Essay on Monetary Policy

Macroeconomics deals with the performance, structure, behavior, and decision making of the economy as a whole. The three issues that I identify in this economic scenario that should be addressed in the next one to two years to ensure the economy continues to grow is unemployment rate, higher GDP, and lower the national debt. The Unemployment rate plays an important role in the economy in general in order to grow. When the economy is in poor shape that results in insufficient jobs which causes…

“Inflation is defined as a sustained increase in the general level of prices for goods and services in a county, and is measured as an annual percentage change” (Investopedia). The Economic status before and during French revolution was dismal because of the way the government used the people’s money for their own benefit, and the way they managed taxes. One good example of this was louis XVI, he would use people’s money for his own pleasure like having over 9 thousand personal guards and “128…

Financial planners are paid to worry. We are professional worriers, not just your average, amateur worriers. We have taken worrying to a new level and made it almost an art form. The amateur worrier spends too much time worrying about things that are likely to happen, but the true professional worries about the unlikely events that can be really disruptive to our plans. We worry about these events because we know that it is the unexpected that can cause the most harm. For instance, your…

Summary The article (BBC 2015) reports that Glencore’s loss of profits of 676 million dollars, which is due to its costs associated with paring back oil operations and falling prices of commodity and raw materials such as oil and metal resulting from a supply glut and Glencore’s biggest earner, copper, is at its six-year lows after an economic downturn in China. Application of concept This article relates to economic environment due to the constraints facing the company put on by globalization,…

An example of unemployment increases resulted from minimum wage increases in the recent years can be evidently seen when looking at the rates of unemployment. The minimum wage is frequently sold to the public as good for workers, for minorities, and women, however, it actually hurts those whom it’s intended to help. Therefore, an increase hurts employment. Despite the unsettled debate, Congress kept increasing the minimum wage yet failed to see the impact it had on employment. Authors of Minimum…

Brazil Description: Brazil is south Americas largest and most influential country. Brazil is the biggest country size and population in South America and the 5th largest country in the world. Brazil’s population is about 205 million, representing almost 3 percent of global consumers. Most the population is heavily concentrated on the coast, where a dozen major urban areas with populations of a million or more. The country shares borders with ten other South American country and covers almost…

Times have not changed; families are still struggling to survive living from paycheck to paycheck. This has become a routine that many families have adopted because they just cannot seem to get caught up on bills and get ahead. As their circumstances get even worse, where do they turn to get money? With the loan industry tightening up on credit worthiness, having bad credit, too little credit, or even no credit will not suffice to get a loan or credit card during hard times. Payday Lenders have…

How do the substitute resources such as technology impact your business? Technology and technological change have a large impact on accounting because the company efficiency, productivity, accuracy, and competitiveness depend on those aspects. Companies use accounting software, tax software, the Microsoft suite, and other similar products to enter data and analyze data, prepare corporate and individual tax, conduct audit and review, as well as provide consulting for small and medium businesses.…

fiscal policy to integrate into action plans, the different strategies used to develop economic…

Household debt is affecting the lives of Canadians every day and is one of the primary focuses of the Bank of Canada and the federal government. After analysing the issue and considering Canada’s past regarding household debt, recommendations for improving the financial position of Canadian households are outlined below. Promoting Education in Financial Literacy There is a strong correlation between the lack of financial literacy and household debt in Canada. People who are more educated…