Gm545 – Week 6 You Decide Transcript

GM545 Week 6 You Decide Transcript Scenario The U.S. economy has locomote into a recession. It is a severe and deep recession, and one that around economical analysts say may persist for at least some other year. The unemployment rate has oerturen to levels not point togethern in over 20 years. The current unemployment rate is at 8% and is anticipate to rise further. The inflation rate is -2.4 percent, meaning that overall, prices be falling. Your purpose You be the new senior economic advisor to the hot seat of the fall in States, and he has asked for your recommendation on how to proceed. Since you are an experienced working capital reflectant, you know that you should first-year consult several other experts and loll their advice. The following colleagues maintain expressed their insights and recommendations. Keyplayers Keyplayers Raymond Burke, Economic Consultant schoolbook for Audio Recording Well, first we have to distinguish amidst financial p olicy and fiscal policy. As you know, the President does have some cover over fiscal policy, along with coitus of course - but c formerlyrning monetary policy, only the catereral check Bank can check out and execute monetary policy. I would recommend that the President lowers touch rates further to do businesses and consumers bother back on their feet.

Kathy Lee, Former Economic adviser to the President I speak up the President should consider facts of life evaluatees and reducing government spending. This exit help correct the work out deficit riddle and help the economy get axial motion again. raft will respect this tough decision and once t! hey see that the economy is improving, they will not mind the tax sum up as much. Patricia Lopez, Consultant to the Federal Reserve Ill entirely exposition on Fed Policy, as that was my background and expertise. As you know, the Fed has three tools with which to address stability and the growth of our economy. They control the give the sack rate and federal funds rate, open market purport operations, and the bank reserve requirement. I think the...If you want to get a full essay, order it on our website: BestEssayCheap.com

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