ECO 100 Assignment 2: The Fiscal and Monetary Policy and Economic Fluctuations

Assignment 2: The Fiscal and Monetary Policy and Economic Fluctuations

Due Week 8 and worth 150 points

Write a three to four (3-4) page paper in which you:

1. Discuss the current economic situation in the U.S. as compared to five (5) years ago. Include interest rates, inflation, and unemployment rate in your explanation.
2. Explain the changes in interest rates, inflation, and unemployment rates that your research yielded. Explain one reason for each of the changes in interest rates, inflation, and unemployment rates that you identified in Question 1.
3. Identify two (2) strategies based on fiscal and monetary policy that would encourage people to spend money in order to create economic growth.
4. Explain how the two (2) strategies that you identified in Question 3 could affect the unemployment, inflation, and interest rates.
5. Use at least three (3) quality resources in this assignment.