Call us 24/7: + 1(925)399 0085

Get your paper done by an expert

No matter what kind of academic paper you need, it is simple and secure to hire an essay writer for a price you can afford at StudyAcer. Save more time for yourself.

WhatsApp + 1(925)399 0085
$ 10
free
  • bibliography
  • title page
  • revisions
per page
19 k happy customers
4.7 out of 5 satisfaction rate
27 writers active

| Economic Issues Essay

Bureau of Economic Analysis, (2012). U.S. Economic Accounts. Retrieved May 9, 2012 from: http: // www.bea.gov/

According to Bureau of Economic Analysis (2012), the economy’s current business cycle is expansion. This is attributed to the consistent growth rate in the real GDP since businesses are stabilizing and have started to produce more products as reported by the BEA in 2010. BEA (2012) notes that this expansion is also attributed to the rise in the Consumer Price Index which is caused by the increase in consumer demand which in turn encourages more production. Equally, there has been a steady but slow increase in employment rate, at 9%, due to the increase in investments around the world.

Gans, J. (2011). Principles of Economics. South Melbourne, Vic.: Cengage Learning.

Economically, increase in GDP is universally viewed by firms as an economic goal since it is an indicator for firms’ expansion. Gans (2011) notes that GDP does not necessarily means economic welfare since it does not put into consideration factors such as the households production and the value of leisure time. However, GDP is still preferred because it is the most accommodative method of determining the level of economic growth. Other factors such as GNP can also be used to measure the economic welfare.

Burdekin, K. (2004). Deflation: Current and Historical perspectives. Cambridge: Cambridge University Press.

Deflation, decrease in general price of commodities over a period, is another factor that slows the economic growth. It results into increased unemployment, reduction in profits, and the fall in the domestic capital. In order to reduce deflation, Burdekin (2004) observes that monetary policies such as increase in money supply by the central bank and reduction of interest rates should be put in place. He further notes that prolonged deflation can lead to businesses collapse because of insufficient profits or additional losses.

Steiter, D, & Rhodes, D. (2010).Accelerating out of the great recession: how to win in a slow-growth economy. New York: McGraw-Hill.

According to Steiter & Rhodes (2010), another factor that destabilizes the economy is the recession period. It is characterized by a general reduction in personal consumption. This phenomenon can be controlled and eventually eliminated by; increasing money circulation, balancing the interest rates, and finally reducing taxes. However, the businesses that operate as monopolies and the ones producing the necessary products may continue to thrive well since they do not experience any great decrease in demand. Its general effect to the firm is that of the reduction of profits and capital insufficiency.

Our guarantees

Study Acers provides students with tutoring and help them save time, and excel in their courses. Students LOVE us!No matter what kind of essay paper you need, it is simple and secure to hire an essay writer for a price you can afford at StudyAcers. Save more time for yourself. 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

Our Homework Writing Disciplines

With a highly diverse team in almost all academic fields including: