Posted: July 20th, 2024

Assignment 1: Economic Policies and Practices

Assignment 1: Economic Policies and Practices
The policies of the federal government influence the outcomes of
the various activities in that economy. When government policies change
or unplanned events occur, the resulting economic events or activity will
usually change. Listed below are several policies or events that affect
the performance of the economy:
1.
The federal government employs a budget plan over several fiscal
years that results in significant increases in the national debt, with no
relief or plans to deal with the problem.
2.
The federal government enacts new tariffs and quotas on all
imports.
3.
The general public loses confidence in their leadership, in terms
of their ability to manage the economy, especially in the area of job creation.
4.
The federal government, in an effort to stimulate the economy,
decreases taxes on all individuals except those earning over $250,000 per year.
5.
The level of investment decreases because of a lack of confidence
in the economy.
6.
Interest rates are kept artificially low by the Federal Reserve
for several years.
Required:
For each of the items above, describe what would be the likely
outcomes in the economy. Use the appropriate tools of analysis, such as
aggregate demand and aggregate supply where appropriate, to justify and explain
your answer.
Deliverables:
1.
Submit an 3-6 page paper in Microsoft Word format, to the W5:
Assignment 1 Dropbox by Saturday, June 15, 2013, addressing the
above-noted items.
2.
Create a Microsoft PowerPoint presentation of 5-10 slides that summarizes
your findings in your report. Post your presentation in the Assignment 1 Discussion
Area by Saturday, June 15, 2013.
3.
Comment on at least two other presentations and identify the
strengths and weaknesses of each.
Name your documents SU_ECO2072_W5_A1_LastName_FirstInitial.
All submissions must be original and all resources must be
acknowledged.
Principles of Economics
Mankiw ,
Mankiw
(02/15/2011). Principles of Economics, 6th ed. (Mankiw) [6] (VitalSourceBookshelf),
Retrievedfromhttp://digitalbookshelf. Southuniversity.edu/books/9781133890805/id/ch01l

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