The State of the US Economy Essay

Description
Reflect on how you answered the questions in the Week 1: Discussion – The State of the Economy:
How has the U.S. economy been doing in recent years? Why do you think that is?
Gather relevant economic statistics, such as the growth rate of real GDP, the unemployment rate, and the inflation rate, to support your case.
In recent years the economy has generally been doing well. While the COVID anomaly has caused a recession and will no doubt impact our economy in many ways for years to come, prior to COVID we have been doing well, steadily climbing at a rate of about 2.5%. The Dow Jones Industrial Average, a composite index of 30 large US companies have already recovered to near pre-COVID levels, and the general consensus is that we are moving in the right direction now. (Team, 2020)
I think that we’ve been doing well largely due to our makeup and identity. The US possesses a stable government, a generally well-educated workforce with a solid work ethic and entrepreneurial spirit. The desire and encouragement to open new business and innovate existing business, products and process also helps us to be successful. As of Oct 2nd, 2020 the unemployment rate in the US was at 7.9% and was showing a steady decline since the dramatic increase in March of this year due to the COVID-19 pandemic. Gross Domestic Product decreased at a rate of 31.4% in the second quarter of 2020, almost entirely due to the pandemic.
Assignment:
“How has the U.S. economy been doing in recent years? Why do you think that is? Discuss the impact of economic policies, as well as provide alternatives. Gather relevant economic statistics, such as the growth rate of real GDP, the unemployment rate, and the inflation rate, to support your case.”
In a 3-page paper, address the question and apply the concepts, theories, and sources that you have learned throughout the course to solidify or update your argument.
Explain how your answer has evolved through the consideration of discussions and materials covered.
Week 1: Measuring Economic Performance
Week 2: Fiscal Policy
Week 3: Aggregate Supply, Aggregate Demand, and Economic Policy
Week 4: Monetary Policy
Week 5: Current Issues
Week 6: International Economics
Week 7: The Economics of Developing Countries
Rubric
Grading Rubric for Assignments
Grading Rubric for Assignments
Criteria Ratings Pts
This criterion is linked to a Learning Outcome Clarity and Format: Responses and explanations are correct, clearly presented and properly written.
20.0 pts
This criterion is linked to a Learning Outcome Thoroughness/Completeness: All aspects of the assignment are addressed. All questions are responded to in a thorough, thoughtful, well-developed manner.
20.0 pts
This criterion is linked to a Learning Outcome Data Presentation: Data, findings, and information are accurate and are presented properly in the requested manner, i.e. using the template, in a table, etc.
20.0 pts
This criterion is linked to a Learning Outcome Application of Class Material: Relevant class material and other resources (as applicable) are utilized to support, enhance, and defend conclusions and responses.
20.0 pts
This criterion is linked to a Learning Outcome Use of References: APA-style references are provided for the course text, videos, and any external references, both within the body of the text and in the end reference section. (For assistance with how to reference in APA style, refer to the Purdue OWL following website.
20.0 pts
Total Points: 100.0

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Open chat
1
You can contact our live agent via WhatsApp! Via + 1 3234125597

Feel free to ask questions, clarifications, or discounts available when placing an order.

Order your essay today and save 30% with the discount code GIFT