Economics

There is an old adage that says money makes the world go round, and this may be true when there are discussions on the saving, monetary policies, and the monopolies that big business try to create. Business and how the spiritualist consumer views it directly dictate the policies that must be developed in order to keep economies afloat. Monetary policy is conducted by a nations central bank. In the U.S., monetary policy is carried out by the Fed (www.cliffnotes.com). And, some would consider the Fed to be a monopoly because of it being the only source of printing currency in the U.S., and is an example of how monopolies can work.  Over the last year the economy has been improving even though the United States economy is relatively weak. The unemployment identify declined by 0.2 per centumage point in January to 8.3 percent; the rate has f every last(predicate)en by 0.8 point since August (www.bls.gov). The raise prices rate in United States was last reported at 2 .9 percent in January of 2012, and interests rates are at an whole time low (www.thetradingpost.com). For 2012, we have had slow steady growth with lots of inflation. How does this differ from further 5 years prehistorical? The unemployment rate has been on a continuous rise from still under 5% to more than 10% and currently keeping at 8.3%.

The value of the dollar around the world has littleen by 40% since 2007. Though the United States is currently in an up trend, the economy is worse off than in 2007. peck go out excrete money if there is a accepted hostage that they have of not being caught by force complicate the line. One! way to encourage stack to come approximately money is by cutting taxes. If there is less(prenominal) taxes on products then sight would be more apt to drop on products, especially the pricier products like cars and houses. Currently the government is maturation and has more control and Classic economic theory holds that people respond to the growth of government by spending less of their own money, because they assume that taxes...If you want to get a retributory essay, order it on our website: OrderCustomPaper.com

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