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Papers On Fiscal Policy
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Explaining the GDP
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A 5 page research paper that explains what the GDP is and its significance as an economic indicator. The writer also outlines a brief history of the GDP measurement and summarizes an argument put forth by some scholars that US economic policy is overly reliant on such indicators in formulating public policy. Bibliography lists 3 sources.
Filename: khgdp.wps
Federal Budget Process – The Role Of Congress
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A 5 page paper. The budget process is outlined in the Congressional Budget and Impoundment Control Act of 1974. The process begins with the President submitting a proposed budget to the congress on the first Monday in February. This paper describes the activities of both bodies of Congress beginning with the process of agreeing on the budget resolution. Bibliography lists 4 sources.
Filename: PGfedbdg.rtf
Fiscal and Monetary Policy; Effects on Business
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A 7 page paper discussing how fiscal and monetary policy affects business activity. Both fiscal and monetary policy are effective in stimulating growth in a depressed economy, but monetary policy has the greatest immediate and short-term effect. Fiscal policy sets the nation’s tone, defining whether it is or is not friendly to business. Monetary policy affects daily decisions, however. Of the two, monetary policy is the most effective, but both work in concert together. Bibliography lists 7 sources.
Filename: KSeconFisPol.rtf
Fiscal Benefits of Socially Responsible Practices by Corporations
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This 30 page report discusses a wide array of the issues surrounding good corporate citizenship. Despite old-time business thinking, corporations that are developed, operated, and committed to the philosophy of social responsibility are also more likely to reap the success and acclaim than businesses that exist only to turn a profit. Bibliography lists 20 sources.
Filename: Fiscben.wps
Fiscal Policy: Defense Spending
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A 5 page paper. This essay provides data regarding the appropriations made to the military since 1990 and the increases recently approved. The writer then presents an argument in support of increasing the budget for defense spending. Bibliography lists 5 sources.
Filename: PGdefsp.wps
Foreign Exchange Currency Markets
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This 3 page paper discusses foreign exchange currency markets, as well as the gold standard. Bibliography lists 3 sources.
Filename: HVForExc.rtf
GASB Statement No. 35
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24 pages in length. According to the
Government Accounting Standards Board, their proposed Statement
35 is a revision to Statement 34. This revision will amend
Statement 34 to permit public colleges and universities, in
separately issued financial statements, to use the guidance for
special-purpose governments engaged only in business-type
activities, engaged only in governmental activities, or engaged
in both governmental and business-type activities in their
separately issued reports. Under this guidance, in its
separately issued reports, a public institution is required to
include management's discussion and analysis (MD&A); basic
financial statements, as appropriate for the category of
special-purpose government reporting selected; notes to the
financial statements; and required supplementary information
other than MD&A. Bibliography lists 17 sources.
Filename: JGAgasbs.wps
Germany's Economic Woes
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A 5 page research paper that examines the current economic problems of Germany, who is entering her second decade of economic stagnation. Bibliography lists 5 sources.
Filename: khgereco.rtf
Globalization of Currency Transaction
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This 6 page report discusses the fact that economic globalization and the rise of information technologies have set in motion an almost total reconfiguring of the organization of the world’s economy. The issue addressed is based on the possibility and likelihood of an increased level of globalization of the world’s currency systems.Bibliography lists 5 sources.
Filename: BWcurglo.rtf
GNP and GDP: An Explanation of Terms
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5 pages. Government spending on goods and services is a significant fraction of the total output of the economy. Total consumer spending, investment, government spending and net foreign spending on final goods and services are the components that make up most of the gross national product. This paper goes into lengthy detail of the difference between the gross national product (GNP) and gross domestic product (GDP). Bibliography lists 4 sources.
Filename: JGAgdgnp.wps
Government and The Economy
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A 4 page research paper that discusses the effect of government policies on the American economy. The writer argues that while many aspects of Keynesian economic theory are still applicable today, examining the effects of the global marketplace shows that this picture is rapidly changing, which means that Keynesian policies and tactics no longer work quite like they used to in past decades, and this limits the effect of government policy on the economy. Bibliography lists 4 sources.
Filename: khgovep.rtf
Government Spending As A Percentage Of GDP
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An 8 page paper discussing the 1998 disappearance of the federal budget deficit and the possibility of linking government spending to growth of GDP. Linking government spending to GDP would result in total chaos within the government and in all of the programs on which it manages to spend so much. While it is true that government spending increases have trailed increases in tax revenues based on constant or lower tax rates, there is never a guarantee those revenue increases will continue. So far, economists have not been able to agree even on the reasons for the long period of economic growth, much less how to ensure its continuation. Bibliography lists 7 sources.
Filename: Govspend.wps
Government Tax Strategies
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This 7 page paper looks at a fictitious scenario concerning tax strategies for an unnamed state. Several options in terms of consumption taxes are explored. Bibliography lists 5 sources.
Filename: govTaxes.wps
Government’s Role in the Economy
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An 8 page paper discussing what government’s role should be in the national economy. The paper concludes that true laissez-faire is not workable, but neither is the heavy-handed regulatory environment in which business is able to operate with only part of its abilities put to use. The federal government walks a fine line between “enough” and “too much” government. It terms of the economy, it needs to err on the side of not doing enough, leaving the market to find its own level. Bibliography lists 4 sources.
Filename: KSeconGovtRole.rtf
Gross Domestic Product and the 2002 Economic Report of the President of the United States
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This 8 page report discusses the macroeconomic realities of the gross domestic product or GDP and the ways in which it serves as an important indicator of the health and well-being of a nation’s economy. Information from the President’s report is tied in with the most basic aspects of how and why the status of the GDP matters in the economy. Bibliography lists 3 sources.
Filename: BWmaceco.rtf
Henry Hazlitt's Arguments
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This 5 page paper discusses three of the concepts Hazlitt puts forth in his classic Economics in One Lesson: the Broken Window fallacy; Blessings of Destruction and Public Works Promotes Taxes. The Blessings of Destruction is an extension of the Broken Windows fallacy. Hazlitt's general theme is that people fail to look beyond the immediate effects of any economic policy. People tend to see only what is clearly visible to their own eyes; they need to extend their thinking. Each of these concepts are explained with examples. Bibliography lists 1 source.
Filename: PGhazlt.rtf
House Bill 672 in New Hampshire
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7 pages in length. The introduction of House Bill 672 in New Hampshire provides for
equal mental health insurance benefits compared to medical health
insurance benefits. This is an important step forward in solving
the problem of inequality in these health benefits, and is at
least partly due to nursing's unique contribution to the solution
of the problem. Bibliography lists 7 sources.
Filename: JGAhb672.wps
In Favor Of National Budget Equilibrium
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A 2 page paper briefly explaining why neither deficit nor surplus operation is desirable when applied to the federal budget. Deficit spending robs from the future; surplus operation fails to gain full advantage of all resources available. Equilibrium is optimum. Bibliography lists 6 sources.
Filename: Deffini.wps
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