Saturday, February 15, 2020

Fiscal Policy Assignment Example | Topics and Well Written Essays - 500 words

Fiscal Policy - Assignment Example This system allows for control of discount rates in the various district banks thereby protecting consumers. In addition, the system can be able to control money supply through easing the monetary policy through sale of financial assets to increase money supply. It can also tighten monetary policy through selling financial assets hence reducing money supply. Control via the Federal Reserve System is hence greater in terms of money supply to the economy. The Federal Reserve System monetary policy often influences the levels of spending, prices and employments through a number of means. The Reserve System main goal entails regulating money supply in the economy in order to keep unemployment and inflation low plus to promote steady economic growth. In case of inflation, purchasing power of people reduces and leads to more unemployment in a given economy. The Federal Reserve System in such instances often increases discount rates accorded to banks in an attempt to reduce the money supply in a given economy. It can also reduce money supply through buying of government bonds. In an attempt to increase spending and employment in a given economy, the Federal Reserve System often lowers the interest rates it gives to various banks. This hence results in people remaining with more money hence increasing spending. When more people spend money in buying goods and services, indicates that producers will concentrate in producing goods and services thereby creating more employment

Sunday, February 2, 2020

The advantages of getting a good knowledge and learning in community Term Paper

The advantages of getting a good knowledge and learning in community - Term Paper Example One of the main advantages of getting a good knowledge and learning in the community is the reduction in illiteracy. Reduction in illiteracy means that there is an increase in literacy and knowledge. Reduction in illiteracy is also associated with a decrease in unemployment. The question is, how is getting a good education and knowledge connected with an increase in knowledge and the reduction in unemployment? It can be said that as an individual; if one obtains a good education and knowledge, and later on becomes a parent, he or she is likely to pass on the obtained education and knowledge to his or her children. Dummett, Hughes, and Stephenson (2013) reported â€Å"The problem often is that such knowledge is stored only in local people’s minds, and it is passed from generation to generation.† (p. 130). Nevertheless, a strong and formal education background enables the child to learn beyond what the community he or she resides in, hence, adding to their knowledge. Enha nced knowledge goes a long way in reducing unemployment. An examination of the Arab Spring indicates that the Arab spring can be associated with the large rates of unemployment. Hamdan (2011) notes that quantity in place of quality is not appropriate for education. Passing on quality education and knowledge to each generation ensures that they gain the required concepts and ideas that they can use to develop self-employment. Self-employment means that the persons making up a large part of these generations become job creators and not job seekers. In turn, this reduces the unemployment levels by having the job creators employ more and more persons. Another advantage of getting a good education and knowledge is sustainable human development. McKeown (n.d.) opines that education is an important tool for attaining sustainability. Development alone is not enough if it cannot be sustained.