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Introduction: Find a timely article that deals with money, banking, and the inner-workings of monetary policy in an established newspaper or magazine that has been published in 2021. The following is...

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Introduction:

Find a timely article that deals with money, banking, and the inner-workings of monetary policy in an established newspaper or magazine that has been published in 2021. The following is a list of possible newspaper and magazine sources:

Newspapers:

  • The Wall Street Journal
  • The Financial Times
  • The New York Times
  • The Washington Post
  • The Los Angeles Times

Magazines:

  • Foreign Affairs
  • The Economist
  • Bloomberg Businessweek
  • Dollars and Sense
  • The Nation
  • Foreign Policy
  • The Atlantic

This is not an exhaustive list of possible sources. If you find an article in another newspaper or magazine please confirm with me that it is an acceptable source.

Directions:

Most articles in financial publications that deal with money, banking, and the inner-workings of monetary policy presuppose that the reader has a sophisticated understanding of the topic at hand. Your job is to essentially rewrite the article for a general audience that knows nothing about money, banking, and the inner-workings of monetary policy. Therefore, you need to touch on all of the key points outlined in the article and spend a significant amount of time explaining the underlying concepts and theories embedded in the article to an audience that knows nothing about the topic. You need to utilize the knowledge that you have gained from the money, banking, and monetary policy section of the course.

The writing assignment needs to be 3 pages long (excluding any graphics used) and it needs to be double spaced with size 12 font. The assignment will be graded based on the correct use of economic theory, proper use of grammar, insightfulness, and supporting evidence.

Sources need to be cited within the paper and in a works cited page. You don't have to follow APA or MLA formats, but you need to make sure that you cite your sources. The paper needs to be uploaded as a Word document file into Canvas (Vericite).

Answered 7 days After Jul 30, 2021

Solution

Abhishek answered on Aug 06 2021
154 Votes
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Title: Macro Economics
An Article Elaboration from the Los Angeles Times
According to the American Bankers Association Economic Advisory Committee (EAC), there will be a sharp increase in the growth at a fast pace for about 4% after the economic recession that has occu
ed due to Covid-19 pandemic situation in the U.S economy. Economic Advisory Committee is the independent body for providing financial advice to the nation's government (Pike et al.).
This institution highlights the key economic facts, and the prime minister of the nation is supported by them to take decisions regarding inflation and other financial issues of a country. The senior vice president Baeta Caranci of the TD Bank Group and the cu
ent chairperson of EAC have told that the impact of Covid-19 is still there this year (Williams). The commercial operations could not occur because the store shut down due to this pandemic situation and the importance of maintaining social distance.
It is expected that in the second quarter of this year growth will be accelerated. As the vaccination has been started, it is now foreseeable that the stores will open again, and the normal lifestyle will try to be
ought back. The restaurants, theatres, and stores will soon be able to reduce the restrictions that have been imposed. There is extreme support from the part of the federal group, which is about $900 billion (Williams).
Hospitalization has been transformed into vaccination, which is why the economic growth will occur this year, which has been told by Caranci. The timing when this will start is a conflicting decision; while some are saying it will come up in the spring, some are not so...
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