Similarly, the subprime crisis represents well the argument between GDP and GPI. The housing bubble resulted in strong profits for the banking, real estate sales and construction industries. Each contributed to GDP growth. Yet, GPI argues that very little real value was created. The sale of a home from one speculator to another increases the GDP, but it creates no value. If that home is flipped three or four times in a year, it inflates the GDP without creating any real wealth for the nation. Churning the economy and growing it are two different things. Therefore in GPI terms, the housing bubble would be deducted from the GDP figure.

Likewise the Iraq ar would be deducted. ar spending increases GDP dramatically, but death, destruction and erosion of goodwill are not "progress" as defined by GPI proponents. hen the negative forces that have propped up the GDP over the past eight years…...

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Works Cited

Cobb, Clifford; Halstead, Ted & Rowe, Jonathan. (1995). If the GDP is up, why is America down? The Atlantic. Retrieved November 9, 2008 at  http://www.theatlantic.com/politics/ecbig/gdp.htm

Economic Situation
Looking at the economy from a macroeconomic viewpoint means looking at a more broad approach to individual economic factors, weighing those factors, and making a determination as to whether the economy is stable and improving for the populace. Sustainable growth is one of the goals of economic development, and while there are peaks and valleys, the overall level and growth filters down to many factors. A booming economy, for instance, will create money and produce goods and services while affecting GDP, unemployment, inflation, interest rates, and prices. Policy can change these factors, increase or decrease confidence and spending, and the movement of money. However, in the 21st century, economic health is tied not only to countries, but to global issues of import and export, health of other economies, and the combination of factors that has become even more complex (Alesenai, 2003).

In the U.S. economy, most scholars see that the…...

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REFERENCES

Credit Ratings: How Fitch, Moody's and S&P Rate. (2012). The U.K. Guardian. Retrieved from:  http://www.guardian.co.uk/news/datablog/2010/apr/30/credit-ratings-country-fitch-moodys-standard 

Economy at a Glance -- The United States. (2013). U.S. Department of Labor Bureau of Labor Statistics. Retrieved from:  

economic situation in the U.. As compared to five (5) years ago. Include interest rates, inflation, and unemployment in the analysis.
Between 2009-2011, 6.1million workers were displaced from jobs that they held for at least 3 years. In 2012, the statistics for employment seemed to be more optimistic: whilst 1,340 mass layoff actions occurred in July, the Bureau of Labor tatistics (http://www.bls.gov/) reported that productivity increased 2.2% in the nonfarm business sector in the second quarter of 2012 whilst in manufacturing, productivity grew 0.1%. During this same year (2012), demand for employment also grew in wholesale trade and retail trade, whilst employment in the food and drink sector remained constant. The jobless rate as a whole this year has also decreased in a large number of areas whilst from April to July alone employment rose from 2.1 million to 19.5 million.

In June, 2012, the Federal Reserve ystem noted that the…...

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Sources

Antitrust Acts and Laws

 http://www.referenceforbusiness.com/encyclopedia/A-Ar/Antitrust-Acts-and-Laws.html#ixzz25kaHoiON 

Bureau of Labor Statistics

 http://www.bls.gov/

economic situation U.S. compared (5) years ago. Include interest rates, inflation, unemployment analysis. 2.Propose (2) strategies federal government implement encourage people spend money order create employment opportunities.
Q1.Analyze the current economic situation in the U.S. As compared to five (5) years ago. Include interest rates, inflation, and unemployment in your analysis.

The unemployment rate in January 2012 was 8.3%. The relative improvement in the economy has caused many to pressure Fed chairman Ben Bernanke to raise interest rates above their current record lows to curb inflation, although Bernanke still feels that the economy is fragile enough to justify keeping rates extremely low. "The unemployment rate has fallen for five straight months and employers have added an average of 200,000 net jobs per month from November through January" (Crustinger 2012). Until recently, the Fed has believed that there has been little risk of inflation due to an excess in the money supply,…...

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References

Barger, Melvin. (1984). What killed Ma Bell? AT&T Divestiture. Porticus. Retrieved:

http://www.porticus.org/bell/whatkilledmabell.html

Block, Sandra. (2012). Inflation could lead to a modest tax cut. USA Today. Retrieved:

 http://www.usatoday.com/money/perfi/columnist/block/story/2011-09-19/inflation-tax-brackets/50469496/1

Economic Situation
What "current macroeconomic situation" U.S. (e.g. U.S. economy concerned unemployment, inflation, recession,)? What fiscal policies monetary policies time? Key concepts include paper -- data trends unemployment, inflation, GDP growth, expansionary fiscal policy tools, FOMC, easy money policy tools terms class.

What is the current macroeconomic situation in the U.S.

The United States is no longer mired in a full-blown recession as it was in 2008, but the process of economic recovery has been long, slow, and onerous. At present, unemployment is hovering around 7.9%. This reflects a slight increase from the last quarter. The U.S. seems to be in a precarious position, neither in full-blown recessionary mode but not entirely recovered. Of particular concern is the fact that "the increase [in unemployment] was much sharper for millennials, up from 11.5% the month before and 10.9% in November 2012" (Kingkade 2013). Young people were particularly hard-hit by the recession. Many new…...

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References

Cassidy, John. (2012). Reagan, Bush, and Obama: We are still all Keynesians. The New Yorker.

Retrieved:  http://www.newyorker.com/online/blogs/johncassidy/2012/06/the-republican-economy.html 

Davidson, Paul. (2012). Fed ties interest rates to 6.5% unemployment. USA Today. Retrieved:

 http://www.usatoday.com/story/money/business/2012/12/12/fed-buys-treasuries/1762459/

Macro Economic Situation
What is the "current macroeconomic situation" (e.g. worrying about inflation and/or recession) in the U.S.

The current macroeconomic situation in the U.S. is that there are worries about: the national debt, rising interest rates and a double dip recession. The rising national debt is troubling, because this will have a direct impact on the financial markets and interest rates over the long-term. Recently, there have been concerns that if the debt ceiling is not increased, the U.S. government will begin defaulting on its obligations. This is problematic, because it means that interest rates for any kind of Treasury securities will be higher (as a downgrade in their credit rating would be inevitable in this situation). (Watkins, 2011)

Rising interest rates are a possibility, because the Federal Open Market Committee was focused on: purchasing Treasury securities, commercial paper and providing ample amounts of liquidity to the financial system. This was…...

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Bibliography

Import Prices Rise of 8th Straight Month. (2011). Reuters. Retrieved from:  http://www.reuters.com/article/2011/06/10/us-usa-economy-imports-idUSTRE7592TN20110610 

Study Finds Suicide Rates Rise and Fall with the Economy. (2011). HITC News. Retrieved from:  http://news.hereisthecity.com/2011/04/15/cdc-study-finds-suicide-rates-rise-and-fall-with-economy/ 

Lehman, R. (2011). Get Out Ahead of the Fed. Forbes. Retrieved from:  http://www.forbes.com/forbes/2011/0627/money-guide-11-richard-lehmann-fixed-income-watch-ahead-fed.html 

Watkins, J. (2011). Spending has Put Nation in a Fiscal Crisis. ST Gate News. Retrieved from: http://www.stgnews.com/archive/2011/06/10/utah-senator-spending-has-put-nation-in-a-fiscal-crisis/

Though the longevity and stability of the program is in jeopardy due to reductions in revenues for the nation and an increasingly cash-strapped and debt-ridden government, if the development program continues to be carried out as planned the children of Antigua and Barbuda will be given every opportunity to lead happy and fulfilling childhoods that will prepare them for an adulthood that will contain a diversifying economy and a wide world of immeasurable opportunities.
Conclusion

There are children in the world that are far more impoverished and/or otherwise disadvantaged than are the children of Antigua and Barbuda -- children in the Caribbean and throughout Latin America that have harder lives with less opportunity, in fact. Yet many of the children of Antigua and Barbuda are still at an economic and socio-political disadvantage compared to their counterparts elsewhere, and meet the criteria for poverty established by the United Nations. Ensuring that these…...

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References

Antigua-Barbuda.org. (2012). Acecssed 3 December 2012.  http://www.antigua-barbuda.org/index.htm 

Antigua Observer. (2012). New guide for measuring child poverty in the Caribbean. Accessed 3 December 2012.  http://www.antiguaobserver.com/?p=71102 

CIA. (2012). Antigua and Barbuda. World Factbook. Accessed 3 December 2012.  https://www.cia.gov/library/publications/the-world-factbook/geos/ac.html 

Foundation for the Development of Caribbean Children. (2012). Antigua & Barbuda. Accessed 3 December 2012. http://www.fdcchildren.org/index/antigua-barbuda.html

Macroeconomic Situation
A discussion given by the Federal eserve Bank of Chicago, on June 8, 2010, analyzed America's macroeconomic fiscal situation by opining that the economy is recovering from the recession and that national GDP would increase by, at least, a moderate 3.5% that year.

ecovery will be slow given that climbing out takes time and that, given the severity of the recession, a great deal of growth needs to be accomplished for employment and economic situation to return to the level that it was in 2007. The moderate 3.5% expected by Chicago's Federal eserve Bank a year ago and the very similar climb in percentage expected in the subsequent years following this recession can be compared to the 8% economic growth that followed the deep recession of 1981-1982.

Although GDP's discount rate fell sharply during 2008 and 2009 (approximately 3.7%), it picked up towards the end of 2009 and in 2010…...

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Reference

Federal Reserve Bank of Chicago (06/08/2010). Some thoughts on the current economic situation. Retrieved on 4/10/2011 from:

 http://www.chicagofed.org/webpages/publications/speeches/2010/06_08_UCC_speech.cfm

If the Fed is more concerned with the core CPI, then rates are unlikely to be raised this year. An increase in rates would slow the economy down. However, if total CPI increases at a faster rate, this could force the Fed to raise rates slightly.
On the whole, however, the data does not support DESA's pessimism about the state of the American economy. The Federal Reserve is currently using expansionary monetary policy to keep the amount of money in the economy at a high level, to spur business investment and real estate markets. In addition, lower rates make it easier for consumers to re-adjust their balance sheets as well. hile the data about the U.S. economy is encouraging -- most key measures are trending up, with solid underlying support rather than as the result of short-term trends -- the U.S. economy is not growing so fast that contractionary monetary…...

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Works Cited:

Bureau of Economic Analysis. (2012). National income and product accounts. BEA.gov. Retrieved February 11, 2012 from  http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm 

Bureau of Labor Statistics. (2012). Employment situation summary. BLS.gov. Retrieved February 11, 2012 from  

U.S. Current Macroeconomic Situation:
Similar to the rest of the world, the macroeconomic conditions in the United States are currently fragile. This is mainly because the rate of unemployment is high though is slowly declining, the currency valuation is fluctuating up and down, and the European financial unrest has continued to have significant impacts on the nation's economy. These conditions are coupled by a slow increase in manufacturing and upward trend of the stock markets. As a result of these macroeconomic conditions, there are huge speculations that the United States Federal eserve will enforce more stimulus plans in attempts to boost the stalled recovery of the economy.

Macroeconomic Outlook for 2012:

The backbone of America's economic recovery since the end of recent recession has been private consumption. The U.S. economy accelerated in the fourth quarter of 2011 and continued its slow recovery in the first quarter of this year after overcoming the negative…...

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References:

Morris, K. (2010, October 7). Current Macroeconomic Situation. Retrieved October 18, 2012,

from  http://socyberty.com/economics/current-macroeconomic-situation/ 

"U.S. Quarterly Macroeconomic Review -- Q1 2012." (2012, April 19). Macroeconomic

Quarterly. Retrieved October 18, 2012, from http://cebviews.com/uploads/2012/05/U.S.-Quarterly-Report-Q2_2012-FINAL.pdf

(Buchanan, 72)
The economic policy tools that were employed just after the war subsequently underwent some changes. From 1947 to 1950 direct controls on wages and distribution were eliminated followed by removal of trade controls in 1958. However, the government continued to maintain its hold over prices and credit distribution which made it different from many of its neighboring states in the postwar period. The French Ministry of Finance exerted greater control over the economy than the Bank of France. This led to a greater predilection to resort to devaluation when external equilibrium resulted due to the state failure to control incomes. In France, the period between 1945 and 1975 was known as the "thirty glorious years" because of the phenomenal economic performance. During this period, the average growth rate of GDP was around 6.8% which was quite remarkable considering that Britain's average GDP growth rate was 2.4% and Germany's…...

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References

Bathelt, Harald; Wiseman, Clare; Zakrzewski, Guido. Unit 1: Post-war development and structure of the German economy.

Buchanan, Tom. Europe's troubled peace, 1945-2000.

Wiley-Blackwell, 2006.

DeLong, J. Bradford. Grasping reality with both hands: A Fair, Balanced, Reality-Based,

S. The societal system practiced in France serves as a model towards which the U.S. aspire.
President Barack Obama's healthcare reform plan is considered by many as being a socialist experiment that will significantly hurt the economy (CBS, 2009). In opposition, the President has stated that he does not intend to implement a healthcare system that depends on the government. Instead, he would prefer a system in which the government competes with private insurance companies for selling coverage.

The Invisible Hand Principle

The invisible hand principle was developed as an opposition to the protectionist system. This principle is actually a metaphor describing the self-regulating characteristic of the market. In other words, such a system can be implemented due to a combination of factors, like self-interest, competition, supply and demand. Adam Smith, who developed this theory, considered that the action of these forces and their effects are able to allocate resources within the society.

However,…...

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Reference list:

1. Eddlem, T.R. (2009). Obama needs to learn "opportunity cost." The New American. Retrieved February 26, 2010 from  http://findarticles.com/p/articles/mi_m0JZS/is_15_25/ai_n32369481/?tag=content;col1 .

2. Dorrien, G. (2009). Is the Economic Crisis a Sin? Newsweek. Retrieved February 26, 2010 from http://www.newsweek.com/id/206095.

3. Steele Calls Obama Health Plan "Socialism" (2009). CBS News. Retrieved February 26, 2010 from  http://www.cbsnews.com/stories/2009/07/20/politics/main5174417.shtml .

4. Remarks by the President on Financial Rescue and Reform. The White House. Retrieved February 26, 2010 from  http://www.whitehouse.gov/the_press_office/Remarks-by-the-President-on-Financial-Rescue-and-Reform-at-Federal-Hall .

Economic Depression of Europe
An economic depression is more severe than a recession due to the fact that a depression involves drastic decline in a national or international economy, characterized by decreasing business activity, falling prices, and high levels of unemployment.

There were economic depressions in Europe that were experienced before and after the 1870 but with a remarkable difference, being that those that were experienced before the 1870s were less costly in terms of life and resources and took relatively lesser period. Indeed it was a commonplace that every part of Europe experienced one sort of economic depression or the other.

One such economic situation before 1870 was the "little ice age" which began in the late 16th century till around 1950s as indicated by Big Site of History (2011). This was a time when a severe cold that could not be withstood by most crops set in most part of Europe.…...

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References

Big Site of History (2011). Social Trends in 17th Century Europe: The Problem of Divine-Right

Monarchy. Retrieved July 18, 2011 from  http://bigsiteofhistory.com/social-trends-in-17th-century-europe-the-problem-of-divine-right-monarchy 

Historic UK, (2011). The Great Plague 1665. Retrieved July 18, 2011 from http://www.historic-

uk.com/HistoryUK/England-History/GreatPlague.htm

Economics
There are a number of different metrics that can help to measure the health of an economy. The GDP is one of those numbers, and can be obtained from the Bureau of Economic Analysis. Following a decline of 2.6% in 2009, the GDP grew in 2010 by 2.9%. GDP rates fluctuated by quarter, with a low of 1.7% in Q2 following by escalating growth in the last two quarters. This represents a slow recovery from the steep declines of 2008-2009. Another measure of economic health is unemployment. The current unemployment rate from the Bureau of Labor Statistics is 9.0%, a decline of 0.4 percentage points from December. This rate is historically high, it is lower than at any point in the past year, again showing a sign of slow recovery. A third measure of economic health can be found in the inflation rate. The best measure of inflation is core…...

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Works Cited:

Bureau of Labor Statistics: CPI Detailed Report December 2010. Retrieved February 8, 2011 from  http://www.bls.gov/ cpi/cpid1012.pdf

Bureau of Labor Statistics: Employment Situation Summary. Retrieved February 8, 2011 from  

Economics of International Trade China
Exploring the Economics of International Trade: China

"Chinese international trade has experienced rapid expansion together with its dramatic economic growth which has made the country to target the world as its market," and its expansion has only continued to show powerful growth within the international economic marketplace (Sun & Heshmati, 2010, p 1). After China was reopened to trading with the West in 1978, the country has really took off in becoming one of the world's biggest producers and exporters of a plethora of different goods. China has grown tremendously as nations like the United States have become their biggest trading partners. In response, China has helped refuel this growth with the manipulation of their currency and their heavy investment in the U.S. dollar, which ensures them a more competitive position for their exports.

For generations, China had closed itself off to trading and interacting with many Western…...

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References

American Manufacturing. (2012). China and currency manipulation. Issues. Web. Retrieved September 4, 2012 from  http://americanmanufacturing.org/category/issues/china/china-and-currency-manipulation 

Barboza, David. (2012). Business and economy in China. New York Times. Web. Retrieved September 4, 2012 from  http://topics.nytimes.com/topics/news/international/countriesandterritories/china/business_and_economy/index.html 

Congress Quarterly. (1999). The consumer culture. CQ Researcher, 9(44), 1001-1016.

Manzay, Terrance. (2010). China export industry dominates worldwide. Article Snatch. Web. Reprieved September 4, 2012 from http://www.articlesnatch.com/Article/China-Export-Industry-Dominates-Worldwide/3853472#.UEZqYKNIuHY

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We would really love to know which country you are writing about, because the immigrant experience varies tremendously depending on both the country of origin and the destination country.  There are other factors that can impact the psychological impact of the immigrant experience as well.  Is a person immigrating with their family or on their own?  Will they be able to have continued contact with their family?  What are the reasons for immigrating?  Is the immigrant escaping trauma, such as in many refugee scenarios, moving for better economic opportunities, or moving for another reason?  All....

Ireland was poor for a long period of time due to a number of historical, political, and economic factors.

1. English colonization: Ireland experienced centuries of English colonization and control, resulting in land confiscation, forced tithes, and economic exploitation. The English prioritized their own interests, which hindered Ireland's economic development.

2. Penal Laws: The Penal Laws, enacted in the 17th and 18th centuries, restricted the rights of Irish Catholics, preventing them from owning land, holding public office, or practicing their religion freely. This discrimination limited upward socioeconomic mobility for the majority of the Irish population.

3. Agricultural practices: Ireland's reliance on subsistence agriculture....

There are several ways that society can address the root causes of poverty and homelessness to create lasting change:

1. Increase access to affordable housing: One of the main drivers of homelessness is the lack of affordable housing. By increasing the supply of affordable housing options, individuals and families will have a stable place to live, reducing their risk of becoming homeless.

2. Improve access to education and job training: Lack of education and job skills can trap individuals in poverty. By providing access to quality education and job training programs, people can acquire the skills they need to secure stable employment....