ADM614 The Impact of Economic Policy on the Market

ADM614 The Impact of Economic Policy on the Market

Details:

Write an essay 1,000-1,250 words regarding the impact of Economic policy on the Market. Include the following:

Choose three government policies that were implemented since the 1970’s to remedy an economic crisis. Evaluate the policies’ effectiveness.

Explain how the Keynesian model of economics was applied to the economic crises of the 1970’s. Was it effective? Explain.

Explain how government creates demand to correct market failure in order to address welfare policies. Provide an example and explain your rationale.

Be sure to cite at least three relevant scholarly sources in support of your content. These sources can include trade journals and think tank reports. Use only sources found at the GCU Library or those provided in Topic Materials.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center.

You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center.

ADM 614 Topic 7 Discussion 1

Choose an instance from the past 100 years of U.S. history where a change in the supply of money effected the economy. Explain how it was affected, including how U.S. monetary policy and the banking system were affected.

 

ADM 614 Topic 7 Discussion 2

As a monetarist, Milton Freidman suggested that the government should only release the amount of money into the economy that matches the GDP production. Discuss how the entire demand curve for money will adjust to the equilibrium point. Would you agree with Milton Freidman’s opinion on the ability of monetary policy to address economic problems? Explain your rationale.

 

ADM 614 Topic 8 Discussion 1

Discuss what institutions and government policies promote economic growth. Explain how these institutions incentivize economic activity.

 

ADM 614 Topic 8 Discussion 2

Income transfers were developed as a part of Lyndon B. Johnson’s war on poverty. Define income transfers. How should traditional income transfers eliminate incidence of poverty? Does it work? Explain.