Thursday, May 24, 2012

Could anyone help me with my economics homework?

April 22, 2010 by  
Filed under business group activities

I need some help with my economics final, which consists of a few short essays. I’m awful at economics and I’m having a hard time sifting through all the advanced economics information online. I’ll post the entire text of my assignment, and if anyone could post any answers, I’d really appreciate it :D

For each of the following questions, you are to give a brief essay answer using comlete sentences, typed and spell checked. Answer due 16 December 2009.
What is the principal goal of economic policy in the United States?
The principal goal of economic policy is to make the most out of limited resources in order to meet the needs of a society who’s needs are unlimited.
What are three specific measures of economic performance that our country attempts to maximize to fulfill the goal of economic policy in the United States? (These are the current specific goals of economic performance.)
Three specific measures which the government uses to fulfill the goal of economic policy are the Gross Domestic Product, the inflation rate and the productivity of labor.
What three (3) policies do political parties and/or business groups wish to impose that interfere with this goal? (These can be anything proposed which hurts the economy from what you have learned in economics.) Describe how each of these three policies would work to decrease rising per capita standards of living.
If there is severe recession (as there is now), what are the appropriate economic policies?
A. Monetary policy (name and briefly but fully describe what should be done with each of the tools.)
B. Fiscal policy (name and briefly describe each of the tools and how it shoul dbe used.)
What are your personal (economic) goals for your lifetime? (This is a normative judgment that I cannot grade. I will grade your thinking process from this class.)
A. State your preferred personal goals over your lifetime.
B. What government policies would best fulfill these goals?
C. What would be the “undesirable” results of these goals?
D. Discuss the tradeoffs: I.e., costs to specific groups within our country versus the benefits to all the citizens of the United States.
This class in economics has shown that over time we have had annual inflation that ranged from 3.7% to almost 9% during some decades since the first world war. We have had annual real economic growth that ranged from negative numbers to quite high positive numbers, but overall we have had an average annual rate of real growth of 3.3%. Further, recently the pace of economic growth has resulted in even more rapid technological development which requires significant changes in the types of activities performed by employees and firms.
Over time, (think about the course of your lifetime), how will you adapt your marketability as an economic resource?
So maybe I want to take the easy way out. Sorry, I forgot that the internet was for morally upstanding people only.

Comments

4 Responses to “Could anyone help me with my economics homework?”
  1. Sunny says:

    You don’t want HELP
    …you want someone to DO IT “ALL” FOR YOU !

    SORRY…..were not “THAT” gullible!

  2. 96 WS7 says:

    Are you in Dr. Small’s class too?

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