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Essay / Research Paper Abstract
This 3 page paper examines three articles in the online version of the Economist. They are summarized and evaluated. Bibliography lists 3 sources.
Page Count:
3 pages (~225 words per page)
File: RT13_SA822ten.rtf
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Unformatted sample text from the term paper:
("Faulty Powers," 2008). The article talks about the fact that the Fed has cut the rate and while monetary policy is the best thing for stability, sometimes fiscal policy
can help too ("Faulty Powers," 2008). The overall tone of the article is negative, suggesting that the Fed used to be able to control much but has failed to do
this in recent years. In respect to Mankiws ten principles of economics, it seems that this article best reflects the idea that sometimes the government can improve the market outcome.
The concept is also is related to the idea that prices will rise when the government prints too much money as the article relays an idea to fund a tax
cut by printing more money ("Faulty Powers," 2008). The article does address issues pertaining to the Federal Reserve and its influence on the economy. What the Fed is able
to do, in addition to its limits, are things reflected in this piece. Another article that also appears in The Economist is entitled "A Tale of Two Worlds" and
begins by noting that the recession has been taking its toll on the United States and Europe ("A Tale of Two Worlds," 2008). Yet, it goes on to say that
other markets, with particular attention to emerging markets, has quite the opposite experience ("A Tale of Two Worlds," 2008). Rather than worry about a recession, other nations worry about the
effects of inflation ("A Tale of Two Worlds," 2008). The piece addresses the problem and quickly goes on to acknowledge the existence of several discussed solutions, one of which is
a free float ("A Tale of Two Worlds," 2008). Yet another solution discussed is the tightening of fiscal policy ("A Tale of Two Worlds," 2008). The third and final option
...