economics writing question and need a sample draft to help me learn.
Requirements: 3 pages
TECHNICAL REQUIREMENTS: Font & Formatting: ● 1-inch margins all around (we will measure, YOU must make sure that your uploading is printing correctly, this is not my or the grader’s responsibility, it is yours.) ● Use a clear, readable, font such as Verdana, Calibri, Tahoma or Arial, etc. Please be consistent and use the same font throughout. ● Use black text on a white background. Avoid colored backgrounds or text in a color other than black unless you have special permission to use them (for example, if you’re dyslexic). ● Use 12-point font for the body of your assignment. ● Use double spacing, only one-line space between paragraphs ● Left-justify your work (also known as left-aligned). ● Use bold for headings. Not underlining or italics. Things to Include: ● You must have a(n) Title, Introduction, Thesis Statement, Transitions, Topic Sentences, Body Paragraphs, Conclusion, and References Page(s). ○ Please divide your paper into titled subsections ● As well as a reference page, parenthetical references are required within the text of the paper. ○ The reference page(s) DO NOT count towards your FULL pages of text. ● Graphs and Tables are required. These (Graphs and Tables) should each have their own page with a title (on the top of the page) and a description of no less than two complete sentences (below the table or graph). ○ These pages DO NOT count towards your FULL pages of text, and should be located after the conclusion and before the references. ● All papers should include a header on the front page. This header DOES NOT count toward your FULL pages of text. It should include: ○ Your name ○ Student ID# ○ The Course Number Citations: ● Please use Chicago Author-Date Style for your references and in-text citations Length: ● Minimum 3 pages, Maximum 5 pages
Essay Topic: Inflation has always been an important economic issue in every age and paradigm. In times of great inflation stress, countries are particularly at risk of regime change; many countries fall in and out of civil war due to inflation pressures, it has even been a part of the reason for entire global conflicts. The relationship between the government and inflation is far from settled in academic debates. In this essay: There are three large forces that affect inflationary pressures: 1. Easy monetary policy (low interest rates) 2. Boosts in demand by government spending 3. Controls on the prices of inputs used in production In this essay you will play the part of fiscal policy advisor. You will: • explain how the three forces contribute to inflationary pressure, • explain how the government has used policy in the past to combat inflation (with each of the three above forces). (this will be a source of most of your references) • Give your thoughts on how to best execute economic public policy in times of inflationary distress (please recall all of the public choice information we covered). o The setting for this essay is our economy at a 9% inflation rate and is expected to rise in the near future. o For this essay, let us assume that the Federal Reserve is perusing the action of gradual interest rate increases with the goal of getting inflation under control, o the current interest rate is 3.5% and rising
TECHNICAL REQUIREMENTS: Font & Formatting: ● 1-inch margins all around (we will measure, YOU must make sure that your uploading is printing correctly, this is not my or the grader’s responsibility, it is yours.) ● Use a clear, readable, font such as Verdana, Calibri, Tahoma or Arial, etc. Please be consistent and use the same font throughout. ● Use black text on a white background. Avoid colored backgrounds or text in a color other than black unless you have special permission to use them (for example, if you’re dyslexic). ● Use 12-point font for the body of your assignment. ● Use double spacing, only one-line space between paragraphs ● Left-justify your work (also known as left-aligned). ● Use bold for headings. Not underlining or italics. Things to Include: ● You must have a(n) Title, Introduction, Thesis Statement, Transitions, Topic Sentences, Body Paragraphs, Conclusion, and References Page(s). ○ Please divide your paper into titled subsections ● As well as a reference page, parenthetical references are required within the text of the paper. ○ The reference page(s) DO NOT count towards your FULL pages of text. ● Graphs and Tables are required. These (Graphs and Tables) should each have their own page with a title (on the top of the page) and a description of no less than two complete sentences (below the table or graph). ○ These pages DO NOT count towards your FULL pages of text, and should be located after the conclusion and before the references. ● All papers should include a header on the front page. This header DOES NOT count toward your FULL pages of text. It should include: ○ Your name ○ Student ID# ○ The Course Number Citations: ● Please use Chicago Author-Date Style for your references and in-text citations Length: ● Minimum 3 pages, Maximum 5 pages
Essay Topic: Inflation has always been an important economic issue in every age and paradigm. In times of great inflation stress, countries are particularly at risk of regime change; many countries fall in and out of civil war due to inflation pressures, it has even been a part of the reason for entire global conflicts. The relationship between the government and inflation is far from settled in academic debates. In this essay: There are three large forces that affect inflationary pressures: 1. Easy monetary policy (low interest rates) 2. Boosts in demand by government spending 3. Controls on the prices of inputs used in production In this essay you will play the part of fiscal policy advisor. You will: • explain how the three forces contribute to inflationary pressure, • explain how the government has used policy in the past to combat inflation (with each of the three above forces). (this will be a source of most of your references) • Give your thoughts on how to best execute economic public policy in times of inflationary distress (please recall all of the public choice information we covered). o The setting for this essay is our economy at a 9% inflation rate and is expected to rise in the near future. o For this essay, let us assume that the Federal Reserve is perusing the action of gradual interest rate increases with the goal of getting inflation under control, o the current interest rate is 3.5% and rising
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