Topic: “U.S. had a change in political arena; there is a new President who has d
ID: 1123441 • Letter: T
Question
Topic:
“U.S. had a change in political arena; there is a new President who has different outlook on how government should be managed.
Whatever the President would do or does, there will be major changes in the country.”
Based on this information, develop a paper that will project changes on the following variables:
Analyze the changes in Political arena on the following areas:
Impact on consumption/consumers, aggregate demand, supply and price level
Impact on GDP
Impact on International trade
Impact on Interest Rates
Impact on Immigration/employment
Impact on Banking Industry
Your impressions
Lessons learnt – as a student of economics
Explanation / Answer
Answer
1) it is concern of great importance as new president has concentrated on different aspect concerning the economic issues.it will definitely impact on consumption aggregated demand and supply and price level. policies implemented by new president will increase consumption and aggregate demand supply and price level of every sector as demand for dollar has increased for last two years this will help new president to reduce its trade deficit it will help them to frame policies that will increase income, consumption and production activities will grow further.
2) GDP will also increase as income patten have changes and increase little bit that will increase demand and production of consumer good for self consumption .
3 ) international trade will increase as the polices are framed to reduce the trade deficit. export to Canada and Mexico may increase as NAFTA will improve it working aspects.
4) in order to increase the investment recently federal bank has reduced its interest rate by .25% it will increase the investment activities. it is happening due to observation of political atmosphere during the period of trump.
5 employment and immigration may increase as new policy will concentrates on American citizen to get on work.
6 banking activities are also expected to flourished due decrease of interest rate will increase lending activites
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.