¶ … macroeconomic themes that have been taught or covered in this course is economic policy and its role in determining or influencing economic growth and development. Economic policy is a subject that has attracted considerable attention in recent months because of the presidential elections in the United States. Actually, monetary policy was one of the major issues in recent presidential campaigns and elections. This issue has also been subject of several publications by different new sources because of its significance in the country's economic growth and development. Paula Dwyer wrote an article to examine the recent rise of the Dow Jones Industrial Average in the aftermath of Donald Trump's election as the U.S. President. This analysis was carried out on the premise of the impact of Trump's economic policies on different aspects of the economy. The U.S. market has shown indication of its approval of Trump's economic policies in different ways including the rise in the Dow Jones Industrial Average. After reading this article, I have seen the significance and role economic policies play in a country's economic growth and development. In this case, the increase in the Dow Jones Industrial Average by approximately 9% and close to the 20,000 mark for the very first time is an indicator of the impact and approval of proposed economic policies by U.S. President-elect Donald Trump. This implies...
The rise in the Dow Jones Industrial Average is attributable to the market's approval of Trump's tax-cutting measures, deregulating and deficit spending regulations that are customized to enhance corporate profits (Dwyer par, 2). The rise in Down Jones is an indicator of enhanced corporate profits that are brought by these economic policies, which are business-friendly. The business-friendly policies are expected to lower corporate costs, which would in turn enable stock investors to get a huge share of the economic pie.
The clarification of the timeframe before the inflation will return to the level that has been targeted following the shock of employment rate shifts is "the horizon of the policy rule." (McDonald, nd; 73) Inflation rates grew for two years while interest rates were rising and yet unemployment was lowering during this time. In the United States, it can be noted as well that while unemployment rates grew inflation
The private sector tends to be against public sector funding, since it represents a basic redistribution of wealth from the ground up. Private sector economics has always held that the trickle-down economic models work best, where businesses and the very rich are given tax cuts and stimulus that is supposed to trickle down to the workers and the economy through renewed monetary business incentives. However, this form of economics,
Economic growth can be described as a measure through which the output of an entire economy grows or increases. Since this growth may be national, regional, or global, economic growth does not necessarily refer to growth in sales of any single industry or business. Economic growth is usually determined through various factors such as the Gross Domestic Product or Gross National Product. These measures of determining economic growth are considered
Economic Growth Lead Healthier Happier Societies Weather economic growth leads to healthier and happier societies or not? It is the question of current essay. Usually economic growth and development brings prosperity and wellness in the lives of individuals by improving their life style. With the economic growth of a country the quality of life improves as people have better food to eat, better houses to live in and better clothes to
Economics Growth The retailer sector was lately affected by the back-to-school shopping season, which did not start so well, as midprice department stores, discounters and specialty-apparel retailers announced disappointing sales results during August, which reinforced the already much debated concerns that consumers are not comfortable with the current state of the economy and are reluctant to consume, considering the shaky and uneven economic recovery. However, luxury department-store chains managed to post significant
This "crippled operations" not only in local businesses but in companies located in the most affected regions that supplied materials for manufacturing. In other words, Japan suffered from a shutdown of many companies that provided certain parts for cars and electronics. For example, the area that was slammed by the tsunami was a "supplier hub" where companies like Hitachi produced special parts -- including a "…$2 sensor that is
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