Propose a strategy to bring the economy out of recession

Assignment Help Macroeconomics

Reference no: EM13734741

Suppose that you are the chief economic advisor to the president of the United States. You are asked to propose a strategy to bring the economy out of recession. Unemployment is at 13 percent and inflation is relatively low. Your goal is to avoid an increase in inflation and bring the economy to full employment as rapidly as possible.

Applying the principles of the Keynesian model, what specific economic policies would you propose to accomplish these goals? What do you believe would be the short- and long-term effects of your policies on both inflation and unemployment rates? Provide justification and examples to support your conclusions.

Reference no: EM13734741

Questions Cloud

The development of a strategic plan : Why is an environmental scan important in the development of a strategic plan. How do legal, regulatory, and economic issues affect the development of a strategic plan

Explain effects of vietnam war on american culture : Explain Effects of Vietnam War on American Culture. The Vietnam War remains one of the most memorable events in American history that influenced the cultural beliefs towards war ideologies.

Improving the lives of the vulnerable : Imagine you are a policymaker or city council member and are actively involved in improving the lives of the vulnerable. Use the selected vulnerable population (vulnerable mothers and children), which is in need of a new program or service within..

What are the basic rules and regulations of the issue : What are the perspectives and responsibilities of the financial management staff. What are the basic rules and regulations of the issue that the financial management of the organization must address

Propose a strategy to bring the economy out of recession : Suppose that you are the chief economic advisor to the president of the United States. You are asked to propose a strategy to bring the economy out of recession.

Prepare the ideal promotional campaign : Design Your Promotional Campaign, Direction: Develop the ideal promotional campaign to connect with your target customers

Analyze methods for effectiveness and efficiency : Analyze these 3 methods for effectiveness and efficiency and Identify the departments and professionals involved in a typical acute care hospital

Improve upon the way the bureau of labor statistics : How would you improve upon the way the Bureau of Labor Statistics computes the unemployment rate?

Write essay on political pamphlet common sense by thomas : In the political pamphlet Common Sense by Thomas Paine does Paine persent a compelling argument for an American declaration of independence?

User Account

All Pages