Essays on Economic System

The Federal Reserve has reduced the discount rate by 50 basis points while boosting the Federal Fund Target rate. This action did not halt the stock market's hemorrhaging. Raising interest rates should be bad for the stock market, but this has not been the case (Chien & Morris, 2017). The...

The Federal Reserve System is a body established to provide economic stability through its numerous operational capabilities. Among these weapons is monetary policy, which allows the Federal Reserve System to control the amount of money in circulation. The Fed regulates the monetary base by making various changes to their tools....

The Federal Reserve System The Federal Reserve System was established in 1913 with the goal of providing the nation with a more flexible, safe, and stable financial and monetary system. Its functions in the economy and banking system have grown over time. Its primary tasks include banking supervision, monetary policy, and...

The 2008 Financial Crisis The first indication that the economy was shaky came in 2006, when housing prices began to fall. Realtors were pleased with the scenario because they believed the housing market would eventually return to a sustainable level; nevertheless, they were unaware that many homeowners had suspect credit. As...

The Great Moderation Era The Great Moderation era lasted from the mid-1980s until 2003, when the Federal Open Market Committee (FOMC) followed the method of learning by doing. The degree of employment or unemployment, as well as the inflation rate, supplied pertinent input on the subject (Garrison, 2009). The essay will...

The Green Economy The green economy is defined as economic aims that aim to decrease environmental concerns and ecological scarcity. The primary goal of the green economy is to promote ecological development while minimizing environmental deterioration. The green economy is fundamentally centered on reducing environmental waste in order to optimize the...

The Economic Downturn and its Impact on Social Capital The economic downturn has produced a decline or shift in social capital (also known as degradation in social capital) in several ways over the years (Putnam, 1995). The concept of social capital relies around a person's family, friends, and numerous others who...

The Emergency Economic Stabilization Act (EESA) established the Troubled Asset Relief Program (TARP) in October 2008. EESA was created to confront a persistent economic and financial crisis that reached fever pitch in September 2008. The Act authorized the Secretary of the Treasury to buy or protect up to $700 billion...

The Emergency Economic Stabilization Act (EESA) The Emergency Economic Stabilization Act (EESA) was drafted by the United States Congress and signed into law by President George W. Bush on October 3, 2008. This was a premeditated response to the oncoming financial crisis in the United States, which was reaching near-panic proportions....

The Japanese Economy and Austerity Measures The Japanese economy has long been impacted by austerity measures implemented by the state government. The major goals of such policy are to manage the expanding economy and slow it down during the growth phase of the cycle, as well as to protect against "overheating"...

The United States of America's current net exports are -460 billion dollars. This statistic was recorded in the third quarter of 2016. The United States is currently running a trade deficit. This signifies that imports outnumber exports. One specific example is the April 2016 numbers, in which imports outnumbered exports...

The United States Treasury Department has played a significant role in the provision of government services to the people throughout American history. The history of the agency dates back to the early days of the American Revolution. This was the period during which the Continental Congress, meeting in Philadelphia, identified...