The economic recovery plan was brought to a halt late 2012 by the federal government when cuts in military spending and other factors overwhelmed the Federal Reserve's expanded campaign to stimulate growth (Appelbaum and Schwartz, 2013). Beginning March 1, 2013, significant federal spending cuts were put in place, increasing the amount of payroll taxes paid by most Americans, with the expiration of a temporary cut in early January 2013 (Appelbaum and Schwartz, 2013). ... This past summer, however, Federal Reserve chairman Ben Bernanke tripled the size of the money supply in his policy ...

• Word Count: 1445
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

Many countries stockpiled their extra reserves, and although this may be seen as waiting for higher prices in a period of economic growth, it definitely indicates a volatile food market. ... Also, nations could hold part of their reserve in foreign currency, since gold supply was limited. ... A second weakness in the system was the fact that the U.S. and France increased their gold reserves well beyond what they were liable for, whereas other countries had shrinking gold reserves and liability beyond their actual holdings. ... A third weakness was each country's ability to hold part of...

• Word Count: 1758
• Approx Pages: 7

After the crisis, Citigroup was offered a federal bailout from the Congress under TARP and an endless credit from the Federal Reserve. ... Citigroup also managed to bring in revenue of $19.7 billion. 18 On March 11th, Citigroup released an article stating that they have been given approval to conduct "Planned Capital Actions" by The Federal Reserve Board. ...

• Word Count: 1919
• Approx Pages: 8
• Has Bibliography
• Grade Level: High School

Economic Growth refers to the expansion of a countries productive possibilities. Economic growth is measured by changes in real GDP. The level of increasing economic growth will determine, to a large extent, people's incomes and living standards in a country. Macroeconomic theory which involves the ...

• Word Count: 2293
• Approx Pages: 9
• Grade Level: Undergraduate

"The 1929 Wall Street Market crash had a significant political, social and economic implications for all countries in the western world." To what extent do you agree with this statement? Argue your case with particular reference Great Britain, Germany, Italy, Japan, Russia and USA. The crash...

• Word Count: 1610
• Approx Pages: 6

The Great Depression was a severe economic downfall, starting in 1929 and lasted until about the late 1930's or early 1940's. The Great Depression was the longest and most widespread depression of the 20th century. Economists have very different ideas and theories about what exactly caused the Great...

• Word Count: 1629
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School

Effects of unemployment are not only economic but also social, Federal Reserve Governor Mishkin summarizes in a (reference 3 2007 speech, high unemployment) "is associated with human misery, including lower living standards and increases in poverty as well as social pathologies such as loss of self-esteem, a higher incidence of divorce, increased rates of violent crime, and even suicide....

• Word Count: 1530
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

The New York Times best seller, "The Price of Inequality," by Joseph E. Stiglitz, talks about the struggles that America's 99 percent population is dealing with when it comes to financial freedom and the "American Dream"." It explains how the top 1% gets richer, while the rest of America's populatio...

• Word Count: 1946
• Approx Pages: 8
• Has Bibliography