Reference no: EM133203730 , Length: 3 Pages
Assignment:
Your final paper should be single spaced and approximately between 2 to 3 pages. You can create headers for each of the five subtopics below:
1. Product and Market Demand and Supply: Create an imaginary company of your own with a name. Specify and describe the product(s) or services that the company would be selling. Identify your main market for the product/services and give a brief explanation of the demand
that customers have for your product/services as well as the other suppliers in this market.
Briefly explain the market structure i.e. how competitive the market for your products is, how you would try and differentiate your product and market it etc.
2. Inflation: Describe how inflation will affect your business; you will have to explain the impact of rising inflation rates on your costs of purchasing supplies etc., as well as the impact of inflation on the prices of the product/services you sell.
3. Fiscal Policy: Describe how the pandemic and the recovery would affect your business bottom line in the past and current year, and how the CARES Act and Recovery Act provisions would have helped you tackle some of the issues. (For example stimulus checks, unemployment
payments for your employees, PPP loans for your business etc.)
4. Monetary Policy: As we learned in the last 2 years, during a recession the Federal Reserve lowers interest rates on Federal Funds i.e. the rate at which banks lend to each other as well as the Discount rate the rate at which the Fed loans money to banks. This leads to a lowering of all interest rates. Currently the Fed is increasing rates as they normally do during an economic expansion and increasing rates of inflation. Explain what higher interest rates at the current moment affect how your company gets loans from banks.
5. International Trade: Explain the role international trade plays in your business (do you export your products/services, do you import some materials that you use in your business, how does trade policy in the US (tariffs etc.) and trade policy abroad affect your business, how does the value of the US dollar and changes in it affect your business.
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What would you do if you were in mr. monaghans position now
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The myth of the latin women
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Explain the market structure
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Describe an important question you need to answer
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