Expansionary Economic Policy

Prior to beginning the final assignment, review the following chapters:

Chapter 7: Classical Macroeconomics and the Keynesian Challenge

Chapter 9: Taxes, Government Spending, and Fiscal Policy

Chapter 12: Banking and The Federal Reserve System

Chapter 14: Monetary Policy In Theory And Practice

Focus of the Final Paper

In an effort to move the economy out of a recession, the federal government would engage in expansionary economic policies. Respond to the following points in your paper on the actions the government would take to address expansionary fiscal and monetary policies:

Expansionary Fiscal Policy:

Explain the actions the federal government would take while engaging in expansionary fiscal policy in terms of the following:

• The necessary change in taxes and government spending,

• The effect on aggregate demand, GDP, and employment.

Expansionary Monetary Policy:

The three tools the Federal Reserve Bank (The Fed) uses when conducting monetary policy are the required reserve ratio, the discount rate, and open market operations.

Explain the actions of the Fed in regard to the three tools.

• When the required reserve ratio is increased or decreased

• When the discount rate is increased or decreased

• Buying or selling government securities when conducting expansionary monetary policy

Explain how these actions would affect the money supply, interest rates, spending, aggregate demand, GDP, and employment.

Writing the Final Paper

The Final Paper:

1. Must be eight to ten double-spaced pages in length and formatted according to APA style as outlined in your approved styled guide.

2. Must include a title page that includes:

• Title of paper

• Student’s name

• Course name and number

• Instructor’s name

• Date submitted

1. Must include an introductory paragraph with a succinct thesis statement.

2. Must address the topic of the paper with critical thought.

3. Must conclude with a restatement of the thesis and a conclusion paragraph.

4. Must use at least four scholarly resources, including the textbook. Two sources must come from the Ashford Library.

5. Must use APA style as outlined in your approved style guide to document all sources.

6. Must include, on the final page, a reference List that is completed according to APA style as outlined in your approved style guide

Record the current price of the stock for each company you selected in Week 3’s Stock Journal. You may use any price during this week (e.g., day one price, the opening, the low, the high, the close, or any price you find when you check it during the day). Using MS Excel spreadsheet or MS Word document, put your Week 3 and Week 8 stock prices side-by-side, to show your comparison. 2.Determine the current value of your total investment. Do not make any changes to your investment at this time. Calculate your total based on the number of shares and the new price per share, for each company. 3.Provide your opinion / assessment of your investments. Evaluate the results of your current investment. Are you happy with the result and the trend? Are you upset because you’re investment is worth less than $25,000. Feel free to speculate / guess at why you believe the stock increased, decreased, or remained static.

week 3 journal

FINANCIAL MARKETS

Journal entries

Buying stock worth $7,001.5 @ $25.46

Debit ($) Credit ($)

Treasury stock 7,001.5

Cash 7,001.5

Owner bought $7,001.5 stock from ABB Group’s existing owner

Buying stock worth $7996.12 @ $42.76

Treasury stock 7996.12

Cash 7996.12

Bought $7,996.12 of stock from ABM Industries’ existing owner

Buying stock worth $9,992.71@ $71.89

Treasury stock 9,992.71

Cash 9,992.71

Owner bought $9,992.71 of stock from Barnes Group’s existing owner

Treasury stock 24,990.33

Cash 24,990.33

Owner bought $24,990.33 of stock from the three companies’ existing owner.

It is not actually possible to invest $25,000 because it is not possible to buy a fraction of shares.

I am investing in three companies, that is ABB Group, ABM Industries and Barnes Group.

I am investing in an amount of $7,001.5 for 275 shares, each share going for $25.46 ABB Group. In ABM Industries, I invested a total amount of $7996.12 for 186 shares @ $42.76. In Barnes Group I am investing a total amount of $9,992.71 for 139 shares @$71.89. The reason as to why I invested in an amount of $7,001.5 for 275 shares, each share going for $25.46 ABB Group is because it is a big global company and is actually in the list of the globe’s most liked companies [Gilbertson, 2013]. It has outlets in 100 counties of the world. It has also exists in the international market for at least 23 years and still performing very well. This gives an assurance of earning good dividends for the investment in the company since it is highly profitable. The future of the company is also certain that it will continue to earn good profits and maximise shareholders’’ wealth.

The reason as to why I invested a total amount of $7996.12 for 186 shares @ $42.76 in ABM Industries is because it has operated for over 100 years and is still one of the biggest providers of facilities in the United States of America (USA). It also has other international outlets. Ti has also diversified its services to offer a wide range of services. Thus, it is assured to earn profits and a continued growth due to the long existence in the markets and the various services that it offers in the market. Thus, it is worth investing in for better dividends or returns.

The reason for investing a total amount of $9,992.71 for 139 shares @$71.89 I Barnes Group is because Barnes Group is provides great and very important services like processing or aeroscopes as well as technological services. It serves both markets and individual customers [Haber, 2003]. The past has shown that the company has been performing quite well and therefore, it gives an assurance that there will be good dividends or returns

To locate, retrieve, and evaluate the effects of macroeconomic indicators on your own decision making.

Assignment Steps

Resources: Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.

Scenario: Consider your last big purchase such as a car, appliances, home repairs, home purchase, computer equipment, college tuition, or another “big-ticket” item, which are often purchased using loans/financing (by borrowing money). Also consider your decision-making process that led you to choose a particular make, model, or brand of the product (or service) you purchased and whether it was the right time to make the purchase given economic conditions at the time of your purchase. While analyzing your decision, keep in mind everything from interest rates to the prices of complementary and substitute goods are driven by human economic behavior.

Develop a minimum 1,050-word analysis of your decision-making process in which you include the following:

Retrieve statistics on Real Gross Domestic Product (GDP) and on Real Personal Consumption Expenditures (PCE) by year for the last ten years. You can retrieve those statistics from internet sources including, but not limited to, the Federal Reserve of St. Louis’s FRED web site, the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) web site, or another credible source of your choice. Post these statistics in a single worksheet of an Excel® workbook and submit your Excel® file with your report. In your report, discuss the latest 10-year trends in both GDP and PCE. Also discuss how the trends in GDP compare with trends in PCE. You are encouraged to include graphs of these statistics in your report; you could create the graphs in Excel®and copy them into your report.
Retrieve statistics on the Effective Federal Funds Rate and on the Consumer Price Index: All Items Less Food and Energy by year for the last 30 years. You can retrieve those statistics from internet sources including, but not limited to, the Federal Reserve of St. Louis’s FRED web site, the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) web site, or other credible sources of your choice. Post these statistics in a single worksheet of an Excel® workbook and submit your Excel® file with your report. In your report, discuss how the trends in the Effective Federal Funds Rate compare with trends in inflation. If you took out a loan to pay for your “big-ticket” purchase, what was the interest rate on your loan? Were interest rates rising or falling at that time? Were interest rates relatively high or low at that time? You are also encouraged to include graphs of these statistics in your report.
Discuss the influence of any Federal government or state government programs, such as tax credits or tax deductions for energy-saving/efficiency purchases, on your decision to make your last big purchase; or if government incentives did not factor into your decision, explain why not.
Develop conclusions about the economy’s influence on personal and business decision-making relative to purchases of big-ticket items, investments, or other major purchases.
Cite a minimum of three peer-reviewed sources. Note: The Federal Reserve of St. Louis, the Bureau of Economic Analysis, and the Bureau of Labor Statistics can be cited to fulfill this requirement.

Format your paper consistent with APA guidelines.

Address the following in your paper:

Explain the JIT philosophy.
Explain the metrics and processes that you will use to monitor and sustain planned improvements for the organization.
Develop metrics to quantify the level of improvement needed in your selected processes.
Compare and contrast various measurement techniques that can be used to measure and sustain the new To-Be process.
Select one or two measurement techniques, and describe why they were selected for this organization.
Describe Value Stream Mapping and how it can be used to improve the To-Be Process.
Evaluate the most important parts of the Value Stream Mapping.
Recommend ongoing processes that will benefit the organization.
Analyze how the organization can sustain continuous improvement by using the new, improved processes.
Cite at least three references.

Format your paper consistent with APA guidelines.

Travel Writing

Pretend you are a travel writer. Your assignment is to write about a landscape or place that you have visited that you think others might enjoy. It can be local, national, or international. It can be a city, town, country, state, island, region, or other location. It can be anywhere that you have lived or visited. As part of your travel article, you must include a general background of the area, map, pictures, and information on some of the specific places of interest worth visiting. Below are the specific requirements for this assignment. Be descriptive, and have fun with this one!

Travel Writer Assignment Requirements Check List

Brief general description of the travel location.

Include information such as the following: where the place is located, why you picked the location, ethnicity of the people, beliefs, language spoken, climate, or any important cultural, geographical, and/or historical information you think would be interesting to the reader.

A map of the location (the type of map is up to you)

Provide a description of at least two specific places of interest at the travel location. Places of interest can include: a landmark, place, monument, or landscape that is insightful into the area’s history and/or culture.

It is required that the description of the place of interest include the following:

1. Description and background of the place of interest (include information such as follows: name, man-made? Age? When built? Size? Why was it built? Who built it? Is it natural/not man made? Has it been altered by man?)

2. The symbolism, meaning, or cultural significance that is attached to the place of interest? What does it mean to people? What does it symbolize?

3. How does the place of interest impact the local community or local culture in a positive and or negative way (tourism? recreation? jobs? beauty? worship?community? environmentally?)

4. Include an image of the place of interest in your travel essay. *Remember the images must include citations/reference.

Your paper should be written in APA style with a minimum of 2 pages (not including the title and reference pages).

At least one source, other than the textbook, is required to be used for this assignment. You can use travel websites, related magazines (e.g., National Geographic).

APA in-text citations for all images and written material taken from sources is required. If the image is your own picture, please indicate so in the citations/reference.