500 – 700 word report about an article from a current (not older then -1-2020) online magazine or newspaper. NOTE THAT YOU NEED TO DO THE FOLLOWING:
Type or cut paste in the text of your own paper in the box provided under Assignment and
Copy and submit the original article (not your paper) as an attachment (click Add/remove Attachments). Also remember to show the WWW address where you retrieved the article.
What is the paper about?
This is a very specific paper assignment; it is an editorial, or a position paper that must follow a strict discipline in writing, using specific fiscal theories of government taxation and/or spending to bring about noninflationary full employment. Make sure that the article you choose is not an editorial and is not on information that are analyzed by an economist — remember that you are the economist and you are writing this editorial.
Part I. Summary
First, you must find an article (that is not an editorial and is not on information that are analyzed by an economist/editor) that contains an issue that lends itself to analysis by using Fiscal Theories. Once you have decided that the article is appropriate, you must then summarize it using your own words. The information you summarize in Part I is to be used in your analysis in Part II. Only information from the article that is included in the summary can be used in the analysis.
Part II. Analysis
Second, Use Fiscal Policies (Government taxation and spending to bring about noninflationary full employment) to analyze the information that you got from the article and you placed in the summary.
Part II correct and complete analysis is essential to be able to draw inferences in Part III.
Note: Do not use the pronoun I, use the appropriate theory to just analyze the information stated in the summary (you are not to explain the theory).
Part III. Drawing Inferences
Third, draw inferences (also known as prediction or provide a criticism or give solution of what fiscal policies to use to bring the economy noninflationary full employment) based on the issues summarized in Part I and analyzed in Part II using the same economic theories you used in part II above.
Note 1: You can also submit drafts under ” Discussion” “Paper 2 (Article Report Two Discussion Forum”. This forum is most helpful when you submit a fully written paper.
Note 2:
The USA economy as of March is at 1.6% inflation (the Federal Reserve considers 2% inflation as an ideal target rate), and 3.5% unemployment and 4% unemployment is considered as “Natural Rate of Unemployment–NARU” or full employment.
