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Essay / Research Paper Abstract
This 7 page paper provides an overview of the economy in October of 2008. Bibliography lists 5 sources.
Page Count:
7 pages (~225 words per page)
File: RT13_SA842eco.rtf
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Unformatted sample text from the term paper:
have suggested that this is a misnomer. That is, the economy is not as bad as it appears. Certainly, one can say that the stock market breaking records is indicative
of uncertainty. Yet, it is difficult to tell what the truth is because it is a presidential election year. This means that each side will "spin" the news the way
that is good for that sides campaign. Of course, it is difficult to "spin" the news when real companies are failing. Such events make news and it is a difficult
thing to hide. At one point early on, John McCain claimed that the fundamentals of the economy are strong. Is this the case? Is the media blowing things out of
proportion? A look at the economy is certainly relevant in the scheme of things. To comprehend the economy, it is important to look at economic indicators. These are the numbers
that signify whether or not the economy is healthy. Some key indicators include new unemployment claims, consumer confidence surveys, retail sales, housing starts and auto sales (Baumohl, 2007). Before going
on to explore some of these indicators used by economists, there are other ways to tell whether or not the economy is strong. One way is to look around and
see how friends and family are doing, what is reported on the news, and even what comes in the mail. An NPR news broadcast included an interview with a mail
delivery person Andrea Demenovski where she explains that she can tell how the economy is doing by the mail she delivers ("Using Mail As An Economic Indicator," 2008). She explains:
" So from delivering peoples mail, I know where their family lives, what investments they have if they have investments, where they go to the dentist, where they go to
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