Business Finance
Effectiveness of the Counter-Cyclical Policies, economics homework help

Question Description

I need an explanation for this Economics question to help me study.

Purpose of Assignment

This assignment addresses how both monetary and fiscal policies have been used during the so-called Great Recession, which began in December 2007 and ended in June 2009, to the present to moderate the business cycle.

Assignment Steps

Create a minimum 10-slide PowerPoint® presentation, including (detailed speaker:VERY IMPORTANT) notes or voiceover, in which you analyze your choice of one the following markets or industries:

  • The housing market
  • Financial markets
  • Commodity and stock markets
  • An industry of your choice, such as the automobile industry, the airline industry, retail trade, or any other major industry that suffered heavy losses during the Great Recession

Your analysis will extend from the beginning of the Great Recession, which was December 2007, to the present and should include the following:

  • An Excel® workbook with the following datasets:
    • One dataset related to the U.S. housing industry such as housing starts, the FHFA housing price index, or another dataset of your choice related to the housing market.
    • One dataset related to personal or household income or to personal or household saving.
    • One dataset related to the labor market such as the unemployment rate, initial claims for unemployment insurance, or another dataset of your choice related to the U.S. labor force.
    • One dataset related to production and business activity within the market or industry you choose to analyze.
  • Find your datasets by using different internet data sources, including, but not limited to, the Federal Reserve Bank of St. Louis's FRED site, U.S. Dept. of Commerce's Bureau of Economic Analysis (BEA), U.S. Dept. of Labor's Bureau of Labor Statistics, U.S. Census Bureau, and The Organization for Economic Co-operation and Development (OECD). Using data results analyze the economic and sociological forces that drove the market equilibrium to unsustainable heights, commonly referred to as "bubbles," and the shocks that brought the markets back down.
  • Discuss specific changes in supply and demand within the markets and/or industries you chose to analyze.
  • Examine prior government policies and legislation that might have exacerbated the impact of the shocks. Also, discuss government actions/regulations that might be undertaken, and/or have been undertaken, to moderate the effects of extreme economic fluctuations.
  • Evaluate the actions of the federal government (fiscal policy) and the Federal Reserve (monetary policy) to restore the economy and foster economic growth. Base your evaluation on information available at Internet sources such as, but not limited to, the Fed's The Economy Crisis and Response website as well as other appropriate sources found on the Internet and in the University Library. Be sure you address the effectiveness of those counter-cyclical policies.

Cite a minimum of three peer-reviewed sources and economic data not including the course text. Submit the data results in a separate Microsoft® Excel® file.

Format the assignment consistent with APA guidelines.


Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

Attached.

YEAR
Housing starts in thousands
FHFA Housing price Index
Home ownership rate as %
CPI: Housing

2007
1.342
375,66
68,8
209,6

2008
900
356,62
67,8
216,3

2009
554
336,82
67,4
217,1

2010
586
323,04
66,9
216,3

2011
612
310,72
66,1
219,1

2012
784
310,04
65,4
222,7

2013
928
322,33
65,1
227,4

2014
1.001
339,38
64,5
233,2

2015
1.107
357,69
63,7
238,1

2016
1.107
372,1
62,8
246

2017
1.092
188,2
62,1
132

YEAR
House hold saving rate as %
Household income in dollars
Household saving in billion dollars

2007
3,08
57.423
309,3

2008
5,09
55.376
600,5

2009
2010
2011
6,32
5,82
6,32
54.988 53, 568
52, 751
758,4
698,5
784,7

2012
7,89
52.666
999,7

2013
2014
5,18
5,77
54, 525
53, 718
694,9
788

2015
2016
2017
6
5,69
5,25
55.350 56, 516
56, 229
858,2
856,7
855

YEAR
2007
Unemployment rate
4,6
initial claims for unemployment insurance 10,8

2008
5,8
10,87

2009
9,3
11,13

2010
9,6
10,82

2011
8,9
11,04

2012
8,1
11,19

2013
7,4
10,7

2014
6,2
8,8

2015
5,3
8,9

2016
4,7
1...

Boston College

Anonymous
The tutor managed to follow the requirements for my assignment and helped me understand the concepts on it.

Anonymous
The tutor was knowledgeable, will be using the service again.

Anonymous
Awesome quality of the tutor. They were helpful and accommodating given my needs.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4