U.S ECONOMY – Copy

Name: Tutor: Economics 8 November 2015 Economic situation in U.S Current economic situation in U.S is demanding; the current macroeconomic state has been termed the worst and unstable. Different researchers and analysts have proved beyond any doubt that due to slow economic activities growth of the economy is always hampered with clear indications from corporate profits, GDP and unemployment, and inflation rising slightly higher. Countries that have recently fallen into economic instability employ monetary and fiscal policies by increasing money supply into the system through loosening of monetary policies. Reducing taxation while increasing government spending is also a concrete solution used...

dangers of oil drilling in ANWR and benefits of rewenable resources

Name: Instructor: Course: Date: The arctic national wildlife refuge is a sanctuary for wildlife, for a decade of years it has been the sources of argument due to the issue of oil drilling. The arctic national wildlife refuge is found in the North Slope area of Alaska in United States, which is the protected area, intended for forest without human interference and a home for many animals. Oil drilling in Arctic wildlife refuge shortens the life spurn of many species due to pollution that increase the risks of global warming; this reduces the number of tourist in the area (Hahn 45). Thus reduction in tourism, reduces the economy in the country and steady increase price of the gas in the area....

Q

Name Class Prof Date Q.1 a) A labor market consists of the buying and selling of labor. Thus, it consists of all the people willing to work and all the firms/organizations that are looking to hire a worker. As long as there is a supply of a good and a demand for a good a market will exist. Thus as long as there are people looking to trade their labor services for wages and there are firms that seek to hire people a labor market will exist. b) The normal concepts of supply and demand must be altered when we look at labor markets where the demand for labor is highly heterogeneous; that is firms are looking for very particular skills that most don’t have. When very particular skills are...

Supply and Demand on Oil

Name: Instructor’s Name: Course: Date: Supply And Demand on Oil Introduction The oil sector, with its past of prosperity and failure, is currently on a sharp downturn. The earnings are very low even for companies that have registered “record profits” in the recent past in the oil industry. This sharp drop in prices has forced the companies to withdraw more than 50% of their oil rigs and drastically cut down on the investments they make oil exploration and manufacture (“U.S. Energy” n.pag.). Approximately 200,000 workers in the oil sector have been laid off, and production of manufacture and drilling machinery has declined sharply (“U.S. Energy” n.pag.). The reason for this fall...

Please see inst

Part IV Economic Freedom Rankings Analysis In this essay, we shall analyze the countries previously assessed in the part III. The countries are Canada; China; France; Germany; Japan; the Russian Federation; the United Kingdom, and the United States. All the figures used in this essay were retrieved from the 2015 Index of Economic Freedom. We shall list the countries according to their overall Economic Freedom Ranking (EFR). And then, we shall proceed to analyze our findings. Country Ranking Canada #6 in the EFR The United States #12 in the EFR The United Kingdom #13 in the EFR Germany #16 in the EFR Japan #20 in the EFR France #70 in the EFR China #139 in the EFR The Russian...

energy access, infrastructure finance and economic growth in developing countries

Student’s Name Professor’s Name Course Date Energy access, Infrastructure Finance and Economic growth in developing countries Research proposal Many African countries marked a period of economic growth immediately following the independence. However, after the initial era of growth, most of the economies in Africa faltered and then started to decline. The region has witnessed an era of decreasing per capita income, increasing poverty and hunger, and accelerating ecological degradation. This is regardless the reality that economic growth is critical in the developing nations, towards the end of improving the income of the people, reducing poverty, and increasing the standards of living....

Wealth

Wealth Inequality in the United States Perspective Wealth inequality has increased sharply within the United States since the late 1970s. This inequality is due to a number of reasons which will be discussed in the paper. The gap within the wealth of different households in the United Stated had become quite severe since the times of the Great Depression. The Concept of Wealth Wealth can be defined as the current market value of all existing assets that are owned by the household nets as part of their debts. Also, assets can include all the financial and non-financial assets over which the right of ownership can be implemented and that facilitates different economic benefits to their...

SIX

Inflation tax Ethical or Economic question? Student Name Institution Affiliation Inflation tax Ethical or Economic question? Despite the regressive consumption of non-linear tax due to inflation, it also leads to a countries loss of purchasing power. Most people without the knowledge of money, economy dynamics and exchange rates argue that when the government prints more money to cater for its increased demand instead of raising the taxes or borrowing is advantageous. Being aware that the practice causes an erosion of the value of funding – inflation tax – that is a burden to cash holders. Both rich and the poor are effect by such inflation. The question of who takes the lion’s share of...

The Canadian Labour Market

The Canadian Labour Market Name: Institutional Affiliation: The Canadian Labour Market Introduction The aging population in Canada is increasing, and this has created a gap in the labour market. As such, immigrants tend to fill the gap that is created. Further, the number of immigrants taking up positions in Canada's labor market is expected to continue rising. However, while immigrants play an important role in driving the Canadian labor market, it is still not clear whether immigrants are contented with their jobs compared to Canadian-born workers and earlier immigrant cohorts. The immigrants are usually driven by the need to help their families back home. The paper examines the...

The Federal Reserve System. How it operates, its future role in monetary policy.

Name: Professor’s name: Course number: Date: The Federal Reserve System The Federal Reserve System is the Central Bank of the U. S. whose job is to oversee three functions: monetary policy; supervision and regulation of banks, and payment systems. The system is made up of three components: the Board of Governors; 12 Federal Reserve Banks, and member banks. The Federal Reserve was formed in 1913 when the Federal Reserve Act was passed in the Senate after a series of failures in banks created the urgent need for a central bank to create an autonomous and healthy banking system in the country. The Board of Governors is the most important decision-making body in the Fed. The seven-member body...