decreasing money supply. The expansionary policy is considered as an effective tool for managing the low growth periods which arise in the business cycle. ...

ABSTRACT 3

INTRODUCTION
Background 4
Information Sources 4
Limitations 4
ANALYSIS
Presidential Election and the Economy 5
CONCLUSION
Summary and Interpretation of Findings 12

REFERENCES 13

Abstract
This paper presents an analysis of the article entitled The Growth Recession of 2012 and the Presidential Election published by Forbes.com in October 2012. The purpose of the paper is to present a recently published article and provide an analysis in light of the principles and theories of economics.
The discussion involves the analysis of a recent article by relating it to the theories and principles of Economics specifically focusing on Macroeconomics. In particular, in is ...

Sequestration and the Government Shutdown of October 2013

Sequestration is a budgetary process in the United States under which limits on the federal budget are imposed. The process of sequestration involves setting a cap on the amount of spending that the government can undertake at any given period of time. The capping of the government spending is not a blanket one and it targets specific categories of expenditure.
Budgeting in the federal government of the United States is carried out through a process which involves both the executive and the congress. The executive arm of the government prepares a budgetary estimate of expenditures covering a specific period ...

Sequestration refers to the reduction of budgetary costs by the United States federal government. In 2013, the federal government cut spending in particular categories of expenditure. Primarily, the cuts were on account of the Budget Control Act (2011) that were similarly deferred for some period by the American Taxpayers Relief Act (2012) till March when the law was implemented. According to Demaree, sequestration can be described as the practice of reducing obligatory spending in federal government budget (1). These cuts are occasioned when expenditure for the government surpasses the total income the government receives in one financial year (Sequestration ...

I am interested in writing about economic growth. This topic is so timely because the economy of US was reported to grow in the third quarter of this year. The growth in the economy was due to increases in inventories and export, thereby raising the gross domestic product to 2.7% during the third quarter.
Economic growth is a very important indicator of the economy as it signifies increase in the productive capacity of the country over time that leads to increases in national output and income. It is the increase in the total output of a country over time ...

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Economic Indicators and Wal-Mart Strategy
Introduction

Any business entity operates within a specific economic environment that significantly impacts its success and strategies. Thus, it is imperative for any organisation to conduct an in-depth analysis of its economic situation for successful strategy formulation. Economic indicators present a broad overview of an economy’s well-being. They are statistics about specific aspects of an economy, like unemployment rate, gross domestic product, consumer spending and inflation rate. These indicators not only reflect the health of an economy, but also serve as specific inputs to organizations to devise their investing strategy. This process of ...

Question 1

Since the 1960s, the priorities of the federal government have been on a collision course that threatens to destroy public investments. There has been a dramatic expansion of entitlements that started under the great society. Likewise, investments have taken a decreasing share of the federal budget. As the Baby Boomers enter retirement, entitlements are expected to intrude upon an even larger part of the federal dollars reserved for building roads, educating kids and way for technological breakthroughs. This is so because entitlements are an extremely essential part of economic security and without change investments will diminish affecting the ability ...

(Professor Name)

7th, November, 2013
Entitlement Spending Squeezing out Public Investments
Federal Investment is that portion of Federal Budget which promotes national growth by accumulating and enhancing total stock of capital. These kinds of expenditures are intended to yield long term benefits to the economy as a whole. However, over the years, federal policies are more inclined towards providing payments to households in the form of entitlement rather than providing goods and services through Investment Expenditure.
In a poll conducted by Fox News Poll, 73% of the american citizens are not satisfied with their country’s financial position. Th ...

The most recent event in the country that I can think of is the 2012 Presidential Election. What has this to do with the economy?

The most obvious connection between a presidential election and economic activity is that, if the incumbent government is eyeing for a reelection, then pre-election programs include execution of expansionary fiscal policy since such policy (either increase in spending or a tax cut) tend to increase economic growth, reduces unemployment and increases the political support for the politician.
I learned that fiscal policy pertains to discretionary changes in government spending and tax collection with the ...

Introduction

The U.S. is moving ahead on a dangerous budget path. With the current spending and debt already treacherously high, the future debts are expected to rise even higher. It is certainly a serious matter when public debt is expected to reach 90 % of GDP (Boccia). The implications would be severe as the larger debts would increase interest rates, horde private investment and raise price inflation. U.S. policymakers should take lessons from Greece and Japan to avoid a fiscal crisis and economic stagnation that occurs due to public debt overhang. Growing federal debt in U.S. could lead to a sudden ...

How has the composition of government spending changed since the 1960's? Support your answer with examples from the article.

According to Timothy Taylor, government spending has changed since the 1960’s. Back in the 1960’s, government devoted more funds into building various types of capital, therefore, spending more on public investments. However, the composition of government spending has changed since then and according to Taylor, Third Way report predicts that public investments might drop to 5% in a few decades. Taylor reports that the government committed more funds for public investment around 1960’s while locating less funds for entitlements, but government spending has changed in recent times . Back then, entitlements only accounted for 15% of the ...

People spend money for apparently many reasons. We spend money to sustain our daily lives; we spend money for foods, rents and many other bills. Though we predominantly spend money for good reasons, some people in a bid to enlighten their lives extravagantly spend money. Considering that spending money copiously requires one to have a consistent flow of income, the aftermath in the long run has some effects (Charles et al. 45). Though one enjoys the benefits realized from spending money, the repercussion effects of the same are inevitable. Considering that people tend to spend more on the grounds ...

In recent years, there has been an intensive discussion about the United States budget deficit. The economists and various observers have argued that the budget deficit has dire consequences on the United States and other economies around the world. The effects include high interest rates, low rates of economic growth and low savings. This provides the platform for economists and policy makers to find a possible lasting solution to the budget deficit.
Deficit is the difference between receipts, the money the government receives, and the outlays, the money the government spends, per year. The receipts are generated through excise, ...

Introduction

Economy experiences macroeconomic fluctuations over time that affects economic growth. The aggregate output, consumption, investment, net export, and employment may tend to grow over time but then drop suddenly. Economists continue to discern the current condition of the economy and where it is heading so that they can effectively deal with future economic events. Macroeconomic fluctuations mainly involve changes that occur in the demand-side of the economy, which determine the gross domestic product.
GDP= C+I+G+NX
Gross domestic product is never constant, but change due to many reasons like changes in government policies mainly in interest rates ...

IS-LM model also known as the Investment Saving-Liquidity Preference Money supply model is a macroeconomic tool that shows the interrelationship between interest rates and the actual output, in the money market as well as the goods and services market. The point at which the IS and LM curves intersect is known as the general equilibrium. This is an extremely fundamental tool and has been used by different economists in a bid to explain the various macroeconomic concepts that define how activities flow in the goods and services market and monetary market. As a critical tool among monetarists and Keynesians ...

Following the American Psychological Association’s Guidelines

INTRODUCTION
The economy management of the country has two kinds of policies to intervene and regulate the markets in case of market failure: Fiscal policies and Monetary policies. Fiscal policies are the responsibility of the government, and the monetary policies are implemented by the Federal Reserve System (FED). The economic policies can be implemented in two ways: expansionary and contractionary economic policies. Expansionary policies stimulate the economy and expenditures of consumption and investment increases as the result of these policies. Contractionary policies slowdown the economy, and the expenditure level decreases. In this essay, the definitions of the fiscal and ...

Government spending is changing radically based on the fact that public investments are being squeezed out by the entitlements of the retiring baby boomers. Investment spending in the year 1992 was two and a half times the spending on entitlements. Baby boomers benefits have grown faster than inflation and wages and as a result the spending on entitlements is now three times that of investments. This is evident from the proposed US budget where three-quarters of payment for mandatory spending was from the social security fund – an entity of entitlements.
National debt refers to the amount of money the ...

THE ROLE OF GOVERNMENT IN A MARKET ECONOMY

Introduction 2
What is Different Happened in 2008? 3
The Monetary Policy’s Contribution 6
Looking for Guilty Agents or Guilty Ideas in the Economies 7
An Important Example for the Developing Countries: the Egyptian Economy? 8
Conclusion 9

References 12

THE ROLE OF GOVERNMENT IN A MARKET ECONOMY
Introduction
The first economist believed in the full competition. Adam Smith expressed that there is a perfect system in the economy similar to the perfect system in the universe. As the God does not intervene the system in the universe after the creation, the state or any other power should not intervene ...

Equilibrium and Economic Policies

Of the both policies, the Tax Reduction is better policy as it stimulates the economy in a better way than government spending. Although there are number of reasons for my acceptance of policy of tax reduction. However, before coming to a conclusion we will be discussing below employment level output and then will evaluate the given policies to correct them.
When an economy is operating under below potential GDP level in such case it is said to be operating at Below Full Employment Equilibrium. It is a macroeconomic concept where an economy’s short run gross domestic level is ...

ABSTRACT 3

INTRODUCTION
Background 4
Information Sources 4
Limitations 4
ANALYSIS
Quantitative Easing 5
Third Round of Quantitative Easing 7
Fiscal Cliff 8
European Debt Crisis 9
CONCLUSION 12

REFERENCES 13

Abstract
In is an analysis of the government’s role in the economy is presented. The articles from Economist.com namely, The Federal Reserve launches QE3 and The ECBs Bond-Buying Plan were analyzed in light of the theories and principles in Economics.
The themes of the two articles focused on the two Central Banks’ (the Federal Reserve and the European Central Bank) attempts to stimulate their respective economies through the use of ‘unconventional’ ...

Question 1

The federal reserve bank is a major institution in the American’s economy and society designed to offer financial stability by maintaining currency flexibility. The Fed as consistently played a significant role in the Untied States economy and monetary policy since its establishment. The Fed established in 1913, therefore, its the roles and regulations go back only to the early years of the 20th century. For instance, the Fed came into play when a harsh economic crisis started in 2008. During this period the GDP shrank, unemployment increased and millions of Americans were worried about their futures. It was ...

Personal Finance: Creating a Budget

I thought that it would be a simple and straightforward thing to prepare my personal budget. While it was easy to register the monthly income and estimating other categories of income, computing the expenses was the most challenging thing (Freeman and Media, 2014). I had to review my budget several times before I was satisfied with the final budget. After entering the monthly income from my monthly salary and other expected incomes from parents and relatives, I started thinking of the items that involve fixed costs for instance, house rent, education loan, car insurance and the rest. Expenses of ...

Abstract

Welfare is to provide the minimum level of the well-being as well as the social support to all the citizens. Welfare is also sometimes called the public aid. However, provision of the welfare in most of the developed countries is the duty of the government to a larger extent, and it is also provided by the religious groups, informal groups of the society, charities, and the intergovernmental institutions to a lesser extent. Additionally, welfare is also considered as the quality of the standard of living and the prosperity level in the society.

Introduction

Economically, the welfare of the population can ...

HOW HAS THE COMPOSITION OF GOVERNMENT SPENDING CHANGED SINCE THE 1960'S? SUPPORT YOUR ANSWER WITH EXAMPLES FROM THE ARTICLE.

During the 1960s, nearly a third of the entire government expenditure accrued to the development of various forms of capital within the economy. Currently, nearly half of the share of that federal spending goes to capital development. According to a report by Third Way, the prediction is that spending in public spending may reach just 5 percent of federal government spending in the next few decades. In 1962, the expenditure on investments was 2.5 times the amount spent on investments (Taylor 1). On the contrary, spending on entitlements is thrice the amount spent on investment because of the Great ...

Introduction

The American economy has been facing serious challenges most notably the recession and the property crash witnessed in 2008. As Salaam (2012) asserts, the American economy was already on the decline way before the 2008 crash. He suggests that the recession began way back in 2000 and most notably in 2007, but the country was spared the pains by the unsustainable boom in property sector. When the slump hit in 2008, the country was least prepared for it.
This slump has persisted to this day. VCU (2014) concedes to this fact saying that the recession has resulted to a ...

In 1929, the great depressions lead to failure and collapse of the Wall Street. The decline in the value of stocks in the stock market coupled with the failure of the financial institutions brought the American economy to its knees. The economy faced the worst level of unemployment where industries laid off massive number of workers to cut down on the total costs. The depression begun in the late 1920’s during Hebert Hoover’s reign as the United State’s president. This saw the election of Franklin D. Roosevelt as the president to succeed him and guide the ...

1. Discuss Bonneau's findings in What Price Justice?

In "What Price Justice(s)? Understanding Campaign Spending in State Supreme Court Elections," Chris W. Bonneau discusses campaign spending for elections to State Supreme Court, indicating the varying factors that lead to the often wildly different spending budgets for each of these candidates. Depending on the campaign, state supreme court races will often involve a lot of campaign spending, given the circumstances. Bonneau's study is conducted to determine what exactly fuels this campaign spending for these positions.

In his findings, Bonneau determines that "state supreme court campaign spending is driven ...

Introduction

Football is the blood sport for the European people. Since last fifty years it is a part of the national affairs for some countries in Europe. The principle ways of competition among these countries is the domestic leagues that took place on a frequent basis. As compare to other countries, only few people of other countries outside Europe use to know about football because international football was not that much famous at the beginning of the era. But with globalization and cultural mix, football started spreading at a high pace all over the world. This is due to the ...

Economics

The European countries are facing lower growth rates, just as they faced in history. The austerity measures have brought pain to the euro zone, and these measures provided no relief. The euro zone countries are reducing their spending by the double digits. Such reduction is increasing unemployment in Europe. The eurozone countries are trying to find the possible ways that are suitable for countries that are stagnant economically for the prosperity of the countries. In order to achieve the better growth for the economies, the countries are adopting austerity. Austerity is the intentional deflation of the domestic prices and ...

Introduction

Lately, the United States has been trending on a wrong path occasioned by their current budgetary hurdles. The current federal spending and debts are considered to be too high that it will take numerous generations to clear the debt. This is further complicated by the projections given on future spending and debts. The spending and debts are projected to rise by more than two-fold, largely due to increased entitlement spending. It is, therefore, clear that the current American economy will lead to the stagnation of future generations. A variety of academic research has pointed to the likelihood of the ...

The entire and main course of vision of the United States (US) department of Human Health Services (HHS) is basically to ensure that the live of the American people would have been spent effectively, healthy and successful as well. HHS is held responsible for providing health case care and facilities to the seniors and child care in total in order to protect and keep up the pace of good effective and healthy. With effectively diseases could also be controlled effectively with the help of protection based stance. The government has appropriated a total amount known as funds to HSS ...

Business Cycles have a tendency to follow political cycles closely

Introduction
A business can be defined as an activity one undertakes with a view of making profits. A business may also refer to an enterprise that is involved in trading of goods and services for commercial purposes. A business may be privately owned or owned by a group of individual thus making it a company or even stat owned. There are different types of business in existence nowadays and they include; sole proprietorship, partnership, corporations and cooperative. There are also different classes of business for example; agriculture, mining, financial, informational, real estate, service, retailers and transportation among many others ( ...

- Reasons for asserting that the number one economic problem is the federal deficit
Large fiscal deficits in recent years have resulted in rising interest rates and as a result an increase in the cost of borrowing as creditors begins to doubt America’s ability to pay up its loans. High interest rates have also slowed down growth in key sectors like construction, banking and insurance making the journey to economic recovery a distant dream.
If the government goes on borrowing to cater for the fiscal deficit, it will drive up interest rates and this will compel private companies ...

INTRODUCTION:

The report has been conducted to analyze the current scenario of the public and private spending on higher education in Australia. The sources of public and private spending have been discussed in the report to analyze the contribution of both the programs in the economy. The arguments have been generated to analyze the advantages and disadvantages of the government spending on the higher education. On the basis of arguments, it has been analyzed whether the existing schemes by the government are feasible or not. In the end conclusion has been presented.

NATURE OF PUBLIC AND PRIVATE SPENDING IN AUSTRALIA ON HIGHER EDUCATION:

Public spending:
There are four ways by which ...

Question 1

What are the three major categories of revenues for the federal government?
The different kinds of taxes imposed by the federal government allow it to raise trillions of dollars in tax revenues (Tax Policy Center, 2013). The trillion in dollar revenues raised by the federal government come from three major sources; individual income taxes, payroll taxes and corporate income taxes. Major sources of revenue accounts for 46 percent from individual income taxes, 34 percent from payroll taxes and 11 percent corporate income taxes (National Priorities, 2013a).

The three categories of revenues for the federal government are as follows;

- Individual Taxes
Individual taxes are the most prominent category of revenue for ...

Behavior and Techniques of Financially Responsible People
Introduction
It has become important for people to learn the basic tenets of financial responsibility for surviving the fast-paced and turbulent nature of life. Indeed, money is essential for providing material solutions to particular problems, yet the difficulty in earning and growing it has daunted many. Those fortunate enough to have the means to earn money must learn and acquire the characteristics that make people financially responsible. Learning how to allocate finances effectively enables independence from financial problems and practicality in terms of using money. Herein are some behavior and ...

Introduction: History of the National Debt

A debt crisis is a national problem of countries with regards to their ability to repay borrowed funds. It deals with national economies, national finances or budget and international loans. The meaning of a "debt crisis" has changed over time. The main definition comes from the main financial institutions such as Standard and Poor's or the International Monetary Fund (IMF). Basically, a debt crisis is defined as an occurrence where a national government cannot pay its debts and it the process, asks some assistance (Zuckerman, 2011).

The US national debt represents an "existential threat" to its federal finances. It ...

According to Twopeopleonefuture (2012) the war between Israel and Palestine has continued to affect the two countries in a negative trajectory which has seen the United States suffer huge economic losses through the aid mounted by the government. The campaign run in the US and other global cities through the various social media and media platforms originates on the basis of trying to get the military presence and aid of the American troupes out of Israel and Palestine. Twopeopleonefuture (2012) observes that it is done with the intention of pushing for a more conscious approach on the aid that ...

John Maynard Keynes is considered one of the greatest economists of the 20th century. He wrote the General Theory of Employment Interest and Money. Sheehan considers it the most important contribution to economists in recent history. He proposed policy prescriptions for saving the capitalist system from both the scourge of communism and saved it from itself. His contribution aided in driving policy after the Great Depression and the economic downturn of the 1930s. He furthered the idea that the free-market had no solutions to the sustained economic downturn. The old ways of reducing interest rates and old policy prescriptions ...

Institutions:

Introduction
Aging comes with changes in ability to generate income and an increase in expenditures. That owes to the reduced ability to work and increased need of care. In that respect, the elderly needs sustainable sources of income that can substitute the active employment or work earnings as well as cater for the increased expenditure. In that view, this report presents an analysis of the old adult’s income sources expenditure and impact on the society as well as ways of improving their economic status. To achieve the objective, the report begins with a summary of the sources of ...

Abstract

The use and interpretation of economic policies are fundamental to the formulation of strategic plans and courses of action. Economists and policy makers play a vital role in executing this important analytic and interpretive task. Keynesian and monetary schools of thoughts are some of the important alternatives applied in making economic decisions.
Monetarists believe that government involvement in controlling the level of aggregate demand in the economy is counterproductive in the long run. In its stead, they propose that the best way the government can control unemployment and inflation levels is by the use of monetary policies. Monetary policies ...

Members of the National Commission on Fiscal Responsibility and Reform of the United States of America have studied the economic downturn experienced by American families for a long time. They defined the reality of the problem and proposed a solution. They noted that the solution would be difficult and painful. The members consist of people with diverse backgrounds and signify diverse areas sharing a united principle that America’s long-standing financial fissure is indefensible. If the problem continues, the future generation will suffer inevitable poverty in a weak nation.
The moment of truth is a document that tackles the ...

The budget of the country or an organization is the difference between the money the country receives and the money it spends. The budget of a country reflects the country’s financial status. Budget review is the process of evaluating and assessing budget so that it can articulate with the current economic reality of the country (Mayer, 2002). This essay is a summary of a budget simulation exercise that I conducted. The aim of the budget simulation exercise was to examine whether one is capable of stabilizing the national budget at 60% of the GDP.

CHOICES and REASONS

- Reduce troop levels ...

Healthcare is an important perspective for any given nation. The government needs to frame policies and provide necessary funding to provide quality healthcare services to the people of that nation. There could be both public and private sectors associated with a given healthcare industry in that nation. However, we would like to focus upon the spending of an individual toward the healthcare. Today, man has turned more conscious. Hence, we can find, each of the developed countries spending nearly 8-17% of their Gross National Product on health care (Kocher, Emanuel, & DeParle, 2010). We can assume that, it is a ...

Expansionary Fiscal Policy

Fiscal Policy refers to the federal government use of spending and taxation to meet the macroeconomics goals. At the time of recessionary periods, the federal government, in order to smooth the economic cycles, reduce the taxes and increase the government spending g. Important to note that each of these measures has an important effect on the aggregated demand, GDP and employment and the same is discussed below:

Effect of reduced rates of Taxes:

As a general phenomenon, income taxes reduce the incentive to work by creating a tax wedge between pre-tax and after-tax wages. Thus, at the time of the recessionary period, the federal government ...

Austerity

a). The current deficit panic and the debt, which are associated with recession has created an alarming situation in most of the countries, and threatened the economies of countries. They are however, a staple of the politics of several countries. In order to cope with the problem of fiscal deficit, and debt, the governments of many countries are adopting austerity measures. The republicans are demanding cuts and the Democrats are demanding cuts, and an increase in the tax. But, as a matter of fact, the budget cuts are not the right thing to do at such moments. In this ...

The Great Depression

Introduction:
The Great Depression was the longest ever depression felt by the Western World as it spread from December 1929 and lasted till 1939. Although it originated in the United States, but its ill effects were spread around the globe in the form of low production numbers, increased unemployment rates and high deflation rates. In this paper, we will focus on the factors that lead to the Great Depression and will also look for the real reason that forced it to continue for 10 long years.

Causes of Great Depression:

Stock Market Crash
The roots of the Great Depression were laid while early ...

This was an economic downturn began in 1929 and continued until about 1939. The depression was the most severe ever experienced by the developed Western world. Though the Depression started in the United States, it gave rise to drastic declines in output, acute deflation and severe unemployment in almost every country of the world.

Introduction

In the U.S, the Great Depression started in 1929. The downturn became evidently worse in late 1929 until early 1933. Actual prices and output fell precipitously. Between the trough as well as the peak of the downturn, real GDP in the United States fell 30 ...

Introduction

India government spending has been increasing over years. Currently the country is experiencing a budget deficit of 4.3% of gross domestic product. Sizeable amount of the deficit is financed by borrowing internally, however considerable amount is also borrowed externally. The high budget deficit is attributable to increased spending on direct cash subsidies and weak economic growth outlook which does not allow the government to increase tax. The subsidies which have lately been increased are petroleum and food subsidies. On the other hand, the weak economic performance has been attributed to decreasing external and internal demand of India’s goods ...

Introduction

The movie I.O.U.S.A brought to the attention of America the consequences of their national debt and the need for the government of the US to show some more financial responsibility. Most of the Americans and their elected officials are aware of the financial challenges facing the US it is upon them to act before the situation worsens. I.O.U.S.A was produced to focus on the solutions to the financial crisis that the nation is facing. It has a discussion panel with professionals from a range of view points spanning across different generations.
i. How are consumers' short-term actions creating ...

Government spending refers to the money and resources that the government uses to cater for basic but essential national goods and services. Ideally, government spending can either be investment or consumption oriented. They include defense, education, health and infrastructure among other services. In the United States, there has been a gradual development in the rate at which government spending has been carried out since1960 (Siu par 8). First, education has taken a rising pace through which government spends to facilitate the development of education. Ideally, the proportion of the GDP was rated to be apportioned by 0.20% that has ...

Section A: Plan of Investigation

Most of the people in the current generation believe that war and essentially investing in the military is good for the economy. This is quite contrary to public acknowledgement and comprehension of the costs involved in case a war takes place. World War II disrupted a lot of systems the world over; America not being an exemption. This paper seeks to elucidate on the extent of damage the American was subjected to as a result of the war. Focus will be given to the macroeconomic implications of U.S policies as a result of the conflict. To achieve a sound ...

Budgeting

- The Make Way Foundation

Why the Funding of the Children’s Summer Expense Project was Overlooked

Fund management is critical especially for non-profit or charity organizations with limited resources, and dependent on private or public donations. Competing priorities could lead to misallocation of funds. In the case of Children’s Summer Expense Project, its omission in the Foundation’s list of priorities could be one of the reasons why funding was insufficient. In many cases, programs to be funded are based on how strong their proponents are in advocating for their cause(s). If a program has no assigned proponent to lobby for its full financial support, it will be ...

Abstract

This paper explores the main macroeconomic indicators and gives the overall assessment of U.S. economy. We have overviewed the U.S. GDP growth, the rate of inflation and unemployment rate. We have identified the U.S. economy’s stage of business cycle. Based on the analyzed data, we have suggested the possible fiscal and monetary decisions that can facilitate economic revival. We have examined the main factors that can improve net trade balance. We have prepared the economic forecast for the following year based on the decisions made in terms of fiscal, monetary and trade policies.
Keywords: GDP, macroeconomic, inflation, unemployment, ...

Introduction

The most efficient mechanisms to offer services and goods are the markets. Nonetheless, markets are not essentially the best means to distribute everything. All the markets need some form of regulation. As a result, a government-run court system ought to be present in all the legal markets to enforce legal contracts. A number of individuals argue that a free market mechanism distributes healthcare most efficiently whereas others disagree arguing that healthcare should be privatized. In fact, a number of people always claim that healthcare ought to be more private than public. The debate about healthcare raises the question of ...

Abstract

John Maynard Keynes was one of the most celebrated economists of his times. His propositions on economics were immensely popular and were subsequently applied by governments in policy formulations. The various economic concepts of multiplier effect, circular flow of money, IS curves, general theory of income, employment and prices, deficit financing are subject matters of immense study and are still applied, modified and criticised by modern day economists. In order to better explain Keynesian concepts, an entire branch of economics, econometrics has been evolved by later economists. This paper will try to find out the extensive work done by ...