Purchase Solution

employment, recession, president, inflation, economic, strat

Not what you're looking for?

Ask Custom Question

Suppose that you are the chief economic adviser to the President of the U.S. You are asked to propose a strategy to bring the economy out of recession. Your goal is to avoid inflation and yet bring the economy to full employment as rapidly as possible. What will be your main strategy? Why? Give reasons to support your strategy.

Purchase this Solution
Solution Summary

This solution discusses excellent strategies for bringing the economy out of a depression.

Solution Preview

The main strategy will be achieving full employment by reducing tax rates and increasing government spending. The government spending will be directed in such a manner that immediate increase in employment will be achieved. For example, government spending on infrastructure will increase employment opportunities very quickly. ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
  • "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
  • "Thank you kindly sir. "
  • "Excellent and well explained. --Thank you kindly. "
  • "Awesome notes. I appreciate you."
  • "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution
Free BrainMass Quizzes
Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

View More Free Quizzes
Related BrainMass Solutions

  • strategy to bring the economy out of recession

    Suppose that you are the chief economic advisor to the president of the U.S. You are asked to propose a strategy to bring the economy out of recession.

  • Recession, Economic Trends and Impact on the Business Cycles

    A recession may involve simultaneous declines in coincident measures of overall economic activity such as employment, investment, and corporate profits.

  • Macro-economics

    327888 Macro-economics Suppose that you are the chief economic advisor to the president of the U.S. You are asked to propose a strategy to bring the economy out of recession.

  • GDP, employment increase, and inflation increase

    This solution contextualizes economic facets during a business expansion period of the business cycle as well as economic downturns in ares such as GDP, employment increase, and inflation increase.

  • Inflation rate to accelerate if actual unemployment rate declined

    Causes of Economic Recession in the USA Recession may be defined as a significant decline in economic activity spread across the economy. The current US economy is facing recession state of business cycle.

  • Determining the Effects of Discretionary Fiscal Policies

    Automatic stabilizers are expenditures that have stabilizing economic effects, both lowering economic output in times of economic expansion, and dampening the effects of a recession. These include unemployment insurance and progressive taxation.

  • Federal Reserve Bank Policy Conflicts and Limitations of Monetary Policy

    However, in practice, when the economy is in a recession or the economic growth rate is low, the Federal Reserve keeps the interest rates low and this stimulates businesses and increases employment.

  • monetary policy

    The actions of the Federal Reserve kept the inflation level at an acceptable level and at the same time helped increase employment and stimulate economic growth.

  • Business Cycle

    Economic or political conditions including inflation, recession, interest rate fluctuations and actual or anticipated military or political conflicts; (HP, 2010) http://www.econlib.org/library/Enc/BusinessCycles.html.

View More Related Solutions