Final Project
Economic Policies
Economic Policy gives an account of present and planned monetary advancements and helps with the determination of fitting financial approaches. The workplace is in charge of the audit and examination of both household and universal monetary issues and advancements in the budgetary markets. The essential mission of the Office of the Assistant Secretary for Economic Policy is to bolster the Secretary of the Treasury as the vital financial authority in the legislature. The Office uses monetary investigation and assesses current financial information to help with the determination of fitting financial arrangements.
In the story of Joseph it mention that God give him a dream that Egypt was going to have a time of harvest and a time of famine. Joseph was asked to interrupt the king dreams which he did. The king was pleased to hear what it meant then made him second in command over Egypt. He became the administrator over the land and made sure that the economy was taking care of the way it should. He used his skills tackle all of the economic issues at that time and season.
The Office of Financial Analysis, the antecedent to the Office of Economic Policy, was set up in late 1961 to prompt the Secretary on a wide scope of monetary issues. Its first chief was Paul Volcker (1962-1963). Under his authority the Office embraced exploration extends and examined current improvements in the economy. This Office framed the premise of the new Office of the
Joseph learns from his father, Elias’ faults in both his community leadership and personal life. Joseph is a more powerful leader as well as a family member because of this. At the beginning of the novel, Elias is introduced as the former leader of Waknuk the community they live in. He teaches and inspires Joseph to lead the community, but he is also a good example for Joseph to learn how to alter his leadership styles to be more effective. At the beginning of the novel, there is a jump back in time to explain Joseph's childhood:
Joseph began his life as the favorite son of Jacob who tended to the flocks as a shepherd.3 These humble beginnings foreshadow how one day Joseph will tend to the Seed of the Woman during times of famine in the land by giving food to this eleven brothers. Jacob, who was the son of Isaac, had eleven other sons who were jealous of the special attention that Joseph received. In fact, they hated him and could not speak a kind word to him.4 Joseph had a dream that predicted that Joseph would one day reign over his older brothers. This upset his brothers and they tricked Joseph by selling him into slavery. Joseph was then taken to Egypt where he was sold to Potiphar and became a servant in
Using Sources A, B, and C and your own knowledge account for the founding of the U.S. Federal Reserve and analyze how its role in economic policy has developed since then.
The first editorial, “The Federal Reserve Politicians,” discussing the expanding power the federal reserve has. The federal reserve officials have become the most important economic decision makers in the government. The author believes that under a healthy government the Fed or any party should not have so much power without more accountability.
So when Joseph came to them, they took off his beautiful robe and they threw him in an empty well. Then they sold him to people that were going to Egypt. The brothers took the robe and dipped it in animal’s blood and brought it to their father. They told Jacob that an animal killed him. Jacob was really upset. Joseph was now in Egypt working as a slave. He was Potiphar’s helper and made him mandated of everything he owned. Then the Pharaoh sent him to jail. After some time in jail a cupbearer and a baker’s Pharaoh had a dream that he was going to get out of jail soon. Joseph told them to tell the Pharaoh about him but the cupbearer forgot. Two years later the Pharaoh had a dream, but nobody could understand it. Then the cupbearer remembered what Joseph did for him, and Joseph was brought to Pharaoh. Joseph explained him and the Pharaoh believed all that he told him, and put him in charge of all the land of Egypt. People came from all over to buy grain from Joseph, including Joseph's brothers. When his brothers came, Joseph was able to recognize them, but they did not. Joseph told them that he was their brother and even thought they were afraid Joseph was not mad at them because he knew that God had a better plan for him. After it his entire family moved to Egypt
All day and all night, they battled the emergency with each instrument available to them to keep the United States and world economies above water. Working with two U.S. presidents, and under flame from a crabby Congress and an open angered by conduct on Wall Street, the Fed—nearby associates in the Treasury Department—effectively settled a wavering monetary framework. With inventiveness and definitiveness, they kept a financial fall of incomprehensible scale and went ahead to create the strange projects that would resuscitate the U.S. economy and turn into the model for different nations. Rich with detail of the basic leadership prepare in Washington and permanent representations of the real players, The Courage to Act relates and clarifies the most exceedingly bad budgetary emergency and monetary droop in America since the Great Depression, giving an insider 's record of the approach reaction (http://www.forbes.com/sites/richardsalsman/2012/03/06/five-financial-reforms-that-would-prevent-crises-and-promote-prosperity/#).
Pharaoh called for Joseph and he was quickly bought to Pharaoh after shaving and changing his clothes. Pharaoh told Joseph that no one he has told his dreams to could interpret them, but he heard that Joseph could. Joseph replies, “ It is not my power, but of God. God can set your mind at ease.” Pharaoh explains both of his dreams to Joseph. Joseph interprets both of Pharaohs dreams by explaining that it is God warning them in advanced to prepare for the seven years of famine. Joseph also explains that it would be wise to put someone in charge of preparing for the famine. Pharaoh decided that the only person who would be wise to oversee such a daunting task would be Joseph, so Pharaoh put Joseph in charge of the whole land of Egypt. Pharaoh changed Joesph name to Zaphennath-paneah. He also gave Joseph a wife named Asenath. As Joseph had predicted there was seven years of great prosperity and he begun to gather all the crop throughout Egypt and placed them in
Joseph’s story is a great reminder of how God can turn a devastating situations into a something good. There are times in our lives we think why would this happen? Or why would God allow this? I’m sure when Joseph’s brothers sold him as a slave, he had many whys when talking with God or as he sat in a prison cell, he was human just like you and I. There had to be times of fear and doubt. Joseph persevered. Due to his faithfulness and trust, God continued to bless him, and he became the ruler over Egypt. We do serve a mighty God! I enjoyed reading your
Decorum. Joseph starts out the story as very naïve. He trusts people will like him because he tries to be nice. What he does not realize is that while he tried to be nice he also had a larger ego that his brothers liked. His brothers betray him, but he still tries to show he is a hard worker by working his way up through the slave ranks in Potiphar’s house. When the Pharaoh give him the chance to help Egypt through the famine he proves to be smart enough and hard working enough to do the job right. Egypt is saved. He also wants to be seen as righteous, which is challenging for him when he challenges his brothers. But when they can pass his test and he can forgive them, all is forgiven.
The FED gave liquidity, The Federal Reserve gave transient secured credits to money related establishments. The FED likewise upheld disabled monetary markets. The Federal Reserve acted to keep impeded money related markets working. The FED naturally upheld systemically imperative budgetary establishments by giving advances to vexed money related foundations whose disappointment may have promoted undermined trust in the monetary framework. The FED has made an awesome showing with settling and making a force adjusted managing an accounting framework after the colossal retreat.
A greater conflict is later revealed later in the story. Joseph is brought before Pharaoh to interpret his dream, and he reveals that after seven years of plenty, a severe famine will engulf the land so that the seven years of plenty will be forgotten. In order to prepare for the famine, Pharaoh must appoint someone to oversee the storing and rationing of the food in Egypt. Since Joseph interpreted the dream that the magicians and wisemen of Egypt could not, Pharaoh made Joseph second in command over all of Egypt. Through Joseph Egypt is well-prepared for the famine.
Understanding macroeconomics may help managers make better decisions within their organizations. This knowledge will help them to understand pricing, analyze their costs, and realize demand (University of Phoenix, 2006). "Organizations that care about how the strength of the economy might affect their ability to raise prices or how it might determine the price of goods and services they must buy will pay close attention to fiscal and monetary policy" (University of Phoenix, 2006, p.1). The following paper will discuss the tools used by the Federal Reserve to control the money supply. Because organizations should not only look at the economy as a whole but also
A boy with a special gift, the ability to interpret dreams, brings him great power and wealth. His childhood was destroyed by his older brothers who were jealous of him. God loved this boy and created him a nation, the nation of Egypt. Joseph was his name. He is the Jew who captured the heart of the Egyptian Pharaoh and became a governor over all of Egypt. His story is known to Jews, Christians, and Muslims alike who all regard him as a timeless hero.
This essay seeks to explain what are monetary and fiscal policy and their roles and contribution to the economy. This includes the role of the government in regulating the economical performance of a country. It also explains the different features and tools of monetary and fiscal policy and their performance when applied to the third world countries with a huge informal sector.
| Advocates of active monetary and fiscal policy view the economy as inherently unstable and believe that policy can manage aggregate demand, and thereby, production and employment, to offset the inherent instability. When aggregate demand is inadequate to ensure full employment, policymakers should boost government spending, cut taxes, and expand money supply. However, when aggregate demand is excessive, risking higher inflation, policymakers should cut government spending, raise taxes, and reduce the money supply. Such policy actions put