E - activity: Research on the Internet exchange rates for a variety of countries
ID: 2684837 • Letter: E
Question
E - activity: Research on the Internet exchange rates for a variety of countries. Be prepared to discuss. From your knowledge of current events, discuss what you see to be the most important economic policy of today. State your rationale for choosing this economic policy. Articulate whether it is consumers or policy makers who affect the money supply the most in the U. S. Provide your rationale with your answer. From the second e - Activity, identify at least two countries you would want to conduct business with based on their favorable exchange rate and two countries that would not be attractive to do business with. Provide the date, exchange rates, and the Website(s) you researched. Describe the influence the gold standard had on shaping the international monetary system.Explanation / Answer
The most important economic policy in the present context for the U.S what I see is to increase the government spending in the economy. As always Keynesian economics tells us that markets cannot operate freely and whenever there is a glitch in the market. Invisible hand does not operate in true sense. And with deregulations as we have seen previously the financial crisis emerging out of this because of human nature to behave opportunistically which led to such a situation, The present need is to regulate the market slowly and integrate it into the world financial system once again leading to increase in the investor confidence in the financial markets. The increase in government spending is also needed to increase employment opportunities in the US with unemployment rising several new infrastructure projects needs to be taken which will bring in employment opportunities for the people. I hope this helps. Do rate e please. Require ratings :)
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