Fiscal policy

Milton Friedman argues that the correlation between general price level and money supply is captured using the economic equation of exchange. MV=PY where Money supply/Quantity of money. On the other hand, V=Velocity of money circulation, while P and Y represent General Price and Real national income respectively. The according to Milton Friedman, the equation means that the total value of the quantity of money multiplied by velocity equals the money value acquired at the output. Regarding the…

In the book Money, Greed, and God, Jay W. Richards talks about many great concepts involved with economics and God. The four concepts I will be going over are, usury, The first concept that I will be going over is usury. Webster’s dictionary defines usury as, “the lending of money with an interest charge for its use; especially: the lending of money at exorbitant interest rates.” This concept has helped me view money in a different light due to the fact that I haven’t put a lot of thought into…

2.3.1.2. Economic Factors Affecting Real Property Valuation: Economic influence refers that the value of property is affected by certain economic principles. The most important of this principle consist of commercial and industrial trends, employment trends and wage levels, availability of money and credit, price levels, interest rates and tax burdens. According to Amoh Anti (2003) the study in Sweden concerning property valuation affects national output as measured using the gross domestic…

Social workers need to remember their mandates, policies of the agency and their ethical responsibility to the clients. The client has admitted to the social worker that she was breaking policies set by Employment and Income Assistance by earning more than the allotted amount. The social worker cannot divulge this information to Employment and Income Assistance Agency.…

The Adoption Assistance and Child Welfare Act (AACWA) of 1980 (Pub. L. 96-272) was enacted after it was discovered that too many children were being placed in foster care too quickly and for too long during the 1970’s. The AACWA was to promote keeping the families together and placing the children in permanent placement rather than placing them in foster care. Title IV-E was created as part of the AACWA and provides federal funding for educating and training the child welfare workforce in…

5.1 Liquidated Damages: • Due to the contract being sucked away in the aftermaths of Hurricane Llewelyn, it is unknown whether the contract had a liquidated damage clause. (2-718) • If it did, we would be required to determine if the liquidated damage clause caused a penalty or not on the breacher 5.2 Expectation • The goal of the expectation damage would be to put MJC where they would have been had NSH performed. To do that you must take the difference of the market price at the time when the…

Solution to question 1: OTPPB is facing several issues regarding to its investment: 1. Under the current progressive investment strategy, the pension plan continuously generated high surplus. However, as the long-term surplus growth getting higher, it caused the short-term surplus losses and a rise in contribution rates. 2. Inflation is a problem in terms of OTPPB’s current assets allocation. By 2000, 60 per cent and 18 per cent of the plan’s assets were invested in equities such as stocks in…

The Primorsky Krai is a strategically important subject of the Russian Federation, which is directly adjoining Northeast Asian countries, and might become new social and economic development center in the Pacific Rim in the foreseeable future. The regional GRP rate has a constant growth and takes one of the leading positions in the Far Eastern Federal District of Russia. The dynamics of the GRP point to the positive development for the last 5 years, with the slowdown of the economy in 2012…

Keynesianism on economic sustainable development Keynesians examine the relationship between money, unemployment and prices. The main idea is the fact that the amount of money that people were saving was more than which was being invested. Keynesians argue that this can happen when the interest rates on savings are high and people will want to make more money from their savings. However, this leads to rising rates of unemployment, because people do not want to spend much of what they earn from…

Why is the USD weakening simultaneously with the economic skyrocketing? The artificial disappointment with soaring inflation helps US producers to export their goods cheaper The Big Mac Index indicates the inconvenience which causes the high US Dollar Let's imagine a currency which has a great economy behind it, the economy is doing well, the unemployment rate is at the 16-year low level, the local stock market is soaring to record highs and the central bank has hiked the interest rates thrice…